Buy or Sell Homes FSBO

Using the internet can make many aspects of either buying or selling Homes For Sale By Owner much easier, selling by yourself requires an additional commitment of time and energy. Still, over one MILLION homes are sold by owner in the USA every year without the involvement of a real estate broker - as much as 20 percent of home sales annually are accomplished on a "For Sale By Owner" basis (also known as FSBO). These buyers and sellers save an average of $12,000 per transaction in commission costs. With knowledge, common sense and patience, you can sell your own home or buy a home directly from the owner and the buyer can save money while at the same time the seller can also keep more of their equity.

Typically, a real estate agent or broker who lists and sells your home is paid a commission between 5% to 7% of the selling price. That means that if your house sells for $200,000, you would end up paying him/her between $10,000 and $14,000. The commission makes up by far the biggest chunk of the expenses associated with selling your house. If you sell it without the help of an agent, you save that money.

An agent's commission, though based on the selling price, is paid out of the equity you have in your home. Therefore, if that commission costs you $10,000 and you only have $40,000 in equity in the home, the commission will take away 25% of your equity. If you choose to sell by owner, you protect your equity. Also, an owner is more motivated to sell the house for a fair price than an agent, who may be busy with dozens of properties at the same time

Site Directory

Atlanta Homes For Sale By Owner - Find homes for sale and special services for the Atlanta, Georgia Area.
Boston Homes For Sale By Owner - Find homes for sale and special services for the Boston, Massachusetts Area.
Chicago Homes For Sale By Owner - Find homes for sale and special services for the Chicago, Illinois Area.
Dallas Homes For Sale By Owner - Find homes for sale and special services for the Dallas, Texas Area.
Denver Homes For Sale By Owner - Find homes for sale and special services for the Denver, Colorado Area.
Detroit Homes For Sale By Owner - Find homes for sale and special services for the Detroit, Michigan Area.
Houston Homes For Sale By Owner - Find homes for sale and special services for the Houston, Texas Area.
Homes For Sale at HUD - Find foreclosure homes for sale from the Department of Housing.
Los Angeles Homes For Sale By Owner - Find homes for sale and special services for the Los Angeles, California Area.
Miami Homes For Sale By Owner - Find homes for sale and special services for the Miami, Florida Area.
New York Homes For Sale By Owner - Find homes for sale and special services for the New York, New York Area.
Philadelphia Homes For Sale By Owner - Find homes for sale and special services for the Philadelphia, Pennsylvania Area.
San Antonio Homes For Sale By Owner - Find homes for sale and special services for the San Antonio, Texas Area.
San Francisco Homes For Sale By Owner - Find homes for sale and special services for the San Francisco, California Area.
Seattle Homes For Sale By Owner - Find homes for sale and special services for the Seattle, Washington Area.