For Sale By Owner
If you want to buy or sell home for sale by owner using the
internet, it is much easier than in the past. Over one MILLION homes are sold by owner in
the USA every year without a real estate broker - as many as 25 percent of home sales
annually are accomplished on a "For Sale By Owner" basis (selling a home for
sale by owner is also known as selling it FSBO).
These buyers and sellers save an average of $18,000 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.
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 $300,000, you would end up paying him/her between $15,000 and $21,000. 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 $50,000 in equity in the home, the commission will take away 20%
of your equity. If you choose to sell by owner, you protect your hard earned 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
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Site Directory
Atlanta Real Estate
For Sale - Find real estate for sale by owner in the Atlanta, Georgia Area.
Boston Real Estate For Sale - Find real estate for
sale by owner in the Boston, Massachusetts Area.
Chicago Real Estate For Sale - Find real estate
for sale by owner in the Chicago, Illinois Area.
Dallas Real Estate For Sale - Find real estate for
sale by owner in the Dallas, Texas Area.
Denver Real Estate For Sale - Find real estate for
sale by owner in the Denver, Colorado Area.
Detroit Real Estate For Sale - Find real estate
for sale by owner in the Detroit, Michigan Area.
Houston Real Estate For Sale - Find real estate
for sale by owner in the Houston, Texas Area.
Real Estate For Sale
at HUD - Find real estate for sale from the US Department of Housing.
Los Angeles Real Estate For Sale - Find real
estate for sale by owner in the Los Angeles, California Area.
Miami Real Estate For Sale - Find real estate for
sale by owner in the Miami, Florida Area.
New York Real Estate For Sale - Find real estate
for sale by owner in the New York, New York Area.
Philadelphia Real Estate For Sale - Find
real estate for sale by owner in the Philadelphia, Pennsylvania Area.
San Antonio Real Estate For Sale - Find real
estate for sale by owner in the San Antonio, Texas Area.
San Francisco Real Estate For Sale - Find real
estate for sale by owner in the San Francisco, California Area.
Seattle Real Estate For Sale - Find real estate
for sale by owner in the Seattle, Washington Area.
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