Is there an advantage to using a Realtor?


We don’t see any benefit to hiring an agent. You are just paying your agent a whole lot of money for very little work. Honestly, since they’re paid on commission, more times than not, they are working for themselves. They want the deal to be made, so that they can get paid and go home. They counsel the buyer to offer less than the asking price and they convince you to lower your asking price because that closes the deal quickly. The truth be told, for every $10,000 you lower the asking price, your agent loses only $150 in commission.

As stated in one of the questions above, Realtors will not necessarily get you more money for your home; in fact, the opposite is more likely to occur. If you sell the home on your own, you are likely to pocket more money. In addition, they complicate negotiations as in the example above, costing you thousands of dollars while losing only a few hundred out of theirs. Realtors may be able to give you prices of comparable properties which have sold recently, but will they be able to tell you if those houses were really comparable to yours? When using only square footage, bedrooms, baths and past closed sales as a comparison, that leaves to question any upgrades and improvements you might have made in your home. Again, this tactic can cost you tens of thousands of dollars.

OK, in all honesty, there is one advantage. That is, if for some reason you can’t show your own home then you will need to have an agent show it. Unless, of course, you have family or trusted friends that can show it for you, then again we see no advantage.

For more information on how you can become a successful For Sale By Owner seller visit our website at FSBOHomeMarketplace.com or call (888) 445-2850 today.

  1. #1 by Paul Reynolds at January 16th, 2010

    I am impressed by how active your blog is and the frequency with which you post. In Canada we hae very few blogging about FSBO and they rerely add new posts. Our webstie launches late this month and we wil try to post often - like you. For nw we are posting in Twitter (@propertyplaceca ) and facebook. This is to build brand.

  2. #2 by admin at January 18th, 2010

    Good luck and let’s stay in touch. There are many ways we can help each other.

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