Will I Save Money If I Sell My Home Without An Agent

Not many, but some of my clients ask … Will I save money if i sell my home without an agent … From a strictly mathematical perspective you would have to conclude “yes”. But that’s making a decision in a vacuum. Take a breath instead and learn what the reality is

PRICEhand holding money
Last year, the typical for sale by owner (FSBO) home sold for $208,700, while homes sold by agents went for an average of $235,000. Nearly half of FSBO sellers choose that route because they want to avoid paying an agent’s commission fee. But in reality, we see that sellers using an agent net more on the sale than FSBO sellers — even after the commission is paid. 15% of FSBO sellers say that getting the right price for their home is the most difficult part of the sale.

MARKETING AND EXPOSUREwww
More than 92% of home buyers search online for homes, and they agree that the most stressful part of the buying process is finding the right property. When an agent lists your home on the MLS, it will appear on the popular home search sites. Buyers can also check out property details like beds, baths, and square footage, and view high quality photographs showcasing your home’s best features. Meanwhile, less than 20% of last year’s FSBO sellers posted their homes on local or national search sites, or on online classified sites. The most commonly used marketing tool by FSBO sellers is a yard sign.

PAPERWORK AND NEGOTIATION
No one likes red tape. Understanding and performing paperwork is a most difficult task for many FSBO sellers. Agents manage buyer and seller negotiationtransactions each day. You shouldn’t be expected to know everything, but agents have the expertise needed to get you the most for your home. WHEN YOU HIRE AN AGENT, YOU GET:

  • The right listing price, and a built-in negotiator to make sure you get nothing less
  • Visibility on home search sites and other online marketing channels
  • The bare minimum of paper work, and knowledge that will make you confident when you head to the closing table

Will I Save Money If I Sell My Home Without An Agent

Thinking about it, it makes perfect sense why “For Sale By Owners” net so much less money than their competition who hire an agent.  The buyer knows you’re not paying a commission, so why are they going to pay you the money?  THEY want the money! Duh! And the FSBO loses exposure to networks they can not hope to touch including but not limited to Realtor.com and in my case, international networks that not even most real estate agents can reach.  From the “PRICE” paragraph above, I’m surprised that FSBOs are losing only 11%!

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Click picture below (from your mobile device) to get one of the best if not THE best app I’ve found to search for homes. Check out the “radar” function called “Spot” on lower right part of the app’s screen once you’ve installed it

Click picture (from your mobile device) to get one of the best if not THE best app I’ve found to search for homes. Check out the “radar” function called “Spot” on lower right part of the app’s screen once you’ve installed it

Download the HomeSnap App here.  Snap any home with your smartphone camera using the app and get market data on that home


 





   





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Call Realty Best Palos Verdes Homes, 433 Via Corta, Palos Verdes Estates, CA 90274 (424) 226-2147


 

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$15,450,000 - 6Br/8Ba -  for Sale in Rancho Palos Verdes
$15,450,000
New
MLS# SB18089429

41 Marguerite Drive
Rancho Palos Verdes, CA 90275

Property Type: Single Family Residence
$7,300,000 - 4Br/5Ba -  for Sale in Palos Verdes Estates
$7,300,000
New
MLS# PV18112103

915 Via Panorama
Palos Verdes Estates, CA 90274

Property Type: Single Family Residence
$3,499,000 - 5Br/6Ba -  for Sale in Palos Verdes Estates
$3,499,000
Open House
New
MLS# PV18119297

1429 Via Zumaya
Palos Verdes Estates, CA 90274

Property Type: Single Family Residence
$2,995,000 - 4Br/5Ba -  for Sale in Palos Verdes Estates
$2,995,000
New
MLS# SB18119950

3700 Via Palomino
Palos Verdes Estates, CA 90274

Property Type: Single Family Residence
$2,899,000 - 6Br/7Ba -  for Sale in Palos Verdes Estates
$2,899,000
Open House
New
MLS# PV18116012

1417 Via Zumaya
Palos Verdes Estates, CA 90274

Property Type: Single Family Residence
$2,600,000 - 4Br/4Ba -  for Sale in Palos Verdes Estates
$2,600,000
New
MLS# PV18116853

1562 Granvia Altamira
Palos Verdes Estates, CA 90274

Property Type: Single Family Residence
$2,450,000 - 5Br/4Ba -  for Sale in Rolling Hills Estates
$2,450,000
New
MLS# PV18117413

3524 Lariat Lane
Rolling Hills Estates, CA 90274

Property Type: Single Family Residence
$2,268,000 - 5Br/2Ba -  for Sale in Palos Verdes Estates
$2,268,000
New
MLS# PV18120222

4300 Via Azalea
Palos Verdes Estates, CA 90274

Property Type: Single Family Residence
$1,998,000 - 6Br/3Ba -  for Sale in Rolling Hills Estates
$1,998,000
New
MLS# SB18118790

30 Club View Lane
Rolling Hills Estates, CA 90274

Property Type: Single Family Residence
$1,850,000 - 4Br/4Ba -  for Sale in Palos Verdes Peninsula
$1,850,000
Open House
New
MLS# SB18110728

27703 Eastvale Road
Palos Verdes Peninsula, CA 90274

Property Type: Single Family Residence
$1,650,000 - 4Br/4Ba -  for Sale in Rancho Palos Verdes
$1,650,000
Open House
New
MLS# PV18120175

2114 Chandeleur Drive
Rancho Palos Verdes, CA 90275

Property Type: Single Family Residence
$1,598,000 - 3Br/2Ba -  for Sale in Palos Verdes Estates
$1,598,000
Open House
New
MLS# SB18118445

4405 Via Valmonte
Palos Verdes Estates, CA 90274

Property Type: Single Family Residence
$1,589,000 - 4Br/3Ba -  for Sale in Rancho Palos Verdes
$1,589,000
Open House
New
MLS# IG18120958

27037 Woodbrook Road
Rancho Palos Verdes, CA 90275

Property Type: Single Family Residence
$1,438,000 - 4Br/4Ba -  for Sale in Rancho Palos Verdes
$1,438,000
Open House
New
MLS# PV18112854

6508 Nancy Road
Rancho Palos Verdes, CA 90275

Property Type: Single Family Residence
$1,399,000 - 5Br/3Ba -  for Sale in Rancho Palos Verdes
$1,399,000
New
MLS# PV18117503

6925 Clovercliff Drive
Rancho Palos Verdes, CA 90275

Property Type: Single Family Residence
$1,299,000 - 4Br/2Ba -  for Sale in Rancho Palos Verdes
$1,299,000
Open House
New
MLS# SB18117783

5316 Waupaca Road
Rancho Palos Verdes, CA 90275

Property Type: Single Family Residence
$1,249,000 - 3Br/2Ba -  for Sale in Rancho Palos Verdes
$1,249,000
Open House
New
MLS# PV18123645

4403 Miraleste Drive
Rancho Palos Verdes, CA 90275

Property Type: Single Family Residence
$1,150,000 - 5Br/4Ba -  for Sale in Rancho Palos Verdes
$1,150,000
New
MLS# SB18113609

28035 Hazelridge Drive
Rancho Palos Verdes, CA 90275

Property Type: Single Family Residence
$1,050,000 - 4Br/2Ba -  for Sale in Rancho Palos Verdes
$1,050,000
New
MLS# SB18123260

1300 Mount Rainier Road
Rancho Palos Verdes, CA 90275

Property Type: Single Family Residence