To FSBO or Not to FSBO, That Is a Good Question
Posted by The Cobb Group on
When it’s time to sell your home, will you be the one who puts up the For Sale sign? The idea of putting up a For Sale By Owner (FSBO) sign will probably be a consideration with the hope of avoiding the majority of the 6–10% selling costs that come with having a real estate agent list your home.
With an FSBO, prepare to take on all of the duties and liabilities that you otherwise would be paying an agent to assume. You will have to find access to comps to accurately price your home, and you will need to be aware of the legal aspects of a home sale. Be sure to check your state’s laws for selling your home and determine if there are any regulations you must additionally comply with as a FSBO. Any omissions may be costly and litigious.
If you are an…
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