If you?re thinking, ?I should sell my house without a Realtor,? the current real estate market and explosion of the Internet will make your job easier.
Sell My House Without A Realtor
If you are looking to sell a house without a Realtor, you are known as a ?FSBO? seller. FSBO stands for the phrase ?for sale by owner.? FSBO sellers have always existed but in the last few years, they have become much more prevalent due to two primary factors.
Effects of Hot Real Estate Market
Making Realtors somewhat irrelevant in many parts of the country is an insanely hot real estate market. Homes in San Diego, California, for example, were known to be on the market for less than two weeks on average in early 2005. Keep in mind, this was the average time it took to sell a home including the run down messes. In such a market, many homeowners started wondering why they were paying six percent commissions to a Realtor who didn?t have to do much.
Internet Use
The creation of FSBO real estate listings sites has exploded over the last three or four years. Buyers and sellers would often search online for homes instead of driving areas with a Realtor as they became more familiar with these sites. This resulted in sellers wondering why they should pay a commission of 6 percent to a Realtor when a site like fsboamerica.org only charged $25 a month to list a home on the site. A lot of them couldn?t come up with a reason.
No Realtor
The decision to sell you house without a Realtor is one you should make carefully. If you?re comfortable with the selling process, going FSBO makes all the sense in the world. But if the negotiating process is something you are not comfortable with, then how about considering using a Realtor? Ultimately, your first step should be to buy a FSBO book in your local bookstore or visit a FSBO site and read up on what is involved.
If you are just beginning your search for Playa Del Carmen real estate you will undoubtedly have many questions about the process. Let us show you Mexico real estate for sale and guide you through the process.
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