Your property is your largest financial asset. And most homeowners still hold a mortgage on their home so their equity is potentially much less than the selling price. This means a 6% commission may be a HUGE percentage of your equity. Why should you lose so much of your equity that you worked so hard to get!
When you compare other items you buy in your lifetime, like insurance, utilities, gas and heat or even a car, do you really believe the service you receive for selling your home with a traditional real estate agent is worth approximately $6,000 to $20,000? The main service that real estate agents provide is convenience and, in some areas, agents can get a license within two weeks.
Today, a third of homeowners are selling their homes without the use of a traditional real estate agent. The internet has a wealth of tools to help you sell your home. Sellers are relying less on real estate agents and more on their savvy web surfing abilities.
Last year, nearly 1,500,000 sellers nationwide saved thousands by not using a full commission agent. With a little time and effort, a home seller can do or obtain the same services an agent offers. From home appraisers to real estate attorneys and showing your own home, these services can be done by any home seller.
Gone are the days that a buyer needs an agent to show them a home. With multi-media platforms, buyers can find out everything about a home in the comfort of their own livingroom. They aren't wasting their time with showings and home sellers aren't wasting their time with uninterested buyers.
FsboMichigan.com has worked hard to rank high in popular search engines. With our low-cost advertising, you can literally sell your home for less than the cost of a newspaper ad.
If you choose to use FSBOMICHIGAN.COM's optional Flat Fee MLS Service (same one Realtors use), you not only save ½ of commission fees, but you still retain YOUR RIGHT to sell to anyone not represented by a realtor as well! Best of both!
Do you know what percentage of your home's equity you would pay to a real estate agent?
Enter your expected selling price, your real estate agent's commission percentage and the amount you still owe on your property.