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What are the advantages of selling By Owner?
Sellers Answers
The biggest advantage of selling on
your own is, of course, not paying real estate agent commissions. Consider a house with a sale price of
$200,000 and a 6% real estate commission, which is an average commission
percentage but will vary depending on the broker. With 6% of the sale price you would have $12,000
in agent fees that you can benefit from selling yourself.
When you sell on your own you have
the authority to choose your asking price and you can show your house to who
you want at your convenience. If
necessary, you can also make a quick sale with the opportunity to drop the
asking price below market value and still net more money without paying an
agent fee.
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