If you’re thinking of selling your home, you may be considering the ‘For Sale By Owner’ (FSBO) route, although the majority of Calgarians still opt for a REALTOR®. One of the most common myths about the FSBO way, is that it will save you money, which is not true.
Here’s some facts about FSBO vs REALTORS®, to help you make an informed decision:
- On average, FSBO homes take 19 more days to sell then those listed with a professional. Who has time for that in this marketplace?
- On average, REALTOR® properties sell for $41,000 more, another important factor in a hot seller’s marketplace like we have in Calgary.
- The total number of FSBO property sales has dropped from 20% to 9% in the last ten years.
70% of property owners who try to sell themselves say they have trouble selling their homes, citing issues with: understanding paperwork, setting the right price and preparing the home for sale. These are all areas that REALTORS® specialize in, and can help you with.
Do you have more questions about this topic? Contact us or reach out on Twitter.
