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Benefits Of Selling Texas FSBO
There comes a time for many homeowners that they must sell their homes. Some of the most common reasons are job relocation and moving to a larger home. No matter the reason for selling the home, there is a process the homeowner must go through to close the deal on their home.
Homeowners selling their homes have two choices by which they can transact the deal. One option is to use a real estate agent, a licensed professional that has experience in finding buyers for homes. The second option is for the homeowner to sell the home without the assistance of a real estate agent. This process is known as for sale by owner, or FSBO. Selling the home FBSO has several benefits. (See a website here http://www.toptexasfsbo.com)
One of the immediately noticeable benefits of selling a home FBSO is not having to pay commission to the real estate agent. Real estate agents earn up to 6% of the selling price of the home in commission. Of course, the higher the sale price, the more commission the real estate agent earns.
When you sale your home without a real estate agent, you donít have to pay someone else thousands of dollars to do it for you. Instead, you can use those thousands that would have gone to the real estate agent as a down payment on your next home, a much-needed vacation, or as savings for a rainy day. Why would you pay money to someone else when you can keep it for yourself? You wouldnít.
Since you donít have to worry about paying a real estate agent, you can set the price of your home at a more aggressive level. The price of your home can easily be the difference between selling within a few weeks and selling within a few months. When you discard the real estate agentís commission, you can easily lower the price by a few percent and still make a profit from the sale, provided the market is favorable. The lower the price, the quicker you can sell your home. Be careful not to lower it so far that you donít make a profit from the sale.
In addition to saving money, by selling your Texas home FBSO, you have complete control over the process from start to finish. You make all the decisions about the advertising methods, the prospective buyers who view your home, the timing of each of the steps, as well as all the other aspects of the process. Everything involved in the real estate transaction is done on your time when you sell using the FSBO method.
For Texas home sellers that have the time and patience to complete the transaction themselves, for sale by owner is a profitable and convenient way of selling a home.
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