South Windsor FSBO - Real Estate Agent vs. FSBO - Should You Use an Agent to Sell Your South Windsor Property? By Jon Sigler, Real Estate Expert
Let's face it. Selling your home is probably one of the biggest financial transactions you'll ever make. Of course you want to do it right. On the other hand, you also want to walk away at the end of the day with the most money possible. Should you hire a real estate agent or should you go with a South Windsor FSBO? Let's look at both sides of coin.
On one hand, by not working with an agent you save yourself the 6% in commissions that real estate agents collect. You have complete control over the process. You get to meet all the buyers and negotiate for yourself. You decide everything for yourself.
The two most common reasons people opt for a FSBO are that they want to be in control and they don't want to pay commissions. That sounds great; but let's look at the other side of the coin.
Real estate agents have spent hundreds of hours learning how to negotiate, how to market and how to sell homes. If you're working with a good agent, chances are they have a lot of experience selling homes just like yours.
When it comes down to it, the statistics tell the real story. The statistics are quite drastic and shocking. The reality is, 88% of FSBOs will not sell and end up listed with a real estate agent anyway and South Windsor FSBO's are no different. Furthermore, sellers that work with real estate agents generally get at least 6% more on their bottom line, which includes paying out commissions.
The reality is, for most sellers working with a real estate agent will result in a faster, more profitable sell. That said, working with an agent may not be for everyone. If you truly believe you can sell the home faster and more profitably or if you must be in control of the process yourself, then perhaps a FSBO really is for you.
On the other hand, if you want to get the most money for your house in the fastest possible timeline, your best bet is probably to work with an experienced real estate agent.
There is a lot of free information available to you about buying, selling or investing in South Windsor real estate. For complete information about the South Windsor real estate market including current homes for sale, property values and South Windsor FSBO's please contact me on my cell at 860-306-8029 or email me.
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As quoted in the New York Times "A Little-Known Loan Program", and in the Hartford Courant "Moving In:Couple Combining Households Buys In Newington" and "Moving In... New Britain"