For Sale By Owner seems like a no-brainer. Put a sign out on your lawn, run a few ads in the paper or on the internet and voila, you have sold your home and made more money by not having to pay a commission. The reality is quite different. With FSBO, you are on your own to manage the entire process.

Realtors Bring in More Traffic

MLS is short for Multiple Listing Service. This is used by realtors to inform one another what real estate are available in a particular area. Buyers prefer to use a realtor so that they can see the most options possible. When you sell it your self you are not listed on MLS. Therefore, it is difficult for prospective buyers to find your property as most depend on a realtor to help locate property, and agents depend on the MLS to find listings.

For Sale by Owner may seem like a better way to sell your home and make more money, but there is hard work entailed. It is important to market your house, plan and prepare open houses to show prospective buyers the property. You may end up taking calls day and night in order to secure a buyer for your home. But realtors go through specialized training and are experts in presenting a home in a way that's appealing and specific to the potential buyer coming into your house.

A real estate professional has the advantage of knowing what comparable homes in the area are listed at and what they have sold for. They can help you determine the best price. If you under price, people will think there is something wrong. If you over price, buyers will not consider your home.

Realtors Provide Expert Advice

Realtors know what types of repairs should be made before putting your house up for sale. Easily fixed flaws that are noticeable on walk through of your home can significantly affect the value of your property. Owners often fail to see the obstacles to the sale of their home - it often takes an experienced and objective outside eye to catch them. Realtors are also trained to show your house in its best light. What you take for granted they can highlight to the buyer. What you think is a great feature may turn off potential buyers. Realtors can manage the required paperwork legally sell the property.

Home Buyers Favor Using Realtors

Buyers are usually not at their ease in the company of the home seller. If there is something they don't like and the owner is saying how terrific it is, the buyer might be more apt feel uncomfortable and walk away from a potential deal. A good real estate agent knows how to read the buyer to get them to state their concerns, so that they can overcome objections. Buyers don't want to hurt your feelings, so they will likely make an excuse and just walk away. An agent will have a more impartial eye and can address the potential buyers' issues and reservations in an unbiased manner.

In conclusion, some home buyers believe that For Sale by Owner is an unreliable arrangement which may not work out and tend to avoid this type of sale. Many home buyers prefer buying a home with the security of dealing with real estate professionals.

Sellers looking to avoid a long stay on the market may find that going with a realtor is a better option.