Why should you list your home with a REALTOR? Part One

There are several reasons why it's to your advantage, to list your home with a professional REALTOR. I am going to touch one the most important reason, here today.

Money!­

I realize the biggest reason sellers list their homes FSBO (For Sale By Owner) is to save money. ­The 6% fee, can equal a lot less money in the seller's pocket! (OR CAN IT­!)

Let's talk about the math.

Statistically speaking, the average home sells for 13% MORE, when listed with a REALTOR.

Let's compare a side by side sale. ­One listed by a REALTOR, the other FSBO ­ ­ ­ ­ ­

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­ ­ ­ ­ ­ ­ FSBO ­ ­ ­ ­ Realtor Listed Home
Price ­ ­ ­ $200,000 ­ ­ ­ ­ $226,000
Escrow Fee ­ ­ ­ ­ ­ $600 ­ ­ ­ ­ ­ ­ $700
Excise Tax ­ ­ ­ ­ $3560 ­ ­ ­ ­ ­ ­$4023
Title Policy ­ ­ ­ ­ ­ $735 ­ ­ ­ ­ ­ ­$805
Realtor Fees ­ ­ ­ ­ ­ ­$13,560
Net to Seller ­ ­ ­ ­$195,105 ­ ­ ­ ­ $206,912

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I don't know about you, but I would MUCH rather hire someone else to do all the work, and make MORE money because of it. ­Think about it this way....Even if you're listed FSBO, chances are your buyer will be represented by a Buyer's Agent. ­You'll have to pay their 3% commission anyway. ­Isn't it smarter to just leave it to the professionals­ ­ ­ ­­

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