I’m Buying/Selling a For Sale By Owner (FSBO) Home. What Do I Need to Know?

May 1, 2017

Note that while FSBO’s are appropriate in a variety of circumstances, such as sales to family members, it is highly recommended that a seller consider hiring a real estate agent to sell their home. Statistically, a good agent will be able to market and present your home in such a way as to bring a higher selling price than a layperson or seller would be able to attain on their own. Also, if a prospective purchaser is already represented by a buyer agent, that buyer agent will typically require that you pay between 2.4 and 3 percent of the sales price to provide their services to facilitate the transaction.

If you do decide to sell your home “By Owner”, please contact us and we at Zdenek Law Firm can provide a range of services to you based on your needs that will enable you to complete the transaction legally and seamlessly. This includes consultations to walk you through the process, contract and disclosure preparation, repair negotiation assistance, and a variety of other services that are essential to the home buying and home selling process.