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For Sale By Owner - A Good Idea?

FSBO (pronounced fizz-bo), or For Sale By Owner, is a way of selling your home without the use of a professional real estate agent or broker. The idea behind FSBO is that by selling your home yourself, you save the approximate 6% that would be the agents’ commission.

6% may not sound like a lot, but it can add up, especially on more expensive homes. But before you run off and decide to sell your home FSBO, you must remember that to get a savings like that, there must be a cost. So what’s the catch? Selling FSBO is hard. A lot harder.

Only about 10% of sellers that decide to do FSBO are successful at it. And not all of them end up saving themselves money. FSBO sellers often end up accepting a lower price for their home than they would with an agent.

There are of course other issues as well. Can you afford to make selling your home your full-time job? Because for a lot of FSBO sellers, that’s exactly what it is. Do you have the time and capital to spend on the marketing, advertising, inspections, paperwork, phone calls, showings, and problems that come up when any home is sold?

Selling with a professional agent also has other advantages. An agent can get your home listed on the MLS (Multiple Listing Service) and other popular websites where not only homebuyers but also other agents can easily find it. Professional real estate agents also have an extensive network that allows them to more easily find a buyer.

So before you decide to sell your home yourself, thoughtfully consider just how much time and effort you can spare for selling your home, as well as how important it is that your home sell sooner rather than later.

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agent photo
Brenda Milleson, Greg Milleson
& Archie Lennon
Ann Milleson, BROKER

152 W. Main Street
New Concord, OH 43762
Phone: 740-261-9022 Fax: 740.261.9024
Email: bmillesonrealestate@yahoo.com   gmillesonrealestate@yahoo.com, archiel2010@hotmail.com

 

Testimonials Page

"A special thanks to Brenda and Greg Milleson with Homeland Realty, Inc. for helping us find the home of our dreams. We moved to Ohio from Alabama. We told Brenda what we were looking for and our price range. She nailed it! She knew exactly what we were looking for. Two very special people!" Terry & Kerri Townsend
"Thank you for all of your help in buying my beautiful home. Buying or selling a home can be very stressful and you really made it seem easy. You were positive and responsive. Your ability to jump in and make sure things got done was amazing. It was a pleasure working with you. I would recommend you highly to anyone needing an excellent realtor." Suzanne Hale
"Brenda, I simply could not have asked for a better realtor to help me with my first home buying experience! You are so knowledgeable of your profession and you were always willing to go the extra mile. You patiently answered my numerous questions and were excellent at helping me work through the process! I can't thank you enough!" Lisa Grove
"Brenda was amazing and extremely helpful. My situation was unique because my house was divided between me and my three step daughters..................Brenda went way beyond the call of duty for me and I have recommended her to all of my friends. She became a very good friend throughout of this process and I am thankful we became acquainted. She's the best!" Bonnie Thompson
"Thank you for making this process so much easier than we ever imagined. You went above and beyond any expectations we ever had. You answered all of our questions (and there were a ton) without hesitation. We could never thank you enough!" Matthew & Samantha Horstman
Thank you Brenda for giving me your full attention in selling my house. I highly recommend you to others. Your professionalism yet personal consideration for others make you the best. A sale done fast and right. Best wishes for continued success!" Darlene Lake
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