There are a few options available from owner financing to renting (until the market turns for the better) to selling to an investor.

1. Owner Financing: Has many pros and cons and you will certainly want to consider all carefully. A competent real estate attorney can probably give you a good idea with only a hour or two of consultation. The biggest advantage to this is that there are so many buyers these days who can't get approved for a loan via institutional lenders, but they make good money and have moderate to decent credit. This is where owner financing comes into play. Again, lots to consider before you jump on this option.

2. Renting: Same thing....many pros and cons. You could end up with a good tenant for many years or you could end up with a tenant from Hell that destroys the property. If you plan to manage the property yourself, make sure you're staying local. Long distance landlording seldom works in your favor.

3. Investor: If you have little or no equity, you may still be able to find an investor who would be willing to purchase your home without any closing costs or commissions. Just depends on how the numbers look on your home. If you need help on this end, feel free to call or email me and I'll be glad to help on this end as I communicate with investors across the nation.

What you'll need in any of these instances is to know exactly what your payoff is, what the current market value is for your home and what options you're open to considering.

Guy E. Gimenez
Broker / Owner / Investor
The PowerHouse Group / CMG Group, LLC
512-731-5613
guy@phgbrokers.com

FSBO now days are harder than ever for some key reasons. One reason bieng exposure on listings. Most buyer use a realtor to find a home for many reasons to include: Acess to all homes in local MLS, have relationships with professionals in the industry, acess to Bank owned homes, and much more. The market over last year and escpecially over last 90 days has changed so fast that the person with the most knowledge wins. Most realtors are aware of the changes in policy with loans,grant programs and other benifits to the consumer. So the average home buyer who needs the professional services that are FREE will consult a realtor. We are now in what we call a Buyers Market.

Advice
I would get a realtor to work with you on the sell of your home. I would get one that is an expert in the field. I would make sure they are Full Time and are currently working with buyers and sellers, this shows that they are busy and productive and effective. I would not choose my realtor based on commisions and listing price is my other free advice. If you choose it on that you are setting yourself up to fail. Choose an agent based on merits and sucess.

Good luck

Edwin Gerace
Region 3 VP of SC Realtors
803-609-7653
mail@609sold.com

PS
I have some realtors in your area that can help you
Just email me if you need assistance in a Real Estate Professional

Few options however you pay for what you get:
1) Flat fee listing agent google search if that is an option in your area could save your $1000's at closing
2) Interview Realtors determine if they can discount their listing % to you based on broker approval all agents work as if they own their own business depends on their practice amount choice charge
3) Consider an open listing if an option listing agent if you secure own buyer no fees are paid.

YES FSBO
1) Public turns to Realtors assist in search saves them time, our websites and etc. highly indexed we market for buyers
2) Buyers don't know truly where to search in most instances for a FSBO THEN if interest what are next steps
3) Do to many scams out there many buyers shy away unless a Realtor is involved, buyers know we have to qualify seller of home, comp value, all other details involved up to closing.
4) Many sellers don't realize you must comply with State laws sale of any property if you don't can be sued therefore you are covered under agents e & o insurance

Hope my statements assist with sale of your home

National Featured Realtor and Consultant, Texas Mortgage Loan Officer, Credit Repair Lecturer
Follow me on Twitter: http://twitter.com/Lynn911
Lynn911

http://www.lynn911.com

There is not a standard % REALTORs receive for selling a home. But I would suggest not basing your decision on who charges the least but on who actually gets the job done.