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Home Selling in 43228 : Real Estate Advice

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Wed Apr 12, 2017
Carlos Herrera answered:
You don't NEED a Realtor to sell your home. You can sell it yourself. If it's how much you will spend that you're worried about vs what you will be able to walk away with at closing if you sold it without a Realtor, keep these statistics in mind gathered by the National Association of Realtors:

In 2015 - 'For Sale by Owner's (FSBO) accounted for 8% of home sales in 2015. The typical FSBO home sold for $185,000 compared to $240,000 for agent-assisted home sales.

That's like $55,000.

Say based on those statistics, you sold your house on your own (FSBO) for 5K over that at $190,000.

Then let's say you hired a Realtor to help you sell your home and he/she got you a sales price of, $220,000 (20k less than the stats show)...after a very standard 6% commission...you're at $206,800 after paying commissions! That's $16,800 more than statistically you can obtain by selling FSBO without paying a real estate commission. The numbers are conservative when you compare to the wide range in the statistics above. Your net could potentially be even higher.

Best of luck to you. You may have already sold. If you have, I hope you got as much as you wanted and more. Please update us and let us know how it went.
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Wed Jul 23, 2008
tom roberts answered:
drgels,Art is right,let me know the address and I'll email u solds.incontract etc..I was just in lewis ct selling a home in Olentangy Meadows.

Thx,

TJ
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