Of course, when you list your house with a realtor, you must pay a commission of 6% +/- on the sale price, but you also get the expertise required to navigate the maze of steps, legal and financial requirements, title issues, and all the other things that can go wrong.
For Sale By Owner
The main reason people try this path is to avoid paying realtor commissions of 6-7%.
Realtors control the majority of buyers and will not show your house to their clients unless you agree to pay their commission.
Realtors are the best people to determine a price that will get your house sold quickly for a good price.
Realtors provide expertise to navigate through the maze of steps, legal and financial requirements, title issues, and all the other things that can go wrong.
Without a realtor at your side, you are on your own.
For sale by owner can be a false start that wastes time and extends your monthly carrying costs (mortgage payments, taxes, insurance, utilities and maintenance) that could run $1,000 a month.