For sale by owner not always best strategy
Published August 11th, 2007 in SellersFrom the Chicago Tribune:
“… the disadvantages of for sale by owner (known as FSBO) efforts are potentially just as large as the savings. That’s especially true in a buyer’s housing market, where drumming up interested sellers is much more difficult than a few years ago.
Cutting out the real estate agent could end up being a decision that’s penny-wise but dollar-foolish.”
The rest of the article weighs the pros and mostly cons of selling a home by yourself. While some people can save money by marketing a home on their own, most find that the expertise and hard work of a listing agent are more than worth the costs.