I’ve been in real estate now for over 10 years. You can even find a actual estate agent, view prices of recently sold homes, and see dwelling values in your community. Now it includes a huge stack of paperwork and legal requirements which can make selling FSBO a challenge. 6 In response to a 2016 report by the National Association of Realtors (NAR) concerning house buyer and vendor trends, House Buyer and Seller Generational Traits Report 2016, 8{d0349f58a60fd499e9878b852807b765722dbb1bb22406b3f9d841644c115e20} of surveyed real estate transactions between July 2014 and June 2015 were FSBO.

Some locations require that each events are represented by an lawyer, which implies you may need one even when you use a purchaser’s agent in a FSBO transaction. Though a vendor may not want to hire a listing agent, many FSBOs will completely pay a buyer’s agent. In other areas, possession is given the day after closing to give the seller time to maneuver.

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