If you sell your house without the help of a real estate agent (a realtor), the most important Pro of it would be "Money." Selling your house by yourself (FSBO= For Sale By Owner) means MORE MONEY for you.
By selling it yourself you save the commissions and fees. - We are not talking about pennies, we are talking about tens of thousands dollars which you would have to pay an agent upon closing.
Let's see. If you successfully sold your house for $500,000 (the average price in local Brooklyn Area), agents will be paid 6% of the selling price by you. That means $30,000 right there. It's a significant amount of money, with which you could buy a nice brand new car.
Another advantage is that you are able to decide the times for open houses and showings. It is also completely up to you where and when you want to advertise.
In order to save $30,000 in commission, you would have to hire an attorney, a title company, and an insurance company by yourself to make a deal happen. But if you are totally up for it, then you should definitely do it.
You should try any kind of marketing to attract prospective buyers. But if you really want to have it sold right away, you would like to work with investors.
For example, if you are facing foreclosure, divorce, relocation, double payment, retirement, job-loss, etc, and the time is of the essence, working with investors would make most sense.
Because they can pay CASH, not using a bank financing, most of them can close within 2 weeks or less. And most of the time, you (the seller) doesn't have to pay any FEE.
Therefore, if you sell your house by yourself in Brooklyn NY and if you work with investors, you can save $30,000 on the average (for agent's commission) and can close within 2 weeks. Whatever the reason of selling your house may be, your real estate challenge is over and you can start fresh in half-a-month or so.
If you like this idea, please contact us. We as local investors in Brooklyn, NY, we would be happy to work with you. Please call our Toll Free 24HR Recorded Message System at 1-888-282-0423. Or visit our website at Sell-My-House-Brooklyn.com
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