Do you want to know more about what is involved in a For Sale by Owner Florida listing. Like most people, this option may appeal to you as a way to have control over the sale of your home and save you money on costly real estate fees and commissions. Especially if you are experienced and have sold or purchased properties in the past, you may feel ready to sell your home on your own. In the current market, it’s important to do what you can to save on costs without sacrificing advertising your home to the greatest number of potential buyers. How can you be sure to get the best of both worlds?
By using a reputable flat fee service, such as ListWithFreedom.com for your For Sale by Owner Florida property, whether you have a modest home, condo, or even a large estate, you can save thousands, or even tens of thousands of dollars in commission fees. If you’ve worked with a realtor before, you know that he or she will act as an agent to represent you in selling your property. Part of the agreement that you will sign when you work with an agent is that as the seller, you will be responsible for paying a percentage of commission on the final sale when the transaction is completed. The sellers of the home, not the purchasers, are responsible for paying both agents commissions. The agent that represents your home agrees to split the commission with the other agent who is able to locate a purchaser for your home. As the seller, you can see how commission fees can really add up – they average 6 – 7% of the final value of your home.
An important step in finding potential buyers is adding your property listing to the MLS, or Multiple Listing Service. The MLS is an online and printed directory of all of the homes and other properties for sale, which can be searched for or sorted by features such as neighbourhood, size of the home or price. Using MLS makes your property listing accessible to buyers no matter where they live. What it’s important to know however, is that For Sale by Owner Florida listings can be added to MLS without the need for a realtor.
The beauty of the For Sale by Owner Florida method is that you will have absolute control over the entire selling process. Using a simple and effective service such as ListWithFreedom.com means that you will only have to pay commission to an agent who finds a buyer for you. Many people are even able to find a buyer without the assistance of an agent, which means that there are no commissions to be paid. Since the average commission is currently 6- 7 % of the total value of the home, this amount of money will be freed up for your next down payment or for future property improvements, or even a vacation for you and your family!