If you’re thinking, "I should sell my house
without a realtor," the current real estate market and explosion
of the Internet will make your job easier.
Sell My House Without A Realtor
If you are looking to sell a house without a
realtor, you are known as a "FSBO" seller. FSBO stands for the
phrase “for sale by owner.” Although FSBO sellers have always
existed, they have become much more prevalent in the last few
years due to two primary factors.
Hot Real Estate Market
An insanely hot real estate market has made
realtors somewhat irrelevant in many parts of the country. For
instance, homes in San Diego, California were known to be on the
market for less than two weeks on average in early 2005. Keep in
mind, this was the average time it took to sell a home including
the run down messes. In such a market, many homeowners started
wondering why they were paying six percent commissions to a
realtor who didn’t have to do much.
Internet Use
The creation of FSBO real estate listings sites
has exploded over the last three or four years. As buyers and
sellers became more familiar with these sites, they often searched
online for homes instead of driving areas with a realtor.