FSBO – Not an Option in a Slowing Economy

For sale by owner is now an increasingly popular method of selling homes. Since the market values have dropped, sellers would want to get the most profits for sale by eliminating the agent commission. However, in the current economic condition, do you think For Sale By Owner is a smart thing to do?

The current real estate market is what you can consider a buyer’s market. In here, the number of houses for sale exceeds the number of buyers. This is an advantageous condition for the buyers. However, this can mean an impending problem for sellers. (more…)