For Sale By Owner Realty
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For Sale By Owner Realty

Selling your house on your own? Try a for sale by owner realty partnership which will list your house in the Multiple Listing Service (MLS) for a fee.
You can have your house seen by all the same real estate agents and buyers that would see a fully represented house, but you save the huge commission fees!

This for sale by owner realty service that lists your home in the MLS database is a very good value for the money. The MLS database is the National Association of Realtors (NAR) list of homes that are currently for sale. It is a nationwide list and use of it is only available to members of the NAR. With your house in this database, you will gain exposure to local Realtors with prospective buyers for your house!

Click here to learn more about selling your house by owner

For sale by owner realty only lists the house in the MLS for a flat fee and provides no other services. That is why the fee is so much less than the percentage you would pay a real estate agent to represent you. Of course, you will have to do all the work that an agent would have done, but of course you will save a lot of money in the process!

When your house is listed, you will get calls from local realtors and you will need to make your house available for showings. You may want to get a lock box so that it can be shown while you are at work, or if you prefer to be there you will have to make yourself available.

One other cost associated with having a for sale by owner realty MLS listing is that you must pay a 2-3% buyers agent commission to the local real estate agents that will be brining buyers to your house. This is their standard commission that is usually paid out of the total commission that you pay to the agent helping you sell your house - but since you are acting as the agent, you must pay them. After all, they are bringing buyers to the house and you certainly canā€™t expect them to work for free can you?





 
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