If you decide to sell your home privately, you can look at it like it was a part-time job. The best part is you pay yourself, rather than someone else.
Let us do some math to determine what a well paying job it can be. Suppose it takes 6 months to find a buyer for your private sale and you spend 5 hours a week marketing, answering calls, conducting Open Houses and showing the property. This works out to 130 hours over a 26 week period.
Continuing with this example, let's assume you would have paid a real estate agent $20,000 commission to sell your property. But you saved this much by using the For Sale By Owner method.
At 130 hours, this works out to $153.85 per hour. And this is after taxes. Not a bad paying part-time job to have.
Real estate owners are realizing that they can sell privately. They use HomesByOwner.com to provide them with the marketing tools to promote their property. They control the transaction and save thousands of dollars in real estate fees.
Check out the Durham Region HomesByOwner.com Website.
