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Kent Proesch

Coldwell Banker
Boise, Idaho
Real Estate Agent
208-867-5144
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For Sale By Owner - A Good Idea?

FSBO (pronounced fizz-bo), or For Sale By Owner, is a way of selling your home without the use of a professional real estate agent or broker. The idea behind FSBO is that by selling your home yourself, you save the approximate 6% that would be the agents’ commission.

6% may not sound like a lot, but it can add up, especially on more expensive homes. But before you run off and decide to sell your home FSBO, you must remember that to get a savings like that, there must be a cost. So what’s the catch? Selling FSBO is hard. A lot harder.

Only about 10% of sellers that decide to do FSBO are successful at it. And not all of them end up saving themselves money. FSBO sellers often end up accepting a lower price for their home than they would with an agent.

There are of course other issues as well. Can you afford to make selling your home your full-time job? Because for a lot of FSBO sellers, that’s exactly what it is. Do you have the time and capital to spend on the marketing, advertising, inspections, paperwork, phone calls, showings, and problems that come up when any home is sold?

Selling with a professional agent also has other advantages. An agent can get your home listed on the MLS (Multiple Listing Service) and other popular websites where not only homebuyers but also other agents can easily find it. Professional real estate agents also have an extensive network that allows them to more easily find a buyer.

So before you decide to sell your home yourself, thoughtfully consider just how much time and effort you can spare for selling your home, as well as how important it is that your home sell sooner rather than later.

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Kent Proesch
Coldwell Banker Tomlinson Group

516 S Capitol Blvd
Boise, ID 83702
Phone: 208-867-5144
Email: kent@columbiavillage.com

Testimonials

Testimonial As first-time sellers, Kent's knowledge of the Columbia Village market, expertise in negotiations, and professionalism were invaluable. If we were ever to buy or sell again in Columbia Village, Kent would be our very first choice without a doubt. Since we were selling while living in another state, his communication was very helpful and always very diplomatic, honest, and tactful. He was also very responsive to our requests, regardless of how seemingly trivial it might have been. We can't say enough good things about our experience with Kent. If you are looking for a Realtor, choose Kent--you won't be disappointed! Fred and Nancy Seroski
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