Only, you don't want to give up 6 percent in real estate agent commissions. For some people and situations, trying to sell a house on your own -- called “for sale by owner,” or FSBO -- is a mistake. The National Association of Realtors claims that FSBOs represented 9 percent of home sales in 2012 and that the "typical" FSBO home sold for $174,900, versus $215,000 for an agent-assisted sale. In 2003, Bennie Waller, a professor of finance and real estate in Farmville, VA, had two months to sell before moving cross country.
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