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Summary: Selling a house yourself, which is known as "for sale by owner," requires being a good marketer, representing the house accurately and negotiating professional with potential buyers. Save money on real estate agent commission fees with information from a registered financial consultant in this free video on selling houses.
Patrick Munro's affinity for investing and financial matters began more than 20 years ago with business education and service throughout the ranks of the banking, insurance and...read more
"This is financial advisor Patrick Munro, talking about how to sell a house yourself. The term is called FSBO, for sale by owner, and you have to be a good marketer. You have to be fair minded and be very well organized, and also be prepared to spend a lot of time waiting at home for people that will not show up to see your home. Many people eventually get worn down with the process, and then they end up taking over the services of a professional real estate agent. The real estate agent will charge you a fee and they're well paid for their fees, but they also are professionals and know how to distance themselves from any potential negotiating problems. Many times, people are too close to the forest for the trees and they they do not represent themselves well in a transaction, so it's a very rare bird that can sell their home for a profit and feel they were well represented in the transaction. But, if you feel like you're a FSBO person you can absolutely do this. This is financial advisor Patrick Munro, talking about how to sell a house yourself."
eHow Article: How to Sell a House Yourself