For Sale by Owner

For Sale by Owner is the process in which the home owner chooses to sale their property without the use of an agent utilizing conventional means of advertising and marketing strategies to gain exposure for their property. There are several advantages to this approach and we will examine those below.

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A "For Sale by Owner" transaction can increase the profitability of the sale because there is no agent to deal with, which means there is no commission paid at the time of the sale.

For Sale by Owner puts the home owner in control of every aspect of the sale, including listing, pricing, negotiation and closing. This allows you to list your home at lower than market price to move the property faster, or match the comparable pricing to increase profitability.

For Sale by Owner transactions also have their drawbacks including, no agent means no representation.