Real estate can be very lucrative and also very expensive when it comes time to sell a house or investment property.

Few people who are selling have ever fuly tallied up the overall cost of selling a home and in turn buying another. Some of the expenses are unavoidable but one of the greatest expenses isn’t.

I’m talking of course about the enormous impost of a real estate agents commission in selling your home.

In boom times this cost can perhaps be somewhat justified purely on the score of convenience ( although ten or twenty thousand dollars would want to buy you a whole lot of convenience) But in the current economic climate and real estate nosedive, to give up ten thousand dollars to an agent may be financial hari-kari to some people on borderline mortgages.

If only people realised just how easy it is to sell their own home, now that the internet has provided the means, then more people would be going the diy route when selling their real estate

Real estate private sale or fsbo is slowly but surely becoming the sales method of choice for many people reeling from the ravages of a depressed property market.

Not that you should only consider selling privately in hard times. It’s potentially a more viable option in boom times as well. After all when homes are selling like hot cakes what on earth would you need a real estate agent for? Conversely if times are tough you can’t afford the agents hefty fees or you may not be able to sell at all.

As a real estate agent who operates within the Australian real estate market, people find it odd to think that I help private sellers to sell without an agents commission. On the other hand I find it odd to think that the public places such unwavering faith in agents as opposed to faith in their own ability to sell their own home.

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