If you are considering selling your home in Portland, Oregon, you may be tempted to go the For Sale by Owner route. FSBO homes are typically faster to sell than those listed with agents, and they can save you thousands of dollars. However, you should also consider using a real estate agent to handle the sale.
Why are some listings at $1?
Working with a realtor is generally the best way to get your house sold in today’s competitive market. They are able to offer a range of services and a wider pool of potential buyers, which can make for a smoother transaction.
When listing your home, it’s important to do some research on the local market. There are many discount real estate brokers that provide a full service at a fraction of the cost of traditional brokerages. Link : https://www.prweb.com/releases/2010/01/prweb3500124.htm
The good news is that most of these agencies are easy to find and have minimal fees. On the flipside, you might be able to get a better deal by going with an agent who has a better track record.
The biggest expense you’ll incur is a commission. In Oregon, the average real estate commission is 4.99%. This doesn’t sound like much, but if you’re trying to get your home sold, it’s a significant amount of money.
There are some nifty tricks you can use to cut your commission down to a manageable amount. You can ask your agent to use a lower rate or you can negotiate with them.