The pandemic did little to slow the boost in home costs. In November 2023, the average home sale was $387,600,000, up 4% from the previous year, according to the National Association of Realtors.

In an effort to minimize agent costs, some sellers have actually taken the "for sale by owner," or FSBO route. FSBO homes might be less expensive for prospective purchasers however the process can come with its own distinct set of difficulties. Let's speak about them.

Why Do Some Sellers Choose FSBO?

There isn't one set quantity that sellers are required to pay their realty representative, the National Association of Realtors ® says