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

In an effort to minimize representative charges, some sellers have taken the "for sale by owner," or FSBO route. FSBO homes may be cheaper for prospective buyers however the process can come with its own distinct set of obstacles. Let's talk about them.

Why Do Some Sellers Choose FSBO?

There isn't one set quantity that sellers are needed to pay their property agent, the National Association of Realtors ® says