Do I Need A Broker To Sell My House?

Many people have heard that you can save money by selling your house yourself, without paying a broker commission. Though this may be true for a select group who has previous experience in real estate, with the market tightening, most for sale by owners (FSBO) will lose money doing it themselves.

Now, isn’t that what you’d expect us to say! A recent report by the Otteau Group, independent market analysts not affiliated with brokers or multiple listing services, discloses that the median selling price of FSBOs is 15.4% less than realtor transactions. Since most realtors earn about 6% of the sales price, a FSBO who lists with a broker gains 9.4% over what he would have by going it alone.

With more than 4000 Ocean County realtors affiliated with the Monmouth/Ocean MLS, there is no other tool which exposes your house to more qualified buyers. A Realtor® assumes the risk of investing in advertising, signage, and promotions to market your property with no out-of-pocket costs for you. And most important, a Realtor® has been trained in savvy negotiating skills and has the confidence and the credibility to ask for, and get, the top sales price for your home.