Purchasing a home is a significant financial decision, and traditionally, many people have relied on real estate agents to guide them through the process. However, in recent years, there has been a growing trend of buyers opting to buy homes without the assistance of an agent. This approach, often referred to as “For Sale By Owner” (FSBO), offers several potential benefits and can be a viable option for buyers who are willing to invest the time and effort required.
One of the primary advantages of buying a home without a real estate agent is the potential cost savings. Real estate agents typically charge a commission, which is a percentage of the sale price of the home. By eliminating the agent, buyers can save a substantial amount of money. Additionally, buyers who choose to sell their homes without an agent may be more likely to negotiate a better price with the buyer, as they are not obligated to pay a commission.