Can a homeowner really save money by going the DIY route and listing their property privately, or does working with a real estate agent still offer the best value for the cost?

The 5-6% commission fee for realtors is negotiable and can sometimes be reduced.

FSBO sellers may still need to pay a buyer's agent commission, which typically ranges from 2-3% of the sale price.

Homes sold by realtors typically sell faster than FSBO homes, with an average of 65 days compared to 102 days.

FSBO sellers may miss out on valuable resources and expertise that realtors provide, such as market analysis, pricing strategy, and legal guidance.

Realtors often have access to exclusive listings and databases, increasing the visibility of the property.

FSBO sellers may struggle with pricing their home accurately, often leading to overpricing or underpricing the property.

Realtors have negotiation experience and can potentially secure a higher sale price for the seller.

FSBO sellers are responsible for their own marketing and advertising, which can be time-consuming and costly.

Realtors have a fiduciary duty to their clients, ensuring their best interests are protected throughout the transaction.

FSBO sellers may not have the same legal protections as those who work with a realtor.

Realtors can provide valuable resources and connections, such as home inspectors, appraisers, and contractors.

Realtors can help sellers navigate complex real estate laws and regulations.

FSBO sellers may be more susceptible to scams and fraud.

Realtors can provide valuable insight into market trends and provide sellers with a realistic expectation of their home's value.

FSBO sellers may not have access to the same level of support and resources as those who work with a realtor.

Realtors can help sellers prepare their home for sale, including staging and recommending improvements.

FSBO sellers may struggle to handle the emotional aspect of selling their home.

Realtors can provide valuable guidance and support throughout the entire selling process, from listing to closing.