It is difficult to say whether selling a house as for sale by owner (FSBO) will result in a higher offer than listing it with a real estate agent. There are many factors that can influence the outcome, such as the condition and location of the property, the local real estate market, and the negotiation skills of the seller.
On one hand, selling a house as FSBO can save the seller the cost of agent commissions, which can be a significant amount. According to Trulia research, FSBO homes are priced an average of 2% higher than agent-listed homes. However, this does not necessarily mean that the seller will get that price. Homes that are not accurately priced tend to stay on the market longer, which can be a disadvantage for the seller.
On the other hand, listing a house with a real estate agent can provide several benefits. Agents have access to a wider pool of potential buyers through the multiple listing service (MLS) and their own network of contacts. They also have the knowledge and experience to help the seller negotiate the best possible price for the property. In addition, agents can provide valuable advice on how to stage and market the property to attract potential buyers.
Ultimately, whether selling a house as FSBO or listing it with an agent results in a higher offer depends on various factors specific to the property and the local market. It is important for the seller to carefully consider their options and choose the approach that best suits their needs and goals.