Reduced sale price: Homes sold without an agent may fetch up to 6% less, according to Rocket Homes.
Slower sales: For Sale By Owner (FSBO) homes typically take longer to sell, with a lower median sale price compared to agent-assisted sales.
Limited exposure: FSBO listings reach a smaller pool of potential buyers.
Legal responsibilities: FSBO sellers must handle all legal paperwork themselves, potentially leading to errors.
Transaction complexities: Without agent expertise, sellers and buyers may struggle to navigate complications during the transaction and closing process.
