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What are the advantages and disadvantages of “For Sale by Owner”?

April 26, 2017advantages disadvantages for sale for sale by owner

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What are the advantages and disadvantages of “For Sale by Owner”?

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The advantage is the seller has complete control and does not have to pay real estate agent commissions. The disadvantage is that they have to spend all their time doing all the work and don’t get their house listed on the MLS. Most “For Sale by Owners” eventually list their property with an agent.