The pandemic did little to slow the boost in home costs. In November 2023, the median home sale was $387,600,000, up 4% from the previous year, according to the National Association of Realtors.

In an effort to minimize representative costs, some sellers have actually taken the "for sale by owner," or FSBO route. FSBO homes may be less expensive for possible purchasers but the procedure can feature its own distinct set of obstacles. Let's discuss them.

Why Do Some Sellers Choose FSBO?

There isn't one set amount that sellers are to pay their realty agent, the National Association of Realtors ® says