Some things to think about...

Ask sellers why they decide to do For Sale by Owner and the answer invariably is "...to save the [Realtor's] commission...".

Ask buyers why they look for listings For Sale by Owner and the answer invariably is "...I'll pay a lower price because the seller doesn't have to pay a commission...".

Since there is only one Realtor commission for professional real estate services it makes sense that the Seller and the Buyer cannot both benefit by the amount of the commission. Unless, of course, the property's price is reduced below market value and this defeats the intent for the Seller. Selling property below a fair market value doesn't make sense does it?

The commission is split between the Realtor representing the Seller and the Realtor representing the Buyer. If the Buyer is purchasing a property below market value, assuming that you know the real market value, don't you wonder why?

There are potential risks for both buyers and sellers such as Sellers must comply with full disclosure requirements and strangers wanting to view your home. Buyers may not know what the seller is required to disclose, the current mortgage status (can the seller actually close?), and what are properties in the area really selling for.

Be sure check out Common Selling Mistakes...

In some cases, people think the best idea may be to sell their home themselves. Here is a list of just some of the basics that as your listing agent I will do. You should give consideration to how you will accomplish all this. Saving money on real estate commissions can cost you a fortune in lost time and lost money for your home. Here are just a few things to consider: