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If you're thinking of selling your home, you might be considering hiring a traditional real estate agent to handle the sale. However, many homeowners don't realize just how much equity they'll be giving away in commissions when they do so.
Typically, real estate agents charge a commission of around 5-6% of the sale price of the home. So, if you sell your home for $300,000, you could be looking at paying $15,000 to $18,000 in commissions.
That might not seem like a huge amount, but when you consider that this comes out of your equity in the home, it can be significant. For example, if you have $100,000 in equity in your home, selling it through a traditional real estate agent could mean giving away 15% or more of your hard-earned money.
Fortunately, there are alternatives to selling your home through a real estate agent. One option is to sell your home for sale by owner (FSBO). By doing so, you can save on commissions and keep more of your equity for yourself.
With myhomemysale, you can sell your home on your own, while still getting the support and guidance you need to navigate the process. We offer a range of services to help you market your home, find potential buyers, and complete the sale, all without the need for a real estate agent.
By selling your home for sale by owner with myhomemysale, you can keep more of your hard-earned equity and ensure that you get the most out of your sale. So why give away your money to a real estate agent when you don't have to?
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