762 Main Street South Portland, ME 04106
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For Sale By Owner Advantage or Disadvantage?
People often believe that when a person sells a property on their own, they will save the commission. Of course the common belief a buyer has is that they will also save because no commission is being paid. In a hot market it is very possible for a seller to sell a property on their owner and save some money. Your only risk is complying with State Laws that apply to any and all Real Estate being sold, along with understanding the Disclosures/ Contracts/ Financing/ Inspection/ Title/ and Closing aspects as well.
Even when the FOR SALE BY OWNER has the time and some understanding of the selling process, the face to face negotiations with a buyer is a very stressful situation. If saving money is the only reason you want to do it on your own, then know one simple fact - listed properties will sell for a higher price then For Sale by Owner properties.
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Regency Realty Group
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