By doing so, you’ll avoid a lot of extra fees — you’ll also have the freedom to do things on your terms – market, show, and sell your home to the right buyer for the right price.
A lot of autonomy comes with listing a home as for-sale-by-owner.
But here’s a question you might be wondering about…
Should you list your FSBO property on the MLS?
MLS stands for Multiple Listing Service and it’s the most popular place that traditional buyers (and buyer’s agents) look for listings. For that reason, most homes listed on the MLS sell faster and for more money than those that aren’t listed on the MLS.
Typically, your real estate agent would list your home for you… but if you’re a FSBO seller, then you’ll have to do it yourself.
The easiest method is to look for a flat-fee MLS service in Knoxville — these services will list your home on the local MLS for a fee (usually around $200).
However… this comes with a word of caution…
Not all homes sell well on the MLS — for the most part, MLS listings are meant to attract traditional home buyers looking for pristine-condition homes. If your house is in disrepair, is outdated, or needs to be cleaned, then you might end up wasting your money by listing on the MLS.
In that case, a better option would be to sell to a professional homebuyer like ourselves over at Sunrise Properties - We Buy Houses — we can make you a fair cash offer within 48 hours, purchase your home as-is, and close in as little as two weeks. Give us a call at 865-686-5494 to learn more!
Either way, good luck selling your home!