Should You Try To Sell Your Tampa Bay Home ‘For Sale By Owner’?

Should you try to sell your home “For Sale By Owner” is the question of the day. We do understand the pull. The typical estimate from real estate agents’ fees and closing costs around the country can reach as high as 10 percent sometimes. Around half of that is agents fees. So, we can understand the allure, but the money saved is almost never worth it. Not even financially.

To sell your home “For Sale By Owner” you’ll need to spend every evening and weekend working on it. Typically sellers find all their spare time exhausted just by keeping the home staged properly. That’s not including the time investment of marketing, showing and following up with prospective buyers. If you work, you’ll need to skip some work to co-ordinate open houses. Plus, you’ll need to familiarize yourself with all the legal standards.

Plus, you’ll need to get an accurate price and know when to adjust it. Professional realtors know the market and watch it every day. Without an accurate market price, you could easily lose the money you think you’d save by leaving a realtor out of the mix just in inaccurate home valuation. Generally, people who sell their homes on their own use an automated valuation service. Those are incredibly inaccurate and you could end up selling fast but leaving many thousands of dollars on the table or risk selling it too slowly and then having people lose interest entirely.

Do you trust your knowledge of the market and your own diplomacy and negotiation skills with several thousands of dollars? Top real estate agents like Real Estate Firm of Florida, INC. know how to negotiate on issues that most homeowners wouldn’t even consider. This can save the seller thousands alone. Though it may seem like the realtor is taking a huge cut of the sale of the home, real estate agents know-how and skill generally can bring in so much more money than someone selling their own home that it easily covers the agent fees.


If you’re interested in selling a Tampa Bay area home, please contact us for more information about listing your home. Check out our helpful article describing the process and how to decide if it’s the right time to sell.


If you’re thinking about buying a home in Tampa Bay, do a quick online search or check out our:

Our experienced agents know the area and would love to find you the perfect home in the Tampa Bay or any of the surrounding areas.  When you’re ready, call us at 813-961-6000, or contact us online. We handle real estate in Hillsborough County (the Tampa – St. Petersburg – Clearwater metropolitan area), real estate in Pasco County (Port Richey, New Port Richey, Dade City, Zephyrhills and San Antonio), and real estate in Pinellas County (Tampa – St. Petersburg metropolitan area.) We’ll help you find the right home for your needs!