The pandemic did little to slow the boost in home prices. In November 2023, the mean home sale was $387,600,000, up 4% from the previous year, according to the National Association of Realtors.

In an effort to conserve on representative fees, some sellers have taken the "for sale by owner," or FSBO route. FSBO homes may be more affordable for potential buyers but the process can come with its own distinct set of obstacles. Let's speak about them.

Why Do Some Sellers Choose FSBO?

There isn't one set amount that sellers are required to pay their genuine estate agent, the National Association of Realtors ® states