When individuals chose to sell their property they either contact an agent or propagate themselves. When the owner decides to handle everything single handedly, the costs or commission that an agent demands is nullified.
Propaganda via internet or newspaper helps acquire multiple responses. You can find out the appropriate price of your land or apartment either from the internet or by collecting information about other properties similar to yours.
When both the buyer and the seller decide to work for a property on their own the expenses are highly reduced. If the buyer opts for an agent, the owner may or may not pay the agent depending on his own will. No agent can enforce the owner to pay commission. In such a situation, the buyer will have to pay all the commission that the agent demands.
If one is not well equipped with knowledge about properties, then it is advisable to first research and find out the righteous costs and then exhibit the value.
A definite way of increasing sale price is providing warranties. Home warranties reduce the concern that a buyer may have regarding the quality of land they are investing into. This gives them an assurance that their decision is unmistaken.
The concept of FSBO is highly rewarding as there is no involvement of a third party. The sole beneficiaries are the owner and the buyer.
-Ari Bakshi
www.corporatestaysolutions.co.in
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