If you know your home will be easy to sell and you want to avoid paying that commission, you can sell your home by-owner. Instead of paying a real estate agent to list, stage, and advertise your home, you’ll do that all on your own.
Well staged homes will generally fetch much more, as buyers are easily able to see themselves in a home that’s made to look welcoming. It may be worthwhile to stage your home. You can hire a professional staging company or paint and decorate on your own to save a few bucks.
You’ll have to pay for listing and advertisement, and you’ll have to perform the actual work of showing the home, but it won’t be nearly as much as realtor commission. You may want to consider springing for a home appraisal to help you price your home.
In Utah, this will set you back about $450, but that’s a modest price to pay when you consider how much you’ll save. Homes for sale by owner can take about a year to sell, so this option is great for people who are in no rush. Selling your own by owner can take up to a year, but you won’t have to pay commission. This is a longer process, but if you have the time to wait, it could be worth it.