Savvy Sellers Know: Realtors Save Time + Money

Selling your home is a major financial decision, and the way you approach it can have a significant impact on your final sale price. Real estate statistics show that working with a licensed agent typically results in higher profits and fewer risks compared to selling "For Sale By Owner" (FSBO).

According to the National Association of Realtors (NAR), the median sale price for homes sold with a real estate agent in 2023 was $318,000, compared to $260,000 for FSBO properties—an impressive 22% higher. Realtors have access to the MLS (Multiple Listing Service), which significantly increases your home’s visibility to other agents and qualified buyers. They also have professional networks of contractors, stagers, and real estate photographers who can help get your home ready, often resulting in a quicker, more profitable sale. They use their expertise to price your home correctly, market it effectively, and negotiate the best deal, often bringing higher offers and attracting a wider pool of buyers.

One of the biggest risks of selling FSBO is the potential for legal and financial pitfalls. Realtors are trained to handle the complex paperwork, contracts, and regulations that come with selling a home. A missed signature, overlooked detail, failure to disclose an issue, or non-compliance with local regulations can result in costly delays, reduced leverage, terminated transactions, or even lawsuits. And real estate agents  typically carry insurance to protect both themselves and their clients from errors and omissions.

In contrast, FSBO sellers are responsible for all these tasks, and without the guidance of an expert, they are more likely to make mistakes that could cost them in the long run. In fact, NAR research shows that nearly 30% of FSBO sellers report facing complications in the sale process, with many citing difficulties in paperwork and negotiating legal terms.

THE TAKEAWAY

While it may seem tempting to save on agent commissions by selling on your own, the data clearly show that homes listed with a Realtor typically sell for more money and with fewer risks & headaches. Whether it’s getting the best price, avoiding legal pitfalls, or leveraging marketing tools, working with a licensed Realtor is an investment in your financial security and peace of mind.