Colby Sambrotto, the founder of ForSalebyOwner.com, used a real estate agent to sell his Manhattan condo when he failed to sell it on his own after six months of trying. But the best part is that the agent convinced Mr. Sambrotto that he had underpriced his condo and got him to agree to raise his asking price. After multiple offers were submitted the condo closed for $150,000 more than his original asking price.
It is easier, faster and often more lucrative to use a real estate agent to sell your home. Sellers believe that they will save themselves the sales commission, but buyers expect that savings to be on their end and thus subtract roughly what they think the commission would be from their offer.
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