The Hidden Dangers of FSBO: 7 Perils of For-Sale-By-Owner Transactions in 2024
Posted by Robert DeFalco on
Thinking about selling your Todt Hill mansion or your charming Tottenville colonial without a real estate agent? Hold up! While the idea of saving on commission fees through a for-sale-by-owner (FSBO) transaction might sound tempting, especially in Staten Island's competitive market, you might want to think twice. Here's a startling fact: FSBO homes typically sell for 26% less than agent-assisted sales. As a local who's seen the Staten Island market evolve, let me walk you through the seven most significant perils of FSBO transactions that could turn your dream sale into a nightmare.
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