As home prices have risen, so have broker commissions. Thus, many home sellers are deciding to go the do-it-yourself route. There’s an informative article on CNN with some tips for those who want to avoid spending thousands of dollars unnecessarily.
The big question is of course whether the commission savings are higher than the savings one might get my having a broker fight hard for a good price, if they in fact do that. Needless to say, selling your own home would be a lot of work if you wanted to do it right.
Instead of selling a home, I’m selling books online (most of which readers here will not be interested). I’m up to almost $100 in sales after Amazon fees.
Updated February 6, 2012 and originally published August 29, 2005. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.