You keep up to $18,000 of your money
Hiring ByOwner is different than working with a traditional real estate agent
ByOwner agents are NOT commissioned, saving you over 70% in listing fees.
Plus, we provide more services than most traditional agents...
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Professional Photography
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World Wide Marketing
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Social Media Marketing: Facebook, Twitter, YouTube
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Closing Coordination
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Monthly Market Updates
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Licensed Professional Assistance
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Coordinating Of Showings
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Contract Negotiation
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Brochures
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Your Home on
MLS, Trulia, Realtor.com, Zillow
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Much More
"The ByOwner Way" – Flat Fee Listing Commissions as low as $99.
How real estate commissions work with byowner
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ARE A FIXED FLAT FEE
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SELF SERVICE AS LOW AS $99
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Set By You Not The Agent.
What makes us stand out?
Why Sell By Owner?
Selling your home with ByOwner is simple and cost-effective. Unlike traditional brokers who charge 6% commission, ByOwner offers the same marketing exposure for a flat fee. This means you save thousands. For example, on an average $260,000 home, you could keep an extra $15,600.
With ByOwner, your home is listed on the same platforms as traditional brokers (MLS, Zillow, Realtor.com, etc.), and you'll have access to yard signs, custom flyers, and local real estate contracts. Plus, we provide live customer support, ensuring you're never alone in the process. Reach your local market and beyond, all without paying high commission fees.
How Do Real Estate Commissions Work?
When homes are sold through real estate agents, the commission is typically split between two offices: one representing the seller and one representing the buyer. Sellers usually cover both commissions, which average around 6% of the sale price nationwide.
For example, if a home sells for $300,000, the total commission would be $18,000, with 3% ($9,000) going to the listing agent and 3% ($9,000) to the buyer’s agent.
Should I Work with Local Buyer Agents if Selling By Owner?
The answer is… you can, but you don't have to! To sell quickly and still save on high commission fees, it might be advantageous to offer only a reduced commission to buyer agents. This keeps your home competitive with others on the market. Remember, when you list with ByOwner, you can choose whether to offer a fee to buyer agents, ensuring they get paid if their buyer closes on your home. However, many sellers still sell without involving a buyer agent, paying only the flat listing fee and no additional commission.
Do I Have to Offer a 3% Fee to a Buyer’s Agent?
No, you don’t! Commissions are negotiable, and it's illegal to require a fixed commission rate in the U.S. MLS systems don't mandate a specific fee, so with ByOwner, you decide what to offer. Many sellers choose to offer 1.1%, 2%, or 2.5%. And if you find a buyer without another broker involved, you won't pay any buyer’s agent fee at all.
Hiring ByOwner is very different than working with a traditional real estate agent, with a ByOwner agent you can save over 70% in listing fees.