Pros & Cons

The Risk of For Sale By Owner and Discount Brokerages

Virtually every person selling real estate stands to gain anywhere from tens of thousand of dollars to several hundred thousand dollars. Homeowners don't realize how much of a risk they are taking when they use a discount brokerage or sell their home on their own. Imagine a scenario where you sell your home on your own, and 3 years later the people who bought your home find mold inside one of the walls during a remodel. Can you be held liable?

What sort of precautions should you take if you are buying your home? Should you be using a real estate professional?

Yes!

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