What are the fees of using a real estate agent?
Agents in Northwest Indiana charge 6-8% commissions. That is up to $12,000 on a $150,000 house.
These fees of doing things the “old way” make it tough to get a fair price for your house.
Additionally, a buyer will ask for closing costs. This is money that YOU PAY to help the traditional buyer qualify for financing. Traditional buyers also complete a house inspection where they will ask you to make repairs to the house. This can add up to thousands on an older home.
The “old way” also requires seller’s closing costs.