Selling a home can be intimidating, especially if you’re doing it without the help of a real estate agent. But with Zillow For Sale By Owner, you can list your home on the popular real estate website without paying hefty agent fees. However, you might be wondering about the Zillow For Sale By Owner Fees that come with using the platform. In this article, we’ll cover everything you need to know about Zillow For Sale By Owner Fees so you can make an informed decision about using the platform.
What is Zillow For Sale By Owner?
Before diving into Zillow For Sale By Owner Fees, let’s first go over the platform. Zillow For Sale By Owner is a service that allows homeowners to list their homes on Zillow without the help of a real estate agent. By using this service, homeowners can save thousands of dollars in agent fees.
How much does Zillow For Sale By Owner cost?
Now, onto the main question – how much does Zillow For Sale By Owner cost? It depends on the package you choose. Zillow offers three different packages for homeowners looking to sell their homes:
- Basic Package: The Basic Package is free and allows you to list your home on Zillow for up to seven days.
- Standard Package: The Standard Package costs $29.99 and allows you to list your home on Zillow for up to three months. With this package, you can add up to 10 photos of your home and include a description.
- Premium Package: The Premium Package costs $69.99 and allows you to list your home on Zillow for six months. With this package, you can add up to 30 photos and include a virtual tour of your home.
It’s important to note that while these packages may seem affordable, they do not include any additional services such as professional photography, staging, or marketing. You’ll have to take care of those things on your own.
What additional fees should I expect?
While the packages themselves have set fees, there are additional fees you should be aware of when using Zillow For Sale By Owner. These fees include the following:
- State and local taxes: Depending on your state, you may be required to pay state and local taxes on the Zillow For Sale By Owner fees.
- Transaction fees: When you sell your home through Zillow For Sale By Owner, you must pay a transaction fee. This fee varies depending on your state but can range from 0.5% to 3% of the sale price.
- Closing costs: As with any home sale, you must pay closing costs. These costs typically include title insurance, escrow, and attorney fees.
make sure to factor in these additional fees when deciding whether or not to use Zillow FSBO.
How does Zillow For Sale By Owner compare to using a real estate agent?
While Zillow For Sale By Owner can save you money on agent fees, it’s important to consider the other services a real estate agent provides. Some of the benefits of using a real estate agent include:
- Professional photography and staging
- Marketing and advertising
- Pricing guidance and home value estimates
- Negotiation skills
Additionally, a real estate agent can help you navigate the complicated home-selling process, which can be especially beneficial for first-time sellers.
- How do I list my house on Zillow For Sale By Owner? Do I have to pay upfront for Zillow For Sale By Owner Fees? Yes, you have to pay for the package you choose upfront, but you can cancel or downgrade your package at any time.
- Can I still use a real estate agent if I list my home on Zillow For Sale By Owner? You can still use a real estate agent if you list your home on Zillow For Sale By Owner. However, if you sell your home through an agent, you’ll still have to pay their fees in addition to the Zillow For Sale By Owner fees.
- To list your home on Zillow FSBO, you must create an account on the Zillow website and follow the prompts to create your listing. You’ll need to provide information about your home, including the number of bathrooms, bedrooms and square footage, and location.
Zillow FSBO can be an affordable and convenient option for homeowners looking to sell their homes without the help of a Realtor. However, it’s important to understand the Zillow For sale by owner fees and additional fees for selling a home. It’s also important to consider whether the benefits of using a real estate agent outweigh the cost of their fees. Ultimately, the decision to use Zillow For Sale By Owner or a real estate agent is a personal one that depends on your individual needs and circumstances.