Probably the most established method of getting the full fair market price for your house is by simply listing your home using a licensed realtor.  A realtor will advertise your property on the Multiple listing service which is where 90% of individuals go to search for a home to purchase. Real estate agents also have experience with pricing and marketing homes to sell. Of course certain real estate agents are much, much better than others, and it’s really critical to choose the right one – specifically one who has EXTENSIVE working experience. Choosing an agent is a lot like choosing an insurance plan. Whenever stuff goes awry (which is certainly typical in real estate) having the right one will save 1000′s or even tens of thousands of dollars.

The drawback to listing your home with a realtor is the sales commission (6% of the sales price) as well as the time that it takes to sell conventionally. Furthermore, while the REALTOR is listing your home, you must keep paying the mortgage, taxes, insurance, utilities, etc. as well as keep the home looking good for potential buyers.  For most people, who have equity in the home, this is often still their best choice, however, it is only one of the many options and strategies available.