For Sale by Owner Center > Tools > For Sale by Owner
Savings Calcualtor
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For Sale by Owner Savings Calculator
Calculate Your Real Estate Commission Savings of Selling Your Own Home
FSBO.
Use this calculator to estimate your hourly return on time invested when selling
"For Sale by Owner". View results of you hourly rate, your out of pocket expenses and how much
time you will need during normal business hours and weekends, should
you do decide to sell your property
by owner.
For your convenience, we have entered estimates of the time it takes for a typical home seller to complete the tasks normally performed by most real estate agents
to sell your property. Feel free to adjust any of the figures as needed.
Step 1: Enter Your Sale Price and Real Estate Commission Percentage.
Step 2: Scroll down to review each task, average hours
and costs, making changes
as needed.
Step 3: Click "Calculate" to view results.
Bonus Calculation: You may also perform
an additional calculation of paying only a buyers agent commission if needed.
Questions regarding a field? Get help by clicking on the ? next to field.
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Step 1: Enter Your Property Details |
|
Sales Price / Home Value |
?
|
|
Real Estate Commission |
? |
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Step 2: Review Steps to Selling FSBO |
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A) Preparing to Sell You Home |
Estimate Time
|
Estimated Costs |
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Research Pricing Information and Determining Your Asking Price |
Hours ? |
$
? |
|
Self Education, Learning, Books, Forms and Supplies for Selling FSBO |
Hours ? |
$
? |
Research & Selection of Your Local Real Estate Support Team
Lender, Appraiser, Escrow, Title, Attorneys, Home Inspection, Termite, etc.
|
Hours ? |
|
|
B) Marketing Your Property |
|
Advertising (Newspapers, Magazines, Etc) |
Hours ? |
$
? |
|
For Sale Yard Signs |
Hours ? |
$
? |
|
Flyers |
Hours ? |
$
? |
|
Notifying
Co-workers, Friends and Neighbors of Your Home for Sale |
Hours ? |
$
? |
|
Open House Yard Signs |
Hours ? |
$
? |
|
Internet Advertsing
|
Hours ? |
$
? |
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Answering Phone Call Inquiries |
Hours ? |
|
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Answering Email Inquiries
|
Hours ? |
|
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Time Invested Holding
Open Houses (Assumes two 5 hour open houses) |
Hours ? |
|
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Showing / Viewing Appointments |
Hours ? |
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C) Negotiation |
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Negotiating Purchase Offer
|
Hours ? |
|
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Opening Escrow & Title |
Hours ? |
|
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Preparing Selling Disclosures |
Hours ? |
|
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D) Closing |
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Removing Escrow Contingencies and Follow Up |
Hours ? |
|
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Property Inpections |
Hours ? |
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Termite Inspections |
Hours ? |
|
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Follow Up Calls to Buyers, Lender, Escrow, Title, Etc. |
Hours ? |
|
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Buyers
Walk-Through Inspection |
Hours ? |
|
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Final Termite, Inspection, Walk-Through Repair Coordination |
Hours ? |
|
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Misc. Padding for Hours and Cost |
Hours ?
|
$
? |
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Step 3: Your Hourly Rate Report |
|
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Total of Real Estate Commissions Saved |
? |
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Total Out-Of-Pocket Costs |
? |
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Total Number of Hours You Will Invest |
Hours ? |
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Estimated Hours Invested Monday - Friday from 8:00am - 6:00pm |
Hours ? |
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Estimated Hours Your Will Need to Invest during Evenings and Weekends |
Hours ? |
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Your Gross Hourly Rate For Selling FSBO |
Per Hour ? |
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Net Hourly Income After Out of Pocket Expenses |
Per Hour ? |
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Bonus Calculation: What if you Offer a Buyers Agent Commission?
Calculate Net Hourly Assuming you Offer a Real Estate Commission to a Buyers
Agent |
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Commission Amount Offered to Buyers Agents |
? |
|
Total Commission Paid to Buyers Agent |
? |
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Remaining Savings of Selling FSBO (Includes out of pocket expenses) |
? |
|
Your Net Hourly Rate After Commissions and Expenses |
Per Hour ? |
|
|
|
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