Without an agent, you’ll speak directly with the homeowner. This can be a double-edged sword:
You get firsthand stories about the neighborhood, the neighbors, and the home's history. buying a house for sale by owner
Owners often have an emotional attachment that can lead to an inflated asking price. You'll need to do your own Comparative Market Analysis (CMA) using sites like Zillow or Redfin to ensure the price is fair. The Paperwork: Protecting Yourself Without an agent, you’ll speak directly with the homeowner