I am going to sell my property without an agent. This refrain is being heard more and more these days as the internet and the real estate market evolve beyond the real estate agent based transaction.

FSBO is an acronym that stands for For Sale By Owner. The advantages of selling as a FSBO are numerous. With real estate commissions of six percent, you’re looking to immediately save tens of thousands of dollars in commissions. If for some reason this doesn’t appeal to you, keep in mind that you can use the savings to lower the prices of similar homes in your area. This will quickly take your home off the market and allow you to get on with your life.

The key to selling your property is to be prepared. First, you should find out the property’s value by looking at comparables in your area or by trying an online appraisal service. Once you have the value in mind, you need to determine if it is acceptable. You also need to determine what you are really willing to accept as the sales price once the haggling is complete. Always make sure you know your bottom line and stick with it.

The next step is to list the property online on a FSBO site. More than 70 percent of home buyers now find their properties online because they realize there’s no need to drive endlessly looking for homes they may or may not be interested in. By going online, they can see what each home offers and then visit the appropriate property.

Given buyers’ use of the internet, it’s vital that you spend time uploading images with your listings. It will only generate interest if buyers can view the property. Every site allows you to upload digital photos and you should. Be careful to show as much of the property as possible so that you can generate leads that are genuinely interested in buying.

Sellers wonder if they are right in thinking they can sell their property without a real estate agent. With the Internet revolution, it’s easy to do it and save tons of money in commissions.