Depends on the market where you are selling.
All that said, buyowner.com charges a flat fee of $2500 or something around there plus you ABSOLUTELY must pay the buyer's agent 2-3% or more. This is law so if someone wants to buy your house and they have talked to an agent w/in the last 6 months you owe that agent the cut.
So a $200,000 home @ 3% would cost you $6000. Add the buyowner.com fee and you are at $8500.
Now, here is the hitch. If you sell it yourself you may set the price too low so you might sell for $200,000 instead of $220,000. If you factor in the cost explained above you actually come out ahead selling with an agent.
Having an agent will also open other doors like the ability to show your home while you are at work.
Case in point: My neighbor had the same exact unit as me, same layout, same purchase price years earlier, same parking conditions, etc.
Her husband gets laid off and they want to sell. Since he's able to be around all day they try to save money through buyowner.com.
They price the unit at $225,000 and sell for $218,000. They pay the other agent 3% and pay buy owner $2500. That nets them $208,960.
I list my unit 1 month later for $250,000 and sell for $244,500. I pay my agent 6% which nets me $229,830
You tell me who made out better?