Advice on listing as a For Sale By Owner

[Jessica Hood]

Hi there!  I am considering selling my property as For Sale By Owner.  I have never done it before, but I am very good with document processing, marketing, and learning new things.  I am a marketing consultant anyway.  It is definitely a seller's market here too.

What are the pros and cons of doing FSBO, besides the obvious money savings advantages and lack of professional hand holding?

Are there things I should know that maybe newbies learn the hard way?

Do you have any advice?

With it being a seller's market and there are pretty much NO houses for sale in my neighborhood/price range, do you agree it should be fairly easy to find buyers without MLS? Use social media, real estate websites, craigslist, etc instead of MLS? I do realize the benefit of MLS is huge.

Am I putting myself at major risk by not using a realtor?

Thanks!!