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Some people don't feel comfortable buying from someone who doesn't do this for a living.
The real estate people know how to wrap the deal up. You will be in charge of all that.
It may take a lot longer.
The pros are:
You can find out what people like or dislike about your house.
www.forsalebyowner.com I think was a website to help you, but you may want to do a search for one in your city.
I hope this helps.
I also am a mortgage Banker, and have a few tid bits of advice as far as the mortgage end goes.
You will need to find a title company on your own to do the closing. They all charge different fees so shop around for those as well.
Also, make sure you get a mortgage pre-approval from the purchaser. There is nothing worse than getting to the day of the closing and the person buying the house can't secure any financing.
Just a few suggestions. If you have any more questions e-mail me at [email protected]