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These homes are built after 2005 and of course require less maintenance
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Too Many People to Deal With
The buyer who wants the best deal possible
The buyer’s agent who solely represents the best interest of the buyer
The buyers attorney or title company
The home inspection companies which work for the buyer and will almost always find some problems with the house
The appraiser if there is a question of value
Your bank in the case of a short sale
92% of buyers search online for a home. 28% looking at print newspaper ads. Most real estate agents have an internet strategy to promote the sale of your home. FSBO probably not
Results from the Internet
Where do buyers find the home they actually purchased?
43% on the internet
9% from a yard sign
1% from newspapers
The days of just putting up a sign and putting it in the paper are long gone. Having a strong internet strategy is crucial.
FSBO is More Difficult
Paperwork involved in selling and buying a home has increased dramatically due to mandatory disclosures and regulations. Percentage of FSBO Sales has dropped from 19% to 9%.
Net More Money when Using an Agent
Homeowners believe that they will save the real estate commission by selling on their own. The seller and buyer can’t both save the commission.
A typical house sold FSBO sells for $184,000 while the typical house sold by an agent sells for $230,000. An agent can’t get $46,000 but people are more likely to FSBO in markets where prices are lower. However, it does show that selling on your own might not make sense.
Before you decide to take on the Massive Task of FSBO, meet with an Experienced Realtor in your marketplace and see what they have to offer.
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