FSBO

Dated: 05/01/2014

Views: 1342

When dealing with for sale by owners the number one reason that most for sale by owners go that direction is to net the most money from the sell of their property.  However, statistically most for sale by owner properties sale for 10-18% lower than they could have if they had been listed by a Real Estate professional.  Most fsbo are concerned with the commissions they have to pay out to a Real Estate professional but, in reality most of the time this is a cost that is not even a factor in the scope of the net that FSBO will receive it they hire a Real estate professional.  
A Realtor that has a good marketing plan and the expertise to price the property correctly can usually cut the time on market and get a higher contract price than the average For Sale By Owner.  Plus as a Realtor we have access to the MLS system multiple web sites at no cost to the FSBO plus any and all the other expertise that a qualified Real Estate professional would have.  With the understanding that not all Realtors are created equal it is important that each individual owner do their do dilagince in looking and hiring a Realtor.  
With my free web sites that I offer FSBO's they can receive greater exposure for their properties and I offer these for free to them.  9% of the current make is involved in the FSBO status and as a Professional Realtor we should help them realize what they are missing.  

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