- FSBO’s info posted is subsequently sold back to thousands of realtors who will not stop bombarding you.
- FSBO sales are only 8% of total home sales. – Source NAR
- On average, FSBO sell 18% less than homes professionally marketed and advertised. – Source NAR
- Buyers know you’re not paying commission, and buyers will be deducting because of that.
- Buyers will pay more knowing you’re paying a commission and appreciate making the home traditionally available to them.
- Most realtors don’t show FSBOs / unsecured properties (meaning there is nothing in writing what you are offering to sell the home), slamming windows of opportunity dramatically.
- Marketed properties offer compensation to realtors who represent buyers, incentivizing them to show and sell the property, and dramatically enlarging the buyer pool.
- Buyers use MLS-driven searches only and can’t even see FSBO.
- FSBO offering money to buyers agents who solely work against you and in the buyer’s best interest.
- FSBO also then have to negotiate with a buyer who wants the best deal, home inspection companies that work for the buyer, and almost always find some problems with the property, and the appraiser if there is a question of value.
- Marketing correctly creates urgency; they know everyone can see it and can’t risk losing it or losing it yet AGAIN!
- FSBO Don’t Get Full Market Effect – Like a car lot, when someone buys a car and drives it off the lot, they are losing money on the vehicle. Just like a blue book value for a private seller.
- Inviting strangers into your home can be a risky business.
- FSBOs are targeted by barging shoppers.
- Time-consuming and a full-time job to sell a home.
- Time wasted does cost money, taxes, mortgage interest, insurance, more wear, and tear.
- FSBOs can’t guarantee they will get the highest, and the best offer possible vs. on-market properties are guaranteed the highest and best because everyone in the general public gets to see it with a click of a button.
Learn more @
Realtor Robert R. Erney
[email protected]
Mobile: 440-384-7773
Call, text, or email anytime!