Is For Sale by Owner Right for You?

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You may also think about sites like Military For Sale by Owner, they market homes for sale and rent by owner near all U.S. Military Bases. With the military continuously on the move you may help improve your chances in getting your home sold or rented. http://militaryforsalebyowner.net

Rafael of IL 1:30AM May 25, 2012

You can download a free 100 page guide on how to sell your own home at www.ownerlistedhome.com

Robert Johnson of TX 6:29PM March 21, 2012

For Sale By Owner gets a bad rep but, depending on the sellers situation, FSBO can be the absolute best way to go, especially if you can get the property listed on a MLS.
http://www.hazelhomesva.com/about-us/testimonials/

fredericksburg va real estate of VA 6:54AM January 28, 2012

I have read so much material on this subject...and my verdict is do not sell your home yourself. These FSBO companies, do you know what they do best? I do, they market their "Save $$$$$'s" scams to anyone who is ignorant to how real estate really works..that's it..and that's them.
Your best bet is hiring an absolute pro agent in your area. He/she is your best choice out there. Here is an article that explains why.
http://www.sundaybell.com/classroom/fsbo-vs-realtor-why-realtors-always-wins/
And check out Sundaybell as well, I haven't used them yet but my neighbour did and he told me he has absolutely zero regrets.
Best, Tim

Tim of NY 3:34PM November 12, 2011

FSBO companies always advertise what they save you...but never tell you the truth on how much money you truly save.
- How many FSBO's use buyer agents?
- How many FSBO consumers pay fees and do not end up selling?
- Why do FSBO executives sell their fancy properties using a professional Realtor instead of their own companies?
- How many FSBO's use Realtors only for CMA's (Realtors not needed eh?)
- Will any FSBO record time spent by homeowners. This is an expense that never gets consideration...unless you like to work for free?
Anyways, I went the FSBO route a few times..and everytime I got burned by the marketing. They seem sub par and believe me...they are...never again.
I for one found a great service that brings them both together. Check out Sundaybell. I managed to interview agents online. They matched my needs, services and commission rates....and boom, I was matched. Never been happier..not I can forget about all the empty, misleading FSBO ads, use a pro and still keep my money in the bank too.
Best,
Tim

Tim 9:20AM November 08, 2011

Carefully consider contracts and addendums. This portion of the sale could keep the seller from paying a buyers agent fees.

Eugene of TN 7:12AM September 18, 2010

It's not that we clain to screen for criminals, the point is to not be alone with a complete stranger in your house. If a real estate agent is accompanying the prospect, the odds are they have the name, phone number, e-mail address, and possible a home address. In addition to that, appointments are usually made through a third party agency which allows for feedback and record of showing. A FSBO has none of these. Something else to consider is the owner is most likely going to only save 3% becuase the buyers agent needs his cut. There are pros and cons to both, but a FSBO limits his exposure to the market greatly.

Scott Faerber REALTOR of TX 1:12PM July 21, 2010

One obvious point is most qualified buyer's have a real estate agent because they don't have to pay the agent the seller does and they don't have the time or know how to do the legwork themselves. I tried selling FSBO a couple of times and the only response I got was from people needing owner financing. Also, buyers who are qualified are looking at by owner homes because they are looking for a steal and also trying to save the same 6%. So you wind up doing all the work yourself and netting the same or even less than if you use an agent.

Jami of MO 5:06PM February 04, 2010

Owners, investors and builders can place free property listings at www.infotube.net. The website is user friendly and has a lot of free tools and information for anyone selling a property.

Tommi of TX 12:27PM January 08, 2009

You don't have to pay 6%. It is not a law. Negotiate for a price you think is fair. In these current economic times, the broker or agent should be more willing to negotiate. Also, remember that some of them are the same agents that sold the houses to the people now in foreclosure. Ask them if they did that. If they hesitate or admit it, find another agent. By the way, when was the last time a real estate agent screened a buyer for a criminal record? Security concerns are a scare tactic.

of 7:41AM August 18, 2008