So you have decided to sell your home the For Sale By Owner (FSBO) way. It is just a matter of how well you can apply your strategies so home buyers can consider your property as one of their prospects. You might still have to wrestle with your own conflicting wishes or make compromises with your spouse or partner, but that’s different; you know your spouse or partner far better than a random real estate agent.
At some point, it may cross your mind that real estate agents may not be able to secure your best interests. The best way to find cheap houses for sale by owner is to consult For Sale By Owner listings (FSBO listings). How an agent can help: A real estate agent will provide an accurate home value based on a comprehensive market analysis to help you arrive at the right listing price.
The Freakonomics guys debunked this by comparing how much a Realtor sells a client’s house for vs. how much they sell their own. We found in Casa by Owner not only amazing Realtor but an amazing long time friend. Sellers know that their homes must be in prime condition in order to attract buyers and generally will ensure that their properties more than pass inspection.
As you weigh your options, remember that the selling price isn’t the only marker of negotiating success. 100% of FSBO’s want to sell, not 100% are reasonable with their expectations of what the market can do for them. You’ll also be competing with thousands of other local sellers, most of whom are working with experienced agents who are pricing and marketing their homes aggressively — on Zillow and hundreds of other real estate sites.
That figure is actually down somewhat from the nationwide peak, which occurred in 1987, when some 20 percent of all homes in the U.S. were sold by their owners. Often the real estate agent will stand at the front of a house to make sure buyers receive details of their agency.