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Health & Fitness

For Sale By Owner???

I see a lot of “For Sale By Owner” signs popping up.  That is a good sign. With the limited inventory currently on the market, we need all the homes we can get.  Statistics show us that over 90% of FSBO ’s end up listing their home with a professional.  Why is this?  For one, it looks very easy.  I mean c’mon all you do is stick a sign in the front yard, right?  That is usually what most people’s perception of a Realtor is.  Sadly sometimes it’s true,  but not all the time.

There is a small portion of people who do end up selling their home on their own.  Kudo’s to them,  I mean why pay for a service that you don’t need, right?  However the vast majority of FSBO’s are not going to be able to get to the closing table on their own.  It can be a long and grueling process, and if it’s not something you do every day you can make some costly mistakes. Top agents have the ability to make it look really easy and, sometimes it is. Then there’s the other 90%.  Okay it’s not 90%, but it isn’t as easy as it looks.

The problem most FSBO’s have is they don’t realize that nearly all real “buyers” are currently working with an agent.  You see it doesn’t cost a buyer any money to work with an agent.  All commission  money is paid from the seller.  Think about the different buyers out there.  If it’s someone who has sold their house and has a limited amount of time to find a new one, are they driving around looking at FSBO’s?  Of course not.  They need a home, and they need one fast.  What about the “first time home buyer?”  They are usually very cautious and don’t have the knowledge to navigate a sale on their own.  This leaves 2 other categories.  The “Investor” who offers you 30 cents on the dollar,  but it’s cash(those signs crack me up).  Or the “Lookie Lou” who isn’t serious,  probably can’t get a mortgage, and no agent takes them serious, so they wander around preying on FSBO’s.

This isn’t a sales pitch cough cough lol!  But the numbers don’t lie.  Most FSBO’s end up listing their home with a Realtor.  So if you currently have one of those For Sale By Owner signs from Home Depot in your yard and have 100 Craigslist post out there stop it and call me!  I will sell your house for more than you will get on your own.  I promise.

If you are thinking about selling your home…..buying a home…..investing in real estate…...or starting a career in real estate contact me today I would love to help!


Chris Taylor 
Keller Williams
586.524.1095 
Chris.taylor@kw.com
Www.christaylor.kwrealty.com

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