Comments on: For Sale By Owner Alternative

By: laurie mindnich

laurie mindnich — Wed, 29 Aug 2007 12:30:06 +0000

Thanks, Ron. Some people truly are capable of selling their own properties; some try it, and decide that it just isn’t working for them. Either way, presentation is key, and to go it alone without understanding this aspect almost assures a frustrating experience.

By: Ron Williams

Ron Williams — Tue, 28 Aug 2007 22:39:47 +0000

I concur. I don’t feel that most FSBO’s have any idea how much work is involved, but I would rather they list with us after they have gotten the “coulda, shoulda” out of their system. Several of our most loyal clients had tried the FSBO route before coming to us.

By: laurie mindnich

laurie mindnich — Tue, 28 Aug 2007 10:15:44 +0000

Paula, while most might agree (and of course, I do) that marketing with the input of a real estate company provides more exposure, I’m seeing a number of people trying FSBO, but missing some elements that while obvious to real estate people, are less so for the consumer. Do I advise it? Only if, without attempting it, a seller will feel as though they “coulda, shoulda”. For those, I say, “go for it”, but make sure it’s well presented! It is definitely not for everyone- more work than most imagine.

By: Paula Henry

Paula Henry — Tue, 28 Aug 2007 05:15:23 +0000

Excellent advice for those who choose to go it alone! What appears to be an easy process usually ends up without a closing and the frustration is generally not worth the time and expense. I have found FSBO’s in Indianpolis who have traded many weekend open house for a few thousand dollars after 8 months on the market, while paying two mortgages. Some do achieve their goal and like you, if they want to try, go for it, but do it with professionalism.