Comments on: How to Sell your House For Sale By Owner (FSBO) in 3 Months for Almost Nothing

By: Cal Phillips

Cal Phillips — Tue, 01 Jun 2010 05:08:34 +0000

Great List! If many sellers knew this, most would not be leaving $$ on the table, retaining the optimum value the home should sell for.

By: G.E. Miller

G.E. Miller — Thu, 13 May 2010 22:21:01 +0000

@ ty – you have to have some sort of marketing skills to make it work. If not, look to a pro.

By: ty

ty — Thu, 13 May 2010 03:52:30 +0000

Realtors can be your best friend as long as they are performing the marketing task they said they would. I am an agent myself and I will tell you I never take any of my buyers to FSBO. I am a Profession who went to college and passed my state boards exam to obtain a License as a Professional Realtor. Put it in this aspect, Professionals work with professionals. You wouldn’t act as your own doctor, or as your own attorney so why would you treat your home any different. Plus when I talk to FSBO they usually spent thousands of dollars marketing thier own home with little success. All I ask from FSBO is keep your spending low because after you are frustrated and upset from so much work and no sale, you will list with an agent. Cheers

By: Deborah Lerman

Deborah Lerman — Wed, 31 Mar 2010 19:48:20 +0000

I recently tried to sell my NYC apartment on my own and quickly learned that the NYC market does NOT work the same way as the rest of the country. I had a very hard time getting buyers to my Open Houses, even though I posted ads on the New York Times web site and a few others. Most of the attendees were actually brokers looking to handle my sale. After several weeks of no real nibbles, I signed with one of those brokers, and he had me in contract two weeks later. He finally shared with me that the big three brokers in town have an agreement not to bring their buyers to FSBO listings, and almost everyone who buys in NYC works with one of those brokers. So seller beware in NYC.

By: Steve

Steve — Sat, 06 Feb 2010 15:14:07 +0000

I am considering putting my house up for sale. The information you provided was helpful, but mostly common sense. The questions i have are, what all paperwork is involved and needed in order to sell? That’s where i get lost, not knowing what i need in legal documentation in order to complete the transaction. Any help you can provide would be greatly appreciated.

By: David

David — Mon, 04 May 2009 16:40:39 +0000

Good post. Informative and finally someone who doesn’t beat around the bush that FSBO can and has been done.
Of course, the most important thing has to be EXPOSURE. A seller needs to get their home in front of as many people and/or websites as possible, put as many pictures out there as possible and to write compelling ad copy for those who want to read.
Doing homework on the paperwork is the last thing that will assure success.
Good work, keep it up.

By: Kristin

Kristin — Wed, 29 Apr 2009 05:03:37 +0000

This is good, basic information for starting a FSBO. There’s one big missing point here — pricing! It’s one of the toughest and most important things to get right when selling on your own. It will take some research and may be some legwork to asses a price but it’s worth it to get a quick sale.

By: William Morris

William Morris — Tue, 07 Apr 2009 12:26:14 +0000

The suggestions are common sense. I have been a broker for over 20 years and can attest to the fact that most reale state agents are shady. However, most homes are sold via the MLS system in their state and sold by real estate brokers. Cheap is cheap; trying to save money by selling your own home usually cost the home owner money. There are many intangible and tangible benefits to using a broker. Live and learn.

By: Waterfront Real Estate USA

Waterfront Real Estate USA — Sat, 04 Apr 2009 14:20:51 +0000

Again as has been said earlier ojn not all Realtors are shady. There are still a few good ones around out there but it pays for folks in all walks of life just to make sure that they take care and if something is that important then never do anything without proper due diligence.

By: Yira

Yira — Tue, 24 Feb 2009 17:11:35 +0000

This is helpful information. I am determined to try selling my own house. I often worry about the price of my house. I guess that’s where the appraisal comes in. I’m a little nervous about doing this but I have to at least try. Thanks for the ideas.