Chris M Johnson - Your Property Man
Lexington, KY
FSBO (pronounced fizz-bo), or For Sale By Owner, is a way of selling your home without the use of a professional real estate agent or broker. The idea behind FSBO is that by selling your home yourself, you save the approximate 6% that would be the agents’ commission.
6% may not sound like a lot, but it can add up, especially on more expensive homes. But before you run off and decide to sell your home FSBO, you must remember that to get a savings like that, there must be a cost. So what’s the catch? Selling FSBO is hard. A lot harder.
Only about 10% of sellers that decide to do FSBO are successful at it. And not all of them end up saving themselves money. FSBO sellers often end up accepting a lower price for their home than they would with an agent.
There are of course other issues as well. Can you afford to make selling your home your full-time job? Because for a lot of FSBO sellers, that’s exactly what it is. Do you have the time and capital to spend on the marketing, advertising, inspections, paperwork, phone calls, showings, and problems that come up when any home is sold?
Selling with a professional agent also has other advantages. An agent can get your home listed on the MLS (Multiple Listing Service) and other popular websites where not only homebuyers but also other agents can easily find it. Professional real estate agents also have an extensive network that allows them to more easily find a buyer.
So before you decide to sell your home yourself, thoughtfully consider just how much time and effort you can spare for selling your home, as well as how important it is that your home sell sooner rather than later.
Property Search
RSS Feed
Search Blog
Recent Blogs
Amenities Buyers Are Seeking For - Buyer know what they want: Homes
The Junk Drawer - The Junk Drawer by Stacey|
Golf Courses In Sebastian And Vero Beach -
Different Finance Option With Interest Rates Rising - Eager home buyers are employing
Our Bloggers
Alex Altaly - 8
Semion Androne - 7
Jerome Ball - 18
Surya Basava - 2
Gary Brown - 2
Edward Budnek - 3
Jason Crouch - 1
Susan Doyle - 3
Hossam Elsayed - 10
Torre Escott - 3
Tyler Finkler - 14
Jennifer Gonzalez - 7
Stacey Hawkins - 14
Kristen Heap - 2
Chris Johnson - 16
Denis Joseph - 2
Lori Kempton - 2
Rose Nassar - 4
Dennis and Laurie OBrien - 7
Candace Rebecchini - 34
Chris Russell - 154
Alison Segrest - 5
Christina Strickland - 11
Meredith Thomas - 2
Javaria Usmani - 1
Karin Waterschoot-Perez - 133
This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.
Click 'Save' to add a property to this list.New & returning visitors please enter your information to login.
This message will go directly to the head of our team.