Why For Sale By Owner Tent To Fail

Why For Sale By Owner Tent To Fail

While a lot of people think selling your own house will save a lot of money, it could actually delay the sale and create more stress. Consider these common reasons why For Sale By Owner (FSBO) properties typically fail, according to Inman.com

  1. Access limited:  you may miss out on a deal if you do not have anyone managing your listing, responding to calls and scheduling showings. If buyers can't tour your home in a timely manner, they may write an offer on the next house they see.

  2. Lack of Marketing: setting out a yard sign and a few online ads may not be enough to attract the right buyer. Experienced agents provide access to their network and professional marketing resources and automated system for getting your home in front of a lot more buyers than you ever would be able to get out on your own.

  3. Pricing: Rea Estate agent have spend considerable time on the market researching to determine a competitive price for your home. Without this expertise, you are likely to price your property based on what you want it to be worth, rather than its true market value. If you are priced to high you will be helping sell your neighbors house and not yours. Also you might leave money on the table if you price it to low. 


Karin Waterschoot-Perez Headshot
Author:
Phone: 614-774-1741
Dated: January 27th 2021
Views: 5
About Karin: Executive Vice President of Sales Experienced Realtor, Karin Waterschoot-Perez, currently serves ...

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