We have all seen them. Funky signs in the front yard, maybe a home-made flyer in an info tube... that is usually filled with water and illegible.
Sometimes the homes actually show well from the street. Sometimes they don't. But still they try... FSBO'ing it.
Here's a great example. Now... for once... this home looks pretty nice from the street. But... there it is... the good ol' dependable hand-written with black magic marker... the yellow cardboard FSBO "For Sale" sign.
Why do they do this ? I have found many reasons why... but the typical one is price. It really does not matter what kind of comparable sales a prospective listing agent shows the seller. They must, of course, all be wrong... because they are all much lower than the seller just KNOWS they can sell their house for.
When it all boils down to price... and the seller is adamant... I usually go into my "if you were the appraiser, with your job on the line, and YOU had to PROVE a sales price... and these current comparables were what you were forced to work with... which three of THESE... would you bet your appraisal job and license on ?
My Dear Active Rain Listing Agents... what are the typical reasons that sellers in your area use... to try and sell by owner ?
And... if their main reason is price... and they complain that you want to price it too low... regardless of the comparable closed sales that you show them... and regardless of what the "up for sale currently" homes are priced at... what else do YOU do... to try and show them where their pricing needs to be ?
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