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Why selling your home on your own generally doesn't succeed - reason #3

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Real Estate Agent

Why selling your home on your own generally doesn't succeed - reason #3

There are many reasons why selling FSBO is a difficult task to pull off. In reason #1, I discuss the wrong listing price. Reason #2 is lack of online exposure.

#3 - Buyers want your commission savings

One very important consideration that most people who try to sell on their own don't realize is that buyers understand you are not paying a Realtor to sell the home. These buyers tend to be bargain hunters and since the seller is not paying a commission will feel justified in offering less for the home.

Lots of for sale by owner sellers end up receiving low ball offers. Even if the home is priced right, the seller can end up with a lower number on the bottom line.

If you are thinking of selling your home in NW Wisconsin, I welcome the opportunity to be interviewed.

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Comments(3)

Christine Cumming SeaRealEstate.com
Real Estate Portfolio Acquisition - Santa Cruz, CA
California Real Estate and Business 831.588.7767

Often, someone looking at FSBO's is looking for a bargain and is usually a good negotiator.  

Dec 27, 2011 04:36 AM
Jean Hedren
Gordon, WI
Northwest Wisconsin

Christine. Good point. And sometimes sellers are not experienced negotiators.

Dec 27, 2011 04:44 AM
Barbara Altieri
Better Homes and Gardens RE Shore and Country Properties - Shelton, CT
REALTOR-Fairfield County CT Homes/Condos For Sale

Jean -- Absolutely right. The buyers will definitely knock off the commission if/when placing an offer which is the primary reason why a seller won't use a realtor.

Jan 09, 2012 12:51 PM