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MY RESPONSE TO"Six Tips on For Sale By" Owner Open House. MUST READ!!!!!

By
Real Estate Agent with Heather Roda Broker

 RESPONSE TO SIX TIPS :

    I have received so many blogs many are just supportive but more times they are contained with question. I responded to some privately, but it started to take a lot of time and a lot of the questions were similar. First off I live in California so my laws and rules may be different than yours, always check with your broker or someone in charge. QUESTION:  Everyone kept asking if the FSBO would be loyal and honor our agreement? For me I trust my instinct, If they took that one buyer It was only one day out of my life. You can have a signed agreement between the two of you for the day, my thought on that is, I'm trying to get a client, the best way to do that is with trust. Remember when a handshake meant something?Please No Blogs on how in theses times we always need paperwork. I will have it, once I have a client.I think you can walk into a FSBO and within a few minutes get to know the people and know if they are people whom you can work with. For me and this may not be your style, I like to have a trusting bond it makes for a much smoother transaction.

    The other big question was "will the buyer be confused on who I represent?"ANSWER: NO I will introduce myself As Lisa Long, holding an OH for XYZ who is FSBO. if they question it I will tell them it is part of my service I like to have my name out in the community and I home to meet some new clients. I always ask if they are working with an agent and how soon do they need to find a home.

 original Blog Below:

I will be holding an open house for a home owner over the holiday weekend. She was unsure and wanted to know, whyI would do this when the house was a FSBO?

Why would I spend my time and money when I don't even have the listing?

I said "you are cooperating with agents aren't you?" when she said yes, I said great. Then I can help you and to be honest you are helping me too. I would love to bring you a buyer! We talked a little bit about what I wanted her to do to show her house, small repairs, staging things like that, then I went on to tell her some on the things I will be doing for her:

 

I will be running one ad

Open house signs

Virtual Tour

Website exposure: my site www.centralcaliving.com,craigs list, active rain, etc....

Fliers for when the open house is over

loaner flier box if they want one

Theses are just some of the services I offer

 I always want to become their agent and I always feel like if I do my job well the FSBO will see the VALUE in having an agent. I haven't mentioned the mountain of paperwork I will do for them as their agent , but that's another story.

Comments (2)

Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Lisa

I live in California as well - not all that far from Paso Robles.  With FSBO statistics being what they are ... it makes perfect sense for agents to be offering as much service as possible to help a FSBO. I believe most FSBO's simply do not understand all that goes into selling a home. A FSBO may succeed in finding someone who wants to buy their home ...dealing with the inspections, contracts and closing the transaction is something else which is why so many FSBO's end up listing with a Realtor.

 

Aug 10, 2008 04:37 AM
Vickie Nagy
Coldwell Banker Residential Real Estate - Palm Springs, CA
Vickie Jean the Palm Springs Condo Queen

Hey, whatever it takes to get the relationship. An added benefit here is that you can actually pick up some buyers.

Giving feedback to the seller could get you a listing.

Aug 10, 2008 04:39 AM