Hello Everyone,
I have been helping Spokane For sale by owners (FSBO's) for about 7 years now and I watch many people try and sell their homes. During the big rise in real estate nationwide many Realtors started FSBO companies and told people they could do it so that later they could list their homes after it didn't work.
Some of them sold in the hot market but many didn't. I know because I listed many of them. The largest portion of my business came from Spokane for sale by owners. But now the market has changed. Our inventory is way higher than it has been in 5 years and there are many more homes to choose from. With prices coming down and expired homes overflowing. The bottom line is Spokane FSBO's are not selling and even many Spokane homes who hired a Realtor are not selling.
It's simple really to understand. When the market is great and their is less inventory as it was for the last 3 years then for sale by owners have a chance at selling about an 18% chance that is. But when the market has a lot of inventory and the market is slow this is the worst market for trying to sell for sale by owner. As a matter of fact just hiring a Realtor is not enough in this market, you have to hire the best marketing Realtors just to get your homes sold.
Result, Spokane for sale by owners need to look at the simple facts and stop wasting time. The days of saving a few bucks on commission are over and if you want to sell your home you need to find an agent that makes your home stand out. Call us if you want us to show you specifiacally what we do to get our homes sold over fair market value in about half the time in a market where homes are not even selling at market value.
Comments(4)