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Your FSBO house isn't being blackballed...it's invisible to agents.
For Sale By Owner (FSBO) properties are very often targeted by investors who are looking for a "steal of a deal". Often, FSBOs have only a sign in the front yard and maybe a newspaper ad or flyer. Without the skill and marketing experience of a REALTOR®, they get very little attention from owner/occupant buyers. So when an investor comes knocking at their door, they are tempted to Sell at their rock bottom price.
I recently had an interaction with a FSBO seller who just wanted to complain about Realtors not showing her home for sale. She handed me a flyer, and as I glanced at it, I noticed that her price was already somewhat high for that sub-division. What she said was that Realtors were blackballing her listing. I don’t often hear that term in regards to selling real estate. I asked her why she thought that and she said that no agents were showing her home that had been on the market for several weeks. Are you offering a co-op to agents? No. She read on the internet that she didn’t have to do that. The agent’s buyers can pay their commission. While that may be the case in some areas, it’s not the standard of practice ... more
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