Sold Home In 1 week On Facebook!

Real Estate Technology with Virginia Beach

Ok realtors don't hate me - I am just trying to show the power of social media and social networking. 

for sale by owner

One of the managers here at New American Mortgage who put his house up for sale last Tuesday For Sale By Owner for $299,500.  He received a full price offer in 1 week by placing it on facebook

They sold the home to a friend of a friend who had seen the photos on Facebook and bought it! They are scheduled to close in 1 week!

So this is to all the skeptical out there....facebook and social networking WORKS! 




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Brenda Mullen
RE/MAX Access - Schertz, TX
Your San Antonio TX Real Estate Agent!!

I don't hate you but make that a members only post :o).  Just kidding.  Congratulations to your friend for selling his home so quickly!

Aug 28, 2009 07:57 AM #1
Donna Harris
Donna Homes, powered by JPAR - - Austin, TX
Realtor,Mediator,Ombudsman,Property Tax Arbitrator

That is crazy!  I would be scared to sell to a friend of a friend in case the house fell apart, but that's just amazing!

Aug 28, 2009 07:57 AM #2
Naoma Doriguzzi
Virginia Beach - Virginia Beach, VA
New Media Director

Full price offer too!  I thought it was a pretty cool story to tell!  You just never know....

Aug 28, 2009 08:01 AM #3
Loreena and Michael Yeo
3:16 team REALTY ~ Locally-owned Frisco TX Real Estate Co. - Frisco, TX
Real Estate Agents

No question that it works.

You know, when things go well, things go well. It's only when things go bad, we have a problem (with the sale) but I know the gist of your post is the power of social networking.

Aug 28, 2009 08:02 AM #4
Naoma Doriguzzi
Virginia Beach - Virginia Beach, VA
New Media Director

I know...I always suggest using a realtor in this kind of transaction!  But he wanted to try and sell it and it worked.  Like you said...not all transactions are that easy. 

Aug 28, 2009 08:06 AM #5
michelangelo vasco
mvp realty inc. - Manhattan, NY

I truly believe it is the exception not the rule, if you want the best chance to sell your home find a good real estate broker. There is a reason why most fisbo sellers end up listing with a broker

Aug 28, 2009 08:10 AM #6
Janna Scharf
Keller Williams Realty Coeur d'Alene - Coeur d'Alene, ID
Coeur d'Alene Idaho Real Estate Expert

Yes, I have had business success through Facebook too.  It's the blending of the business with a glimpse into your true personality that your FB "friends" come to trust you.

Aug 28, 2009 02:23 PM #7
John Cannata
214-728-0449 - Frisco, TX
Texas Home Mortgage - Purchase or Refinance

Wow, that is impressive. Congrats to the owners for such a quick response.

Aug 28, 2009 04:50 PM #8
Kevin Cavanaugh
Keller Williams Hudson Valley Realty - Tappan, NY
Lic. Associate Broker, ABR, GREEN

That just goes to show how important pricing is in getting your home sold. 

Aug 28, 2009 11:59 PM #9
Naoma Doriguzzi
Virginia Beach - Virginia Beach, VA
New Media Director

I think it was more of just marketing andhe happened to have have someone in his circle of friends that made it a perfect match! And...pricing just right!

Aug 29, 2009 12:15 AM #10
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

This reminds me of when I wanted to buy my old boss' old car.  He wouldn't do it.  Sort of like what Donna said!  If a friend wanted to buy my house, I'd make him sign so many disclosures! 

Aug 29, 2009 12:23 AM #11
Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Naoma  I don't hate you, but why would a loan officer FSBO his own house and not support the realtors who support his business?  I'd find a new loan officer  Karen

Aug 29, 2009 02:08 AM #12
Renée Donohue
Savvy Home Strategies Realty, LLC-REALTOR®-Estate-Probate - Las Vegas, NV
Las Vegas Real Estate Broker -

I am telling ya, social networking is gaining ground - big time!  If you aren't promoting yourself, your listings or your services in those areas in a nice subtle way (talking in general to all professionals), you are missing out!

Traditional communication methods will be a thing of the past.  Social networkers will dominate by keeping their mug in front of the masses!

Aug 29, 2009 06:51 AM #13
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