“I’m doing For Sale By Owner, but I have a question.”

Real Estate Agent with RVA Home Team 0225195925

"I'm doing For Sale By Owner, but I have a question."

"When someone needs to sell their home first, how exactly does that contingency work?" 

"What sites should I market my home on?"

"My mother died in the house, is this a problem?"

"The appraisal came in too low...Now what?"

There are probably a thousand more questions that could be asked, but I can only think of one question to ask those FSBO's who are posing these questions: if you don't know the answers to these questions, do you really believe you should be selling your home on your own?

I understand the reasons why people would like to try FSBO. I really do. Before I was an agent, I bought and sold several of my own properties and at one point considered doing a For Sale By Owner simply because I wanted to save on the commission. But, I ALWAYS ultimately went with an agent to list my home because:

1) I didn't know the answers to such questions as above

That's pretty much why I never listed FSBO. There was no way I was going to gamble with the biggest investment I have ever made. I would bet on myself in many instances in life, but this was not one of them.

With the Internet you certainly CAN find out a ton of information about all sorts of things. I COULD represent myself in a court of law, but somehow think my chances of success would be greater with someone who is an actual attorney and has experience keeping people out of jail. I COULD figure out how to set a broken bone, but I think I would rather leave that to those who are trained to do so...somehow I think there would be less pain. I Could, I Could, I COULD.

Do you know how long an attorney goes to school for? Okay, I don't know the actual hours, but I know it is a LONG time and I know the exam they have to take is difficult. Do you know how long a Doctor trains for? I am guessing: 4 years under grad, a few years med school, a few years resident, and then they keep learning for the rest of their career. Now, do you know how much training a real estate agent has? I can only speak for Virginia, but it is:

*60 hours of real estate school and a test with a passing score

*Passing the State/National test

*30 hours of post-licensing learning within the first year of obtaining your license

*16 hours of continuing education credits EACH TERM.

*And then you have that little VALUABLE thing that happens over time: EXPERIENCE in all SORTS of situations.

In addition to the REQUIREMENTS, many diligent agents take various courses and educational experiences throughout the year to better themselves AND to represent their client to the best of their ability.

I want the best for YOU. I want to see you sell your home in the least possible time, for the most amount of money, and without much pain. If you read this and STILL think FSBO is your best bet, then by all means take a stab at it. But, if you read this and understand that an educated/trained representative would be the best fit for you, then give me a call and I would be happy to represent you! (And if you try the FSBO thing and it doesn't work out, give me a call...I promise I won't say I Told You So!)

 For a listing consultation, please contact me, Shannon Milligan at Home Sweet Henrico with Keller Williams Realty today at 804-248-8207.



Posted by

Shannon Milligan, Associate Broker/Realtor

RVA Home Team

Winning with Integrity

eXp Realty 

6802 Paragon Place #410, Richmond, VA, 23230

804-248-8207 (cell)






Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Will Nesbitt 04/22/2011 04:23 PM
Virginia Henrico County
Keller Williams 'Rainers
Posts to Localism
keller williams
home sweet henrico
im doing for sale by owner
but i have a question
sell your home in the least possible time

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Greg Nino
RE/MAX Compass, formerly RE/MAX WHP - Houston, TX
Houston, Texas

Love the direct response you've provided! Great post!

Apr 20, 2011 11:55 AM #1
Laura Higginbotham
Arizona Real Estate Options - Mesa, AZ
Broker/Real Estate Consultant, Mesa, Arizona Home

Now more than ever before it is important to have a knowledgeable agent on your side! Although it is possible to sell a home without a Realtor, it is not a good idea to go it alone for SO many reasons!

Great Post!

Apr 20, 2011 12:04 PM #2
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Good post and very good advice for home sellers. Some just think they know it all.

 Blooming for home buyers!

Apr 20, 2011 12:56 PM #3
Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker
RVA Home Team - Richmond, VA
RVA Home Team - Winning with Integrity.

Greg - Thanks! I may be a little more direct b/c I am going through this with a FAMILY member right now!

Laura - thank you! It is important now more than ever to come out of the gates on the best foot.

Roy - Thank you! Even real estate agents are constantly learning so I can't imagine being FSBO and knowing even less and trying to sell your home.

Apr 20, 2011 01:35 PM #4
Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

Thanks for sharing this especially since you are dealing with this now. You have everything laid out!

Apr 22, 2011 04:21 PM #5
Sharon Alters
Coldwell Banker Vanguard Realty - 904-673-2308 - Fleming Island, FL
Realtor - Homes for Sale Fleming Island FL

Shannon, just came here from Will's reblog and will say again what I said to him -  This piece would be a great letter to send, edited to FSBO potential clients. It is light hearted but right to the point of why education and experience trump Googling and guessing! Happy Easter!


Apr 22, 2011 04:30 PM #6
Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker
RVA Home Team - Richmond, VA
RVA Home Team - Winning with Integrity.

Will - yes, a relative in another state keeps calling me asking me questions and as much as I want to help, I don't know the laws or rules and regs in their area and they obviously don't as well. They will be listing with an agent now :)  

Sharon - thanks you! I appreciate it!

Apr 23, 2011 02:00 AM #7
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Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker

RVA Home Team - Winning with Integrity.
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