You Need A REALTOR Like A Chemistry Student Needs A Meniscus

Gary, when even the owner of "For Sale by Owner" Shoppe hires a realtor, you can see the wisdom of going it alone.

Good morning Gary. Not very often do you see a SOLD BY OWNER sign. Probably a good reason for that.

Gary-It is always best to leave it to the pros. I just found that out by something I had done by someone who wasn't and it is a disaster.

Gary I totally agree with you...leave it to the professionals.

Gary - a feature for sure! You are spot on about needing a Realtor to sell your home. There are so many things that can and will go wrong, you need an experienced professional on your side walking you through the process. Thanks for giving the statistic (9 -13%), if that doens't prove your point then nothing will. Suggested! 

You use my favorite phrase "don't know what you don't know".  Many of the financial problems previously created and still here today are a direct result of that phrase.  FSBO's, think they know and think they can really save.  While I understand their motivation only a few will be lucky enough to find the right buyer, with a good lender AND a good settlement agent to walk them through every step.  Let's see..... what are the odds that everyone of those players will know what they don't know?

That's a great statistic on their success rate as  FSBO.  Where did you get this statistic?

Gary, you are so right on points. The consumers don't know what they don't know. It is especially if it is their first time navigating through the purchase of their large investment.

Gary, Usually what they save in money they will lose in time, and frustration and still end up with an attorney which will cost them just as much and the learning experience will be priceless ( not really)

Enjoy the day

I will never forget one of my earliest deals in which the sellers had an accepted offer on their house (for sale by owner). She called me several days later sobbing because the deal was falling apart, and they needed to get the house sold (had an accepted offer on another house with me). We listed their house, got an accepted offer within a few days of being on the market and they netted more even with commission. Even I was stunned -- but quite pleased. :)

Hi Gary - excellent post and excellent statistic, thanks for sharing it. A real estate transaction has many intricacies, which is why a seller needs a Realtor!

Well said, I have so much respect for all of you! Who wouldn't want the best odds!

With our tough market, FSBO's seem to think their homes will sell better, but it's just the opposite.  You have to have assistance from the agent that knows the market and all the good internet presence.