FSBO Gives Number One Reason to Hire a Realtor

Reblogger Gabe Sanders
Real Estate Agent with Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales 3090099

Many folks try to save some dollars in the sale of their home by going it on their own.  Though, for most, in the long run it actually costs them more.  Here's the story of one FSBO from Gary L. Waters, Broker Owner, Waters Realty of Brevard, LLC :

Yesterday afternoon I was speaking with a home seller who had been pursuing the for sale by owner route for the previous couple of months.

In this particular case the asking price was probably pretty reflective of the market conditions and competition.

Still, he had been unsuccessful.

His simple reason for hiring a Realtor..... At least with real estate agents people look! 

Selling a home is much more than placing a FSBO sign out front.  Selling a home involves multiple approaches and strategies.

  • Pricing appropriately for the market (done by the FSBO seller). 
  • Preparation (almost done but some left to do).   Preparation is vital for successful presentation.  Presentation simply comes down to how a home looks to the prospective buyer - not the seller
  • Promotion.    Rarely is successful promotion by placing a sign out front.   Your real estate agent must use an effective individualized marketing plan that gets your property in front of your largest potential buyer pool available and, ultimately, attract the right buyer! 

I often refer to the above components as the Three Ps of selling a home.

Successful marketing will get people in your house.   Most home buyers use Realtors when searching for a home to purchase. 

There are multiple pitfalls to selling a home as a for sale by owner.  Many deal with the transaction and process.  Many involve safety and managing risk exposure.

Want to sell your home with the least amount of hassle?  Call on a local, knowledgeable Realtor.

 

Image courtesy of Sira Anamwong at FreeDigitalPhotos.net

Gary L. Waters, is a Florida licensed real estate broker at  Waters Realty of Brevard, LLC, Melbourne, Florida serving Florida's Space Coast including the cities and surrounding communities of Melbourne, Viera, Rockledge, Suntree, Merritt Island, Cocoa Beach and Satellite Beach.

 Call or text me directly at 321-693-3850.

 

 

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Rainmaker
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Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

It's basically the same reason why you should not do your taxes by yourself. it can be done but that doesn't make it a good idea.

Nov 25, 2016 11:47 PM #1
Rainmaker
4,053,008
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you for reblogging the post. I missed reading the original one. 

Nov 26, 2016 03:44 AM #2
Rainmaker
1,488,962
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

I wanted to make sure that i commented on your post since it was tucked in among all the posts by the same person this morning - I hope you have a great weekend and that everyone else finds your post too!

Nov 26, 2016 04:30 AM #3
Rainmaker
405,123
Peter Mohylsky
BETTER HOMES AND GARDENS REAL ESTATE - Santa Rosa Beach, FL
Your Bucket List Broker along 30a

It can be done but it is definitely not recommended.  The cost of failure can be high.  

Nov 26, 2016 04:51 AM #4
Rainmaker
1,459,842
Gary L. Waters, Broker Owner, Waters Realty of Brevard, LLC
Waters Realty of Brevard, LLC - Rockledge, FL
... a small office, delivering big service!

Thanks for the re-blog, Gabe Sanders.  Have a great weekend!

Nov 26, 2016 05:06 AM #5
Rainmaker
3,451,302
Dorie Dillard
Coldwell Banker United Realtors® ~ 512.346.1799 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good morning Gabe Sanders ,

Thanks for this reblog..I missed this post from Gary L. Waters, Broker Owner, Waters Realty of Brevard, LLC and am off to comment on his post!

Nov 26, 2016 05:11 AM #6
Rainmaker
4,655,746
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

This is a very good selection for a reblog. 

Enjoy the holiday weekend.

Nov 26, 2016 07:31 AM #7
Ambassador
2,590,525
Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Great re-blog, Gabe Sanders!  Funny but, I use the 3-P's in my listing presentation and FSBO's tend to 'get it' after it is explained to them.  They don't have the bandwidth, the knowledge or the experience to manage them at all!

Nov 26, 2016 11:04 AM #8
Ambassador
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Gabe FSBO's do not save anyone any money, and end up creating the a lot of aggravation and frustration for everyone involved.

Nov 26, 2016 04:05 PM #9
Rainmaker
3,236,179
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Gabe

The tips on why a FSBO should with a Realtor . . . . is right on point.

Good luck and success.

Lou Ludwig

Nov 26, 2016 07:51 PM #10
Rainmaker
3,624,733
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I believe tha besides getting the best price by usikng a Realtor, taking away the liability of disclosure is the most benefit

Nov 26, 2016 07:53 PM #11
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

FSBO's do it for two main reasons, to save the commission and the principle that they want to show they can (thinking it isn't that hard). 

Nov 26, 2016 08:57 PM #12
Rainmaker
4,314,977
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thank you for stopping by and taking the time to read my re-blog.

Dec 07, 2016 10:13 AM #13
Rainmaker
4,314,977
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for your comments, always appreciated.

Dec 07, 2016 10:13 AM #14
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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