Top 5 Reasons You Shouldn’t FSBO !

Real Estate Agent with Keller Williams Realty - Wellington SL#3047968

Bottom Line

Before you decide to take on the challenges of selling your house on your own, sit with a real estate professional in your marketplace and see what they have to offer.   More Here...


Let's get together and discuss the supply conditions in your neighborhood to be able to assist you in gaining access to the buyers who are ready, willing and able to buy now!


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Comments (5)

Vern Eaton
Askov, MN
Realtor 651-674-7449

Unless you know all the laws, you are opening yourself up for a lawsuit

Dec 27, 2017 07:06 AM
Winston Crosbie

So true!  

Thanks!  All the best for 2018!

Dec 27, 2017 07:23 AM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

I shared this info from KCM elsewhere too..great stuff...Have a wonderful holiday week!

Dec 27, 2017 07:16 AM
Winston Crosbie

Thanks!  All the best for 2018!

Dec 27, 2017 07:22 AM
Brad Thomsen
Big Bear Realty - Edmonds, WA
Real Estate Services

Hi Winston Crosbie 

Great post.

Going FSBO is not all Sunshine and Rainbows.

Wishing you and yours a Terrific 2018

Happy Selling!



Dec 27, 2017 07:16 AM
Winston Crosbie
Keller Williams Realty - Wellington - Wellington, FL
Winston Crosbie PA - Keller Williams Realty

Thanks!  All the best for 2018!

Dec 27, 2017 07:22 AM
Mel Ahrens, MBA, Kelly Right Real Estate
Kelly Right Real Estate - Hood River, OR
Customized Choices for your Real Estate Needs

Keeping Current Matters continues to provide a limited, one-sided view when they prepare content about FSBO sellers.  Regarding #1 and #2, yes, a robust internet strategy is needed.  There are many vendors who can do so; a real estate broker may or may not have a robust internet strategy.  Putting it in the MLS is not a robust internet strategy.  #3 Yes, negotiating is part of selling by owner.   #4 The 8% FSBO figure includes FSBO sellers using a Flat Fee Listing to market their property in the local Multiple Listing Service.  The actual FSBO seller % is higher since FSBO’s can now advertise in the local MLS.  By advertising in the local MLS, does that mean they are not FSBO?  No, they are just using the same tools as a broker/agent.  In my MLS, the percentage of Flat Fee Listings has varied from 5% to 7% recently.  Adding that to the 8% industry FSBO percentage increases it to 13% to 15%; down but not nearly as much as the misleading 8% figure.  

Finally, #5 selling FSBO will net you less.  Be careful buying into the study conclusions without knowing the details. The study was based on only 13 large population counties in the US; the smallest county in the study had a population of more than 750,000 residents.  Is your county a large population county with more than 750,000 people?  If not, can this study accurately forecast similar results for smaller rural counties?  Does your county have a large enough population to use the methodology the study used? etc...

FSBO sellers do so because they want to save the money; they don't perceive the value of the commission payment for the services received.  We should be looking at providing alternative solutions and choices to consumers, not just FSBO sellers.

Jun 17, 2018 04:03 PM