Charles Stallions Selling Homes The FSBO Way In Gulf Breeze Florida

When it comes to selling your home, going the "For Sale By Owner" (FSBO) route might seem tempting, but recent surveys reveal a stark truth: homeowners who opt out of using a real estate agent are often less satisfied with the selling experience. According to a survey conducted by Clever Real Estate among 1,000 home sellers from 2022 to 2023, those who sold their homes without a professional representative were twice as likely to express dissatisfaction with the process.

The survey highlights that initial perceptions about real estate agents being overpaid or not significantly more knowledgeable than the average seller tend to change post-transaction. Many FSBO sellers admitted to making mistakes and encountering unexpected challenges without professional guidance.

Here's a breakdown of what non-agent sellers experienced:

1. Difficulty in the Process: Over a third of non-agent sellers found the selling process more challenging than expected. They faced issues such as buyers distrusting them (43%), struggling to understand contracts (40%), and making legal mistakes (36%) due to lack of agent representation.

2. Financial Implications: Sellers without an agent were three times more likely to report losses on their home sales. On average, those who used an agent earned $46,603 more in profits than those who sold without one. Many regretted their pricing strategies, believing their homes could have sold for more with an agent's guidance.

3. Extended Selling Time: Sellers without agents were nearly twice as likely to take longer to accept an offer, with 53% of agent-represented sellers accepting offers within a month. Ironically, many FSBOs aimed to sell faster by going it alone.

4. Increased Stress: A significant portion (50%) of non-agent sellers admitted to moments of distress during the selling process. Feelings of overwhelm (52%) were common among unrepresented sellers, while those who hired agents reported feeling more positive about their sales and experienced less stress.

Despite some dissatisfaction with agents, as reported by a smaller percentage of respondents, the majority (77%) expressed satisfaction with their agent experience. This aligns with the National Association of REALTORS® (NAR) trend, where 89% of recent buyers and sellers utilized real estate agents.

The figures from NAR further support the advantages of professional representation, with only 7% of homeowners choosing FSBO, matching the all-time low recorded in 2021. FSBO homes typically sold at a median price of $310,000 compared to $405,000 for listed homes, showcasing the difference professional representation can make in the final sale price.

Tracy Kasper, NAR President, emphasizes the importance of having a REALTOR® in navigating the complex home buying and selling process, especially in today's challenging market conditions.

For those considering FSBO, statistics and experiences strongly suggest that employing a REALTOR® such as Charles Stallions 28 years of experience, renowned for the 206-Step Home Selling System netting more money as much as 16% higher than average, a faster selling time average of 27 days, and less stress significantly improves the selling process, leads to better financial outcomes, and minimizes stress. Charles Stallions although not considered a Discount Agency charges only a 3% commission total while still offering a commission to other agents. Call or text Charles now at 850-476-4494 and get his complete no-obligation presentation sent over for your review.  The saying goes on the Gulf Coast when you hire Charles Stallions he puts 3300 realtors to work on your behalf.