Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties)

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Rainmaker
2,474,127
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

I will never forget early in my career back in 1981, the interest rates were 18%. In those days, you could only sell the 1 house in 10 that had a good assumable loan, or had seller financing.  I would hunker down with the MLS book, and circle those listings that met that criteria.  I would ignore others, which were mainly unsalable at the time to other than a rare cash buyer. 

While out showing properties with my client, we came across a F.S.B.O. sign on a lawn a few doors away from a home we were viewing.  I was a pretty green agent in 1981, but I got out of the car, knocked on the door to the F.S.B.O.  I asked their price, what kind of financing was available, and if they were willing to cooperate with an agent.  I ended up showing the house, and selling it.

There are probably a couple things I would do to have handled it slightly different, but it was a good sale, and accomplished what everyone wished for.

Apr 18, 2015 11:07 PM
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Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

We do not get many any more Debbie, They are captured by Redfin.

Apr 18, 2015 03:28 PM
Rainmaker
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Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Debbie - I have stopped when I noticed a For Sale By Owner in the past and called but I admit I haven't done it in years.  

Apr 18, 2015 06:44 PM
Rainmaker
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Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

So far, it has been "None of the above".  I know, I know, I'm missing out.  I'll try harder.

Apr 18, 2015 12:22 PM
Rainmaker
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Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

I know there are KW offices across the region that have enrolled their agents into the 'dialing for dollars' program and hammer FSBOs and Expired to the point of enraging them.  Did I suggest these folks are flaming mad?

I do drop by simply to assess the property. 

"Do you have a buyer?" they ask.

"Yes I do, but not under these conditions."

"What would it take?" or "I'm NOT LISTING"

"I wish you the best of success" or now I have the stage.

Apr 18, 2015 10:59 PM
Rainer
161,969
Greg Riley
Prudential AllStar Realtors - Rio Rancho, NM
e-PRO,RECS, Rio Rancho Real Estate

I Have a Door hanger that promotes my website as a 24-7 Open House I hang the tago on the door and call them a day later the conversion rate on FSBO's is very low!

Apr 18, 2015 10:48 PM
Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I used to attend the open house of sale by owners and introduce myself and give them tips. I have not seen any in my area in a long time.

Apr 18, 2015 10:33 PM
Rainmaker
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Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

I saw a sign like that. I jotted the phone # down. There were 3 "no soliciation signs on the door including one "No realtor or missionary". Under FSBO there was no "no realtors, will contact DRE for any violation.  A few days later a big hand written sign "Pending release-multiple offers". Educated people in Silicon Valley do not always use realtor service. They sell it themselves.

Apr 19, 2015 12:29 PM
Rainer
27,758
Jim McCord
Keller Williams Pinnacle Group - Cincinnati, OH
#1 Best Selling Author & Real Estate Coach

I stop, write down address, phone number and take a photo of the home. Have a system that is phenomenal... watch this video then click on follow up videos...https://www.youtube.com/watch?v=9GkUiFIlcW0

Apr 19, 2015 12:00 AM
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John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

No I have never done this. 

Apr 18, 2015 11:52 PM
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Jerry Newman
Brown Realty, 210-789-4216,www.JeremiahNewman.com - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

If I see a sign in my area, I will stop and write down the number. Then check it against the DO Not Call List. Call them to get information about the house, and ask for an appointment if they decided to start interviewing agents to list the home. I haven't written them any letters lately. It's a shot in the dark for me, but most of them I talk too will pay me to bring a buyer.

Apr 18, 2015 11:25 PM
Rainer
103,824
Mike Belobradic
Johnston & Daniel Oakville - Oakville, ON
Your Trusted Advisor in Oakville Real Estate

FSBOs are very few and far between in our market. So far I haven't had any interaction with one at all.

Apr 18, 2015 11:07 PM
Rainmaker
99,696
Jackie Hillen
Melson Realty - Porterville, CA
Tulare County ~ (559) 999-8088

All of the above!!  And maybe even facebook them.... 

Apr 18, 2015 05:03 PM
Rainmaker
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I take down the number, if I see them outside I will stop and it all depends on the time of day.

Apr 18, 2015 01:44 PM
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

I pull over, write down the number and call them right away.

Most of these are unsuccessful though since many fsbo's are a little far from reality in their expectations of price, and many more never return a phone call.

Apr 18, 2015 12:18 PM
Rainmaker
2,394,715
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

I did in the beginning of my career, but not any more.

Apr 18, 2015 12:06 PM
Rainmaker
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I do not.

Oct 11, 2018 06:30 AM
Rainmaker
657,024
Chuck Willman UtahHomes.me
Utah Homes - Alpine, UT
Utah Homes

I don't bother them. In areas I've worked in the past (large metro areas/many agents), the FSBO folks tend to have a zillion aggressive agents swarming them. It feels akin to telemarketing- if someone likes that sort of thing, more power to them. I'd rather leave the FSBO seller in peace.

Apr 20, 2015 11:42 PM
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61,738
Evelyn M Epperson
Coldwell Banker Residential Brokerage - Johns Creek, GA
A Tradition Of [Excellence, Trust & Service]

I will write down the number & the address.  I will call them and set up a viewing of their home.  

Apr 20, 2015 05:39 AM
Rainer
26,764
Beatrice Briseno
RE/MAX Unlimited - San Antonio, TX
Beatrice M. Briseno, GRI, CDPE, San Antonio, TX

I always hot down the address, photograph the home and the sign. I the give it to one of my team members for follow up

Apr 19, 2015 08:22 PM
Rainmaker
4,866,130
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

my team members are not enthused about for sale by owner....I had the perfect close and made a score on fsbo's when I was working in real estate.... I may write a post about this....I did one in the past, but it's buried somewhere....I think I'll write a new one....

Apr 19, 2015 05:46 AM
Ambassador
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

If it looks like something one of my buyers is looking for I will get the number and call them. Occasionally that will lead to something. I don't work them in general like I used to.

Apr 19, 2015 03:49 AM
Rainmaker
2,762,964
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

There was a time when I would knock or call.  I do not see many FSBO signs these days.  FSBO's are not my priority market.  That's not to say I eliminate them entirely ... just not my focus.

Apr 19, 2015 03:43 AM
Rainmaker
304,939
Cindy Davis
SD Home Source Realty - San Diego, CA

I would take down the number and call, as well as send a letter. Prospecting fsbos is a part of my business,

Apr 19, 2015 01:24 AM
Rainmaker
982,279
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

I will send a letter if the home passes muster to be marketable and it's confirmed that it is not Realtor or liceseee owned. 

Apr 19, 2015 01:16 AM
Rainer
200,126
Richard Robibero, ABR, SRS
Panorama R.E. Limited - Toronto, ON
Selling Your Home as if it were My Own!

I'll only stop into an FSBO if they have an open house or have a buyer ready. Most of my time is taken up by my Buyers nad my Sellers. Chasing FSBOs for listings is not appealing to me but I understand and appreciate other Realtors that try.

Apr 18, 2015 11:39 PM
Rainmaker
1,520,801
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Stop and knock. If willing to cooperate with us; we have buyers.

Apr 18, 2015 11:22 PM