For Sale by Owner…
is a trend that appeals some Homeowners.
Did You know that the CEO of buyowner.com listed his home with a Realtor?
The promise of no commission expense is sweet to think. But… There are many caveats to consider when putting your Home For Sale By Owner.
- According to the National Association of Realtors and Based on National Statistics, 91% of all sales transactions are with a Realtor.
- The typical FSBO home sold for $174,900 compared to $215,000 for agent-assisted home sales, the difference accounts for way more than a typical 6% commision.
The Most difficult tasks for FSBO sellers find are the paperwork, set the correct price, properly stage the property and assist the buyer with financing. All things I do everyday for my clients.
Its website claims “BuyOwner.com allows you to reach the most potential buyers in the shortest amount of time, in the most effective (the Internet) and most cost effective manner (no commission!) possible.”
But, would you trust a site that not even it’s CEO uses? For Sale by Owner is not an easy task.