At Home with Tammy Real Estate Magazine Fall 2018 | Page 23

Why
There are many reasons why homeowners
attempt to sell their home on their own. A few of
the most popular reasons for FSBOs are they want
to save the money that would be spent on real
estate commissions or that they feel they don’t
need a real estate professional to sell their home.
No matter the reason, according to the National
Association of Realtors, less than 10% of FSBOs
actually sell.
Houses for sale by owner leave a seller to
do the negotiating. You'll be relying on your own
skill to finalize a contract, leaving yourself open to
potential legal problems and a smaller profit when
all is said and done.
Here are some of the top reasons why for
sale by owner homes can cause major
headaches.
91% of
AGENTS HAVE
A SOCIAL MEDIA
PRESENCE.
Might Not Be For You!
Total # of
property sales
by FSBOs has
dropped
70%
of FSBO’s
said they
have
significant
difficulty selling
from
20% to 8%
Buyers
using an
Agent is at a
14 year high!


It’s important to get
financing & connect
buyers to sellers.
Realtor’s have the
connections,
owners do not!
15% of
FSBO’s said
they had
pricing
problems.
When you
list FSBO there is
NO incentive for agents
to show your home
to their buyers.
18% of FSBO’s
were not able to
sell within their
chosen timeline.
Hiring an
Agent saves you:
TIME
MONEY
LIABILITY
HASSLE
more days
to sell
REALTORS
can forsee
selling problems
and help you prepare.
Buyer
Buyers Agent
Buyers Lender
Inspector
Appraiser
Title Company
Your Bank
REALTORS spend
THOUSANDS of
dollars on marketing
all year. You are only
marketing your
home once.