Welcome to My OH FSBO - For sale by owner!

 

The FSBO is becoming the most popular choice for people selling their home.  Imagine all of your hard earned "sweat equity" given up to someone else at 6% of the selling price seems a bit hard to take.  My OHIO For Ssale By Owner offers listings for only $199.00!* $149.00!* (For a limited time). Against the cost of agent fees, FSBO properties listed with us is a fraction of what it would cost you to list elsewhere. How to list>> 

top 10 reasons why people choose FSBO

Why people opt for For Sale By Owner:

  1. I can SELL my home myself. Nationally, almost 13% of home owners try to sell their homes themselves. It can be done. But be prepared for a lot of surprises: unqualified buyers ("Buyers are liars"), just-lookers (nosey neighbors), random door knockers, low-ball investors, mandatory State forms and paperwork, and rookie telemarketer cold call prospecting Real Estate Agents trying to list your home. You can be on the "Do-Not-Call" List and also sell your home yourself.  Talk to people who've done it before. Get a good book on selling your home yourself. Get a good Real Estate Lawyer (hourly rate). Select a lawyer who does at least 25% of their work in Real Estate.
  2. I can PRICE my home myself. In surveys by thepricing the house correctly is the most difficult problem for the For Sale by Owners (FSBO's). Priced Too Low you sell quickly and don't get the best value. Another NAR statistic: FSBO homes sell for over 16% less than comparable Agent listed homes. Although I doubt most Real Estate numbers, this stat gives you an idea of the importance of the right price. If your home sits on the market and doesn't sell, there is a time value of money. The rule of thumb for a home's carrying costs is 1% of the value of the home per month. Can you bear the costs of carrying your home on the market, and the possibility of carrying 2 homes, if your old one doesn't sell?
  3. I can STAGE my home myself. The second most common problem listed by FSBO's is staging their home to sell. Do you know the general rules: clean everything, de-clutter, neutral colors, cosmetic improvements; etc. Just watch an episode of of any do it yourself home sales shows and you can see what value a properly staged home can bring. There are professional stagers, but that's another hit to your bottom line vs. the percent commission.
  4. I can ADVERTISE my home myself. Print advertising has been the biggest area of Real Estate advertising, but be prepared for a shock. Most Agents/Brokers get favorable ad rates from newspapers. You don't. Remember, advertising comes out of your bottom line, but it's included in the Agent's commission.
  5. I can MARKET my home myself. Just putting a "For Sale" Sign on the front lawn is not all there is to marketing. We've all heard the story of my friend who put out a lawn sign and sold his house for his price the same day. Do you have an MLS? If you can independently get on the MLS, that will cost you, too ($295-$995 in many states) Remeber, this all comes out of your bottom line.
  6. I can INTERNET MARKET my home myself. Over 75% of home buyers start their home search online. Almost 100% use the Internet at sometime during their home search. If you're not there, you're missing most of your market. Your house may never be seen by all your potential market. Are you prepared to push your listing out to all the local and national Websites: Local MLS, Zillow.com, Google , etc?
  7. I can NEGOTIATE my home price myself. Keep this in mind: potential buyers know you're saving the 6% and expect you to share at least 3%, if not the whole 6%, with them. Unqualified buyers often target FSBO homes, this can tap and waste time, effort and patience. If you don't like bargaining, haggling and negotiating; then selling your home yourself may not be the right decision for you. If you decide to give the Agent who brings the deal a 3% commission, that also comes out of your bottom line.
  8. I can do the PAPERWORKmyself. If you love paperwork at work, at home or at tax time; you'll love selling your home yourself. Your home sale transaction is protected by a fortress of paper. Did I sign this? Did you sign that? Did I fax this? Did I mail that? You better have a list of lists, with all the due dates, the do's, the to-do's.
  9. I know a good Real Estate LAWYER. You better. If you decide to go it without a Real Estate Agent, you'll need a Real Estate Lawyer, who has experience with closings. It will pay to have someone that knows the laws, the forms and all the other paperwork.
  10. I know Real Estate Agents make too much MONEY. Some Real Estate Agents make a lot of money. If there were 8 million residential homes sold last year and 2 million Realtors, then the average Realtor sold only 4 homes. Not enough commission to make a living. Fees are negotiable, and the national average commission is only a little over 5%. In most States you can still buy marketing and advertising services separately and in some places even buy MLS access. But again, it's your bottom line. Real Estate Agents don't get paid until you get more. Real Estate Agents don't make more unless you make more.