Why FSBO Is a Bad Idea in Today's Market

Thinking of selling your home as a For Sale By Owner? I wouldn’t.

Buying a home? Click here to perform a full home search
Selling a home? Click here for a FREE Home Price Evaluation

Being a For Sale By Owner is a terrible idea in today’s market. You could potentially underprice your home, and leave money on the table. Many people think that selling their home by themselves will save them money, but when they underprice their home they’re actually losing out.

You also open yourself up to scams when you aren’t being represented by a professional Realtor. Furthermore, the liability is all on you as a seller. If you don’t have a Realtor helping you with all the required paperwork, you could potentially miss something or not fill something out correctly and end up being penalized for it.

FSBO homes typically get less money and spend more time on the market. That is something that we see time and time again. If you use a Realtor, you’re going to get more money in less time, even though you’re paying a commission.

FSBO homes typically get less money, and spend more time on the market.

The biggest struggle that FSBO’s have right now is that they aren’t seeing multiple offers that other properties are getting. You may be excited to sell your home, but what could you have made if you were getting those multiple offers? It’s important to get yourself set up to received multiple offers on your home, and the best way to do that is work with a Realtor.

If you’re thinking of selling your home, we have all sorts of tips and advice that we would like to share with you. If you have any additional questions or you want to talk to us about selling your home, give me a call or send me an email. I would be happy to help!