Why Sell By Owner Doesn't Work Well

FSBO: For Sale By Owner

Are you considering selling your own home?  Recently, I saw a sign go up in front of a home.  It read “For Sale By Owner, no brokers or agents”.  After about 3 weeks, the sign was gone.  I thought to myself, “Hmm, that house sold fast”.  The next day, a new sign appeared on the front lawn from a big agency now representing the seller.

Obviously, the seller had wanted to save themselves commission by selling their own home but things must have not quite worked out.  Why could this have been?  Even in a seller's market? Many home buyers thought about selling home by themselves, but 99% of the cases things don't work out as they had expected.

1. FSBO can’t list their homes on the MLS (mulitiple listing service), thus have very limited audience. On the other hand, MLS exposes your home to hundreds of thousands of potential buyer group. 
2. More likely to have legal problems.
3. As sellers usually use online estimating systems such as Zillow and Redfin , and there are many drawbacks to those systems, homes are not priced well.
4. Buyers feel intimidated.
5. Agents are reluctant to show and work with seller directly.

Let me improve your home selling experience.  I will manage your property listing on the MLS.  I will take care of the paper work, to minimize legal issues.  Let me do the work for you!