5 Reasons You Should Not FOR SALE By Owner

5 Reasons You Should Not FOR SALE By Owner

The Top 5 Reasons You Should Not For Sale By Owner | The Top 5 Reasons You Should Not For Sale By Owner – Simplifying the Market™

In today's market, with homes selling quickly and prices rising, some homeowners might consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons this might not be a good idea for the vast majority of sellers.Image title

Here are five of those reasons:

1. There Are Too Many People to Negotiate With

Here is a list of some of the people with whom you must be prepared to negotiate if you decide to For Sale By Owner:

  • The buyer who wants the best deal possible

  • The buyer’s agent who solely represents the best interest of the buyer

  • The buyer’s attorney (in some parts of the country)

  • The home inspection companies, which work for the buyer and will almost always find some problems with the house

  • The appraiser if there is a question of value

2. Exposure to Prospective Purchasers

Recent studies have shown that 89% of buyers search online for a home. That is in comparison to only 20% looking at print newspaper ads. Most real estate agents have an internet strategy to promote the sale of your home. Do you? 

3. Results Come from the Internet

Where do buyers find the home they actually purchased?

  • 44% on the internet

  • 33% from a Real Estate Agent

  • 9% from a yard sign

  • 1% from newspaper

The days of selling your house by just putting up a sign and putting it in the paper are long gone. Having a strong internet strategy is crucial.  Continue Reading...




Anitra Williams is a Texas based Real Estate professional with JP & Associates Realtors.  She provides current and relevant market information, seller & buyer tools, tips and suggestions.  Contact Anitra today at 214-316-1181 for help with your real estate needs or visit her on the web at www.NitraRealtyGroup.com.



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Dated: March 30th 2016
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