I love when we get questions from friends and readers that we can use as the basis of our discussion on the Tallahassee Real Estate Blog. Today, Jeff has a great question that I think a lot of homeowners will find interesting.

Jeff’s parents have a house for sale in another town and they received this letter from a local real estate investor. Jeff would like my opinion on the letter, which reads:

Hi,

Today’s facts in the real estate market: FSBO homeowners will spend, on average, $3500 in the first 90 days of trying to sell their homes. If they later sign with a realtor, they will spend an additional $8500 by the time their home sells, if it does. On top of this, they will have about a 50% chance of selling, probably at around 90% of asking price, if they’re lucky, after their home has been on the market for at least 175 days.These are not very impressive statistics.

I am a local real estate investor and I have lease option buyers. Selling your home on a lease option immediately eliminates all your financial responsibilities, gives you 100% market value of your home within 24 months, and, under our contracts with the buyer, also eliminates all landlord responsibilities. What does this cost you? ABSOLUTELY NOTHING!!! I get paid by the buyer. If you would be interested in this, please email me with your contact info or you can call me @ 555-444-1234.

Thank you and I look forward to working with you.

I really think there are some important issues that Jeff and his parents should consider. {Click Here to Continue Article}