Hope you don;t have to learn the hard way, it is more expensive, but the bottom line is that buyers search the Realtors MLS for properties, very rarely do they look for FSBO sites, since they have only 5% of the available inventory, Why would they waste their time? GO to http://www.insiderealestate.com to see what I mean.
I understand your concerns of using a realtor. There is a misconception that using a realtor will cost you money in the long run and NET you less at closing. Consider the three following results of the Survery NAR completed in 2010 for FSBO's
â†’ Only 9% of sales in 2010 were FSBOâ€™s, almost 50% of FSBOâ€™s knew the buyer personally.
â†’ The Median Selling Price of FSBOâ€™s is 29% lower than agent Assisted Sales. Simply put if FSBOâ€™s used an agent they would NET 23% MORE MONEY..
â†’ A higher percent of FSBOâ€™s need to sell their homes very urgently. IE, financial pressures create leverage to buyers, which in turn results in a lower sales price.
It is a myth, that you will get more money. If you can not find a realtor who can prove this to you in your marketplace with their personal results, i would be shocked.
ps. selling land....very very very difficult in todays market. you need to research a land "specialist" an agent/broker who has done more than 20+ land transactions or so last year...
best of luck. I know you will find the right realtor to work with.
pps. if you have found this helpful, please mark it as best answer. Thank you so much.
There are not really many for sale by owner websites in this area, muchless ones that get full exposure. The best way for your lot is to contact an agent and have them just put in the data for a flat fee, but have everyone contact you. The agent is only there to put your listing into the local MLS which will get many more views than a FSBO website would.
Realtor, Army Wife, & Veteran
Move4Free Realty LLC
8848 Rixlew Lane
Manassas, VA 20109
Office: (571) 292-5377 ext 112
Fax: (703) 542-4240
Cellular: (304) 952-8735
It is difficult marketing your own property and getting the best possible price as quickly as possible. You can try craigs list for free. If you don't have any luck I would be happy to meet with you and discuss the many marketing tools we have here at Long and Foster. Good Luck with your sale, feel free to contact me if I can be of assistance. Listing your property for sale with us would get you the maximum exposure you are looking for!
Long and Foster Real Estate, INC
10748 Sudley Manor Dr.
Manassas, VA 20109
Most of the FSBO sites are geared towards already completed homes and not land. Is NVR or another local builder still completing other home sites around yours? If so you may want to contact them directly to see if they are interested in purchasing the lot. You can also list the home via a flat fee or fee for service broker (I handle those types of transactions) to get the maximum exposure for the lot.
I'm not aware of any site that rates FSBO sites and you can check with Lots & Land Magazine to see if that is an option for you.
Good luck and if I can be of any assistance don't hesitate to call.
I taught a class for FSBOs in the local adult education of the school district (Utah). Because of that I put together a guidebook on how to sell on your own. You can do a lot of it on your own but you can never quite get the same exposure because many of the buyers are tied to Realtors.
If you would like a copy of the guidebook (pdf) just contact me.
Then, if you end up going with a Realtor, you have to make sure you go with a good one. Visit the site below to get free tools to help you 'screen' Realtors to make sure you get a good one. They will also do the screening for you if you like.
Selling your home quickly as a FSBO is a loosing proposition.
If you list with RE/MAX Allegiance your home is exposed to dozens of websites.
Call me, I would be happy to discuss further.
Mark Griffin, CRS
Branch Vice President