You have found out that selling FSBO is tough and doesn't always yield good results. Talk to some local agents and find out if they feel they can get you more. I don't know the statistics, but its been established that homes sold be Realtors go for more than FSBO's. Buyer's use agents, many agents won't show FSBO's for various reasons including the desire to get paid.
If I were in your area I would gladly meet with you, tour your home, conduct some research to find out if what you are hoping to accomplish can happen all for no charge. I'm confident some local agents would be willing to do the same. Best of luck.
One thing you can do is adjust your price to reflect your 'by owner' status. Buyers are aware of how the system works. Go with an agent and it cost the seller 6% for marketing, finding a buyer, writing and negotiating contracts, coordinating inspections and closings etc. The buyers get how it works, so they are expecting your home to be priced 6% lower than market value. If you aren't priced 6% below market value you aren't going to find a ready, willing and able buyer. I know it's a huge bummer, but most of the sellers out there today are bringing money to the table in order to close a deal and then getting a really great deal on their new house.
Call me if I can help. Mags Rodrigue 225-505-8725
You can do a short sale. Our short sale services are FREE to homeowners. A short sale is when you sell the property for less than you owe to the bank. We would be happy to explain the process to you. Please call us directly to discuss your specific situation. We look forward to hearing from you.
Eli Givoni, Director
Short Sale Department, LLC
Serving all 50 states
2. Sell your home with existing financing in place (understand the terms of your existing note). This assumes you can qualify for your new home with the existing mortgage in place.
3. Borrow the money (life insurance policy? 401K?) to pay the realtor and closing fees and get the home on the market.
4. There are probably other options too, but with limited information on your specific circumstances there are few options that can be offered.