What are the best FSBO sites to list my house on? What is looked at the most?

Marty
Both Buyer and Seller
Spartanburg, SC

Answers (4)
Sensible Realty
Agent
Collin County, TX

Less than 5% of listing agents actually sell the homes they list. Why? They simply use the power of the MLS by listing the properties for thousands of agents to bring their buyers. 85% of home buyers use a REALTOR® to help them locate a property. Why is this important? REALTORS® use to the MLS to search properties for their clients.
Listing with Sensible Realty, for one low FLAT FEE, lists your home on the very same MLS as the local REALTORS®. You can put the power of the MLS to work for you and save thousands of dollars. You still control your selling strategy but gain access to all the Realtors in your area to bring you a buyer because you are now listed on the MLS.

Tue Aug 11 2009, 08:04
Abraham Mills
Agent
Greenville, SC

Marty,

How about hiring an agent to represent you. You could never advertise your property in all of the places REALTORS do, and in the end you spend more time and money trying to sell it yourself. Secondly, I know many agents that will not show FSBOs even if they are offering a large comission! Why? Because of the liability issues involved. You see if something goes wrong with the transaction, they will always go after the licensed person involved, and we all know this. Also, much of the public is intimidated by FSBOs. They want the security of an agent walking them through the process, and answering their questions.

Think about it, and if you would like to talk with me, please do not hesitate to call.
I would love to get your property sold for you!

Please go to my website for contact information.

Web Reference: http://www.abemills.com
Tue Aug 11 2009, 07:05
rockinblu
Other/Just Looking
Austin, TX

"Second, when the property does sell, on average, they sell for 16% less than the average a Realtor sells."
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If this were true, then it just shows the rip job buyers receive when a couple of agents get together. Under those circumstances anyone would be a fool to buy anything other than a FSBO.

Marty,

The NAR's interpretation of a FSBO differs from what many other people consider to be FSBOs. If your listing appears on the MLS in any way you are not considered to be a FSBO in the NAR definition, as you have had help from an agent to get there. Consider this when evaluating Keith's biased NAR statistics. You may be interested in the blog attached to the link below. Good luck.

Wed Aug 5 2009, 10:27
Keith Sorem
Agent
Glendale, CA
FIRST ANSWER

Marty
There are quite a few. Why don't you google them to find out?

However, you might want to consider a few important strategies in your home selling plans:
First, a 2006 NAR Survey showed that in the case of owners selling their homes initially without professional representation, 10% are successful. They sold to someone they knew 5% of the time, someone they did not know 5% of the time, and listed it with a Realtor 86% of the time. And that was with a "normal economy".

Second, when the property does sell, on average, they sell for 16% less than the average a Realtor sells.

Third, you may not be aware, but the real estate business climate has changed dramatically in two important areas
On May first the way appraisals are handled was changed. Without boring you with details, the result of these changes is that in many cases appraisals are coming in BELOW the agreed selling price, in part because appraisers are required to predict future values. That means that if the market is going down (and most of us know that the market goes UP and down), they will factor in a lower future price, which affects the value on which the lender will approve a loan.

According to the link below the price per square foot has dropped over 20% in the last twelve months.

The other big problem is that on August first lending guidelines are changing AGAIN and that means that there will be fewer qualified buyers. Buyer qualification and the ABILITY TO CLOSE are becoming big problems.

So, here is my advice:
Interview three Realtors.
Compare their proposals.
Try it on your own.
If you need to move to plan B, then you are all set.

Good luck

Wed Aug 5 2009, 09:42

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