Do you have errors and omission insurance? Who do you hold accountable if you mess something up?
Most of the Realtors I chat with on a deep level confide they are not aggressive about working with FSBOs because they end up doing all of the work for half the money. Not saying that is right or wrong, just passing on what I have been told. Selling a home for what it is worth requires increasing the odds during the marketing process, cutting out a large segment of the buyer pool doesnâ€™t do this.
Thousands of closed real estate deals over decades and I can count on one hand the number of purchases that did not have at least one Realtor involved. My closing attorney told me they account for about 1% of her volume, way more than my percentage. However, she also told me that out of that total number 98% of those were between relatives. I thought that was very interesting. I have never heard anyone before break down a profile on a FSBO.
NMLS # 6395
Financing Kentucky One Home at a Time... more