The only issue with the FSBO websites is this...you are severely limiting your market exposure to buyers looking for FSBO. I would never buy a FSBO myself though I am sure some people might. For me itâ€™s like going to court with out an attorney, or doing your own dental work. Can you save money sure, but the risk out weighs the reward.
Keep in mind that commissions are negotiable. Ask an agent to show you a Net to Seller Breakdown. If you feel the commission is too high ask how much the agent will actually receive and see if itâ€™s fair. Ask them to defend their commission. I have no problem negotiating for mine. Be cautious of an agent that doesnâ€™t even put up a fight for his brokerageâ€™s commission. If he gives away his money that easy how do you think heâ€™ll do with yours?
It takes three things to sell a product. A product, a price, and a shelf to put it on. Personally, I want the shelf with the most exposure to attract the most buyers. Since itâ€™s the seller who sets the commission and not the buyer, buyers are more likely to get representation rather than take the chance of buying FSBO. If you are going to list FSBO you should at least offer something to the buying side to attract agents who have buyers. Just donâ€™t expect them to then help you out with legwork, paperwork, or negotiation tactics, since you opted to represent yourself.