Don’t be a FSBO!!

Sure – It’s easy for me to tell you not to be a “For Sale By Owner”. I’m a Realtor! My profession is helping homeowners’ sell their homes! If you try to sell your home by yourself – I’m out of a job!

Let’s take a second though to really discuss, and go through the reasons you should not try to sell your home solo. If you think hard, if there wasn’t a need for us… why would our profession still be around if people truly did not need us? Realtors have been around for decades, and the job field is only steadily growing with the demand of consumers.

What benefits do we offer that would be any different than you trying to sell your home yourself? First think about these three statistics, and let them sink in for a bit.

1) Homes that are “For Sale By Owner” sell for an average of $40,100 LESS than a house listed by an agent! The average home sold by an owner is $174,900 – while the average home sold by a Realtor is $215,000! If you do the math correctly, that means that on average, an agent can sell your home for 23% more than you can alone. I don’t know about you – but for me, that is not an insignificant difference!

2) Have you thought about how long your home will be on the market, or “for sale” before it actually gets sold? If you’ve ever been searching for a home… and you’ve seen those houses that have been on the market for 200 days… or 400 days – have you thought to yourself, “Why has no one bought that house yet.. there must be something wrong with it”? Well, since I know your answer is yes… it’s because you are not alone. This is a stigma attached with homes that just sit, and sit on the market. So, think about this if you will. The average days on market right now for a home sold by a Realtor is 69 days. The average days on market if sold by the owner is 88 days. That is an average of 19 days longer than if sold by a Realtor, or 22% faster. What we also find is that when the homeowner cannot sell on their own… they re-list with an agent, and then the average days on market becomes significantly lower once entered in the MLS!

3) Do you have a full time job? I do. Being a Realtor IS my full time job, and my partner’s too. This is all that we do for a living. Help people buy, and sell homes in Central Ohio. When you try to go the “For Sale By Owner” route… have you thought about the ridiculous amount of added stress? In a recent poll done by, 70% of FSBO sellers said that they ran across major difficulties while trying to sell their home, and had to enlist professional help anyway. When you hire a Realtor (Like Me 🙂 ) — we have the all of the resources to deal with all of the common, and uncommon difficulties that surface during a transaction! Whether it is title mistakes, pricing & financing, or inspection reports… we handle everything. You are not alone.

I could go on, and on as to why you should and need to hire an agent to help you sell your home, but these are the top three reasons if I were to be asked right now as to what challenges FSBOs face. If you have a home anywhere in Central Ohio, and you’ve thought about selling your home… contact us today! We’d be happy to meet you 🙂

For more info about us… click HERE!

2 thoughts on “Don’t be a FSBO!!

  1. Pingback: 5 Things You’ll Never Hear A Good Realtor Tell You!! | I heart ohio homes

  2. Pingback: Sorry “Yahoo! Finance” – You’re Wrong! FSBO is NOT a good way to go! | I heart ohio homes

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