FSBO

Seller's Express Real Estate, Inc.

(FSBO) For Sale By Owner

Sellers Express Real Estate, Inc. offers a 2% listing commission to FSBO clients.

Here is where we will answer your questions about FSBO's.

1) The majority of home sellers use real estate agents, but there is nothing that says you have to.

2) Most people who try to sell their home as a FSBO do so to save the commission, typically 6%.

3) The NAR estimates that sellers who work with an agent sold their homes for 16% more than sellers who went the do-it-yourself route.

4) FSBO's many times wind up paying a 3% Co-Op fee to a Buyer's agent (a Licensed Realtor) who agrees to show the FSBO property to their client.

4) FSBO's frequently underestimate the complexity of selling their home;

- how to prepare your property for sale

- are you emotionally connected to your house

- how do you establish the "correct" listing price

- yard signs, newspaper ads, open house

- answering phone calls, evening and weekend appointments

- how comfortable are you with allowing strangers in your home

- pre-qualifying prospective buyers

- are you qualified to review contracts and undergo the stress of negotiation

- what about negotiations after the contract is signed

- down payments, escrow, title search, termite & home inspections

- the appraisal & what to do if/when the appraisal comes back below the contract price

- can you be objective

These are just a sample of some of the duties and responsibilities of the Realtor, the FSBO seller agrees to handle on their own.