Occasionally homeowners prefer to try and sell their home on their own as a "For Sale By Owner" or FSBO. There are many reasons why a homeowner would do this, but they tend to center around a couple of main concerns. First, a FSBO homeowner doesn't want to involve a real estate agent and pay the extra commission, or second, a FSBO homeowner has had a bad experience in the past with a real estate agent and doesn't want to risk dealing with another "dud" agent. Both concerns are quite common and quite valid!
In the past I have dealt with many FSBO situations and both are certainly legitimate concerns. The commissions involved with a real estate transaction certainly aren't insignificant, and we all know that some sellers have had horrific experiences with agents for a variety of reasons.
When considering going the FSBO route, there are a couple of facts homeowners should keep in mind:
1) The National Association of Realtors (NAR) reports that real estate agent sales of comparable properties resulted in sale prices 27% higher than those sold by FSBO's.
2) Statistically approximately 97% of all homes sold are listed and sold by real estate agents;only about 3% are successfully sold by the owner.
If you are a homeowner determined to sell your property on your own (For Sale By Owner, or FSBO), then make sure you are prepared with the latest and most accurate information on the real estate market. The Phoenix housing market has been a very dynamic environment over the past year, so it is in your best interest to make sure your property is priced accurately and competitively.
Please take a moment and complete the form below and I will be glad to prepare a FREE, NO-OBLIGATION compable market analysis on your home and surrounding neighborhood. There is no catch and no obligation whatsoever for this service. Statistics prove that your chances for a successful sale are much, much higher when you use the services of a professional real estate agent. But...if you still choose to sell your home on your own then this free market analysis info is yours to keep. It WILL help!
