Price
The NAR states FSBO homes typically sell for $55K+ less than homes listed with an agent. You might save 2.5 - 3% in commission but lose 10–15% on the sales price.
Compliance is Crucial
Only 6% of home sales were FSBO, yet 71% of real estate lawsuits involved home sales that lacked proper representation. Mistakes can lead to costly lawsuits, delays, or even a cancelled sale.
Days on the Market
Professionally staged homes sold on average in 23 days compared to 184 days for non-staged homes.
Limited Market Exposure
Homes listed on the MLS (a centralized platform only available to licensed real estate agents) sold much faster than homes that weren’t listed there.
Other Important Facts to Consider Before Choosing FSBO
Dealing With Unqualified Buyers
Dealing With Unqualified Buyers
Dealing With Unqualified Buyers
Real estate transactions involve a mountain of legal documents, disclosures, and state-specific regulations. Mistakes can lead to costly lawsuits, delays, or even a cancelled sale.
Time Consuming & Stressful
Dealing With Unqualified Buyers
Dealing With Unqualified Buyers
Without proper screening, sellers may waste time with individuals who aren't financially qualified to buy, or misunderstand the buying process entirely. This can lead to delayed closings, failed deals, or legal complications.
Lack of Negotiation Expertise
Dealing With Unqualified Buyers
Lack of Negotiation Expertise
Real estate transactions involve complex negotiations over price, repairs, contingencies, and closing terms. Most FSBO sellers don’t have the experience to navigate these discussions effectively, which can lead to costly concessions.
From FSBO to SOLD: Expert Guidance That Gets Results
With over a decade of experience in real estate, I’ve earned the respect of my clients by working tirelessly on their behalf and always providing valuable advice, including insights and recommendations for those considering doing a for sale by owner.
My honest and approachable demeanor, combined with unwavering determination, makes me a trusted advocate. My goal is to meet and exceed every client's expectations.
~ Kimberly Ganow, Realtor
703.296.6316
Customer Testimonials
