A lot of homeowners today are trying to sell their homes themselves. Affectionally, we refer to them as FSBO's. I applaud your efforts and wish you the best of success.
However, let's look at some pros and cons of FSBO.
Pros of FSBO
1. Commission savings
2. You control the listing side
3. You schedule your own showings (can be a con!)
Cons of FSBO
1. People looking for a FSBO are trying to save money just like you. They expect you to give up the commission that you are saving.
2. You don't get good feedback. People will be nice to you but not necessarily honest. Good feedback is imperative. (Example, if they smell dogs or diapers, they won't tell you this!)
3. Exposure! You are limited to drive bys, word of mouth, perhaps a few craigs list ads, signs at work or grocery store, etc. The MLS (now called the BLC) gives you exposure to thousands of buyers.
4. You're on your own professionally. If you're not fluent in the process, it could cost you because you don't have professional representation.
5. You may not know the right people to call for inspections, title companies, legal advice, home repairs, etc.
6. You're probably on an uneven playing field with your buyer. A realtor's job is to professionally represent their client. This evens the playing field.
7. Negotiations are almost always awkward.
8. Limited access to realtime information regarding current listings, pendings, solds and market.
9. Many FSBO's don't fully understand the process from contract to closing.
10. Every transaction has some type of twist. A realtor's job is to smooth out those twists with the most favorable outcome to you as possible. As a FSBO, you're on your own. (Example. suppose that your inspection revealed a latent defect in your foundation. An encroachment. A subdivision violation. Evidence of mold or termites. A cloud on the title. What about possession. Home Warranty. Who pays for what at closing. What is an appropriate earnest money. What about seller paid closing cost.... the list goes on and on.)
So.... What about a limited service listing like "Assist to Sell"?
That only solves part of the issue. You still interface with the buyer directly, schedule your own showings, realtor is limited in their service to you. We usually find these programs of limited success.
Personally, I've walked the FSBO route. I actually sold a home in 1994 as a FSBO. I've owned 6 homes in the last 26 years. I lucked out in 1994 but I would describe the transaction in one word: stressful!
In 2003, I had a limited service listing with Home Yeah! I paid $500 to get me in the MLS. That didn't work so hot. One word: awkward!
In 2005, I had my home listed with a realtor but would not listen to him. We were way over priced. We eventually sold the home less than what the realtor suggested because the listing became stale. We were 2.5 years on the market before we woke up. One word: stubborn!
Then...I got smart! I started listening to my realtors and learned the value of what they provide. I became a realtor in early 2007 and have had excellent success in representing both buyers and sellers. My record listing in 18 hours from entering the BLC to an accepted contract. That's hours...not days!
Most FSBO's give up after 60 days and list with a realtor anyway. Good realtors will be honest and list the home only after an appropriate amount of due diligence, market research and home preparation. A good realtor doesn't take a listing that they cannot sell. That doesn't help anyone.
I'd love to share with you what I've learned and how it will work for you.
Give me, Robby, Jen or Stephen a call.
Below you'll find the latest SOLD homes in Fishers, Carmel and Noblesville. Our site actually let's you search the latest SOLD homes. Also be sure to check out market reports! These are amazing and will give you excellent info.
As you drive up to this Beauty, you'll love this Inviting, Nicely Landscaped, Gorgeous Brick Ranch. Inside, you'll find a front living room/dining room combo area, fresh...
Listing courtesy of Keller Williams Indpls Metro N. Selling Office: CENTURY 21 Scheetz.
Open floor plan with high cathedral ceilings located in the Gatewood Subdivision. This home is located conveniently to I-69 & I-465. Easy access to all the north side ame...
Listing courtesy of Carpenter, Realtors®. Selling Office: Keller Williams Indy Metro NE.
Beautiful 4BR/ 2.5 Bath Hm w/master on the main. Genuine Hwds in entry, dining, kitchen & breakfast areas. Huge kitchen w/super sized breakfast bar & large pantry. Great ...
Listing courtesy of Berkshire Hathaway Home. Selling Office: ERA Real Estate Links.
Beautiful remodeled home with upgrades galore. Less than a year old furnace (2017). Spacious kitchen with new cabinets, new granite counter-tops, new SS appliances, and ...
Listing courtesy of F.C. Tucker Company. Selling Office: CENTURY 21 Scheetz.
Unbelievable WATERFRONT Home has 3 Levels, 4 Bedrooms, 4.5 baths, DUAL MASTERS allow for Nanny, In-Laws or private Guest Suite. Main floor master has a balcony deck, upda...
Listing courtesy of Homesmart Realty Group. Selling Office: CENTURY 21 Scheetz.
Spectacular condition 4 bed/4.5 bath home in Cherry Creek Estates! This move in ready, open floor plan home features an office with built ins, formal dining room, eat in ...
Listing courtesy of Era Real Estate Links. Selling Office: Keller Williams Indy Metro NE.
Resting on almost .5 acre, this exquisite home stands out in the Village of WestClay! Rich hardwoods guide you throughout from the great room with a gas fireplace, to the...
Listing courtesy of Encore Sotheby's International. Selling Office: F.C. Tucker Company.
WOW! 4 Bedrooms + Full Basement & Screened-in Porch Overlooking Sprawling Backyard + a Side Load Garage in Carmel! Close to all Amenities! New Roof, New Furnace & A/C - 2...
Listing courtesy of Keller Williams Indy Metro Ne. Selling Office: Highgarden Real Estate.
You’ll fall in love with this brilliantly designed Open Floor Plan full of natural light w/one of the Largest & most Irresistible Four Season Sunroom in Del Webb! Spaciou...
Listing courtesy of Berkshire Hathaway Home. Selling Office: Carpenter, REALTORS®.
Beautiful Home in Popular Geist Overlook. This home is the pride of ownership. The updated kitchen boast granite counter-tops, stainless steal appliances and oak cabinet...
Listing courtesy of Keller Williams Indy Metro Ne. Selling Office: CENTURY 21 Scheetz.
Ideal Fishers location, just minutes from downtown Fishers. 4 bedroom, 2.5 bath home, partially finished basement on a quiet cul-de-sac with 3 season room off the back!. ...
Listing courtesy of Era Real Estate Links. Selling Office: Keller Williams Indpls Metro N.
Beautiful All Brick 3 Bedrm 2 Bath Ranch CLOSE to Arts & Design District. Grand Foyer opens to Formal Living Rm w/Fantastic Light from Bay Windows & Newer Laminate floors...
Listing courtesy of F.C. Tucker Company. Selling Office: CENTURY 21 Diversified Realty.
Wonderful 4 Bedroom home on a large wooded lot in Carmel with many updates, don’t miss this hard to find opportunity! Walk in to large open kitchen, living room, and din...
Listing courtesy of Carpenter, Realtors®. Selling Office: F.C. Tucker Company.
Stunning new home in west Carmel. Main floor bedroom suite ideal for in-laws or guests. 6 BR/5 BA plus enormous loft. Large open kitchen with gas cooktop and bright br...
Listing courtesy of Highgarden Real Estate. Selling Office: Berkshire Hathaway Home.
Fabulous 4 bedroom, 3 1/2 bath home, open 2 story foyer, fireplace in the living room, 9ft+ ceilings, wonderful kitchen, granite countertops w/backsplash. Great laundry a...
Listing courtesy of Century 21 Scheetz. Selling Office: F.C. Tucker Company.
Updated beautiful Fishers home with large back yard. Fresh interior and exterior paint. Roof, gas furnace and central air have been replaced in 2015, new water heater. A...
Listing courtesy of F.C. Tucker Company. Selling Office: F.C. Tucker Company.
Just reduced! Looks like a brand new home, freshly painted. Beautiful, sophisticated living in the Village of WestClay. Stunning 5BR, 4 1/2Bath elegant home! Like new, th...
Listing courtesy of Keller Williams Indy Metro Ne. Selling Office: F.C. Tucker Company.
Exquisite AVALON OF FISHERS 4 bedroom, 3.5 bathroom home. This magnificent home boasts an OPEN CONCEPT where your family room w/HARDWOOD FLOORS and GAS FIREPLACE flows in...
Listing courtesy of Cms Real Estate Services. Selling Office: CENTURY 21 Scheetz.
You will love this *freshly painted* house with an *all-season sun room* that overlooks the HS athletic field - perfect for enjoying and relaxing evenings watching the ki...
Listing courtesy of Mentor Listing Realty Inc. Selling Office: Green Door Realty Group.
Don't miss this pristine home w/ a ton of upgrades! 4BR/2.5BA w/ main level office, full basement plumbed for full bath, gourmet kitchen w/ dbl ovens, granite, huge islan...
Listing courtesy of Re/Max Ability Plus. Selling Office: Kucic Associates Realty, LLC.
This gorgeous & well maintained home in desirable Mill Grove has plenty of space with 3 bedrooms, large loft & large room sizes. The open floor plan includes an eat-in ki...
Listing courtesy of Berkshire Hathaway Home. Selling Office: Carpenter, REALTORS®.
Fantastic Ranch with lots of Open Room. 9' Ceilings. Lots of upgrades in this 3br/2ba Open Concept Home. Close to shopping and entertainment. Loads of Closet Storage and ...
Listing courtesy of Carpenter, Realtors®. Selling Office: Carpenter, REALTORS®.
Care free living in this elegant end unit condo in popular Saxony! Stunning 2 story Great Room w/floor to ceiling windows for tons of light. Mn level master bedroom offer...
Listing courtesy of Shobe & Boards Co., Realtors. Selling Office: Atlantis Realty Group, INC.
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