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.
Beautiful 4 bedroom home including a large loft. Updated kitchen with new appliances in kitchen (2018.), Updated master bath and 1/2 bath. Large master bedroom with a spa...
Listing courtesy of Inspire Real Estate Llc. Selling Office: F.C. Tucker Company.
Welcome home to this 4 bed/2.5 bath home in Princeton Park! Greeted by a two-story entry, you'll find a circular floor plan that easily flows through the main level. A fo...
Listing courtesy of Century 21 Scheetz. Selling Office: Plat Collective.
You'll never want to leave this resort like home! Cul-de-sac street with private back yard, sparkling in-ground pool, hot tub, screened gazebo & tiki bar. Everything in...
Listing courtesy of F.C. Tucker Company. Selling Office: Keller Williams Indy Metro NE.
The Potomac is an elegant three-bedroom ranch plan with an open concept, 9’ ceilings and an abundance of light and windows. Enjoy the open layout of the kitchen, great ro...
Listing courtesy of Century 21 Scheetz. Selling Office: Non-BLC Office.
Awesome 2217 sq ft home on 18th fairway in popular River Glen. Open floorplan; raised/cathedral ceilings. Gourmet Kit w/high-end appliances, pendent lights, walk-in pantr...
Listing courtesy of Exp Realty, Llc. Selling Office: RE/MAX Ability Plus.
IMMACULATE AND METICULOUSLY MAINTAINED! MAIN LEVEL MASTER with GORGEOUS WATER VIEWS! 3 Bedrooms, 2.5 Baths, 3 Car Garage! Walking Distance to community pool, playground, ...
Listing courtesy of Re/Max Legends Group. Selling Office: CENTURY 21 Scheetz.
This 1997 Estridge Group home is in the Westons and Carmel School District. It is open and bright with 4 bedrooms, 2.5 Baths, double windows, 9 ft. ceilings on the Main l...
Listing courtesy of Mentor Listing Realty Inc. Selling Office: F.C. Tucker Company.
Updated, upgraded and beautiful former model home. Split floor plan ranch with 3 bedrooms and 2 full bathrooms. You will fall in love the moment you walk through the fr...
Listing courtesy of Carpenter, Realtors®. Selling Office: Keller Williams Indy Metro NE.
Stunning CLARIDGE FARM home just hit the market in CARMEL!! This Inviting home features 5 Bdrm & 4 full baths. Enjoy your private resort like backyard, relax in the spa o...
Listing courtesy of Re/Max At The Crossing. Selling Office: F.C. Tucker Company.
Hard to find newer, larger ranch near Morse awaits it's new owner. Move in ready split bedroom ranch built in 2011 has been immaculately maintained! As you enter the ho...
Listing courtesy of Keller Williams Indy Metro Ne. Selling Office: ERA Real Estate Links.
Experience MAINTENANCE-FREE living in the heart of Carmel! Completely updated 2BR (Office/Study in basement could be converted to 3rd bedroom), 2.5BA townhome within walk...
Listing courtesy of Trueblood Real Estate. Selling Office: F.C. Tucker Company.
BEAUTIFUL and meticulously maintained 4BR/2.5BA home in sought after AVALON of FISHERS! This move-in ready home has NEW paint throughout the main, a gorgeous FEATURE WALL...
Listing courtesy of Re/Max Complete. Selling Office: Rise Real Estate.
This incredible 2 BR+Den/2 Full Bath home has been meticulously maintained & is move in ready! Gorgeous Kitchen with granite countertops, breakfast bar, pantry, & S/S Kit...
Listing courtesy of Century 21 Scheetz. Selling Office: F.C. Tucker Company.
Fully updated, move-in ready home in sought after Spyglass Falls neighborhood in Fishers. Within walking distance to The Yard at Fishers District, IKEA, Portillo’s, and ...
Listing courtesy of Trueblood Real Estate. Selling Office: Realty World Indy.
Elegant & exceptionally maintained custom home on picturesque cul de sac .48 acre wooded lot* True custom finishes incl. tray clngs, crown & dental molding, fluted openin...
Listing courtesy of F.C. Tucker Company. Selling Office: CENTURY 21 Scheetz.
Amazing light in this ready to move in Carmel home in Plum Creek North. 6 bedrooms, 4 full baths, with lots of windows that bring in the picturesque view of pond, golf c...
Listing courtesy of Re/Max Ability Plus. Selling Office: Trueblood Real Estate.
This exquisite french country home could be right off the cover of "Veranda" Magazine! Located in one of Carmel's most sought after neighborhoods. This masterpiece of u...
Listing courtesy of Re/Max Ability Plus. Selling Office: F.C. Tucker Company.
Even in these crazy times, this home in popular Crossfields is worth taking a look at! Hard to find 1.13 acre lot with gorgeous in-ground pool with fabulous hard and soft...
Listing courtesy of F.C. Tucker Company. Selling Office: CENTURY 21 Scheetz.
Luxurious, practically brand new Townhome. This former model Townhome features open and airy floor plan with dramatic, sleek contemporary design throughout. You will be a...
Listing courtesy of F.C. Tucker Company. Selling Office: F.C. Tucker Company.
Enjoy this exceptionally maintained home, filled w/sunlit rooms & open flow concept. This home definitely delivers w/ a sensational 1st floor. Luxury vinyl wood floors, s...
Listing courtesy of Keller Williams Indy Metro Ne. Selling Office: F.C. Tucker Company.
Lovely 5BR/4BA 2-story in South Avalon. Step-in from the covered porch. Main-lvl offers Office w/French doors, Formal Dining rm, Great rm w/ GL FP, Kitchen w/Breakfast ...
Listing courtesy of Re/Max Complete. Selling Office: Non-BLC Office.
With nearly 3000 sq ft, this Everett, 4 BDRM 2.5 BA masterpiece in Windridge Chase certainly brings the flair to catch your attention. Open Floor plan concept, the Gourme...
Listing courtesy of Century 21 Scheetz. Selling Office: eXp Realty, LLC.
The Riviera features everything you need including large kitchen island with generous seating, two-story dining area, butler’s pantry and walk-in pantry, and flex room of...
Listing courtesy of Century 21 Scheetz. Selling Office: RE/MAX Complete.
Olthof Homes presents the Sonoma with a look out basement, 2.5 garage, and 12 x 12 wood deck. Grand two story great room with fireplace. Our designer kitchen includes whi...
Listing courtesy of Keller Williams Indpls Metro N. Selling Office: ERA Real Estate Links.
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