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.
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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!
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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.
Robert Haynes
317-250-7213
Brand new, low-maintenance Lennar Townhomes, walking distance to the monon trail. Carmel Clay Schools & Monon Access within community! Smart Home wired with Alexa voice-c...
Listing courtesy of CENTURY 21 Scheetz. Selling Office: Murphy Real Estate Group, Inc..
Fantastic opportunity in the Bristols in Fishers - move in ready 2000+ sq ft home boasting 3 bedrooms and 2.5 baths. Fresh paint throughout and new carpeting upstairs. ...
Listing courtesy of Keller Williams Indpls Metro N. Selling Office: F.C. Tucker Company.
It's the best of both worlds. Not often can you find a property close to Downtown Carmel, the Monon Center and Central Park on a partially wooded lot, with mature Trees, ...
Listing courtesy of Keller Williams Indy Metro NE. Selling Office: F.C. Tucker Company.
Updated two-story in great Fishers location w/ fin bsmt, screened porch & fully fenced yard! New LVP flooring thruout mn lvl! Contemporary front door opens to wide entry ...
Listing courtesy of Keller Williams Indpls Metro N. Selling Office: Encore Sotheby's International.
MOVE OVER HGTV! If tasteful decor, upgrades galore and a meticulously maintained ranch condo are what you are after, THIS IS IT! Any chef will be delighted in this sparkl...
Listing courtesy of CENTURY 21 Scheetz. Selling Office: F.C. Tucker Company.
Fabulously Updated Open Concept Home in Highly Desirable Plum Creek Farms Golf Course Community.! This house features a 2 story family room, high windows that offer tons ...
Listing courtesy of F.C. Tucker Company. Selling Office: Highgarden Real Estate.
This beautiful Pyatt home in desirable Carrigan at the Levee is ready for new owners! You will absolutely love this location which is a short walk from Morse Reservoir & ...
Listing courtesy of Above & Beyond Realty. Selling Office: F.C. Tucker Company.
Newly renovated home in popular 'The Pines' neighborhood in Fishers. Great 2 bedroom ranch with 2 car garage. Kitchen offers newer appliances + Bosch dishwasher. Great ro...
Listing courtesy of Encore Sotheby's International. Selling Office: Keller Williams Indpls Metro N.
This spacious two story home includes 4 bedrooms, 2.5 bathrooms and a first floor den/office that would make a perfect guest room or in law suite. The kitchen features a...
Listing courtesy of CENTURY 21 Scheetz. Selling Office: F.C. Tucker Company.
This move-in ready 3 bd house sits on a quiet street in the highly sought-after Sandstone Meadows neighborhood. Inside you will find new carpet, fresh interior paint, SS ...
Listing courtesy of The Extra Mile Realty, LLC. Selling Office: F.C. Tucker Company.
Everything you have been looking for! Mature trees, large .53 acre lot, cul de sac, and tons of storage w/ a 3 car garage and large storage shed. This home offers 4 bdrm...
Listing courtesy of Carpenter, REALTORS®. Selling Office: Trueblood Real Estate.
Hardly a better place to be in the center of the Village of WestClay. This lock & leave townhome has functionality, style & nice features. 3 bedrooms with 2 of them being...
Listing courtesy of eXp Realty, LLC. Selling Office: eXp Realty, LLC.
Model suburban living is available now North of Indianapolis in this beautiful 2-bd, 2-ba, 1900+ sqft condo. Located in Fishers, this home is just minutes from I-69 and o...
Listing courtesy of F.C. Tucker Company. Selling Office: Fathom Realty.
Welcome home to your meticulously maintained home in Anderson Hall of Fishers!Soaring 2-story foyer & new luxury laminate floors await!Convenient large front office w. gl...
Listing courtesy of CENTURY 21 Scheetz. Selling Office: Carpenter, REALTORS®.
2 story foyer, w/ office on one side(cherry built-ins!) & dining rm on other. Open floor plan, dual staircase. Spacious nook off hearth rm-lots of natural light! 2 sided ...
Listing courtesy of eXp Realty, LLC. Selling Office: Keller Williams Indy Metro NE.
2 Bed/2 Bath+ Large Flex room that can be used as a third bedroom(no closet). Vaulted ceilings in living room and master bedroom. Eat in kitchen features plenty of cabine...
Listing courtesy of eXp Realty, LLC. Selling Office: HIVE Realty Group.
Enjoy privacy all around with this 4 bedroom, 2.5 bath home in Popular Haverstick. Enjoy extra space in the FULL FINISHED basement with three large areas for your recrea...
Listing courtesy of One Great Realty LLC. Selling Office: Circle Real Estate.
This Talbott II C floor plan is an END UNIT with a gas fireplace and has a modern open concept kitchen with a large island and 42’’ cabinets. The great room and dining ro...
Listing courtesy of Compass Indiana, LLC. Selling Office: F.C. Tucker Company.
Beautiful Completely Renovated Home in Prime Fishers Location. Fully Renovated and Immaculate Throughout. Newer Gourmet Kitchen w/Quartz Countertops. Newer Flooring Thr...
Listing courtesy of eXp Realty, LLC. Selling Office: Trueblood Real Estate.
A rare find in Carmel, this home has been remodeled from top to bottom & the new contemporary architecture & design will captivate you! This home features a 20+ foot ceil...
Listing courtesy of Redfin Corporation. Selling Office: CENTURY 21 Scheetz.
Beautiful ranch home with 4 BR, 3 BH, and a finished walk-out basement is located in the highly desired Spyglass community. The house sits on a 0.27-acre premium lot with...
Listing courtesy of Vylla Home. Selling Office: Compass Indiana, LLC.
Don't miss out on this 4 bed, 2.5 bath gem in Weaver Woods! This home has an open first level floorplan. Kitchen is updated with granite countertops and stainless steel a...
Listing courtesy of Trueblood Real Estate. Selling Office: Victory Realty Team.
Custom Ranch in desirable Sagamore! Stately brick exterior, lush w/landscape creates a pristine curb appeal! Charming foyer appointed w/gorgeous trim flowing throughout t...
Listing courtesy of F.C. Tucker Company. Selling Office: eXp Realty, LLC.
Looking for new, but you don't want to wait for the long construction process? This newly updated home with large fenced-in backyard in popular Sandstone Meadows may be y...
Listing courtesy of F.C. Tucker Company. Selling Office: F.C. Tucker Company.
Beautiful, spacious custom home in popular Foster Estates! New Hardwood Flooring throughout main floor! 5 BR, 5 Bath, LR/DR, Sunroom, Office, Finished Basement, Private Y...
Listing courtesy of CENTURY 21 Scheetz. Selling Office: F.C. Tucker Company.
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