(Closed) For sale by owner?

posted 7 years ago in Home
Post # 3
2066 posts
Buzzing bee

I don’t have any experience doing this, but a couple that has a popular blog just sold their house by owner and posted quite a bit about the process.  The blog is young house love.


Post # 4
4137 posts
Honey bee
  • Wedding: May 2011

i was also going to recommend younghouselove.com! they sold their house in december.

Post # 7
392 posts
Helper bee
  • Wedding: June 2011

We are selling with a realtor because we’re in bofu egypt, but we’ve been looking on http://www.forsalebyowner.com for a new house and it seems super informative.  If we were centrally located to anything we would have tried it.  =)

Post # 8
4824 posts
Honey bee

There can be a downside to selling by owner

You dont know how to really price the property (due to inexperience or emotional attachement) causing it to not sell because its too high, or too low because you dont know how to negotiate well (or you started too low)

A lot of brokers have deals with the places you would advertise and it can cost you a lot more money than it costs them (Ie newspapers, internet sites, printed signs) and you may advertise less meaning you get less exposure

As a buyer they tend to not trust a FSBO property as they do one with a broker so they are willing to pay less.

Not saying these apply to you or everone, just some things to consider.

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