Friday, September 09, 2005

I Love For Sale By Owner

I love it when a home owner attempts to sell on their own. No really, I do. Most of the time, the home owner will eventually engage the services of a professional Realtor. (If you want to engage the services of a professional Realtor, please e-mail me.) The fact is that most "For Sale By Owner", or FSBO's don't sell.

Why is the failure rate so high? While there are number of factors, it is usually because the home is not correctly priced for the market. Many home owners believe their house to be worth more that it really is. Consider that a Realtor has access to just boodles of data about other houses in the same market. We use this data to accurately price a home when we place a listing. If a home is just a little bit over the market price, then a surprising large number of prospective buyers will not even consider looking at the property. Even if a price of a home is subsequently lowered, the 'buzz' for the property has already passed. It is far better to have the property correctly priced from the beginning.

I'm going to make an offer to anyone considering going the FSBO route (or currently is a FSBO). I'll prepare a complete market analysis for your property to assist you in setting the best asking price for your home. All I ask is two things in return. First, provide me with the names and numbers of any buyers that view your home, but don't buy it. Second, when you subsequently engage the services of a professional Realtor, allow me to present the services I can provide.

If you want to take me up on my offer, then please visit my website now or send me an e-mail.

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