Re: Has anyone tried For Sale by Owner on a house?
In a sellers market FSBO works great especially if you are in a desirable location.neighborhood. However the market we are in today is VASTLY different......WE have been trying to sell our house in N Va for the past couple of months using HELP-U-Sell which is an agent and participates with cooperating agents (3%) and the listing is on MLS, realtor.com, lock-box, etc. All I do is show the house during Open houses. My agents fee is a flat $4950 upon closing...so if I find the buyer it cost me $4950.....if another agent find the buyer its 3% of sales price plus $4950.
We are finding in todays market you really need a full time agent who works your area to bring you a potential buyer who is fully qualified for a loan. So many people come by but they need to sell another property which we prefer no contingent sale in order to move on. Otherwise its pure luck and we have been close twice but still no contract!
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