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FSBO on MLS

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  #16  
Old 01-29-2025, 09:28 AM
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I sold our last 2 houses on my own. I put them up on our community website and within a few hours I had multiple friends of residents wanting to see the house.
I heard horror stories from fsbo listers so I kept away from that. I didn’t respond to agents calling me to represent a buyer that I would have to pay 3%.
The buyer went to his closing company and got the forms for contract of sale and the disclosure form from his closing attorney. I asked for $50k down, no inspection and if he walked away I got to keep the money. Went smooth both times.
I sold another home over 40 years ago by putting a for sale sign In my front yard, no real estate person involved.
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Old 01-29-2025, 09:44 AM
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Used this company and everything went very smoothly.
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Old 01-29-2025, 03:37 PM
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Default Leverage for a Sale

You have to balance what seems most appealing to the buyer for a sale. If a 500k home pays 6% for realty commissions and that has to be calculated in, perhaps think of that 30 K as a reduction if you did FSBO. 30k reduction in price may bring in more buyers in than any realtor could?
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  #19  
Old 01-29-2025, 05:33 PM
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Never be forced into signing a standard boilerplate contract. Lots of fish in the sea. Negotiate.
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  #20  
Old 01-29-2025, 06:32 PM
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Default Not True

Quote:
Originally Posted by Normal View Post
You have to balance what seems most appealing to the buyer for a sale. If a 500k home pays 6% for realty commissions and that has to be calculated in, perhaps think of that 30 K as a reduction if you did FSBO. 30k reduction in price may bring in more buyers in than any realtor could?
People don’t pay 6% or even 5% for sales commissions anymore. Our Connecticut home sale was a flat 1.5 % for everything. We split the closing fees with the buyer.
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  #21  
Old 01-29-2025, 07:40 PM
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People don’t pay 6% or even 5% for sales commissions anymore. Our Connecticut home sale was a flat 1.5 % for everything. We split the closing fees with the buyer.
No, many who hire a realtor are paying a combined 6% with the sale of a home.
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