FISBO VS. FSBB

(For Sale By Owner or For Sale By Broker)

A FISBO property is a For Sale By Owner property. The decision to sell by owner is contemplated by many Sellers and some are successful, especially in a Seller’s Market where there is high demand and low inventory.

FIZZLE OR SIZZLE

FISBOS are faced with the questions such as what price do I list my house at? Where should I advertise? What are the real estate disclosure laws that I need to be aware of? The majority of FISBOS gets tired and frustrated with the process and end up listing their property with an experienced broker who specializes in their area, has a network of buyers and other brokers to market your property to and is a skilled negotiator.

WHAT SELLS HOMES

In order for a home to sell, the home must be priced right, qualified buyers must be shown the property and the buyer and seller must be able to negotiate successfully.

POWER OF THIRD PARTY NEGOTIATORS

Most residential homes are sold by real estate brokerage companies because selling your own home is not so easy. Many real estate agents make the same mistake of thinking they can sell their own properties because they know the real estate business and have more knowledge than other sellers. I recommend to my friends who are Realtors to at least co-list their properties with another Realtor, and pay them a small percentage for negotiating the transaction. The power of a third party neutral negotiator takes the pressure off buyers and sellers because emotions can run high during the negotiating process.

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