FOR SALE BY OWNER | 14
TIME TO LEARN
You’ll have to spend a lot of time educating yourself
on the process of selling a home, the current market,
advertising methods, and working with potential buyers.
LACK OF EXPERIENCE
When the FSBO sign goes up, the parade of the
unqualified curiosity-seekers begins at all hours of the
day and night. Window shoppers and “lookie-loos” are
not serious about looking for a home but actually use
it as a form of entertainment or as a hobby looking for
decorating ideas.
SAFETY
Security is a major issue when selling your home by
owner. A “For-Sale-By-Owner” sign is an invitation to
strangers to wander through your home. People will
arrive at your home, eager for their own reasons, not all
of which are honorable.
“Mistakes may cost you the money
you’re trying to save.”
8%
of total home sales in 2016 were
FSBO. This percentage has been in
steady decline since 1981. 1
25% less is the average a FSBO home will
sell for versus a home that sold with
the assistance of an agent or broker. 1
50% of FSBO sellers knew the buyer either
as a friend, relative or neighbor. 2
Tyler Minges, HUFF Realty | SELLER’S GUIDE TO REAL ESTATE