About FSBO
  BUYERS
  Search Properties
  by Area
  by Price
by Open Houses
by Map
Buyer's FAQ
 
  SELLERS
  List Your Home
  Pricing
  Equity Calculator
  Seller Login
  Seller's FAQ
  RESOURCES
  About FSBO
  Buyer Information
  Seller Information
  Service Directory
  Real Estate Articles
  FSBO Books
  Web Links



FSBO pronounced FIZZBO means "For Sale By Owner." Typically, owners advertise their properties by means of a website, yard signs, classified ads, word of mouth, and other means without the help of a real estate agent.

REASONS WHY LISTING YOUR HOME "FSBO" MAKES SENSE.

Big Savings

With real estate commissions as high as six percent of the selling price the average homeowner takes a beating when listing with a broker. Suppose you're selling a $240,000 home on which you owe $198,000. You expect to realize $42,000 in equity.

240,000   - selling price
-198,000   - left on mortgage
42,000   - equity

Of course, if you list with a broker who charges six percent commission he'll take it off your selling price, not your equity. You'll pay $14,400 in commission.

240,000   - selling price
x 0.06   - % commission
14,400   - commission cost

Now your equity is $27,600 and you haven't paid your closing costs!

14,400   - realtor's® commission
÷ 42,000   - initial equity
0.34   - realtor's® percentage of your equity

Your realtor® just walked away with almost 35% of your equity. See our equity calculator and you can plug in your particular situation to get a feel for what you will be saving.

Less stress

One of the major advantages of selling a home for sale by owner is that you can set your schedule. You know when potential buyers will be coming to check out the place, and can allot time to prepare accordingly.

You're the ideal agent

Who knows your home better then you? You can point out benefits and answer any questions that the buyer may have. A well maintained, fairly priced home will virtually sell itself. It's your job to provide the additional information.

You're in charge

Selling FSBO means you're in control of all major decisions, including where and how to advertise, scheduling showings at your convenience, and even taking your home off the market for a time if necessary. Most importantly, you can deal with potential buyers yourself. There is none of the frustration that can result when a seller feels that the agent is "not doing enough." And you aren't obligated to a three, six, or 12-month contract-you make the rules!

Modified from the original by permission of FSBONM.com.
©2006 - 2008 by FSBO Volusia, Inc. All Rights Reserved. Toucan Design Graphics. FSBO Site Design.Terms of UsePrivacy Policy