Saturday, August 20, 2011

For Sale By Owner and Naples Real Estate

For sale by owner or FSBO motivations are usually different from that of Realtors. Many sellers prefer to go it alone avoiding Realtors and and try the FSBO route sometimes to maintain control, and sometimes because they could not find the right Realtor after several attempts. However, the statistics show that many FSBO's fail to sell. Why? First and probably the most common is PRICE. Sellers don't know how important pricing real estate is in the process of entering the "Naples for sale" market. Most FSBO sellers think that testing a higher price is the first step because they can always reduce price later. In essence, they prolong the entire sale period, and mistakenly lead buyers into caution when ssubmitting an offer. Second, the buyers that make offers to FSBO's are mostly bargain hunters looking for a good deal. FSBO sellers are not saving 6% because buyers already factor that Realtor commission savings into their offers. MOST IMPORTANT, most serious buyers are looking with a Realtor. And that brings me to the most important point: As a Realtor, would you show clients FSBO properties... of course not, how would you get paid?? Some of the more savvy FSBO folks have a little sense and advertise (cost $$) that they cooperate with Realtors, and there goes 3%. In the end if you save 1% consider yourself lucky. Now balance the 1% Realtor commission savings against the risk of failing to produce a buyer and selling below market. NOT WORTH IT! So my rant is finished and I hope I have helped some clear the mind of this FSBO foolishness and instead call us toll-free for help and advice at 877-832-6173. We look forward to it.

Source: http://www.trulia.com/blog/Team1RealEstate/2011/08/for_sale_by_owner_and_naples_real_estate

mars jason momoa man of steel man of steel pauly d pauly d aaliyah

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