Author Topic: FSBO your experiences please  (Read 1310 times)

Maya

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  • Location: Canada
FSBO your experiences please
« on: December 29, 2015, 06:23:24 AM »
I'd like to list our house ourselves and save the fees, or likely share the savings with the buyer.

Can you please share your experiences selling, tips and tricks? How long your place was on the market?

Also when would you list? Planning to move for June and ideally will have the house sold by then. Quebec is funny in that a large majority of people move for July 1 so you have an influx of first time buyers looking for June/July possession date. We are definitely a starter home or a retirement downsize home.

MaikoTsumi

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Re: FSBO your experiences please
« Reply #1 on: December 30, 2015, 09:39:42 AM »
Unless your are in an area with a market bubble, where everyone is buying, FSBO doesn't make sense in most cases. 

The reality is:
1. You get less traffic to a FSBO
2. Those who do come are intelligent enough to know that you are saving the commission and will negotiate price based on that, eliminating your hoped for savings.
3. How long will you let it sit because FSBO's stay on market much longer than agent listed homes.
4. The longer your on the market, the more pressure you feel to lower the price, a good agent will price it right and know the prices to get a sale within your timeframe.