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For Sale By Owner - A Good Idea?

FSBO (pronounced fizz-bo), or For Sale By Owner, is a way of selling your home without the use of a professional real estate agent or broker. The idea behind FSBO is that by selling your home yourself, you save the approximate 6% that would be the agents’ commission.

6% may not sound like a lot, but it can add up, especially on more expensive homes. But before you run off and decide to sell your home FSBO, you must remember that to get a savings like that, there must be a cost. So what’s the catch? Selling FSBO is hard. A lot harder.

Only about 10% of sellers that decide to do FSBO are successful at it. And not all of them end up saving themselves money. FSBO sellers often end up accepting a lower price for their home than they would with an agent.

There are of course other issues as well. Can you afford to make selling your home your full-time job? Because for a lot of FSBO sellers, that’s exactly what it is. Do you have the time and capital to spend on the marketing, advertising, inspections, paperwork, phone calls, showings, and problems that come up when any home is sold?

Selling with a professional agent also has other advantages. An agent can get your home listed on the MLS (Multiple Listing Service) and other popular websites where not only homebuyers but also other agents can easily find it. Professional real estate agents also have an extensive network that allows them to more easily find a buyer.

So before you decide to sell your home yourself, thoughtfully consider just how much time and effort you can spare for selling your home, as well as how important it is that your home sell sooner rather than later.

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“Tanya Ruff is an excellent agent. She came recommended by a friend and I would recommend her in the future. She worked non-stop to keep me informed about the process. She took a lot of questions that I had and answered them promptly. Please let me know if I can write any more references for your company or her.” Thomas & Yuan Kisio
“Tanya Ruff was an absolute dream to work with and I consider her a new friend. She was very professional, honest and helpful to us during this process. We had a very bad experience in the past when trying to sell our house and Tanya made every effort to comfort us and relieve us of any fears/concerns. I hope we are here to stay, but I will definitely use and recommend Tanya in the future. Tanya (also) helped us look at a few properties and her knowledge and expertise was obvious. She helped us find our dream house we hope to live in for many years. She helped us list our house and buy a new house within 30 days of looking at the first property!! She is forever our hero and we are forever grateful!” Randy & Britany Schmidt
“We are very pleased and impressed by Tanya Ruff. She is efficient, offered advice only when asked, and was willing to show us a variety of properties in different locations. Tanya is extremely professional. When we needed anything done, she got it taken care of right away. She’s a credit to your organization. We highly recommend her.” Jeff & Jan Harris
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