FSBO? Are You REALLY Ready To Sell Your Home Yourself?
Everybody likes the idea of a little DIY. Whether that means unclogging your own sink drain or putting in a few shelves in your pantry, there’s a lot of satisfaction that goes along with doing it yourself. Maybe this is why homeowners often seriously consider selling their homes on their own. Although going FSBO has the potential to save a few bucks, there’s a lot to know before jumping in. What is a FSBO? In real estate agent speak, “Fiz-Bows” are homes that are being sold and marketed by their owners; it’s short for For Sale By Owner. These sellers may negotiate with Buyer’s Agents to sell their house, but more often negotiate with the buyer directly. This buyer is either someone that the seller knows or it’s a complete stranger who called off of some kind of advertising for the home in question. As you might imagine, this situation is just peachy until it’s not. A Few Points to Ponder Before Going FSBO The decision to sell your home yourself is not one that you