Why Most For Sale By Owner (FSBO) Real Estate Sales Cost Sellers Money
By Associate Broker Falmouth MA Cape Cod Heath Coker, Heath Coker Berkshire Hathaway HS Robert Paul Prop
(https://teamcoker.robertpaul.com)
Why Most For Sale By Owner (FSBO) Real Estate Sales Cost Sellers Money(See yesterdays post for the reasons in favor FSBO.)Many homeowners consider For Sale By Owner, known as FSBO, to save on commissions. However, strong evidence from recent years shows this approach often leads to lower final profits and added stress.FSBO homes typically sell for significantly less than homes listed with experienced agents. National data indicates FSBO properties sell for $50,000 to $65,000 lower on average, even after skipping the commission. On a $400,000 home, this gap more than cancels out any commission savings. The main reasons include incorrect pricing, weak marketing, and limited buyer reach.FSBO listings usually miss full access to the Multiple Listing Service (MLS). This means far fewer buyer...
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