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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.
"With Jennifer, you are putting your real estate transaction on autopilot, Calling somone else is just a waste of your time, and money."Tim Petzold
“Jennifer provided excellent service as a real estate agent. When I first met her, I gave her a long list of minimum requirements for the house that I wanted. On our first day visiting houses, it was the very first house that ended up being the house that I chose, although all seven that we looked at met all my requirements. Jennifer did a tremendous job throughout the entire process and I will definitely work with her again on my next home purchase.”Richard Wood
"Jennifer is a fantastic real estate agent in Austin, Texas. I have used her services several times and she has always worked with the highest integrity, as well as my best interests. I recommend her to list your home!”Kathleen Evans
"As a licensed Broker, I concentrate on building homes and managing my portfolio. We hired Jennifer to list our personal luxury home and she sold it in less than 24 hours."Steve Spada, Broker