Tag Archives: FsBO

Money Monday: Should you sell your house with a Realtor or on your own?

Many homeowners decide to sell their home without hiring a Realtor. Does listing your home with a real estate agent or listing it as a For Sale By Owner (FSBO) make more sense?

Well, the CALIFORNIA ASSOCIATION OF REALTORS believes that homesellers going the FSBO route will spend more time trying to make a sale, and end up with a lower selling price than if they had used a real estate agent — and they have some statistics to back them up.

Take a look at their infographic below, and if you are selling and would like a Realtor to do the job for you, give me a call! I’m here to help you get your home sold! John A Silva, (619) 890-3648

reasons to hire a Realtor

This infographic is from the CALIFORNIA ASSOCIATION OF REALTORS.

BEWARE For Sale By Owners!

Year after year, the statistics show that For Sale By Owners or FSBO’s make less money year after year after year than selling with a seasoned Real Estate Agent.

Nationwide the statistics are staggering.  While being the average of selling for 20% less than a Real Estate Agent with the nationwide example from a recent article from Realtor.Org, it obviously doesn’t make sense to take this much of a loss.  With the exception of FSBO selling to a close friend or family member for a discount based on property not being in good condition, this would be the only exception not to do anyone else favors.

For all you out there contemplating or in the process of selling on your own, this would be the single most valuable advice you could ever read.

For a free accurate evaluation of your home, I can be reached at 619-890–3648.  Thank you!  John A Silva, Berkshire Hathaway, San Diego, CA.

Read more on the statistics for selling your home on your own here: http://economistsoutlook.blogs.realtor.org/2018/07/09/selling-your-home-solo-to-save-money-youll-actually-make-less-than-you-think-2/