FSBO – For Sale, But Onerous

Selling your own home might sound like a good idea at first, but many sellers quickly realize they’ve gotten in over their heads or may have sold their home for much less than they would have had they worked with a Realtor.

The 2008 NAR Profile of Home Buyers and Sellers found that two-thirds of "For Sale By Owner" sellers found some aspect of the home sale to be difficult.

Twelve percent of sellers who knew the buyer thought that getting the price right was the hardest task. Among FSBO sellers who didn’t know the buyer, 16 percent found it difficult to sell within the time planned, 15 percent found fixing up the home arduous, and 12 percent found it difficult to get the price right.

 

(Exerps from NAR, April 2009)