Real Talk: Here’s Why FSBOs Fail
In 2018, 91% of home sellers worked with real estate professionals to sell their home, which is consistent across all age groups. And, only 7% of home sales were marked as FSBO. At the end of the day, selling your house on your own is not the best option for most people. A FSBO sale may work for you if:
- You are in an extremely low inventory seller’s market and you know your house will sell immediately for whatever you price it at.
- You already have buyers in mind, whether they are friends, neighbors, or people eager to purchase a home. Even then, that’s a lot of paperwork to navigate on your own.
But it’s hard to deny the benefits of working with a good real estate professional. Top agents have massive local networks to spread the word about your listing, market knowledge out the wazoo, expert negotiation skills, and experience selling homes for the highest price. With so much money on the line, why wouldn’t you bring in a professional to help manage all the details?