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JasonG · 06-23-2013, 10:35 PM

I have successfully sold and purchased two FSBO's myself and with zero problems. Basically you need to make sure you can get our of your comfort zone by doing something that isnt the norm.

In my first one, I sold a $ 330k home in NH. The buyer had and agent, and we agreed on a $5k commission, which I thought was fair. I found the agent understood my lack of knowledge and would work with me. The second one I was the buyer, no agents on either side. The title company helped us take every step too.

It is not for everyone, but as a business owner and someone whom is not risk averse, I would do it in a heartbeat again.

You really need to market the house thought. Find a service that will get you on the MLS system, which is what all agents use. I originally used ISOLDMYHOUSE.com and they charged a few hundred to get on the MLS. As my home was rural at the time, I found this to make the difference. Craigslist is a must, too and check out HotPads.

Basically you need to do everything you agent does as far as marketing and showing your home. A tad awkward when you tell a potential buyer to look at your house while you are around. Perhaps have a friend show it or just let them in and go for a walk. Be a sales person, basically. The title company has attorneys that will make sure everything is ok.

So if you are not afraid of learning and will market it yourself and put the effort in, you will come out ahead. The title company and banks will make sure all happens well.

Good luck!

06-23-2013, 10:35 PM	#6
JasonG Senior Member Join Date: May 2006 Posts: 310 Thanks: 48 Thanked 45 Times in 33 Posts	I have successfully sold and purchased two FSBO's myself and with zero problems. Basically you need to make sure you can get our of your comfort zone by doing something that isnt the norm. In my first one, I sold a $ 330k home in NH. The buyer had and agent, and we agreed on a $5k commission, which I thought was fair. I found the agent understood my lack of knowledge and would work with me. The second one I was the buyer, no agents on either side. The title company helped us take every step too. It is not for everyone, but as a business owner and someone whom is not risk averse, I would do it in a heartbeat again. You really need to market the house thought. Find a service that will get you on the MLS system, which is what all agents use. I originally used ISOLDMYHOUSE.com and they charged a few hundred to get on the MLS. As my home was rural at the time, I found this to make the difference. Craigslist is a must, too and check out HotPads. Basically you need to do everything you agent does as far as marketing and showing your home. A tad awkward when you tell a potential buyer to look at your house while you are around. Perhaps have a friend show it or just let them in and go for a walk. Be a sales person, basically. The title company has attorneys that will make sure everything is ok. So if you are not afraid of learning and will market it yourself and put the effort in, you will come out ahead. The title company and banks will make sure all happens well. Good luck!