For Sale by Owners

First, if you would like to attempt to sell your house on a For Sale by Owner basis and you just want some free advice, give us a call. We would be more than glad to give you some valuable free information. We also have some valuable information on this page we would like to share with you.

Did You Know?

The typical FSBO house sold for, on average, 13.4% less than agent-assisted house sales.

This really is the key. At RSVP Real Estate, we know that home owners who decide to sell their house themselves do so because they do not want to pay a high commission. Home owners who go through all of the work and expense of trying to sell a house themselves are not doing so for the fun of it. Let’s face it: selling a house is an involved process. There are so many things one must do in order to sell a house, such as advertising, creating flyers, getting signs, holding an open house, finding a real estate attorney, negotiating a contract, finding a title company, and the list goes on and on.

Today, you have an option to work with a brokerage who understands your need to avoid all of the hassles, while at the same time not asking you to pay thousands. At RSVP Real Estate, our Listing fee is less than ½%. You even have an opportunity to save 50% of the selling office commission that goes to the buyer’s agent. We can demonstrate how you can avoid all of this work, and how we can net you more money than you can selling your house yourself. Call 425-462-1487 or 425-941-0060 for details.

Some interesting data ....

Most Important Reasons for Selling House as FSBO

1. Did not want to pay commission fee: 61%
2. Sold it to a relative / friend / neighbor: 17%
3. Buyers contacted seller directly: 9%
4. Did not want to deal with an agent: 6%
5. Have your own real estate license: 2%
6. Agent was unable to sell house: 2%
7. Could not find agent to handle transaction: 1%
8. Other: 2%

Most buyers come either from the MLS or the Internet. Over 76% of buyers today start their search for a house on the Internet. Yet the #1 method used by FSBO’s to market a house is a yard sign. At RSVP, all of our Listings are added to over 100 web sites.

Method Used by FSBO Sellers to Market House

1. Yard sign: 63%
2. Newspaper advertisement: 44%
3. Open house: 33%
4. Friends / neighbors / relatives: 25%
5. Internet: 24%
6. Direct mail (flyers, postcards,etc.): 6%
7. For-Sale-By-Owner magazine: 6%
8. Television: 1%
9. Other: 9%

Source: March 2003 survey by NAR of Home Seller & Buyer Profile.