We are trying to sell our home by owner. Our next door neighbor sold his home within 2 weeks with an agent at about 10,000 dollars lower than his asking price. Our home is younger than his and a bit smaller. However, we have more upgrades such as marble flooring and hardwood and stained grade mouldings and trim. The home is in move in condition. We are pricing our home at $10,000 lower than our neighbor’s asking price and expecting to negotiate. Also, we have welcomed Buyer’s Agents and offered them a commission. We have advertized on FSBO.com( with slides and a virtual tour) the New York Times on line, Yahoo Real Estae (both linked to FSBO.com) and local and out of county papers. Over 20 people have come for a walk through. We have had about 25 broker’s come also. The lot and home are in excellent condition!

FSBO - Signs

The Realtor who was our buyers agent for our house knows that we need to move (relocate out of state for a new job for my husband) and that we don’t have lots of “extra” money to have to bring to the table at closing, so he suggested that we do “For Sale By Owner” and then to let him know if we get anyone interested and that he could help us that way for “a lot less” - any thoughts? See any problems with this or is it a blessing in disquise?

FSBO - News