6 Items to Consider Before Listing Your Home FSBO

For many people looking to sell their home, the idea of selling their home FSBO (For Sale By Owner) comes up as an option. Before you putting that FSBO sign in your front yard, here are six items to consider when it comes to selling your home.

2. FSBO Homes on Average Sell for 26% less than with a Licensed Realtor - Many list FSBO with the goal to save money and skip agent commission fee. It turns out that FSBO homes are actually missing out on major $$$. On a $100,000 home, that equals an additional $26,000.

3. Many FSBO Sellers Still Pay Commission - The majority of FSBO sellers still have to pay 3% in real estate commission for the agent who brought in a willing buyer.

4. 46% of FSBO Sellers don't Market their Home - When listing your home with an Oakridge Agent your listing is published onto 200+ websites and multiple social media accounts. In today's market, not marketing your home isn't a strategy to for a successful sale.

5. 25% of FSBO Sellers Rely on Yard Signs - Over 80% of homebuyers are looking for a home online. Only relying on yard signs for exposure is a major missed opportunity for potential buyers.

6. FSBO Sales Only Make up 8% of all Home Sales in the US - Selling a home is a complicated process and can be stressful. With new real estate regulations, better ways to save when you sell, and access to a larger pool of buyers, there is a reason that the vast majority of sellers choose to use a licensed Realtor.