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Connie Byers
REALTOR®, Associate Broker
(804) 869-3314
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5 Reasons You Should Not FSBO (For Sale by Owner)

  1. THERE ARE TOO MANY PEOPLE TO NEGOTIATE WITH
    • The buyer who wants the best deal possible
    • The buyer’s agent who solely represents the best interest of the buyer
    • The home inspection companies which work for the buyer
    • The appraiser if there is a question of value
    • Your bank in the case of a short sale

  2. EXPOSURE TO PROSPECTIVE PURCHASERS
    Recent studies have shown that 88% of buyers search online for a home. Most real estate agents have an internet strategy to promote the sale of a home. Do you?

  3. RESULTS COME FROM AGENTS AND FROM THE INTERNET
    Where do buyers find the home they actually purchased?
    • 38% from an agent
    • 37% on the interent
    • 11% from a yard sign
    • 8% from a friend or relative, knew the seller or from a builder
    • 2% from the newspaper

  4. FSBO HAS BECOME MORE DIFFICULT OVER THE YEARS
    The paperwork in buying and selling have dramatically increased as industry disclosures and regulations have become mandatory. This is one of the reasons the percentage of people FSBOing has dropped from 19% to 9% over the past 20 years.

  5. YOU NET MORE MONEY WHEN USING AN AGENT
    Many homeowners believe they willl save the real estate commission by selling the home on their own. Realize that the main reason buyers look at FSBOs is that they also believe they can save the real esate commission. The seller and the buyer can’t both save the commission. Studies have shown the typical agent is likely to get as much as $27,000 more for a home than an FSBO. People are more likely to FSBO in markets with lower price points, so this does not mean you will get an extra $27,000, but it does show selling on your own might not make sense.

    Source: Keeping Current Matters
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/11/2022. The listing information on this page last changed on 08/11/2022. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of CVRMLS (last updated Thu 08/11/2022 1:07:52 AM EST) or Bright MLS (last updated Thu 08/11/2022 12:54:27 AM EST). Real estate listings held by brokerage firms other than Joyner Fine Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. --

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Agency License Information: Joyner Fine Properties and its agents are licensed in the Commonwealth of Virginia.


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