This "seller" wanted to put out the word that he would take $XXX,XXX for his house and even hold the mortgage. If I had a buyer, please bring them by to take a look. I have a couple of concerns with these types of FSBOs.
First, your home is no different than many in the MLS system already. Actually, your $XXX,XXX price is too high. There are several competitor properties listed that are priced more attractively and in more desirable locations.
There is a lot of work that goes into selling a home these days. Selling your home as a FSBO is the right move for some folks. If you have the experience, time, availability to show your home, and other resources, I applaud your efforts.
But, by taking on a case like this I end up working "both sides of the transaction." Actually I would be representing my client, the buyer as I am a buyer's agent in this situation. More importantly, real estate transactions can be complex. That is the reason buyers choose a real estate professional to represent them. For this same reason most sellers choose representation.
Who will represent you?
This is a buyer's market. The competition is keen. Your price must be in the range for similar properties. Your marketing efforts need to be more than just calling a real estate agent and telling them about your house.
Selling in this market requires differentiation. Selling in this market requires exposure - more than a phone call! Selling in this market is easier with representation.
If you are considering selling your home in the Rockledge, Viera and Suntree areas, give me a call to see how I may assist you. If you are a FSBO and have a question, let me know. If you are considering buying a home in the Brevard County area, call me, please. As a buyer you do not pay your real estate agent...the seller does! If you are a first-time homebuyer and have questions, I would be happy to address your concerns.
Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Melbourne, Florida.