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• May. 19, 2008 - The New Meaning for the Abbreviation FSBO

Failing Sellers Bring “0
Perhaps there was a time that hopeful home sellers could buy a For Sale sign and put it out in their front yard and start fielding the inquiries and offers on their home. However; this is not the market for sellers to go it alone no matter how savvy or experienced they may be! With the abundance of inventory of very nice properties currently on the market, the competition is FIERCE! The notion that in this market Sellers need to save paying commission to a REALTOR® is in my opinion ill-advised to say the least. 
 
Today’s market demands that each property be shown at its optimum. A REALTOR® can give you ideas on potential improvements or minor alterations to your home that can use your dollar in the most effective manner and make your home stand out from the pack. 
 
Pricing competitively from “Day One” is integral. Now is not the time to go on a fishing expedition! If you are a serious seller, get serious about your asking price. A REALTOR® can provide you an up-to-date market analysis to get you out there with a viable asking price.
 
Advertising and Marketing. Local Multiple Listing Services get agents in your area aware of your home. Exposure on websites and in trade publications and other marketing tools would be very expensive for an individual to tackle alone. Remember that your listing agent doesn’t get paid until they get your home SOLD. 
 
Negotiation Process. Selling your home is stressful enough without having to attempt to haggle with prospects. It is wise to have an outside party to be your arbitrator and defender for your best interest. Remember a REALTOR® works for you and only gets paid if your home closes.
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? May. 19, 2008 - RE: The New Meaning for the Abbreviation FSBO

Posted by Angie Ridley

"Unrepresented Sellers" equal lawsuit.  An attorney recommended we, agents, quit using "FSBO"  and call these sellers what they really are, "Unrepresented Sellers".  I thought that was a good statement.

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