Five friendly advises from YaYa, The 5 Reasons Why you Mr. Homeowner should never ever Go for Sale by Owner (FSBO’S)

1.

FSBO’S sell for far less than realtor assistant sale.

A survey done every 18 month by the National Association of Realtors (NAR) indicated that the smallest differential between FSBO’S purchase price and assistant realtor sale purchase price was in 2006 were the FSBO’s transactions sold for 14% LESS than the assistant realtors transactions!

Asking why????  The answer is simple…it is all about the kind of buyers that FSBO’s is attracting! The buyers who are shopping for FSBO’S are the retail buyers, the investors!!! People who the dollar is more important to them than the home!! People who pay top dollar for a home, the home is more important for them than the dollar.

2.

FSBO’s do not know the contract!!

Investors are trained in special seminars how to write a contract as well as changing the contract in their favor while keeping the title “Standard Contract”.

3.

Physical safety and security issues.

People who are not always diligent regarding personal property are visiting FSBO’s on a daily basis. With YaYa as your listing agent, you guaranty that every one that will visit your home will be a pre-qualified buyer and accompanied with a license real estate professional.

Mr. FSBO’S, don’t you think that you owe this to your family and to yourself?!?

4.

Financial safety and security issue.

FSBO’S do not have Error and Omissions insurance! There is ZERO protection or cover for the FSBO’S after the transaction is closed!!!

 The law is in favor of the “Poor Buyer”. In North America around 90% of the litigations involve real estate is when the buyer comes back and sues the seller!!!

Mr. FSBO’S, can you see how this fact by itself can put your entire financial future in a risk????

5.

There is NO 3^rd party professionally negotiating on your behalf, Mr. FSBO’s !

You can be the best sale person but you are the seller, and seller wants to sale for more, while the buyer wants to buy for less…can you imagine placing them both in the same room for negotiation??? This is exactly the reason that most FSBO’S transactions most of time do not close.

Most of the times, the legit buyers will hire a real estate professional for free (in most cases the seller pays the BB commission). This agent will show the buyer properties which are on the MLS.

So Mr. FSBO’s, you are likely to attract the “Bottom Feeder” that according the NAR survey, mentioned above, is the investors who carry a history of paying for less than the highly motivated, highly qualified represented buyer.

So tell me Mr. FSBO’S,What is the advantage for you to sale your own home???????

Mr. FSBO’S, it’s NOT about how great is your home, or how enormous are your negotiations skills!!! The reasons why you will end up selling for less, is because of who are the type of buyer your home, as FSBO’S, attract!!!!