Are You Ready To Be a FSBO in the Fremont Real Estate Market?

Some sellers believe that all there is to selling a home is to throw up a sign, run a few ads, and presto, buyers will appear by the bus load. I am here to tell you-that is not usually how it happens. In some cases, sellers in the Fremont Real Estate market may be forced to attempt to sell their home themselves, without utilizing the service of a professional realtor.

This type of situation may occur when sellers have very little equity because they have owned the home for a short time or because home values have taken a sharp dive.

For the most part, sellers choose to try to sell their own home to save the (are you ready for this) commission. There I said the dirty "C" word.

For years now, statistics have shown that the average FSBO actually nets less than if owners had listed and sold at actual market value utilizing the services of a professional realtor. Remember that over 85% of buyers looking for a home go to a realtor.

Most buyers who look at FSBO properties are doing so because they want a deal. Many of these same buyers in the Fremont Ca Real Estate Market are sophisticated enough to know that if sellers sell their property themselves, they will save the "commission".

These same buyers probably will find out how much comparable homes are selling for in Fremont and ask the owners to reduce their price by 6-7 percent to compensate for the lack of commission.

So sellers set out to save a commission and end up dealing with a savvy buyer who asks them to reduce the price thus negating what they set out to accomplish in the first place.

Sellers in Fremont using the FSBO approach lose the advantage of having a third party objectively and not emotionally attached to negotiate on their behalf.

Be watching for Part Two of the story. If you have been trying to sell FSBO and are pulling your hair out, maybe it's time to call in a professional. If you want some no nonsense advice on what you can do to increase your chances of being a successful FSBO, visit ClydeBrownHomes.com

There is a lot of free information available to you about buying, selling or investing in Fremont real estate. For complete information about the Fremont Ca real estate market including current Fremont homes for sale, property values and more please visit the most complete website dedicated to everything Fremont real estate related.

If you or someone you know are in need of a competent and caring Fremont real estate agent in or near Fremont Ca, I hope you will contact me.