Navigating FSBOs: What Buyers and Sellers Need to Know
Whether you're buying your first home or considering selling one yourself, you've likely seen the term FSBO: For Sale By Owner. It sounds simple enough: skip the agent, save the commission, and handle the sale directly. But before diving in, there are a few things every buyer and seller should understand about FSBO transactions… and how I can still help you along the way!
What is a FSBO Exactly?
“For Sale By Owner” means the homeowner is choosing to sell the property without hiring a listing agent. On the surface, it may seem like a cost-saving strategy… but there are some common misconceptions about how FSBO deals actually work.
If You're a Buyer Looking at a FSBO...
As a buyer, you can (and should!) still have your own agent… even when the seller doesn't. Think of it this way: the seller is looking out for their best interests. You deserve someone doing the same for you.
Here’s how I can help buyers during a FSBO transaction:
Researching fair market value so you don’t overpay
Writing and negotiating the offer in a way that protects you legally and financially
Coordinating inspections, appraisals, and closing timelines
Handling paperwork to avoid costly errors
Communicating directly with the seller or their attorney, so you don’t have to stress about the back-and-forth
Even in a FSBO sale, the seller often agrees to pay a buyer’s agent commission… it’s just negotiated differently. So don’t hesitate to bring an agent with you when viewing a FSBO property!
If You're a Seller Considering FSBO...
Going the FSBO route can feel empowering… but it’s also a big undertaking. You’ll be responsible for pricing, marketing, showings, negotiations, legal documents, and coordinating the entire closing process. That’s a lot of hats to wear.
Here's how I can support FSBO sellers (yes, even without a full listing agreement):
Offering a pricing consultation to help you avoid underpricing or overpricing
Acting as a trusted advisor when questions pop up because they always do
I’m here to help… not pressure you. Sometimes you just need someone in your corner that knows the process.
A Local Resource, No Matter What
I understand that everyone’s situation is different. Some sellers want full-service representation. Others just need a little support. Some buyers feel confident going solo. Others prefer to have someone at their side the whole way. Whatever your comfort level, I’m happy to meet you there!
Whether you’re:
Buying a FSBO home
Selling your home yourself and need expert guidance
Or just curious if FSBO is the right route for you…
Let’s chat! No pressure… just honest advice from someone who knows the local market.
