Page 1
Page 1
Started By
Message

Best Way to List/Market House FSBO

Posted on 4/6/15 at 8:27 am
Posted by Thomas Hudson
Dallas
Member since Dec 2006
7309 posts
Posted on 4/6/15 at 8:27 am
Going to be selling my house, and would like to do it myself rather than listing with an agent. Websites like forsalebyowner.com and FSBO.com advertise flat-fee listing "packages" that will place the listing on their own websites plus MLS (thereby getting it on Zillow, Trulia, Redfin, etc.).

Is the increased exposure of the broader listing worth it? If so, any advice on which website (forsalebyowner.com, FSBO.com, or other) is best to get the best marketing?
Posted by Bucktail1
Member since Feb 2015
3186 posts
Posted on 4/6/15 at 8:30 am to
We used FSBO.com and sold in less than 30 days. I think the pkg was about $500. They did a nice job, advertised our open house which ended up being what sold it.
Posted by SG_Geaux
Beautiful St George
Member since Aug 2004
77934 posts
Posted on 4/6/15 at 8:38 am to
I used fsbobr.com and had 10 offers on it in 3 days.
Posted by Motorboat
At the camp
Member since Oct 2007
22666 posts
Posted on 4/6/15 at 8:46 am to
quote:

I used fsbobr.com and had 10 offers on it in 3 days.


Posted by Thomas Hudson
Dallas
Member since Dec 2006
7309 posts
Posted on 4/6/15 at 9:06 am to
Thanks all. A couple follow-up questions:

1) Did you opt to do the MLS listing?

2) How much (if anything) did you offer to pay to buyers' agents who brought buyers? My understanding is that if you do the MLS listing you have to agree to pay buyers' agents a certain percentage, but not sure if the actual number is set in advance or negotiated ad hoc.
Posted by hungryone
river parishes
Member since Sep 2010
11987 posts
Posted on 4/6/15 at 9:08 am to
Sold my last house w/o agent, did not use FSBO. Showed it to two people, sold it to the second. People in the neighborhood sold it for me. I just went around to all the neighbors/friends in the area and told them what I wanted for the house. It was in a good school district & very well priced for the area (one of the cheaper houses in the neighborhood). Didn't want to use an online listing site as I didn't want to deal with the unwashed masses/completely unqualified buyer. In turn, I helped the buyers find a local mortgage lender (same one I was using on my construction to permanent financing).

Dunno if this approach would work in a city, but in a small town where word gets around, I found it ridiculously easy to sell w/o agent. No agent meant buyer got a better deal, too.
Posted by Motorboat
At the camp
Member since Oct 2007
22666 posts
Posted on 4/6/15 at 9:14 am to
quote:

1) Did you opt to do the MLS listing?


no

quote:

2) How much (if anything) did you offer to pay to buyers' agents who brought buyers? My understanding is that if you do the MLS listing you have to agree to pay buyers' agents a certain percentage, but not sure if the actual number is set in advance or negotiated ad hoc.


nothing. I told the agents that called that I would have to get close to asking price in order to pay them their commission. So price accordingly and let potential buyers know that you have room in there for realtor fees.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37034 posts
Posted on 4/6/15 at 10:37 am to
I recently purchased an FSBO home. We first found it on facebook. The sellers created a facebook page and shared it. Someone suggested we "like" the page, and it went from there.

She also put a sign in the yard. I'm not aware that she used any listing service. FSBO listing services in NOLA aren't that good.
Posted by Thomas Hudson
Dallas
Member since Dec 2006
7309 posts
Posted on 4/6/15 at 2:42 pm to
quote:

The sellers created a facebook page and shared it. Someone suggested we "like" the page, and it went from there.
That's a good idea. I might have to try that too.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram