More Homes Listed 'For Sale by Owner' to Avoid Broker Fees
posted by Thomas DemskerThis was an article in DNA Info New York
What this article shows is the demand for FSBO (for sale by owner) selling in NYC and has some quotes in the article which under score why No Brokers Please, FSBO Consulting, solves all the issues that can arise while still saving FSBO tens of thousands of dollars.
Let's look at it by pulling some quotes from the article:
From FSBO Seller
"What if six people are standing there? What do you do? Those scenarios I don't know," Saturn said, adding, "I should be so lucky if that's my biggest problem."
That is why having a extremely experienced broker consulting with you on every step helps. We are able to help you with every question and put you on the right course. You have all the broker insights while not paying the hefty price tag. This happened with our client at 101 North 5th Street and with our help she turned the multiple offers into an over asking sale.
From a Broker Quoted in the Story
"Dealing with bidding wars, getting the highest and best offer and sorting qualified buyers to make sure a deal closes is where brokers' "added value" comes in to play"
Once again we help all of our FSBO consulting clients with all of these aspects and have been doing stuff like this since 2001. We help by providing our professional forms, helping FSBO's qualify offers, helping FSBO's negotiate offers and we help to close the deal by instructing the FSBO what needs to be done.
From a Broker Quoted in the Story
"After they've done all the work, at end of day," Cohen said, "they're not actually translating into the savings they think.
I would respectfully disagree. There is a lot of leg work at times and varies by person. Most people selling fsbo are willing to put in sweat equity because the savings means something to their future places. For 101 North 5th Street client, she put in work, 30 days to contract and some follow up for the next 2 months and saved $43,800, which to her was worth every minute. (I got the 43,800 from what I charge my full service customers at Demsker Realty - I do both full service brokerage and FSBO Consulting)
Should everyone sell FSBO - no. It is a viable option with our consulting for those who have the spirit and flexibility to undertake the venture. We help to simplify the process and offer contacts to the people and items I have used in my full service brokerage business, Demsker Realty, on the site. Plus you can tailor your experience as you need it from the packages to the al la carte menu. Also our direct feed to street easy provides the extra marketing muscle needed to sell.
We are recreating how brokerages sell their listings in a FSBO only site and creating a centralized marketing platform.
08 Sep