You should also think about hiring a professional photographer to take your home shots, because that online impression is vital to people coming to see your home. Poor photos cause people to move on from that particular home. Making sure the price is right will ensure that you don’t lose money. This means that you will have to do research and hire an appraiser. To make sure you don’t get hustled, you will probably have to hire a lawyer, too. Hiring all these people will make you wonder if this is really a way to save money.
PROS
• No commission. • Full control of the process (this is both a pro and a con). You get to pick the price, the appointment times, and when/how/if you negotiate with a buyer (but this can be a con as well). • You know your home, so you can point out all its amenities in their best light. • There are a lot of channels for you to list your home. You can put a sign on your lawn with attractive flyers, put an ad on Craig’s List, Google, FaceBook, FaceBook Marketplace and list it in local papers and on websites like ForSaleByOwner.com, HomesByOwner.com, Zillow.com, Realtor.com and Owners.com.
CONS
• The home tends to sell for a lot less than it is worth with FSBO. Statistics show that the average FSBO home sells for as much as 15% less than homes sold through traditional real estate agent channels.
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