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Ok! This is an interesting subject so I would like to chime in again. I have been in the business for 11 years and I have worked with FSBO's as well as sellers who have used discount or flat fee brokers. I would never refuse to show a property because of how the seller was offering the property. I am currently working with a FSBO and like most (not all) I am having to working both sides of the deal to bring it to a successful conclusion for both my buyer client and the FSBO Seller. I owe my client the opportunity to pursue ANY property that they want to pursue. I have even gone so far as to convince a homeowner to sell because my client wanted that house. Yes, I actually did that. The house was a custom being built at the time.
One of the responders mentioned that I did not offer the user a solution, only a statement about the listing. She's right. First, determine if the price is consistent with recent sales in the immediate area, last 3 months is best if that's available not then use last 6 months. Be careful to make sure the sales used to compare are the same as your home, such as eliminating Short Sales and/or Foreclosures or otherwise distressed properties. Add more pictures! Be VERY flexible about showing the house. I attempted to schedule to show a FSBO today but the seller declined the showing because they had to be at work today, and all next week because he will be out of town. This is a missed opportunity; I expect my client will make an offer on one of the homes we see today. If you cannot see/show it you cannot sell it.
NO! It is not rocket science to quote another contributor. However it does take a lot of work and coordination. Keeping several balls in the air at the same time and solving problems on the run is what it IS about and I think that is best done by a full time professional in ANY business.
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For Sale: $129,900
For Sale: $124,500
For Sale: $130,000