I read today that, according to the National Association of Realtors, only 25% of homeowners selling “for sale by owner” hold even one open house. And even more shocking is that only 21% of them advertise their house in any way on the internet!
I’d like to ask these people, “What exactly ARE you doing to try to sell your own house?” Not much, apparently. I guess their FSBO marketing plan consists of putting up a for sale sign.
The sad thing is that there is SO much more they could easily do. The other unfortunate thing is people like this give FSBO selling a bad name. These people get lumped into the mix, bringing down the average on any “for sale by owner” statistics you find, such as DOM days on market) or average sale price. They make the rest of us look bad and give further ammunition for real estate agents to point out how selling FSBO doesn’t work.
So, please, please, please, don’t be another sad FSBO statistic!
