FSBO INFORMATION
FOR SALE BY OWNER INFORMATION
Considering Listing For Sale by Owner?
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LISTING OPTIONS FOR SELLERS
Non-MLS Listing (FSBO)
Selling a home "For Sale by Owner" is when a homeowner lists their home for sale without the assistance of a real estate professional. While FSBO is an appealing option for some, a home seller needs to decide if they are up to the task! A home sale transaction is a tedious process that needs to be followed from start to finish in order to make sure the desired outcome of making it through closing is attained. Home sales are complex and time-consuming, but selling FSBO can be a viable option for experienced home sellers who are willing and able to put forth the time and effort it requires. Zillow is a listing option for homeowners wanting to got the Non-MLS route.
Flat Fee MLS Service
A Flat Fee MLS Service is essentially a FSBO, but one in which a home seller pays a fee to an MLS listing service in order to get the home marketed in the local MLS. The MLS is the primary resource Realtors use to gather information for potential buyers. Without listing in the MLS, a home seller severely impacts the likelihood a Realtor or buyer will see the home they are selling. In addition, sites such as Realtor.com, Homes.com and Zillow pull their data directly from local MLS databases further limiting the visibility of a home not listed in the MLS.
Limited Service FSBO Broker
As the name suggests, a Limited FSBO Broker provides limited services for a home seller. Typically, the upfront fee is for the MLS listing only, however, some MLS listing services offer an "a la carte" menu or upgrade packages for supplementary services which can be extremely valuable in marketing and selling your home. There is no industry standard for services provided nor on the pricing of supplemental services. Some may offer only a select few services, others may offer packages and a few may offer the sellers the freedom to pick and choose.
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*Pricing subject to square footage, location and exterior features of the home.