“What Have I Got to Lose?”*
It could just be my imagination, but it sure seems like there’s an uptick in FSBO (“For Sale by Owner”) activity recently.
At least through my Realtor eyes, it seems like that happens at market extremes.
When the market is overheated and everything seems to be selling in a day, more would-be Sellers figure that there’s nothing to it, and throw their hat in the ring (so to speak).
When the market is slow (like now), and even properties that are professionally represented can take a long time to sell, the same people figure, “What the Hell, what have I got to lose?”
*The answer to “what have I got to lose?”
About 15%.
That’s how much less the average FSBO home sells for compared to a home listed with a Realtor.
