Free Coaching? In a market where even the real estate pro’s are finding it tough, I see a lot fewer For Sale By Owner’s (“FSBO’s”). From perhaps 12% of the market at the peak five or so years ago, I’d guessimate that percentage is down 50%, to about 6% today. What can be said of that...Read More
“I Heard it on the (Realtor) Grapevine” I just got a heads up from an acquaintance about an upper bracket home in Minnetonka that will be coming on the market shortly as a “For Sale By Owner” (“FSBO”). The home reportedly needs work, was last on the market decades ago, and the homeowner has no residential...Read More
“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...Read More
Still Casting Stones . . . But Now With (Lots of) Caveats An economist is an expert who will know tomorrow why the things he predicted yesterday didn’t happen today. “Laurence J. Peter [Editor’s note: to see my rebuttal to Freakonomics, the predecessor to SuperFreakonomics, click here] So, I finally finished off the (surprisingly short)...Read More
Trulia.com Hits — and (Mostly) Misses Like Zillow.com, Trulia.com promises to arm prospective home buyers with reams of data about homes for sale. Buyers can search by property type, price, square footage, zip code, etc.; get information about schools and other community info; and even pose questions to the Trulia. com “community” that generate email...Read More
FSBO Mistake #4: Not Proofing the Listing on MLS If you try to fix your own plumbing and screw it up, it might cost you, at most, a thousand bucks or so and a weekend of your time (for clean-up, calling plumbers, etc.) Ditto if you botch fixing your own car. However, if you try...Read More
