Going it Alone Where: 16xx 26th St. West, just east of Lake of the Isles in Minneapolis What: 3 BR/4BA 1921 Colonial with 3,400 FSF Who: listed by owner How much: asking price is $1.195M When: originally listed July, ’08 (market time now = 16 months) It’s rare to see upper bracket FSBO’s (“For Sale...Read More
Just Don’t Call it a Commission Other Realtors charge a commission. I, on the other hand, prefer to call it a “reality fee” (a friend passed along the email, below, from an upcoming FSBO seller — as in “For Sale By Owner”). Hello! We are announcing the upcoming sale of our beautiful home. It will...Read More
The Mysteriously Disappearing FSBO One of the less-remarked developments in today’s housing market is the relative absence of FSBO’s (“for sale by owner” homes). As recently as two years ago, more than 10% of all listings were; now, I’d guess that number is less than 5%. (Note: there are actually two kinds of FSBO’s: the...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
