5 Reasons Why You Should Not For Sale By Owner!

In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their homes on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers.

Here are the top five reasons:

1. Exposure to Prospective Buyers 

Recent studies have shown that 94% of buyers search online for a home. That is in comparison to only 16% looking at print newspaper ads. Most real estate agents have an internet strategy to promote the sale of your home. Do you?

2. Results Come from the Internet

Where did buyers find the homes they actually purchased?

• 51% on the internet
• 34% from a Real Estate Agent
• 8% from a yard sign
• 1% from newspapers

The days of selling your house by just putting up a sign and putting it in the paper are long gone. Having a strong internet strategy is crucial.

3. There Are Too Many People to Negotiate With 

Here is a list of some of the people with whom you must be prepared to negotiate if you decide to For Sale by Owner:

• The buyer who wants the best deal possible
• The buyer’s agent who solely represents the best interest of the buyer
• The buyer’s attorney (in some parts of the country)
• The home inspection companies, which work for the buyer and will almost always find some problems with the house
• The appraiser if there is a question of value

4. FSBOing Has Become More And More Difficult

The paperwork involved in selling and buying a home has increased dramatically as industry disclosures and regulations have become mandatory. This is one of the reasons that the percentage of people FSBOing has dropped from 19% to 8% over the last 20+ years. 

The 8% share represents the lowest recorded figure since NAR began collecting data in 1981.

5. You Net More Money When Using an Agent 

Many homeowners believe that they will save the real estate commission by selling on their own. Realize that the main reason buyers look at FSBOs is because they also believe they can save the real estate agent’s commission. The seller and buyer can’t both save the commission.

Studies have shown that the typical house sold by the homeowner sells for $185,000, while the typical house sold by an agent sells for $245,000. This doesn’t mean that an agent can get $60,000 more for your home, as studies have shown that people are more likely to FSBO in markets with lower price points. However, it does show that selling on your own might not make sense.

Bottom Line

Before you decide to take on the challenges of selling your house on your own, let’s get together and discuss the options available in your market today.  Give me a call – J.P. Cook – 602-320-4253.

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12132 W Ashby Drive Peoria, AZ 85383

New

$575,000

4 Beds

3 Baths

2,751 SqFt

Status Active

MLS # 6787370

Property Type Single Family Residence

Price Type --

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15735 W Autumn Sage Drive Surprise, AZ 85374

$575,000

3 Beds

2 Baths

2,282 SqFt

Status Active Under Contract

MLS # 6778325

Property Type Single Family Residence

Price Type --

Exquisitely updated Hacienda/Stonecrest model starting from the minute you walk up to the cozy front courtyard, Stone veneer finishes & cool deck driveway & sidewalk. Entrance has custom security door & front door. Formal living room for entertainment & dining area, all open to the spacious great room with custom fireplace, media wall with stone veneer, special lighting & TV included. Huge kitchen with refinished cabinets, tiled backsplash, beautiful granite countertops, stainless appliances plus an ice making machine & a massive breakfast bar with stone finish & double pantry. Split floorplan offers great privacy. Primary suite includes large picture window, oversized walk in closet, bathroom upgrades include granite counters, double sinks, plumbing fixtures & framed mirrors, lighting, hardware, tiled shower & door, tiled soaking tub surround. 2 spacious guest rooms, 1 with built in Murphy bed & desk. The guest bath has a walk-in shower, updated vanity, granite counters, plumbing fixtures & sink, hardware, mirror & lighting. Nicely appointed laundry room with built in cabinets. Absolutely stunning back yard extended covered patio with cool decking, massive rock water feature, beautiful mature landscape, wrought iron fencing. Additional upgrades include: Baseboards, wood trim around window, 5 new Anderson windows in main areas, interior & exterior paint, custom blinds, recirculating hot water pump, security system, water softener, extended length garage with golf cart space & keyless entry system. Outside heater hardwired in & awnings.

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2292 S 155th Lane Goodyear, AZ 85338

$575,000

5 Beds

3.5 Baths

3,169 SqFt

Status Active Under Contract

MLS # 6741299

Property Type Single Family Residence

Price Type --

Spectacular, totally move-in ready home! Every box will be checked, beginning with the amazing location! Be close to shopping, dining, schools and access to freeways! Being close to Goodyear Ballpark makes Spring Training easy to enjoy, too! Next box to check is this great floorplan! The large foyer and very impressive stairway to the second floor is only the beginning! This floorplan offers the ability to live on the main floor, beginning with the primary suite, featuring a large walk-in closet and newly remodeled bath! Also on the main floor is the large living room/den and a spacious dining room, accented with dentil molding. The upscale eat-in chef's kitchen, with high-end appliances, beautiful granite on the large island with breakfast bar, and the adjoining family room brings everyone together in the heart of the home! But wait, there is more.... Upstairs, you will find 4 additional bedrooms, 2 full baths and a huge bonus/media/game room! To top it all off, the resort-style backyard, with built-in BBQ, fridge, sink and cooktop, heated saltwater pool with waterslide and waterfall, and the heated spa, is your own private oasis! Be settled for the holidays! Freshly painted and new carpet in all bedrooms, you can move in and enjoy!! A quick close is possible!!

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15021 S 47th Street Phoenix, AZ 85044

$575,000

4 Beds

2 Baths

1,846 SqFt

Status Active

MLS # 6763249

Property Type Single Family Residence

Price Type --

Fall in love, this North-South-facing Former Model Home on a corner lot, offering stunning Sunrises & Sunsets in the desirable Ahwatukee Foothills neighborhood, w/ no HOA! Step inside to Vaulted Ceilings in the living room with Natural Lighting with all New Vinyl Windows Installed (2021). Custom Tile/Wood Flooring throughout flows to the open kitchen featuring designer backsplash tile, granite countertops, an eat-in bar that flows into the great room, w/ easy access to the backyard that has a covered patio, awnings, pavers, newer pebble tech pool (2018) upgraded pool equipment (2023). All the bedrooms have ceiling fans for efficient living The primary bedroom offers a large walk-in closet and a spacious bathroom has granite counter tops, stand-up shower, plenty of Linen cabinet space a sliding door leading to a backyard. This Home is Conveniently located near freeways, shopping, dining, and featuring a new HVAC Air Conditioner installed (2021)

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7353 E Milagro Avenue Mesa, AZ 85209

$575,000

5 Beds

3 Baths

2,352 SqFt

Status Active

MLS # 6770673

Property Type Single Family Residence

Price Type --

Discover this beautifully updated 5-bedroom home, freshly painted and move-in ready. The expansive living area on the main floor provides an ideal space for hosting and gathering. Step outside to enjoy a meticulously landscaped backyard, complete with a sparkling pool, safely enclosed by a fence. Situated in a highly desirable location, this property is within walking distance to Monterey Park, Gilbert's top-rated schools, and offers easy access to major highways, shopping centers, and dining options. An opportunity like this is not to be missed!

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1580 Calle Simpatico Drive Wickenburg, AZ 85390

$575,000

3 Beds

2 Baths

2,004 SqFt

Status Active

MLS # 6761470

Property Type Single Family Residence

Price Type --

This PRISTINE CUSTOM ''JEB'' home is located in the desirable PUEBLO CASSANDRA Village, where luxury meets comfort and security featuring a HEATED POOL and spa to enjoy year-round ARIZONA living. Step through the front door to be wowed by vaulted ceilings, open floorplan, plantation shutters, ambiance lighting, a gorgeous chandelier and a cozy gas fireplace. Not a detail left behind in the kitchen with stainless appliances, beveled edge GRANITE countertops, spacious island, and extensive Knotty-Alder soft touch CUSTOM cabinetry. Hide-a-way to the PRIMARY SUITE through PRIVATE DOUBLE ENTRY doors complete with a HUGE walk-in closet and separate exit to the expansive COVERED PATIO surrounded by a stucco finished wall. WOW! This EXQUISIT home with resort living is IN WICKENBURG!

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11757 W Montana De Oro Drive Sun City, AZ 85373

$575,000

5 Beds

3 Baths

2,791 SqFt

Status Active

MLS # 6777966

Property Type Single Family Residence

Price Type --

Owned Solar! In the Dos Rios Neighborly Neighborhood! This spacious 5-bedroom, 3-bath home in Sun City is NOT in an age-restricted area, offering all the benefits of the thriving North Peoria community nearby. The main floor features a friendly layout with one bedroom and a full bath, plus a living room, family room, and dining area, while upstairs adds a versatile loft space. The low-maintenance turf yard and 3-car garage provides convenience and ample storage. Don't miss this exceptional opportunity!

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3031 E Colonial Place Chandler, AZ 85249

New

$575,000

3 Beds

2 Baths

2,170 SqFt

Status Active

MLS # 6787735

Property Type Single Family Residence

Price Type --

Welcome to this extraordinary home that boasts both charm and personality! The fabulous interior features vaulted ceilings, tons of natural light, elegant stained glass, gorgeous light fixtures, designer paint & distressed wood floors. With both a separate living/dining room combo, an open-concept family room, this gem has versatile spaces for relaxing & entertaining! The impressive kitchen boasts custom additions such as: coffee station, SS appliances, double ovens, metal stove hood, farm sink, island w/breakfast bar, stone counters & backsplash, roll out shelving, RO, walk-in pantry & antique white cabinetry w stained glass doors. The large main bedroom has a bay window, new carpet, an ensuite w/ dual sinks, separate tub/shower & walk in closet. New Trane HVAC system & ductwork 11/20. PLUS! One bedroom doubles as a den and offers a unique setup, currently serving as a rental with two bedrooms separated by a steel privacy door. This layout provides endless possibilities, whether for a roommate, private office, or in-law suite. Discover your private backyard retreat including a covered patio, pavers, and a Gazebo for entertaining. Home has a 220 electrical outlet ready for a hot tub. Also, there is a large side yard with lovely 8x6 storage shed. NO neighbors behind for added privacy & on a cul-de-sac lot!!! Don't miss this opportunity! New suncreens (7/20),new water heater (8/21), new dishwasher (2/24).

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20961 N 96th Drive Peoria, AZ 85382

$575,000

3 Beds

2 Baths

2,157 SqFt

Status Active

MLS # 6698227

Property Type Single Family Residence

Price Type --

Welcome to this lovely home! Enter through the formal living room and dining room and immediately sense the warmth and charm of this inviting space. Before we proceed, allow us to introduce you to the heart of the house, the great room, where a cozy fireplace and ample natural light await. Passing by the den, with its versatile double doors for added privacy, you'll discover the spaciousness of the great room and the allure of the patio and backyard beyond. You will want to linger in this tranquil outdoor oasis. Venture into the large primary bedroom, a sanctuary of comfort boasting double doors, a walk-in closet, and an bathroom designed for relaxation and convenience. . With its private exit to the back patio, it offers a seamless blend of indoor-outdoor living. Explore further to find two additional bedrooms, each with carpeting and blinds, along with a conveniently situated hall bathroom between them. The kitchen, overlooking the great room, is not only functional but also a gathering place for culinary delights and shared moments. Let's not forget the backyard, featuring a concrete extension with a gazebo and a spa that conveys with the propertya perfect spot for unwinding and entertaining. For those with storage needs and hobbies, the 3-car garage provides ample space, complete with cabinets, a sink, and room for an extra refrigerator or freezer. Plus, it offers convenient access to the north side of the house. This home offers a blend of comfort, functionality, and outdoor allure that's sure to leave a lasting impression. We're delighted to share it with you today!

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1018 N 25th Street Phoenix, AZ 85008

$575,000

5 Beds

3 Baths

2,287 SqFt

Status Active

MLS # 6665438

Property Type Single Family Residence

Price Type --

Hard to find New Construction Home in 85008. 5 Bedroom 3 Bath with 2 car garage. 10 foot ceilings. Quartz Counters, Shaker Style Cabinets. New Stainless appliances. Could be Flex Home, as room for second kitchen with bonus room in back. Huge walk in shower in Master. Dramatic front Iron Gate Door. Drive way is gated and both side gates match. Back yard is large enough for a pool. Hard to get quality new construction in this area so close to Downtown Phoenix, Freeway access, Roosevelt District, Hospital walking distance. Close to new Valley Wise Hospital Wing just opened. Nice eclectic mix of older homes and newer builds, Beautiful paver walkway and front patio. Extended 2 car garage. NEW NEW NEW, Tired of looking at old homes with deferred maintenance. Zoned R-3 Multi Family

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6728 Perkins Lane Show Low, AZ 85901

$575,000

3 Beds

2 Baths

1,827 SqFt

Status Active

MLS # 6681585

Property Type Single Family Residence

Price Type --

Brand new custom home on a 2+ acre lot. 3 bedrooms, 2 bathrooms with a second story loft. Gourmet kitchen features Quartz countertops, custom steel range hood, butcher block floating shelves and new stainless steel appliances. Electric fireplaces with reclaimed barn wood mantles at family room and master suite. Decorative wood beams. Central cooling and heating. Structural steel roof system with 2x6 wood framed walls. 25 year finish on the walls, roof with a 24 gauge standing seam roof with gutters and 26 steel gauge wall siding. 6inch foam insulated walls. Cascade dual pane windows. 12x25ft loft. 24x40x12 3 walled garage/carport being built. 2 RV dumps to the septic system. Stunning mountain getaway or a perfect mini-farm/ranch. You know what's nice about Showlow, in the summer it's 20 degrees cooler then the valley in the day and at night you can enjoy that cool mountain breeze while on your patio or in your bed. 7 highway miles to Showlow restaurants and shopping. 1/2 mile north to public lands for riding quads or horses. 5 minutes from prestigious Golf Clubs like Torreon Golf Club and Bison Golf Club. Elementary School and Fire Station just blocks away.

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1560 Vista Drive Wickenburg, AZ 85390

$575,000

3 Beds

3 Baths

1,952 SqFt

Status Active

MLS # 6642660

Property Type Single Family Residence

Price Type --

Great investment opportunity!! This two-story home boasts 1,952 square feet of living space on a sprawling 3.6-acre corner lot, offering privacy and panoramic sunset views. Step inside to discover a warm and inviting atmosphere with a large family room, creating the perfect space for gatherings and relaxation. The well-designed layout features ample natural light, highlighting the beauty of the desert landscape that surrounds your home. The heart of this residence lies in its open concept kitchen, seamlessly flowing into the dining and living areas. Picture yourself preparing meals in the well-appointed kitchen while enjoying the company of family and friends. Sliding glass doors lead to multiple patios, creating an indoor-outdoor living experience that is perfect for entertaining or simply enjoying the tranquility of your expansive backyard. Venture outside to discover a private oasis that includes a sparkling pool, perfect for cooling off during warm Arizona days. The vast 3.6-acre corner lot provides plenty of room for your horses to roam, and there's ample space for RVs and toys, making this property a haven for outdoor enthusiasts.

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