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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15625 N Jerry Street Surprise, AZ 85378

New

$570,000

5 Beds

3 Baths

2,455 SqFt

Status Active

MLS # 6787673

Property Type Single Family Residence

Price Type --

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28715 N 64th Drive Phoenix, AZ 85083

$570,000

3 Beds

2 Baths

1,820 SqFt

Status Active Under Contract

MLS # 6784043

Property Type Single Family Residence

Price Type --

Don't miss this open airy 3BR, 2BA floorpan with many modern amenities such as upgraded blackout shades throughout entire home. The kitchen is a chef's delight, featuring elegant white cabinets, a wall oven, microwave, gas stovetop, farmhouse sink, rounded quartz island & quartz countertops with a walk-in pantry. Included are a refrigerator and washer/dryer. Luxuriate in the spa like owners bathroom suite with an oversized tiled walk in shower w/bench, double sinks, and a large closet. Bedrooms are carpeted & tile flooring flows through main areas. A large coat closet & gas tankless water heater complete this inviting home! Enjoy outdoor living with a sliding door leading to a low-maintenance backyard with turf and brick accents, surrounded by mountain views and overlooking a scenic canal

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16180 W Glenrosa Avenue Goodyear, AZ 85395

$570,000

5 Beds

3.5 Baths

3,066 SqFt

Status Active

MLS # 6651477

Property Type Single Family Residence

Price Type --

Embrace the beauty of this wonderful 5-bedroom haven in Palm Valley! This home has a split floorplan, spacious primary bedroom with a remodeled walk-in shower, his and hers vanities and a walk-in closet. This home also features a MIL suite with it's own entrance from the courtyard and private bathroom PLUS an extended driveway with an RV Gate. The open-concept kitchen displays recessed lighting, a pantry, staggered cabinetry adorned with crown moulding, granite counters & backsplash and stainless steel appliances. Lastly, the backyard features a covered patio and a shimmering pool, perfect for warm summer days! Hurry! This gem will surely impress you!

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2135 S Bristol -- Mesa, AZ 85209

$570,000

4 Beds

3 Baths

1,883 SqFt

Status Active

MLS # 6709098

Property Type Single Family Residence

Price Type --

Nestled in the heart of coveted Augusta Ranch, this home epitomizes elevated living. With its spacious open-concept floor plan boasting four bedrooms and three baths, it's an entertainer's dream. The family room and inviting kitchen areas are ideal for hosting gatherings. Enjoy the beautiful low-maintenance backyard, complete with a large pool that can be enjoyed year around thanks to a gas heater addition (2023). Updates like a new roof (2023) and renovated bath fixtures add modern convenience, while the community's amenities, including an executive golf course, bar/grill, abundant events, parks, and a school, ensure a lifestyle of comfort and enjoyment. This home is a must-see!

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3225 N Lost River Drive Camp Verde, AZ 86322

$570,000

4 Beds

3 Baths

3,640 SqFt

Status Active

MLS # 6727355

Property Type Single Family Residence

Price Type --

With a compelling offer, the seller is prepared to contribute to the buyer's interest rate buy-down or concessions. Updated 4 Bed, 3 Bath Home on 2 separate Parcels totaling over an Acre of Land. Brand New 2024 Roof. Brand New 2024 HVAC. All New LVP flooring & Fresh Carpet. Kitchen Boast New Quartz Countertops, Stainless Steel Appliances, & Tile Backsplash. Master Bedroom features Custom Walk-In shower, His & Her sinks, & Barndoor entry. New Light fixtures and Contemporary Fans throughout. Freshly Painted Inside & Out. Great for Animals or Extra Toys/RV's. Just Blocks away from the Verde River - Excellent Location!

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714 W Mesquite Street Gilbert, AZ 85233

$570,000

4 Beds

2 Baths

1,962 SqFt

Status Active

MLS # 6750995

Property Type Single Family Residence

Price Type --

Fantastic opportunity! Welcome to this stunning residence featuring a 3-car garage and a convenient RV gate. Discover a welcoming living room with vaulted ceilings, clerestory windows for natural light, contemporary track lighting, and tile flooring. The great room has a cozy fireplace for quiet evenings. The delightful kitchen boasts a charming breakfast nook, granite counters, abundant wood cabinetry, built-in appliances, recessed lighting, a pantry, and a two-tier island with a breakfast bar. The den is perfect for an office or study. The main bedroom includes French doors leading to the backyard, an ensuite with dual sinks, and a walk-in closet. The enchanting backyard displays a covered patio and a sparkling pool for cooling down on warm days. Make this gem yours!

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26028 N 66th Drive Phoenix, AZ 85083

$570,000

4 Beds

3 Baths

2,119 SqFt

Status Active

MLS # 6757394

Property Type Single Family Residence

Price Type --

Location, location, location! Attention: Seller is offering a $10,000 credit at closing towards buyer updating and/or upgrades! This home has energy saving feature upgrades as well with newly installed premium Andersen windows with a transferable warranty and a fully owned 5KW solar system to keep your energy bills low. In demand north Phoenix Eagle Ridge location with mountain views! Homes do not come up for sale frequently in this idyllic neighborhood. Close to shopping, schools, and parks. Multi-level open floor plan with expansive vaults and skylights to let in lots of light. Recently updated primary bath with huge walk in shower. Large yard and covered patio for entertaining. Inviting pebble-tec pool with a removable fence and beautiful water feature will captivate you! The main level has a convenient 4th bedroom for guests or as an in home office. The heart of the home, the kitchen, features multiple pantries with abundant storage and pull out drawers in convenient locations, as well as easy access to both the living room and family room. Newer high efficiency AC and air handler installed by current owner as well as water heater. Durable bamboo and tile flooring in all the high traffic areas of the home as well. Your new home awaits you!

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11541 E Corbin Avenue Mesa, AZ 85212

$570,000

4 Beds

2.5 Baths

2,373 SqFt

Status Active

MLS # 6767202

Property Type Single Family Residence

Price Type --

This beautiful 4-bedroom, 2.5-bath home is located in the highly desirable Warner Enclave subdivision in Mesa. With 2,377 sq. ft. of upgraded living space, this 2-story home offers a bright and open floor plan perfect for entertaining. The kitchen features stunning Valhalla granite countertops, soft-close cabinets, a large pantry, and stainless steel appliances, including a gas range. The primary suite boasts a spacious walk-in closet, dual vanities, and a separate tub and shower. Additional features include a cozy upstairs loft, a dedicated office space, and a convenient upstairs laundry. The home is ENERGY STAR certified with a low HERS rating of 51, ensuring excellent energy efficiency. Outside, you'll find a well-maintained desert landscape with a covered patio, perfect for outdoor relaxation. Located near top-rated schools such as Queen Creek Unified District, this home also offers quick access to shopping, dining, and entertainment. Plus, with no rear neighbors, you'll enjoy added privacy. Don't miss out on this gemschedule your tour today!

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13408 W Lariat Lane Peoria, AZ 85383

$570,000

3 Beds

2 Baths

1,781 SqFt

Status Active

MLS # 6769987

Property Type Single Family Residence

Price Type --

This 2022 3bdrm 2bath home is on one of the larger lots in Rancho Cabrillo. The home includes an additional bonus room, extended driveway pavers, and a large side vehicle gate. The kitchen opens up to the great room and dining room. Four panel sliding glass doors open up to the backyard entertaining area which includes a covered back patio, built-in BBQ, pool with water feature, and sun deck. The pool deck is surrounded by travertine pavers. The backyard also includes a fire pit and artificial turf. You will enjoy plenty of pool parties, and BBQ's in this beautiful backyard. Don't miss out on this one-of-a-kind gem! Seller is related to Listing Agent.

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26322 W Firehawk Drive Buckeye, AZ 85396

$570,000

3 Beds

2 Baths

2,381 SqFt

Status Active

MLS # 6772955

Property Type Single Family Residence

Price Type --

HIGHLY UPGRADED Serenity model w/Owned Solar & Updated 19 SEER Amana HVAC! Rare opportunity to own a 3 bedroom, 2 bath + Den home w/a Screened in Patio. You will be greeted by the Tuscan elevation & the Gated Paver Courtyard. Upon entering you will be impressed by the architectural touch of the tray ceilings throughout. Tile flooring leads you into the Chef Lux kitchen w/under cabinet lights, Granite counters, Tile backsplash, Pull-out shelves, Soft close drawers, Pendant lights & Walk-in Pantry. Cozy Gas Fireplace in the family room. Owner Suite w/a Bay window & Barn door that leads into the Bath w/dual sinks & Modern Walk-in Tiled shower for a spa like retreat! Enter the fully Insulated temperature-controlled garage w/cabinets, epoxy floors updated water softener & tankless water heater

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29810 W Bellview Street Buckeye, AZ 85396

$570,000

4 Beds

2 Baths

1,900 SqFt

Status Active

MLS # 6777916

Property Type Single Family Residence

Price Type --

Come and see this beautiful house with neutral tones through out, open floor plan, lots of natural light in the living area. Huge island in kitchen. Split floor plan, the back patio is huge, this house has pleanty of land, over 1 acre ready for you to give it your personal touch.

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5153 N Main Drive Apache Junction, AZ 85120

$570,000

3 Beds

2 Baths

1,640 SqFt

Status Active Under Contract

MLS # 6690299

Property Type Single Family Residence

Price Type --

Beautiful 2.5 acres close to freeway, and surrounded by views, clear skies, city lights and peace and quiet! This 3 bedroom, 2 bath home has updating and room for the family. Updates include engineered wood flooring, Thermaster energy efficient windows, French doors, beadboard, stainless appliances, new roof and more. The great room is open concept with wood beams and a real wood burning fireplace. Bring your toys and horses as there is room for all! This horse property/mini farm has 2 stalls, a barn or 2 car garage, storage shed and a carport. Home has it's own well. The east 1.25 acres share a well with one other and can be subdivided. Easy to show. This property has something for everyone!

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