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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427 E Mayfield Drive San Tan Valley, AZ 85143

$549,999

4 Beds

2.5 Baths

2,369 SqFt

Status Active

MLS # 6751714

Property Type Single Family Residence

Price Type --

You can't miss this property, It's sitting on a massive 20,000+ sq ft lot (just under 1/2 acre) with an RV gate and HOA allows RV'S up to 30 feet long parking in the back yard. There are 4 bedrooms and 2.5 baths. There is a huge open family room as well as a formal living room and a dining room. There is also a large open kitchen with a big island for entertaining,, new granite counters. The backyard is a blank slate waiting to become the backyard of your dreams, the options are endless and three-car garage. Improvements...All Carpet updated Jan-2022.All baseboards updated Jan -2022.The whole house was painted inside Jan-2022,,, Toilets Updated Jan-2022. Kitchen and Baths granite countertops and Cabinets painted updated Aug-2024. THE HOME WARRANTY IS INCLUDED FOR ONE YEAR.

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7631 S Kenwood Lane Tempe, AZ 85284

$549,999

3 Beds

2 Baths

1,656 SqFt

Status Active

MLS # 6765825

Property Type Single Family Residence

Price Type --

BEAUTIFULLY REMODELED! Move right into this charming home in a prime Tempe location! Providing 3 beds, 2 baths, 2-car garage, & a low-care landscape. The immaculate interior, with a spacious open layout, boasts clean lines that promote a modern feel! Enhanced by fresh neutral paint, vaulted ceilings, recessed lighting, abundant natural light, & new wood-look floors. The renewed kitchen has SS elec range & dishwasher, quartz counters, tile backsplash, white shaker cabinetry, and a waterfall peninsula w/breakfast bar. Well-appointed bedrooms & updated bathrooms! Main bedroom offers French doors to the back and a barn door that opens to the ensuite w/dual sinks & a walk-in closet. Enjoy the entertainer's backyard with two covered patios, a well, artificial turf, & a sparkling pool! Just WOW!

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1321 N Delmar -- Mesa, AZ 85203

$549,999

4 Beds

2.5 Baths

2,507 SqFt

Status Active

MLS # 6770242

Property Type Single Family Residence

Price Type --

Welcome to this meticulously maintained single-level home in Mesa, featuring 4 bedrooms and 2.5 baths. As you enter, you'll find a formal living room and dining room with a charming wood-burning fireplace, perfect for cozy gatherings. The home boasts new carpet and fresh paint throughout, along with a newer roof and AC units for optimal comfort. Enjoy the convenience of garage cabinets and additional storage, along with two sheds for your outdoor needs. Step outside to a large patio, ideal for entertaining or relaxing in the sun. The property features an RV gate for added accessibility. Located in a vibrant community with a pool and lakes, and near a golf course, this home is also centrally located to shopping, dining, and easy commute to surrounding cities. Don't miss out!

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2537 E Carla Vista Drive Gilbert, AZ 85295

$549,999

3 Beds

2 Baths

1,791 SqFt

Status Active Under Contract

MLS # 6758610

Property Type Single Family Residence

Price Type --

This beloved home is in very popular pet friendly area! Nestled next to greenbelt, community pool & basketball court. Gorgeous home w/ 3 BDS & den which can easily convert to 4th BD. Open floorplan. Kitchen has large breakfast bar which opens into living/dining area. Newer stainless steel appliances w/ breakfast nook. Any car enthusiasts? The 3 car-garage has been upgraded with Gladiator slats hung on studs on the walls in garage for hanging tools, cabinets, etc. Separate circuits for Garage HVAC & outlets bar. Dedicated 220 for air compressor. Circuit that supports elec vehicle. Trusses for electric line for work light & to attach to air compressor w/ rubber isolates. Very sturdy. Extra 1500 SF of concrete poured for custom black steel RV gate & parking. Tuff Shed w/ electric & custom wo

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6071 S Topaz Place Chandler, AZ 85249

$549,999

4 Beds

2 Baths

1,842 SqFt

Status Active

MLS # 6759322

Property Type Single Family Residence

Price Type --

Welcome to 6071 S. Topaz Pl, a stunning 4 bedroom 2 bathroom home nestled in the sought after Sun Groves community in Chandler. This well maintained residence offers a spacious floor plan, modern upgrades, solar panels, and a peaceful neighborhood, making it the perfect family home in a prime location. Step inside to find a bright and open floor plan with high ceilings and large windows, filling the home with natural light. The expansive living area features two tone paint, plantation shutters, and gorgeous tile flooring, making it ideal for both everyday living and entertaining guests. The beautifully upgraded kitchen features granite countertops, matching appliances, a large kitchen island, and ample cabinet space. It's perfect for preparing meals and hosting gatherings with friends and family. Step outside to the beautifully landscaped backyard, which offers a covered patio, a sparkling pool, a generous gazebo, and plenty of room for outdoor relaxation or entertaining. Sun Groves is known for its family friendly atmosphere, beautifully maintained parks, and scenic surroundings. With easy access to top rated schools and nearby shopping centers, it's the ideal place to enjoy a suburban lifestyle with modern amenities! Buyers currently living in Maricopa or Pinal County ask about an ADDITIONAL $7,000 home buyer credit available on this home via the Community Promise Program. Rate Relief Rebate Program: Benefit from a 2% seller credit to reduce your mortgage payments by Approximately $584/month in year 1 and $298/month in year 2. This exclusive offer makes homeownership more affordable now, while you await potential rate decreases.

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723 W Rosal Place Chandler, AZ 85225

$549,999

4 Beds

2 Baths

1,938 SqFt

Status Active

MLS # 6785017

Property Type Single Family Residence

Price Type --

**NEW ROOF** on this fantastic 4-bed, 2-bath home nestled on a prime corner lot! Starring a 2-car garage, RV gate, & a low-care landscape. The inviting interior features modern light fixtures, neutral paint, wood-look tile flooring throughout, and vaulted ceilings that add to the airy feel. If entertaining is on your mind, you'll love the perfectly flowing open layout paired with a fireplace in the living space! The impressive kitchen boasts black SS appliances, granite counters, glass tile backsplash, white shaker cabinets, and an island w/breakfast bar. Large main bedroom has French doors to the back, a walk-in closet, and an ensuite with dual sinks & a soaking tub. Out the back, you have a storage shed and a Pergola patio to relax while enjoying BBQ. Great location! Welcome home

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2938 S 184th Lane Goodyear, AZ 85338

Open House

$549,999

5 Beds

3 Baths

2,380 SqFt

Status Active

MLS # 6765471

Property Type Single Family Residence

Price Type --

This spacious ranch-style home sits on a generous sized lot and offers 2,380 sq/ft of living space. Designed with comfort in mind, it features two split master bedrooms - perfect for added privacy. The great room boasts an inviting atmosphere with 10' ceilings and a beautifully appointed kitchen that features quartz countertops, a large island, and a walk-in pantry. Outside, the low-maintenance backyard is shaded by mature trees and has lush turf, ideal for relaxing or entertaining. With a 3-car garage, RV gate, and RV parking, this home is perfect for those who need extra space while enjoying a peaceful setting. Additional upgrades include Low-E dual-pane windows with sunscreens and a Smart WiFi thermostat for energy efficiency!

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18583 W Swayback Pass Pass Surprise, AZ 85387

$549,995

3 Beds

3 Baths

2,088 SqFt

Status Active

MLS # 6770088

Property Type Single Family Residence

Price Type --

Explore this exciting fully furnished Emerald model home with a mulitgen suite ready for November move-in, on a homesite boasting driveway pavers and front/back yard landscaping. Included features: an inviting covered entry; a study in lieu of a bedroom; a spacious great room; an open dining area; a well-appointed kitchen offering quartz countertops, stainless-steel appliances, 42'' cabinets, a roomy pantry and a center island; a beautiful primary suite showcasing a generous walk-in closet and a private bath with cultured marble countertops; double laundry appliances; a covered patio, and a 3-car garage. This home also offers additional windows, ceiling fans, and full appliances and stone tile flooring in select rooms.

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2121 W Sonoran Desert Drive Unit 41 Phoenix, AZ 85085

$549,995

3 Beds

2.5 Baths

1,567 SqFt

Status Active

MLS # 6648426

Property Type Townhouse

Price Type --

Check out this beautifully crafted 2-bedroom 2.5 bath home with well-appointed interior finishes. The casual dining area is adjacent to the kitchen and provides a convenient and intimate setting. Featuring designer upgrades throughout including flooring, cabinetry, quartz countertops, and stainless-steel kitchen appliances. The community is situated just minutes away from shopping, dining, and entertainment. Call today to learn more about this stunning Quick Move In and lending incentives!

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9390 Mead Lane Snowflake, AZ 85937

$549,995

6 Beds

4 Baths

2,624 SqFt

Status Active

MLS # 6734119

Property Type Manufactured Home

Price Type --

Wow! Check out this opportunity! 2 homes on 40 acres fully off grid and self-sustaining. The PRIMARY HOME offers 1568 square feet of living space with 3 bedrooms and 2 bathrooms. Floors recently upgraded to vinyl plank throughout. Split bedroom floor plan. Kitchen features hickory cabinets, granite counter tops, large kitchen island, farm sink and NEWER gas stove. Primary home is powered by 30 solar panels which is sustained by banks of lithium batteries. In addition to a 2 car masonry garage, the primary home also features a single car Graceland garage, a 14 X 40 carport and a 10 x 20 Graceland Lofted Barn Cabin for extra storage. The GUEST HOME offers 1056 square feet of living space with 3 bedrooms and 2 bathrooms. See additional description. The living space is bright and airy and features a split bedroom floor plan and breakfast bar. Guest home is powered by 25 solar panels and sustained by banks of 12 AGM Maintenance Free batteries. 1 private well services both homes. Power is also located nearby if you would prefer that option. This property would be perfect for multi-generational housing or could use guest home as rental income! Property is all off-grid but only 10 miles from town. Best of both worlds! Option to purchase home with 80 acres and additional private well on the upper 40 acres available. See MLS #6731913

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11432 E Quicksilver Avenue Mesa, AZ 85212

$549,995

5 Beds

2.5 Baths

3,096 SqFt

Status Active

MLS # 6736112

Property Type Single Family Residence

Price Type --

Large 5-Bedroom, All Bedrooms are large, formal Dining room, Kitchen Nook plus formal Dining Room, Pantry , Living room open to the Island Kitchen, Main floor Master Bedroom plus another on upper floor, Huge Loft Rec room, No smokers or pets ever, Southern facing, Two car Garage, new Epoxy floor, 2 new Trane 4 ton AC units, 10 year warranty, These are gas for lowest cost vs electric, Brand new Tile roof, 10 year warranty, New vinyl thermopane windows and blinds, New Tile flooring throughout the home, new bath fixtures, Large 7,000 sq ft lot, Low maintenance backyard big enough for a pool, Lockable side gate, lowest HOA dues, Lowest taxes for this large a home, Great Parks, Kids play areas, Easy commute to both 202 and the 60 freeway, This is the lowest priced 5 Bedroom in 85212 New Roof Warranty

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28430 N 51st Street Cave Creek, AZ 85331

$549,995

3 Beds

2.5 Baths

1,710 SqFt

Status Active

MLS # 6758424

Property Type Single Family Residence

Price Type --

Close to Dynamite and Tatum Blvd., Close to Desert Hill Shopping Center, Located on a Cul-De-Sac,Great floor plan, Large Master Bedroom with large two vanity, Shower/Tub, Bath, private water closet, large walkin Closet, Updated Kitchen with Stainless Appliances and new Refrigerator and stainless sink, Open to the Dining or Family room, Super high ceiling Living room also, Two other bedrooms are at opposite ends of the upstairs and share a full bath, Two Car garage has lots of storage shelves and brand new Epoxy floor, Large private backyard that's easy maintenance, Close to the 101 and 51 freeways, easy commute to the downtown Phoenix, Scottsdale areas, 30 minutes to the Airport, This is the lowest priced 3 bedroom, 3 bath home in Cave Creek, Has low HOA fee and low taxes

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