After six months of trying to sell his New York home through various websites and his own classified ads, the founder of ForSaleByOwner.com, Colbly Sambrotto, hired a realtor. His decision to hire the realtor resulted in multiple offers on his 2,000 square foot condo and a sale for $2.15 million, which was $150,000 over the original asking price.
AGBeat columnist Herman Chan said, “If people want to take a stab at For Sale By Owner (ie FSBO), go for it. But well over 80% of FSBO’s eventually have to list with a real estate agent to get their house sold. It’s harder than it looks!”
Read the entire article at agentgenius.com.