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Updated almost 4 years ago,

User Stats

58
Posts
20
Votes
Joshua Wilson
  • Rental Property Investor
  • Palm Bay, FL
20
Votes |
58
Posts

What is your best and worst FSBO experience?

Joshua Wilson
  • Rental Property Investor
  • Palm Bay, FL
Posted

Hey BP!

I started a conversation with an FSBO in their yard. Unfortunately, I think they've fixed in their minds that because I said "Real Estate Investor" I'm just trying to swindle him into selling his house for less than it's worth.  Can't win them all, as they say, but time will tell.  I'd love to hear from more seasoned members their best or worst FSBO deals and why.  Maybe I can better arm myself for arguments with more than just numbers.  I want to be able to pepper in more personal success stories from colleagues to help strengthen my position.  

"A colleague worked an FSBO and that homeowner sold their house, got a nice payday, and a little side revenue stream for three years. It's only a good deal when everyone wins"

is so much more powerful than...

"If we reduce the down payment to 10% you'll have x less coming in at close but then if we use a profit share model we can calculate your 10% monthly revenue will be...."  (see: boring and not what most people want to hear)