@Chris Jensen "Statistics show that selling your home with the assistance of a professional real estate agent will garner you a higher profit, enough to cover the commission as well as put more money in your pocket. According to the National Association of Realtor®'s 2016 Profile of Home Buyers and Sellers, the average FSBO sales price was $185,000, while the average price for a home represented by an agent was $245,000. That's a difference of $60,000!"
Here is the link to that article....this is a pretty accurate stat. https://www.realtor.com/advice/sell/why-fsbo-sales...
When I talk with sellers who are thinking of going FSBO, I tend to use the example of a signing with a publisher. Sure, you can write you own book and self-publish--keeping 100% of what you make and you'll be lucky to sell 2,500 books. Or you can sign with a publishing house, give them 30% of whatever is made from selling books, have the benefits of massive exposure and their expertise and make significantly more with less headache.
The last FSBO I toured it was obvious this man hadn't done a CMA, was thinking the fixes in the home were going to be cheaper than they actually were and felt he could charge $60K more because the lot was the largest lot in the neighborhood. It was very apparent he was emotionally wrapped up--he was selling the home he and his wife raised their kiddos in. So, obviously emotional for him--but that didn't mean he could charge as much as the house that had been completely remodeled and updated down the street with a .25 acre smaller lot. I felt badly for him---and the home is still "For Sale By Owner"--with his only advertising being 1 small rider type sign at the entrance of the subdivision and right in front of the house.....
Here's another link: https://www.upnest.com/1/post/reasons-fsbo-sellers...
