Tuesday, October 6, 2009

For Sale By Owner
















I had never heard of "Fizz-Bo" until my friend Hillary went into Real Estate. I think it's realtor lingo. Am I sure glad I heard about it. That's how I purchased my house. I had been casually looking online. Side Note: I find it really fun to look at houses online - especially the really tacky ones. Then I dream what I would do to renovate them if I had a million dollars. Anyway, I found my house on Zillow.com, a great Web site and one of the only ones that advertises FSBO houses. This makes it much easier than driving all around town looking for signs in yards. It worked out well because I didn't use an agent and obviously they didn't use an agent. What does that mean? Of course, no commission!

My aunt recently listed her house as FSBO (photos above!). She's really technologically saavy and made a fancy flier. You can see her Waldo house (and fancy flier) on Craigslist, http://kansascity.craigslist.org/reo/1405783054.html . She's had a few nibbles and even had a guy come to the door and ask to see it right then.

That's the freedom of FSBO - you're the agent and can show it anytime you want. I'm not knocking agents, they do a great job and have more time to invest in selling a house than the average Joe. FSBO worked out great for me as a first time buyer. And a major plus, the contract was only four pages long and so easy to understand. That was a definite perk. You want to know what you're signing off on, right? So, if you're in the market for a FSBO home, I recommend taking a look through Zillow or Craiglist. Here's hoping your For Sale By Owner experience is as simple as mine!

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