JL's Columbia SC Real Estate Blog: Are Realtors afraid of FSBO's?

Are Realtors afraid of FSBO's?

 I myself have heard several fellow agents speak poorly of their experiences with fsbo's. I know some agents who simply disregard them and make no effort to speak with them at all. In short, most of the Realtors I know avoid fsbo's as much as possible. Though, I must admit that my experience with fsbo's id somewhat limited, I have had no trouble with one's I have been in touch with. I even had one agree to pay my commission when I brought mt buyer clients. He was a little hesitant at first, but it really took no convincing on my part for him to agree to a one time showing commitment and pay my commission.

 Maybe I have simply been lucky so for, but the fsbo's I have dealt with all seem to be every day people rather than the monsters that some Realtors would have you believe they are. Hopefully my luck will continue, but if not so be it. I still believe that fsbo's can make excellent prospects and that most seem to be quite cooperative.

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JL Boney, III - Columbia, SC Realtor - Russell and Jeffcoat Realtors

 I specialize in Columbia, SC real estate and the surrounding areas, including Blythewood, SC, Kershaw County, Fairfield County, and Lexington, SC. If you are in the market to buy or sell a home in Columbia, SC or any of the surrounding areas, I would love the opportunity to speak with to see how I can help. Thanks for reading and feel free to contact me if I can be of service to you.

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5 commentsJL Boney, III Columbia, SC Real Estate • December 27 2007 03:47PM

Comments

JL, I think you've been lucky so far!!  Honestly, I've had a few problems and they were quite isolated; however, I feel that as we move forward in these times with more inventory, the Sellers will be far more cooperative than before with FSBOs.

Debe in Charlotte, NC

Posted by Debe Maxwell - Search Charlotte Homes for Sale - Charlotte NC Neighborhoods (Helen Adams Realty) over 2 years ago

You've been very fortunate.  I started in the business when the frenzy was in full swing.  FSBOs were extremely nasty, everyone had a relative or friend in the business, they would tell you they'd list but wouldn't do so at 6%, etc, etc.  When I'd call, the FSBOs would hang up on me.  You should know that I've always been very polite, non-aggressive, etc.  I'd even send thank yous later in the mail. 

 I notice that the FSBOs today are much nicer, more receptive to listen to you, etc.  It's a different world out there.  However, for me, I still feel some of the trepidation of those early days and, given a choice, prefer to deal with anyone but a FSBO. Still, I can't afford to ignore FSBOs altogether (this year two of my listings came from FSBOs) but I'd like to!

Posted by DALIA KIBBY (Keller Williams Realty Partners SW) over 2 years ago

Hi Dalia,

Sorry to hear you've had so much trouble. Congrats on the two conversions.

Posted by JL Boney, III Columbia, SC Real Estate (Russell and Jeffcoat) over 2 years ago
I think that fsbo's are starting to realize that with the way the market is today if they want to sell their house anytime soon, they need more than just a for sale sign and a newspaper ad.
Posted by Jeff Thompson (Thompsons Home Inspections) over 2 years ago
In the past I avoided FSBOs, but I was fortunate enough to sell one this year simply because my buyer client was most interested in it.  I've seen a FSBO say "I've sold five homes this way and I don't need to list" then turn around months later and list it anyway.  I've seen FSBOs drop by our office with their own brochures saying they'll pay a commission. FSBOs are funny and each one is different.  You just never know what they are going to do.
Posted by Jon Miller (United Country-Marshland Realty) over 2 years ago

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