Looking to sell house via FSBO. Please offer advice and experiences.

Have only purchased w/o realtor using a title company to do the closing. We bought as is with mandatory state requirement on termite inspections and had no issues. Your problem may come from unexperienced home buyer or someone not will to do “as is” if there are issues they do not want to fix with as an owner. If you are in a demand housing market area it should be an easy process.

Take pictures, list on Zillow for free and or go to FSBOBR and list for a fee.

Selling FSBO is much harder to do, but not impossible. Most buyers like having a realtor involved because they don't understand all the nuances of home buying and it gives them comfort knowing they have a professional to make sure they aren't doing anything stupid. Also, your listing will not be on the MLS which means it will not come up on most search engines. If you luck up and come across a savvy buyer who really likes your house, you can pull it off but it could take a while.

My suggestion is if you do go FSBO, include a buyers agent welcome at 1.5 or 2.0% to get the buyers who are already working with an agent a reason to buy from you.

You can also find a realtor who will list your home on the MLS for a flat fee of $500-1k, and a buyers agent fee of 1.5-2.0%.

In todays market, you can increase the sale price of your house to cover the fees and still clear what you were hoping to make.

All the forms you should need are found on the Louisiana real estate commission website under “mandatory forms. You must fill out a seller’s disclosure and get a termite certificate once you are under contract before you can close. Depending on how old the home is, you may also have to complete the lead based paint addendum. If you have private sewer (e.g modad or septic tank) and/or private water system (water well) then you should complete those addendums and have the inspected once you are under contract.
As for the actual house selling process, remove your personal effects and clutter from the house. Hire a real estate photographer to come take photos of your home. To me this is well worth it because most FSBO’s I see have crappy cell phone photos with poor lighting. Your pictures are important. List on FB marketplace, zillow. Not sure where you live but if in Baton Rouge, you may consider FSBOBR.com. There are something called virtual listing agents that will actually list your home on MLS, provide you with all the paperwork, take photos, etc. If not, you can just pay to have the home listed on MLS. Decide if you want to offer a buyer’s agent commission. Even something as low as 2% may be enough incentive to have an agent to bring you a buyer and then they can handle the paperwork for you. In deciding what to list your home for, find the sales in your neighborhood on a $/Ft2 basis and adjust to yours to determine a price. It may be worth it to pay an agent a small amount to do a comparative market analysis or get a broker’s opinion of value to make sure you are asking a fair amount. Do not offer any concessions upfront to buyers, as it is a seller’s market. If you are not good at negotiating, then get someone to help you, as you can lose whatever you saved by not hiring an agent if you let a buyer/buyer’s agent work you down on the price. Many will try to get you under contract but wait for the inspection to come back and then try to beat you down for repair cost on Knick knack items. Lastly, make sure you accept an earnest money deposit. $1000 is a pretty standard amount. Good luck.

Get someone that takes great pictures. I've seen so many listings, even ones by realtors, that the pictures look like shite and it really slows traffic down.

If you are in a hot market, listing fsbo, you should have a full listing offer in less than 14 days and in less than 7 days if you use a realtor.

Just to add to the ongoing advice....you may want to sell house as is with no repairs, but if a potential buyer comes calling with a rural dev. Or FHA loan, that shite flies out the window. Unless you have a newer home with little to worry about as far as repairs

It’s VERY easy- NEVER use a Realtor.

Remember- the responsibility is on the buyer to make sure it’s all right. And- the bank won’t let them screw that up.

You advertise, get a signed agreement, and go to closing by whatever day y’all agree to. Lawyers and banks handle the rest.

We did this a few years ago and had asking price offers from 3 different people in less than a day. Realtors are a joke.

ETA- LSU Alum and others made me want to add this- I work in marketing. The pictures have to be awesome- not just good. We spent 2 days staging the house. I also bought the domain1234Briarwood.com and got a burner cell phone just to deal with the calls.

But- you have to be prepared- we sold in a day- but I was in it for the long haul.

To add to what I did, I had a home inspection prior to putting mine up for sale. That basically told me the things that would need to be repaired or updated, and I did those. The inspection cost me $300, but I probably saved at least $2K on repair items overall.

The buyers inspection did come up with something not on my report, but it wasn't a big issue to resolve.

I would suggest you get a realtor this time and pay attention to what they do so you will have more knowledge to sell it fsbo next time. You would probably lose at least half that 15k by not being experienced.

If you decide to go FSBO, the title company can help you draw up all the necessary documents.

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I would suggest you get a realtor this time and pay attention to what they do so you will have more knowledge to sell it fsbo next time. You would probably lose at least half that 15k by not being experienced.

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clown world, in this market??

My advice is get a realtor.

If your time is not worth anything, go FSBO. If you value your time get a professional.

The market is flaming hot where I am, so I could go FSBO. At the same time I am probably going to get over ask and that can offset commission.

Buyer's agent is going to want their slice as well, so you are cutting that $15,000 close to half. Your savings just dropped to 4 figures.

My parents did FSBO once and said never again.