I have recently come across the question, 'Do homes listed For Sale By Owner, usually take longer to sell'?
The answer has to do with how you advertise your home. Are you relying on a newspaper ad, or just a sign in your yard? When selling your home FSBO, advertising can be a challenge. The reality is that if you are selling just as a FSBO, you are missing out on the MLS, or Multiple Listing Service, and the truth is that if your home does not have the Realtor visibility that the MLS provides, your home could be up for sale for a very long time.
However, if you want to retain your position as home-seller and gain the Real Estate visibility of the MLS (without having to pay a listing Real Estate Broker between 6 - 7 % commission), then you may want to consider selling Flat Fee MLS.
Between a Flat Fee MLS Listing and a traditional Full Service Listing, there is virtually no difference in average days spent on the market. The reason for this is that the majority of Real Estate sales occur because of other Real Estate Agents using the MLS to bring buyers to the sellers.
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Thanks for answering my questions earlier today. You were very helpful. Look for my order later this evening. Hopefully you can get me in the MLS before the weekend. :p
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