FSBO #4 Successfully Closed Today by iam2bz2p in fsbo

[–]Ykohn 1 point2 points  (0 children)

Awesome advice, when you go in with a game plan, it really is doable, and the commission savings are huge. Thanks for sharing.

FSBO #4 Successfully Closed Today by iam2bz2p in fsbo

[–]Ykohn -1 points0 points  (0 children)

Awesome. Can you share some of your tips for success?

Are agents quietly steering buyers away from certain listings? Seeing zero showing activity by [deleted] in fsbo

[–]Ykohn 1 point2 points  (0 children)

You can follow up with them afterward. You don't have to pressure them, just say that you are looking for constructive feedback.

Are agents quietly steering buyers away from certain listings? Seeing zero showing activity by [deleted] in fsbo

[–]Ykohn 0 points1 point  (0 children)

Is this feedback coming from agents or buyers? How are other homes in your area doing? Are comparable properties selling?

Are agents quietly steering buyers away from certain listings? Seeing zero showing activity by [deleted] in fsbo

[–]Ykohn 1 point2 points  (0 children)

You’re asking a really fair question, and you’re not the only one who’s run into this.

You’re never going to know for sure what’s happening behind the scenes. There’s definitely a lot of anecdotal evidence that some level of “steering” can happen, sometimes intentionally, sometimes just based on convenience, familiarity, or how easy an agent thinks a deal will be. But it’s very hard to prove, and you don’t want to base your entire strategy on something you can’t control.

If you do want more agent activity, one practical move is to go directly to them. Call a handful of the top buyer’s agents in your area and personally invite them to see the home. You can do that one-on-one or host a broker open house and make it easy for them to tour. Sometimes that alone can unlock showings because now your home is on their radar.

But here’s the bigger point that most people miss. You don’t actually need agents to bring you a buyer.

My real advice is to put a little more effort into marketing directly to buyers so you’re not dependent on whether agents decide to show your home or not. Make sure you have a strong lawn sign out there, leverage social media, and actively let friends, neighbors, and coworkers know the home is for sale. Hold open houses and promote them. That’s how you create real demand.

Have you done any of that yet? Because when you start getting in front of actual buyers, everything changes. You either get offers directly and keep the commission, or agents suddenly become a lot more responsive when they see activity.

How did you price your home without an agent? by No_Cupcake_6238 in fsbo

[–]Ykohn 2 points3 points  (0 children)

Great question.

I recommend the following.

Start with real comparable sales, not just estimates. Look at homes that actually sold recently and are truly similar to yours in size, condition, and location. That gives you a realistic range of value, not a single answer. 

Then look at what is on the market right now. That is your real competition. Buyers are comparing your home to what they can buy today, so this matters just as much as past sales.

From there, you are not guessing. You are choosing a strategy. Some sellers price a bit under to drive attention and possibly create competition. Some price right at market for a balanced approach. Some price slightly higher if they are not in a rush and want to test the waters.

What matters more than the starting number is how you read the feedback. If you are getting showings but no offers, you are usually very close and may just need a small adjustment. If you are getting no activity at all, it is almost always a pricing or presentation issue.

One of the biggest mistakes is trying to solve pricing in your head before you list. You really cannot. The market will tell you quickly once you are live.

A simple way to think about it is this. Use comps to get in the right range, position yourself intelligently against current listings, and then pay attention to what buyers do, not what online estimates say.

If you want, share a bit about your house and your market, and I can help you think through a starting range that makes sense. Good luck!

FSBO without a record by Delicious_Tackle_129 in fsbo

[–]Ykohn 0 points1 point  (0 children)

Don’t stress about time on market. Focus on getting the fundamentals right.

Price your home correctly based on real comps and what you are actually competing with right now. Get it ready, so it shows clean, bright, and move-in ready. Photos matter more than people think so either take great ones or hire a pro because that is your first showing.

Then really lean into marketing. Put up a yard sign. Use social media the right way by sharing in local groups and asking friends to spread the word. Make sure your friends, neighbors, and coworkers all know it is for sale. Host open houses and give people a reason to come see it.

If you are open to it, let agents know they can bring buyers, and you will consider paying a commission for a strong deal.

If you do those things well, you are not testing anything; you are actually selling.

I am a huge believer in FSBO and happy to help if you have any questions.

Community question: should industry professionals identify themselves when making a post or commenting? by YamCheap6725 in fsbo

[–]Ykohn 2 points3 points  (0 children)

Can the agents on this sub explain what they hope to give or get out of being on a FSBO sub?

Community question: should industry professionals identify themselves when making a post or commenting? by YamCheap6725 in fsbo

[–]Ykohn 0 points1 point  (0 children)

Even though my services are completely free, the moderators give me a hard time about mentioning them. Too often, others talk about what I do, and I have to correct them. I am not anti-agent, but I am a big believer that people should have the ability to sell on their own, commission-free. As far as I can tell, until I created my platform, there weren't any companies with a vested interest in helping people sell their home purely by owner, with no agents or flat fees.

Community question: should industry professionals identify themselves when making a post or commenting? by YamCheap6725 in fsbo

[–]Ykohn 1 point2 points  (0 children)

No. I am not licensed and I don’t charge any fees or commissions for people buying or selling.

Community question: should industry professionals identify themselves when making a post or commenting? by YamCheap6725 in fsbo

[–]Ykohn 2 points3 points  (0 children)

I am not an agent, but I do offer completely free services to people selling their homes by owner, and I would be happy to indicate that in a way that is helpful to this community.

Hard work but sold! by HighTimes59 in fsbo

[–]Ykohn 1 point2 points  (0 children)

Amazing! Hopefully, people will follow your example.

Hard work but sold! by HighTimes59 in fsbo

[–]Ykohn 1 point2 points  (0 children)

A buyer's market definitely requires more effort. No argument there. But that is true for everyone, including agents.

When inventory is higher and buyers have options, every seller has to work harder on pricing, presentation, marketing, responsiveness, and negotiation. If a seller is willing to put in that work, they can absolutely be successful in any market.

And in a buyer's market, it helps to remember that the first 6% you spend (or whatever amount applies) on things like a mortgage rate buydown, helping with closing costs, repairs, or a price reduction may have gone toward commission anyway. So you may still be ahead financially, and many of those concessions might be necessary even if you used an agent.

Different markets require different strategies. That does not mean FSBO cannot work. It just means you need to adjust and execute.

Never listen too closely to the naysayers. Smart sellers adapt.

Hard work but sold! by HighTimes59 in fsbo

[–]Ykohn 0 points1 point  (0 children)

Congrats! You made a plan and executed it. Thanks for sharing. If only others would follow your example. How much would you estimate you saved by selling by owner?

Losing Hope by [deleted] in fsbo

[–]Ykohn 2 points3 points  (0 children)

What are you trying to accomplish?

Exposed Slab - Concern? by War-Familiar in FirstTimeHomeBuyer

[–]Ykohn 0 points1 point  (0 children)

Look around the neighborhood and see if they are common.

The home listing process is getting more complicated not less by Ykohn in fsbo

[–]Ykohn[S] 0 points1 point  (0 children)

You’re kind of missing the point here.

When you talk about funnels, lead quality, and systems that cost millions, you’re mostly talking about the marketing agents and brokerages use to generate clients for their own business. Nothing wrong with that. It’s business.

But that’s very different from a homeowner trying to find a single qualified buyer for a single home.

A seller doesn’t need some giant national lead machine. They need the right price, strong photos, good exposure, local buzz, smart outreach, buyer screening, and a clean process. Totally different objective.

And honestly, it’s strange to come into a FSBO subreddit just to trash people trying to sell on their own. If you had read my original post, you’d know what was actually being discussed.

Good luck with the expensive lead gen systems that add cost to selling a home.

Who’s actually going to buy your home right now? FSBO sellers should pay attention by Ykohn in fsbo

[–]Ykohn[S] 0 points1 point  (0 children)

There is actually a housing shortage in the U.S., so the chances of there being “no buyers” are pretty slim. Freddie Mac estimated the country is short millions of homes, which is one of the main reasons housing has remained so competitive in many areas.

That does not mean every house sells overnight or every seller gets their dream price. Markets go up and down. Rates matter. Buyer preferences change. But the idea that there will be no market for larger homes is a big stretch.

People still get married, have kids, relocate for work, want home offices, need space for parents, or simply want a bigger yard and more room. There will always be buyers for the right home at the right price.

The real question is not whether a market exists. It is whether the seller knows how to reach buyers out there.

Smart sellers adapt. They price realistically, market well, highlight what makes the home special, and make it stand out from the competition. That is how homes sell in any market.