For sale by owners (FSBO) need to know the process
Because inventory is low it makes it a seller’s market, but NOT if you price it too high. Then the market works the way the market always does. It sits and waits the Seller out.
The worst kind of FSBO’s are the people who think they control the process. Let’s get one thing straight, the
Dear FSBO the longer your house stays on the market the less value it has. The market perceives the property as having something wrong with it. This is even more true when other houses in your neighborhood go on the market and go under agreement as you sit. The question the consumer-Buyer has is, what is wrong with this house. They will know overpriced in a heartbeat and don’t know you are working with yesterdays strategies. I wish you all the best FSBO but you need to know the process to win.