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Rainmaker
5,593,979
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Johm,

Some agent do succeed at doing it.  We certainly could have sold our own home, and in the process missed on $$$$ to save $$.  We  listed it and go exactly what we wanted.  We had a great agent. A

Oct 21, 2021 08:32 PM
Ambassador
5,415,703
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

You would think that he would have more important things to do with his time than answering phone calls and showing his home.

Oct 21, 2021 07:21 PM
Rainmaker
4,124,651
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I have always said that if I was not a broker, myself, I would never sell as a FSBO. 

Oct 22, 2021 06:09 AM
Rainmaker
2,642,512
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

I have done it but frown on doing it again. If one is tight for funds, so be it. If not, to remove ones self from the front lines is wise

Oct 22, 2021 05:16 AM
Rainmaker
3,622,888
Brian England
Vacasa - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I am a big fan of Elon Musk but if he is choosing to do FSBO that is not a good decision on his part.

Oct 22, 2021 03:54 AM
Rainer
155,541
Ken Jones, Commercial Real Estate
Kenneth J. Jones, Inc. - Toms River, NJ

John Juarez I've owned and sold many homes.

And, while I've always been my own listing agent, I have NEVER tried to sell FSBO or seek out buyers to buy one of my properties.

That said, I once had a man come to my house and ask to buy it. I advised him to get an agent or have his lawyer write a contract and I'd consider his offer. In the end, he went to his lawyer, submitted a contract offer to purchase, and I sold the house to him

Oct 22, 2021 03:41 AM
Rainmaker
167,148
Jerry Thomas-Construction Loans
Cranbrook Loans - Farmington Hills, MI
Construction Loans in MI, OH, VA, GA and FL.

Some how I don't see Elon publishing his cell number so I can come over to see his home. 

Oct 22, 2021 03:22 AM
Rainer
117,518
Karen Climer
Demetree School of Real Estate - Orlando, FL
Teaching people to pass the real estate exam

I would not.  I want someone else to deal with all the work.  Also, sometimes it helps to have an agent to create some distance.  There is a reason that negotiations are often done through lawyers and it's not always because their legal expertise is necessary.

Oct 21, 2021 07:55 PM
Rainmaker
1,388,078
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

If I list my home in the MLS, is that not FSBO?  ;-)

Oct 21, 2021 07:01 PM
Rainmaker
1,233,739
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Try no. Do and did , yes. I've FSBO'd all my houses of course and I've represented myself on all my purchases too. I've had team members help me, but essentially I've never been represented on any sale or purchase.

Oct 22, 2021 08:12 AM
Rainmaker
6,615,473
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Nope. I would select an outstanding agent active in our community.

Oct 22, 2021 04:55 AM
Rainmaker
4,216,343
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Not a chance. With his stature this is a lawsuit waiting to happen. I have been licensed since the early 70's bought and sold several properties and never represnted myself.

Oct 22, 2021 04:17 AM
Rainmaker
991,865
Doug Dawes
KW Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Probably not. I already have enough to do without adding that to my plate

Oct 22, 2021 07:23 AM
Rainmaker
1,723,835
Lyn Sims
Schaumburg, IL
Schaumburg Real Estate Agent Retired

I'm thinking it was just overpriced. There are many people that just want to  buy whatever the guy touches. It did state that he will not be buying any real estate in any area he lives in the future.

Oct 22, 2021 07:01 AM
Rainmaker
889,337
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

If I sell to an iBuyer who contacted me and is paying market value is that called FSBO? 
If yes, then yes.
If I was inclined to sell my home and leveraged it in a pocket pool there are significant upsides to that, especially in this market.
If I were inclined to sell my FLORIDA home would I represent myself? Yes, it's in FLORIDA.

Oct 22, 2021 04:55 AM
Rainmaker
4,946,417
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

So now he thinks he is a REALTOR too?   That is just silly, he should hire a professional.

Oct 22, 2021 04:52 AM
Rainmaker
1,223,252
Gary Frimann, CRS, GRI, SRES
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker

I would bet his attorney and accountant and their companies were handling the details of the sale.  I think it didn't sell, perhaps, because my ex-wife lives near there...  Just specualtion on my part.

Oct 22, 2021 08:06 PM
Rainmaker
746,013
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Carolina Life RealEstate & Relocation 919-602-8489

I would not nor have I ever. I might represent myself as a seller which is allowed but I would pay a co-op broker fee and would prefer the buyer have a broker. I would also go above and beyond. I like things nice and tidy. 

Oct 22, 2021 09:49 AM
Ambassador
3,058,818
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I'm thinking along the same lines as Ryan Huggins - Thousand Oaks, CA 

Would I do this?  If I did, I would need to add this to my E&O insurance policy. As of now, I am not covered to represent myself on the sale of my own properties.  

Oct 22, 2021 08:58 AM
Rainmaker
600,750
Ernie Steele
Berkshire Hathaway HomeServices Homesale Realty - Lebanon, PA
Call me, let's get started!!! 717-273-3774

When we're ready to sell some other agent is going to make an easy commission.

Oct 22, 2021 06:12 AM
Rainmaker
867,702
Bruce Walter
Keller Williams Realty Lafayette/West Lafayette, Indiana - West Lafayette, IN

John, he missed the boat by not offering a free ride into space with a full price offer.  

Oct 24, 2021 05:58 PM
Rainmaker
646,138
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Santa Clarita & Aliso Viejo

I would try to sell to someone I know or through someone that knows someone that I know but would never publicize a home for sale and not paying a commission to the buyer's agent.  I have never taken a listing that would not pay a buyer's agent a commission.  I personally feel that doing so is abuse of one's real estate license.

Oct 24, 2021 09:38 AM
Ambassador
1,377,775
Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

I had sold several of my own properties myself, prior to entering the real estate business.  One sold for the highest price in the building ever. It is one of the reasons I got into the business in the first place.  I don't know if I would ever be able to trust another agent to sell my home now if I'm being completely honest.  The story of living in a tiny community!

Oct 23, 2021 06:22 AM
Ambassador
3,039,280
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Nope, my E&O wouldn't like it.  I list them.

Oct 22, 2021 03:00 PM
Ambassador
2,571,687
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Hi,  John Juarez 

  I'm not going to put a FSBO sign in my yard, but my company sign will be in front of my house.  Of course I will put it in MLS and offer a good split to cooperating Brokers.

  (If I can't sell my own house, what makes me think I can sell someone else's house?)

Oct 22, 2021 01:37 PM