How do home buyers view FSBO's

Updated March 21, 2011

If you are trying to sell your own home in Nanaimo you may be interested to read how home buyer's view FSBO's.

 There are four distinct groups of home buyer's:

 1.  First time home buyer's -  Most first time home buyers are nervous about buying a home.  They are often uncomfortable dealing with someone selling their own home.  Often without the help and guidance of a REALTOR  guiding them through all the unfamiliar steps of buying a home, they simply won't make the purchase.

 2.  Nearby house changers - These are local people who can take their time looking for their next house.  They know the area well and are often looking for a bargain.  They know that a FSBO is not paying a REALTOR fee so will deduct that fee from their offer.

 3.  Investors - Investors often work through a REALTOR.  Often they are busy people and expect the REALTOR to research and present opportunities to them.

 4.  Out of town buyers - These serious home buyers are often working on a tight time constraint.  They may only have a weekend to find a house.  They need the help of a REALTOR because they don't know the neighbourhoods or the house values.  They often rely on a REALTOR to drive them around and familiarize them with the area.

 How do home buyers view FSBO'sAs a FSBO your target buyer will most likely be either a nearby house changer or an investor.

 For a detailed, no-obligation listing presentation please call me.

Want to apply this to your own move?

Every Nanaimo buyer, seller, property, and neighbourhood has its own details. Ask Lumen for a quick next-step answer, check the latest market stats, or send your question to The Dan Morris Real Estate Team for personal guidance.

Ask Lumen · View market stats · Connect with the team