NYC FSBO sellers have a high success rate. Here's how you can save six percent commission: http://www.hauseit.com/fsbo-nyc/
Are you thinking about selling your home without an agent in New York City? If so, you are probably curious what the FSBO success rate is in NYC.
The For Sale by Owner success rate in NYC varies dramatically depending on how you are approaching the home sale process. Are you going it completely alone and listing your home For Sale By Owner on Zillow and StreetEasy? Or are you listing it via an Agent Managed FSBO for a flat-fee or using a 1% discount full service listing option?
In this Hauseit tutorial, we compare the success rate of three different zero or reduced commission models for selling in NYC. They are:
Traditional For Sale by Owner
Hauseit’s Agent Managed FSBO Service
Hauseit’s 1% Discount Full Service Listing Option
Sell in NYC for only 1%: http://www.hauseit.com/agent-managed-listing/
So, what’s the success rate for traditional FSBO sellers in NYC?
The success rate for traditional FSBO sellers in NYC is absolutely abysmal. This is due to a combination of factors, primarily because FSBO sellers lose confidence in their ability to properly market the home and succumb to broker solicitation and harassment until they hire a full-commission listing agent. The traditional FSBO seller neglects the vast majority of home buyers who are represented by agents.
Now, what’s the success Rate in NYC for sellers who choose Hauseit’s Agent Managed FSBO option?
An agent managed FSBO listing will have a success rate equal to a traditional for sale by agent listing assuming the home seller doesn’t fall prey to one of the top 3 mistakes and reasons why NYC FSBO sellers fail. These mistakes include having an unrealistic listing price, not investing in professional photos, or losing confidence in the face of broker solicitation and harassment.
Learn about Hauseit’s agent-managed FSBO (NYC Flat Fee MLS) service: http://www.hauseit.com/list-home-nyc-mls/
What exactly is Hauseit’s 1% discount full service listing option?
Hauseit offers a 'traditional' full-service listing service for a very untraditional commission of 1% for busy home sellers who don't have the time to go the FSBO route but still want to save.
To recap, why are FSBO success rates so low in New York City?
FSBO success rates for people who attempt the traditional for sale by owner route are low primarily because they lose confidence and lack basic knowledge about the home sale process in NYC. Many FSBO sellers are poised for failure from day one for reasons such as an out of touch listing price or amateur photos.
But even if a traditional FSBO seller is perfectly managing the sale process, he or she will still be highly vulnerable to the solicitation and harassment of traditional agents who make a living converting FSBO sellers into full-commission clients.
Selling FSBO in NYC? Save six percent and succeed with http://hauseit.com
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