Why You Shouldn't Sell A home As A For Sale By Owner In Calgary

by Ryan Gillard

Are you thinking of selling your home and taking advantage of the current Red Hot market conditions we have here in Calgary? Maybe you're thinking of selling it as a for sale by owner a fsbo and saving on the real estate commissions... it definitely sounds like a tempting idea. In this video I'll explain why it might be a bad idea and why it might cost you a lot of time and money!

Below is a brief summary of the topics I'll cover in this video. Check out my youtube channel for a complete list of all reasons you might want to consider selling as a for sale by owner.

Lack of Exposure: FSBO listings may not receive adequate exposure compared to listings managed by realtors, resulting in fewer potential buyers.
Types of Buyers: FSBO properties may attract less desirable buyers, including those seeking significant discounts or unable to secure financing, leading to lower sale prices.
Sales and Negotiation Skills: Selling a home requires experience in sales, negotiation, pricing, and understanding market dynamics, which many homeowners lack.
Legal Complexities: FSBO sellers may encounter legal issues due to unfamiliarity with paperwork, disclosures, and potential liabilities, increasing the risk for both buyers and sellers.
Time and Effort: Selling FSBO often takes longer and requires significant effort, including maintaining the property for showings and accommodating potential buyers' schedules, leading to decreased sale prices and prolonged market exposure.