Tuesday, August 28, 2007

What Happens When a FSBO Deal Goes Bad?

What Happens When a FSBO Deal Goes Bad?

Homebuyer Regrets Going "FSBO"by Blanche Evans
Homebuyer Alan Jacobson wants to tell the world, "Always use a Realtor." After weeks of disputes, he outlines his side of the case on a website called FSBOgonewrong.com where he and the seller are now in a spaghetti western standoff.
Read the entire article at:

http://realtytimes.com/rtapages/20070629_regretfsbo.htm


Who do you know that is looking for a home and considering the purchase of a “for sale by owner” without having a Realtor represent them? Call me now. Jim Lubinsky 614-766-5330 ext 119


Columbus Real Estate Sales performance:

Single Family Homes sold

January 1 – June 30 2006 11,455
2007 10,380 preliminary count
change -10%

Condominiums

January 1 – June 30 2006 1,909
2007 1,829 preliminary count
change - 4.4%


The Columbus Real Estate market is still well and homes are selling. We have seen several multiple offers on properties lately. Columbus has traditionally outperformed the national market and continues to do so.

Sellers – your home must be in top condition and priced right OR priced well below the market if you don’t want to prepare it properly.

Buyers – don’t expect major concessions from sellers. Offers at 10% or more below ask price are likely to be rejected. Be realistic in your expectations and don’t be swayed by media and national statistics.

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