FSBO's are 90% of the time overpriced these days in my parts. In Vegas lots of them around and many are people saying "if I got X$, I would sell". Not sure how it works in other areas, but in Vegas the best prices right now seem to be listed by realtors and on occasion places like Assist 2 Sell. That shows the people actually are serious about selling their house instead of being like most FSBOs where the guy doesn't care if he is going to sell and won't negotiate as a result.
Where I live FSBO's are usually cheaper. Most people will ask a slightly lower price since they're saving the commision that they would pay to the realator. When I bought my last home I asked the sellers if they would take my price. They said yes and then I had my lawyer write up the offer.
Holysmoke said:
Amen to that Smoke. Just ask any person who is taking care of the purchase loan just how much realtors care about anything but the closing. As a group, realtors are the most unpleasant to work with. I read a stat once stating realtors have the biggest turnover of any sales profession. And that as a group they average less income than flipping burgers. It is a crime what they get paid versus what they do.
