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But there’s another important demographic being negatively impacted by foreclosures – tenants. Just like owner-occupied properties, when a landlord falls. 8 Reasons Most FSBOs End Up Hiring An Agent Mortgage Masters [.]
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The differential in selling prices for FSBOs when compared to MLS sales of similar properties is about 5.5%. The sales in 2017 suggest the average price was near 6% lower for FSBO sales of similar properties. Bottom Line. If you are thinking of selling, For Sale By Owner may end up costing you money instead of saving you money.
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The best way to contact FSBOs starts with offering value. You have to do this for a number of reasons. Most agents just mention how they will get the home sold. The owner probably thinks realtors are worthless. Helping them is the goal here. This does that. It shows the owner you aren’t just it.
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