FSBO Real Estate - Houston Texas
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Let us help sell your home fast!
15% to 20% of all homes in the U.S. are sold by the homeowner
without Realtor assistance. We can provide the necessary tools for a
"do-it-yourself" sale and possibly save you $thousands, not to mention some of
the stress.
If you have up to
10 acres for sale, Click
Here for special offer.
Homeowners choosing to
manage their home sale (fsbo) and non-MLS member real estate agents can have
properties listed on the Houston MLS through our office for a nominal fee.
We offer variable rates,
and flat, reduced or discount commission fees for owners who participate in the sales
process. Our most popular plan is a SPECIAL FULL SERVICE PROGRAM including:
Your cost 1.5% or $1800 (whichever is greater) plus a selling fee to the selling broker.
All properties are listed with a full color
photograph on the Houston Multiple Listing Service (MLS) and
on the World Wide Web through the Houston Association of Realtors (HAR) who currently averages
7,000,000 monthly hits. In addition, your
property will also be listed with homeadvisor.com,
We can provide a
home warranty contract
with companies licensed by the State of Texas , often at a reduced rate compared to
individual rates.
We are a full service company,
however we offer alternative fee plans to our customers. We can tailor our services
to meet any special needs you may have.
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Clopton Realty - Bill Clopton Broker/Owner
Landmark Properties - Glen Gill Broker/Owner
Selling Their Homes Alone
Washington Post (10/24/98) P. E1 (Lelen, Kenneth)
About 15 percent of home sellers each year choose to sell their homes on their own without the help of a real estate agent. This type of sales method, called "for-sale-by-owner" (FSBO), is usually used as a way to avoid paying commission to a real estate agent. When using this approach, sellers will often perform the same functions as agents, including advertising, qualifying buyers, and hosting open houses. But unlike in the early 1990s, when some sellers took this approach to eliminate costs, many sellers today are looking to protect their home equity, which has been affected by price appreciation. In order to make the process successful, most sellers will try to educate themselves by using the Internet or working with firms that offer some assistance in the process. Usually these firms charge a smaller fee than agents and will simply guide the seller through the transaction. Some people have had success using this approach, but Larry Lessin, president of Save 6 Inc., a FSBO assistance firm, warns that FSBOs aren't the best method for all sellers. In addition, real estate agents caution that FSBOs typically encounter difficulties in a few areas: understanding the market and obtaining accurate pricing information; losing critical time while learning the process; and handling the complexity of a sales transaction and its most important elements. "Without an advocate means the FSBOs may lose time, money, or a contract," says Sharon Millett, president-elect of the National Association of Realtors, who also said it is often difficult for the seller to hold a buyer from contract to closing.
Should Buyers and Sellers Talk?
Miami Herald (12/13/98) P. 2H (Hymer, Dian)
Dian Hymer writes in a Miami Herald column that most real estate agents are apprehensive about buyers and sellers meeting with one another because of the emotion that is involved in a home sale. Real estate professionals are well aware that as a result of "pride of ownership," writes Hymer, "an objective criticism of a property by the buyers can be misinterpreted as a personal insult by some sellers." Nevertheless, some home sales may call for sellers and buyers to meet, such as For Sale by Owner (FSBO). Hymer adds that it may be a good idea for buyers to hire an agent or a real estate attorney to help with the negotiations of a FSBO transaction. Direct negotiations are likely to go more smoothly if both parties are in favor of meeting. Furthermore, all verbal agreements and disclosures should be put in writing to make them binding.
This page was last updated on 05/11/04.
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