Why we get no showings after listing For Sale By Owner ?

You decided that you want to sell your house or a condo and listed it on a Zillow or Trulia in “For Sale by Owner” (FSBO). You prepared the house for showings but for some reason there is little or no activity with buyers. You asking yourself over and over – Why we get no showings after listing For Sale By Owner ?  What could be the problem?

Why we get no showings after listing For Sale By Owner

See, these days 99% of QUALIFIED buyers ( meaning pre-approved for a mortgage and with verified initial deposit)  work with the buyers agent. Why?

Because buyers agent does a lot of very useful “free stuff” for them – advices about approval for a mortgage, schedule showings, calling for availability – asking if the house is for sale or already in escrow, driving them from house to house, writing up a contract, performing negotiations, accompanying them at the home inspection and so on.

Since your house is listed only on Zillow or Trulia, AND it is NOT listed in the local MLS – Multiple Listing Service – (the ONLY service used by Buyers agents when searching for the homes for their clients) buyers agents simply UNAWARE that your house is for sale.

Furthermore even if their client tells them about the house they found on Zillow.com or Trulia.com in FSBO section they would be hesitant to show it to them because of uncertainty about BUYERS AGENTS COMMISSION.

See, when buyers agent looks in the MLS for homes to show on the weekend, they clearly see the commission seller offering either as a percentage or a dollar amount (customary between 2 and 3% of the sales price).

Now in case “For Sale By Owner” they dont know if the Seller offer ANY compensation to them for all their hard work they put for several weeks working with buyer.

They would need to contact the seller, negotiate a commission, sign listing agreement with the seller and on top of that to deal with a DUAL AGENCY they just created – basically they have to be equally loyal with their fiduciary duties to both parties.

According to survey, 90% of “For Sale By Owner” sellers are prepared to pay 2.5% commission to the buyers agent, so we help you to get into MLS and start showing your property by offering you our listing agreement with total of 4% commission for both buyers and listing agent. And that extra 1.5%  for our representation of you is added to the price of the property, netting you almost the same amount of money as if you were selling it yourself. What are you waiting for? You have everything to gain and nothing to loose! Itz-Sold.com is here to help you save TIME and MONEY.

Why we get no showings after listing For Sale By Owner Discount Realtor & Discount Real Estate Broker Alex Pavlov