FSBO (For Sale By Owner) statistics are probably familiar to you if you’ve been in the real estate business long enough Nearly 9 out of 10 homeowne...
FSBO (For Sale By Owner) statistics are probably familiar to you if you’ve been in the real estate business long enoughNearly 9 out of 10 homeowners fail when trying to sell their own home. Wanting to pocket the commission, they go into the process thinking a sign in the front yard is all it takes. Frustrated, they typically turn to a real estate professional, especially if they have some level of urgency to move their house quickly.Like most agents, seeing that FSBO sign in the yard is an urgent invitation to prospect to someone who is, in most cases, eager to sell. Or, you may get an FSBO lead through a CRM/Dialer program like Espresso Agent. Either way, the obvious next step is to give them a call or ring the doorbell. When that happens, you’ll want a professional-looking information packet.But what do you say to your FSBO prospect? Remember, they’ve just gone through months of futility in trying their own hand at real estate sales. If they decide to make the leap to an agent, they’re going to need to feel comfortable that you can bring considerable value to the process.When creating your information packet, here are five points we believe are critical to convincing the FSBO lead to replace their for-sale sign with yours. How do you stack up to each?
Along with expired listings, FSBO leads represent the richest source of ready-to-move listing prospects, for both you and your competitors. What are you doing to differentiate your brand from the pack when it comes to securing that hot FSBO lead?
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