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About UsA few years ago, while looking for a bigger home, my wife and I saw a house with a real estate agent sign that looked appealing. We called our real estate agent, who called the homeowners real estate agent, and we took a tour of the house. We liked what we saw so we made an offer and bought the house. All of this seems OK except the homeowners had been trying to sell themselves, but they did not have an effective way to market their home to the masses. Discouraged, they decided to list with a real estate agent the very week that we saw the sign in the yard. After talking with the homeowners after the sale we all realized that if my wife and I had only known their house was for sale when it was FSBO both parties would have saved a lot of money. The homeowners would have kept several thousand more dollars of their equity and we would have saved several thousand dollars on the purchase price. It made us sick! If we had only known the house was FSBO. This house purchase has always bothered my wife and me. Not because of the house itself, but because of the missed opportunity to save several thousand dollars. We would have preferred to call the owner ourselves, tour the house, and negotiate directly with the owner. We also could have arranged the appraisal, home inspection, title search, and the attorney to advise and review the paper work. These were closing costs that we were going to have to pay regardless of the type of sale-FSBO or through a Realtor™. This is the reason why FSBO West KY was created- to make sure homeowners have a place to advertise their house FSBO, that homebuyers know which houses are FSBO, a way to get both parties together and for everyone to save some money. Don’t miss an opportunity! It may save you several thousand dollars!
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