For Sale By Owner (FSBO) Statistics

The following statistics are from the National Association of Realtors:

For Sale By Owner (FSBO) Statistics:

FSBOs accounted for 8% of home sales in 2016. The typical FSBO home sold for $190,000 compared to $249,000 for agent-assisted home sales.

FSBO methods used to market home:

Yard sign: 35%
Friends, relatives, or neighbors: 24%
Online classified advertisements: 11%
Open house: 15%
For-sale-by-owner websites: 8%
Social networking websites (e.g. Facebook, Twitter, etc.): 13%
Multiple Listing Service (MLS) website: 26%
Print newspaper advertisement: 5%
Direct mail (flyers, postcards, etc.): 4%
Video: 2%
None: Did not actively market home: 28%

Most difficult tasks for FSBO sellers:

Getting the right price: 15%
Understanding and performing paperwork: 12%
Selling within the planned length of time: 13%
Preparing/fixing up home for sale: 9%
Having enough time to devote to all aspects of the sale: 3%

If this is something you don’t want to do a Realtor can certainly make the process easier and take care of the details and preapprovals for you!!!

Have a fantastic day, Joe

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Common Buyer Pitfalls to Avoid

Common Buyer Pitfalls to Avoid:

Finding a home can be a long process for both first-time and seasoned home buyers. While it may seem like a dating game, with many different suitors before finding ‘the one,’ some people can get distracted by individual properties, preventing them from realizing they’ve found their perfect home. If you’re on the hunt for your first or even fourth home, heed the advice below and avoid these common buyer pitfalls.

Not Seeing the Potential:

For many house hunters, finding a dream home is the ultimate goal. Most of us have a list of wants and needs for our new home, and we can be pretty particular when it comes to finding a home that checks off all those items. A common pitfall encountered by buyers is not being able to see the potential in a home, especially when it comes to the small things. Some buyers can be turned off by a home because of the color of the carpet or paint, even when the property meets all their requirements. Don’t immediately write off a house just because of simple cosmetic details – it could be your true diamond in the rough.

Choosing to Skip the Inspection:

Perhaps you’ve found the perfect home – perfect size, perfect area, perfect price – and want it as soon as possible. You decide to skip the home inspection because of a competitive market. Bad idea, and a buyer pitfall quite a few people fall victim to. While skipping an inspection might seem like a good idea, especially in a hot real estate market, the inspection is essentially a ‘health check’ of a property, and the last thing you want is to spend a lot of money on a sick home. Avoid this pitfall by always insisting on a home inspection – it will only benefit you in the long run.

Not Thinking of the Future:

When it comes to finding a home, it can be very tempting to find one that fulfills one’s needs at the moment. If it’s just you and your significant other, finding a home with four bedrooms might seem like a ridiculous idea. But, for those individuals or couples thinking of the future, it’s not such an outrageous idea. When buying a home, especially in a very competitive real estate market, thinking about the future might be beneficial. If you don’t intend on moving within the next five years, finding a home that fits your needs now and five years from now is a great idea. Many of us have the tendency to think in the moment, and while that can be very exciting for certain things when it comes to finding your home, it could possibly mean needing to find a different home in a year or two.

Forgetting Your Needs:

It’s all too common for some buyers to fall in love with a home and compromise on something. While compromising on whether or not a home has a garage that will fit two or three cars may seem like a simple compromise, falling in love with a modern downtown studio apartment when you need a three-bedroom house is not. When you begin your real estate search, avoid forgetting your actual needs. There’s a reason why you’re looking for a home with 3 bedrooms or a two-car garage: it’s because you need those features in a home. And while you’ll likely fall in love with a home that doesn’t quite fit your must-have list, don’t compromise on those vital items – you’ll only end up disappointed in the end.

Avoiding Using an Agent:

While it may seem like a great idea to go it alone, a common buyer pitfall is choosing to not use an experienced agent. Sure, you can look at listings online or check out your local newspaper’s real estate listings, but do you have the inside scoop on recently listed homes or homes that haven’t even hit the market? Not likely. Real estate agents are incredibly valuable to the home buying process, especially when it comes to finding properties that suit your wants and needs. They communicate with other agents; they have access to different Multiple Listing Services, and they provide an incredible service to you. Choosing to go it alone on your home purchase might seem like a good idea, but for many, it’s not. Avoid this pitfall by employing the services of your talented and professional agent – we have your best interests at heart!

Until next time have a fantastic week, Joe

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Beautiful 4 Acre Home Site

735 GREENWOOD LOOP RD C , KETTLE FALLS , WA 99141

 

Nice, flat 4 acre parcel with unobstructed views of the mountains and valley on all sides. Established and prepared circle drive with a wonderful new shop, power installed and multiple building sites ready for you and your dreams. Minutes to either Colville or Kettle Falls. Several variety of wildlife as neighbors. Deer, Elk, Turkey. Easy access off of county road. Priced ready to sell. Price just reduced to $48,000!!!  MLS 34562

Directions: From Kettle Falls take Meyers street to Greenwood Loop. Left on Greenwood to parcel on right side of road. From Colville 395 to Greenwood Loop to sign on left

Give me a call and set up a showing for your new dream property!

Joe Conowitch 509-690-7290

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Beautiful edge of Colville Homesite Listing!

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Tbd Buena Vista Rd, Colville, WA 99114

45.49 acres

Lot/Land
$85,000
Amazing territorial views, pond on upper end, nice timber. Great Hunting & Recreation with a beautiful home site. Room for a garden and a nice site for a shop. Surveyed and easy access!
MLS 33211
Call, text or email me for a showing, Joe  509-690-7290
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Large Country Home Site Listing Kettle Falls WA

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Tbd Beardslee Rd, Kettle Falls, WA 99141

41.5 acres

Lot/Land
$119,000
Beautiful open grass covered field with country road on 2 sides. Undeveloped spring in the draw along the south side of the property. Territorial view home sites on the upper bench would be great for a daylight basement home! Property to be conveyed in it’s present tax classification of Agricultural use.  MLS 34553
Call, text of email me for a showing, Joe 509-690-7290
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Large Country Home in Colville WA for sale!

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1748 Bohanan Rd, Colville, WA 99114

3 beds 2 baths 2,589 sqft

Spacious Rancher in the woods with abundant wildlife. Rural Resources Weatherization Pack in 2013. Finish the outside of the large addition to your liking. Garden space with plenty of good water, sunshine and room for your animals too! Great territorial views yet secluded! Landscape the way you want it! Call for an appointment to see this spacious home!  $180,000 MLS 34083

Large Country Home in Colville WA.

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One of my family home listing in Kettle Falls Wa

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4 Arrow Ct, Kettle Falls, WA 99141

3 beds 2 baths 1,920 sq ft

3 bedroom, 2 bath home on Lake Roosevelt Govt Frontage Lot by Barneys Junction. New flooring in Kitchen & living room, new water heater & a custom light fixture in the living room. Separate Master Suite upstairs with a good view of the Lake. Mudroom off garage has a shower. Plenty of room for gardening and recreation!  $219,000  MLS 3393

Arrow Court Kettle Falls, WA

Call, email or text me for a showing to see this wonderful home…  Joe C.  509-690-7290

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