Welcome to FSBO First Aid

Flat Rate MLS Listing Fees $495

Did you know that 85% of all buyers are found on the MLS?  How  do you get your home listed on the MLS where those buyers can see it?  We are here to help you do just that.

We are a full time staffed marketing firm that provides you with phone and email support. We have a live person to answer your call and assist you will filling out your Listing Agreement and MLS Input form. Why pay more? You are purchasing, for $495, a listing of your home for sale on the local MLS service as well as all of the legal documents you will need to complete a transaction and a FSBO First Aid support document that will inform you on the step by step processes of selling your home.

What you get (other than this cool information) for just $495:

  • A real, live person to answer your call and any questions you have
  • 5 Photos of your home
  • Syndicated to top local and national websites and portals
      
  • Unlimited changes to listing
  • Using our facilitator services, other real estate agents can only call to get information about your home, schedule a showing, but nothing else. If they do they will be in violation of the MLS, Ethics, and the rules and guidelines set forth under Real Estate Law in Minnesota. Therefor you will not be dealing with endless calls from Real estate agents trying to list your home.. Depending on your area we will assign you to a licensed facilitator that will assist in your transaction.

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Home Buyer Statistics

Home Buyer Statistics


First Time Buyers vs. Repeat Buyers

First-Time Repeat Buyers
Percent in the Market 35% 65%
Median Age 32 52
Median Household Income $72,000 $98,000
  • The typical home purchased in 2015 was 1,900 square feet in size, was built in 1991, and had three bedrooms and two bathrooms.
  • Among those who financed their home purchase, buyers typically financed 90% of the home price.
  • 88% of buyers purchased their home through a real estate agent or broker—a share that has steadily increased from 69% in 2001.
  • Where buyer found the home they purchased:
    • Internet: 51%
    • Real estate agent: 34%
    • Yard sign/open house sign: 8%
    • Friend, relative or neighbor: 4%
    • Home builder or their agent: 2%
    • Directly from sellers/Knew the sellers: 1%
    • Print newspaper advertisement: 1%
  • 78% of home buyers surveyed in NAR’s 2016 Community Preference Survey responded that neighborhood quality is more important than the size of the home.  57% would forego a home with a larger yard in favor of a shorter commute.
  • NAR’s 2016 Profile of Buyers’ Home Feature Preferences found that the feature that had the highest dollar value buyers were willing to pay more for was a waterfront property.
  • 53% of home buyers undertook a home improvement project within 3 months of buying, typically spending $4,550 in improvement projects.

*Source: 2016 National Association of REALTORS® Profile of Home Buyers and Sellers


For Sale By Owner (FSBO) Statistics

      • FSBOs accounted for 8% of home sales in 2015. The typical FSBO home sold for $185,000 compared to $240,000 for agent-assisted home sales.
      • FSBO methods used to market home:
        • Yard sign: 33%
        • Friends, relatives, or neighbors: 21%
        • Online classified advertisements: 10%
        • Open house: 21%
        • For-sale-by-owner websites: 7%
        • Social networking websites (e.g. Facebook, Twitter, etc.): 9%
        • Multiple Listing Service (MLS) website: 13%
        • Print newspaper advertisement: 3%
        • Direct mail (flyers, postcards, etc.): 2%
        • Video: 1%
        • None: Did not actively market home: 41%

Most difficult tasks for FSBO sellers:

      • Getting the right price: 18%
      • Preparing/fixing up home for sale: 13%
      • Understanding and performing paperwork: 12%
      • Selling within the planned length of time: 3%
      • Having enough time to devote to all aspects of the sale: 3%

*Source: 2016 National Association of REALTORS® Profile of Home Buyers and Sellers

FSBO Challenges

The Top Ten Challenges Faced by For Sale By Owners

  1. Virtually every buyer buys by comparison. Having only one house to show prevents you from helping the buyer do comparison shopping; be able to substantiate the price.
  2. It is difficult to determine the tastes and requirements of a buyer if you have not had the opportunity to fully qualify him/her beforehand.
  3. Do you have the legal expertise to personally prepare a valid and fully enforceable contract? If not, be sure to have an attorney review all documents.
  4. Buyers are reluctant to discuss their finances with the other principals. Most sellers fail to ask for a credit report, source of down payment, as well as other information critical to determining the buyers’ credit worthiness.
  5. If you have to call the buyer back yourself, you are weakening your bargaining position and may give the buyer the impression that you are desperate to sell. A seller who seems anxious usually receives less money for their home.
  6. Buyers normally will not discuss disadvantages or shortcomings they feel are present in your property. Thus, because you do not know what their objections are, it is virtually impossible to overcome them.
  7. By showing your property to whoever calls on your ad or your signs, you will often waste valuable time doing showings for unqualified prospects.
  8. Buyers, who know you are selling For Sale by Owner, almost always deduct the six percent off your asking price. You are essentially viewed as a “wholesaler” and thus, buyers expect to pay a wholesale price, rather than a retail price.
  9. Obtaining the name and phone number of everyone who calls is often difficult. Buyers are often reluctant to provide strangers with accurate information about who they are and what they can afford. A call capture system can help eliminate this problem.
  10. For most sellers, their home is their most valuable possession. Are you willing to risk having your most valuable possession sold by someone other than a well-trained, seasoned professional? A knowledgeable mortgage loan specialist can be an asset in helping the process go smoothly.

We are here to help.

Purchase Service

Why pay more? You are purchasing, for $495, a listing of your home for sale on the local MLS service as well as all of the legal documents you will need to complete a transaction and a FSBO First Aid support document.

What else you get for just $495:

  • A real, live person to answer your call and any questions you have
  • 5 Photos of your home
  • Syndicated to top local and national websites and portals
  • Unlimited changes to listing
  • Using our facilitator services, other real estate agents can only call to get information about your home, schedule a showing, but nothing else. If they do they will be in violation of the MLS, Ethics, and the rules and guidelines set forth under Real Estate Law in Minnesota.

Kit Type Selection