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Review

For Sale by Owner Review: ForSalebyOwner.com

by Victor Zhang • September 26, 2018

For Sale By Owner has most of the necessary tools and resources you need to market and sell your home

See a breakdown of the best FSBO sites

Best For Sale By Owner Websites


As the most popular Do-it-Yourself home selling service, ForSaleByOwner.com does not disappoint with resources covering all aspects of a home sale and their live support.

For Sale By Owner
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Pros

  • Live Customer Support
  • Variety of packages
  • Available in all 50 States and DC

Cons

  • Valuation

Quick Stats

  • On average, sellers save $14,760
  • Receives 7 times more visitors than all other for sale by owner sites, with 2.7 million potential buyers monthly
  • #1 FSBO site in the United States

For Sale By Owner Review

Selling on your own has never been easier. Technology has made the real estate world more transparent than ever. With increased transparency, more information is made available to homeowners and buyers resulting in sites like ForSaleByOwner.com. ForSaleByOwner.com helps homeowners sell their home on their own with a variety of resources, guides, and marketing materials, while also helping home buyers find their next home. As the largest FSBO site, For Sale By Owner is available in all 50 states and DC. With a huge amount of traffic coming into the site, your listing will be exposed to more potential buyers. Overall, For Sale By Owner offers comprehensive packages, great support, and a plethora of resources.

How For Sale By Owner Works

When selling your home, ForSaleByOwner.com has every step of the home sale covered. You will find a resource for almost everything you could possibly need to sell your home. To compare, a regular home sale progresses as follows:

Here are the services provided by ForSaleByOwner.com:

  1. Pricing - They offer a free pricing tool that finds comparable homes currently on the market to help you estimate your home’s value. You can also buy their Pro Pricing package, where a licensed professional will analyze your home and prepare a detailed price report.
  2. Listing - They will assist you in creating your home listing on ForSaleByOwner.com. Depending on the package you choose, your home will be syndicated to other major home search sites and even the MLS.
  3. Marketing your home - For Sale By Owner will help you create brochures, flyers and listings, while helping you market your home on social media. You can also purchase ‘for sale’ yard and directional signs on the site. You can purchase their Pro Photo Package for $149. A photographer will contact you within 1 business day of purchasing. Includes 25 photos of your home.
  4. Showing your home - For Sale By Owner provides you with tips on staging and improvements to increase your home value. They will also guide you through showing your home and hosting & advertising an open house.
  5. Negotiating Offers - You will be given tools and guides to help you negotiate offers from interested buyers.
  6. Close on your home - For Sale By Owner will help you find professionals needed to close your home sale. They also have legal documents available for purchase. You have the option to purchase individual documents you need for any part of your home sale, or get their package that includes all the forms you need.

Pricing and Services

DIY Starter ($99/Mo)

  • Your home will be listed on ForSaleByOwner.com and Redfin
  • Listing includes information & pricing edits and unlimited photos
  • Live Customer Support

DIY Plus ($349 One-time)

  • Your home will be listed on ForSaleByOwner.com, Redfin, Realtor.com, and syndicated to major home search sites.
  • Listing includes information & pricing edits and unlimited photos
  • Live Customer Support
  • “For Sale” Yard Sign

Deluxe MLS ($499 One-time)

  • Your home will be listed on ForSaleByOwner.com, Realtor.com, Redfin, syndication to major home search sites, and the MLS
  • Listing includes information & pricing edits and unlimited photos
  • Live Customer Support
  • “For Sale” Yard Sign
  • Custom Brochures

If your property is listed on the MLS, you will need to offer a buyer’s agent commission (normally 2 - 3%) in addition to these fees.

Guarantees/Refunds

  • Home Selling Guarantee: If you are unable to sell your home after purchasing any package from forsalebyowner.com, they can connect you with a full service agent and refund you any fees paid for your forsalebyowner.com package. If purchased the standard plan, they have the right to limit your refund amount to 3 months of the paid fees. To qualify for the refund, you must sign a binding broker/agent agreement to sell/list your home; You must sign up for the home selling guarantee prior to contact the agent; no fraudulent or deceptive information provided on your listing or anywhere else. Only one refund per forsalebyowner.com listing.
  • A full refund is given if the request made within 24 hours of purchase.

Bottom Line

For Sale By Owner has most of the necessary tools and resources you need to market and sell your home. Since they get the most home buyer traffic of all for sale by owner sites, your home will also get the most exposure on For Sale By Owner’s home search platform. As the most popular for sale by owner site in U.S., For Sale By Owner does not dissapoint.