Robert Burns:  Broker

BWW Realty / Auction Sells Fast
4155 Essen Lane, Suite 228
Baton Rouge, LA  70809-2152
225-201-0390 or 225-235-4346

Email:  Robert@BWWRealty.com
 
 

 

FSBO Websites (Assisted and Unassisted)

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FSBO Websites can be subdivided into two broad categories:  UNASSISTED (or pure) FSBOs, which are really mere advertising services (and most contain a disclosure to ensure they aren't confused with offering real estate services) and ASSISTED FSBOs (AFSBOs), which were discussed in some detail on the real estate industry controversies / problems page.

AFSBOs entail low, flat-fee MLS capability allowing the client to reallocate the LISTING agent fee which would have otherwise been applicable with a "traditional" listing (and which is lowered significantly by using an AFSBO) to the BUYING AGENT (who brings the "loaded gun" making the sale a reality). 

Many FSBOs offer a choice of assisted or unassisted.  Listed below are some of the most prominent FSBO sites by classification of UNASSISTED or ASSISTED:

UNASSISTED (i.e. no provision for listing property in MLS):

FSBOBR.com (Baton Rouge's most prominent site -- packages range from $99 to $249).

XtremeFSBO.com (listing on site is FREE -- site registered to principal of Suncap Mortgage in Baton Rouge).

BRFreeFSBO.com (listing on site is FREE -- site registered to Jan Stubbs who relays the site is paid for by
                                  sponsors listed under the "resources" tab whom they hope visitors will consider utilizing).

BuyOwner.com (Fees not disclosed but must contact "consultant" -- stipulates visitor must attest to NOT being an
                            agent before homeowners' contact information is provided -- apparently the designers of this site
                            aren't familiar with buyer agency agreements in which the buyer agrees to compensate his or
                            her own agent!!)

TheYellowSign.com (Fees not disclosed but must contact "consultant"  -- has generated almost ZERO interest
                                   in Louisiana). 

ASSISTED (i.e. provision for low, flat-fee listing of property in MLS):

DavidDWilson.com (Local Baton Rouge Broker, Dave Wilson, offering the availability to place property in the
                                  GBRAR MLS at flat fee of $495 plus whatever client chooses to pay a buying agent).

SharpMLS.com (New Orleans based broker, Jude Smith, offering to list properties in LA, MS, and AR, for a
                            flat fee -- either $349 or $425 in Baton Rouge -- plus whatever client chooses to pay a buying
                            agent.  His system is HIGHLY automated with even property disclosure forms allowing for
                            e-signature and enabling homeowners to obtain a Username and Password to initiate MLS
                            price changes themselves.)

WeSaveBatonRouge.com (Local Assist2Sell representative, Tim Cutrer.  Fee is $2,995.  Key distinction regarding
                                             this company's fee is that it is paid at closing (vs. up-front), so, if the home doesn't sell,
                                             the client isn't out any outlay).

HelpUSell.com (Local Help U Sell representative, Della Neely.  Fee is $2,950.  Key distinction regarding this
                           company's fee is that it is paid at closing (vs. up-front), so, if the home doesn't sell, the client isn't
                           out any outlay).

ForSaleByOwner.com (Unassisted price ranges are $89 - $599 with Assisted costing either $699 or $899).
 

Owners.com (Unassisted is FREE with Assisted costing $377 or $597). 

FSBO.com (Unassisted price ranges are $69 - $199 with Assisted costing $399).

FlatFeeMLSListing.com (Fee is $399 and up depending upon area -- BR is $429 -- with that being all
                                           that's owed the listing firm irrespective of whether a buying agent is involved or
                                           not). 

Homes By Owner.com (franchise with local representative in major areas, including Baton Rouge, Brandon
                                       Woods.  Fee is $495 for Baton Rouge with that being all that's owed the listing firm
                                        irrespective of whether a buying agent is involved or not).

As is readily apparent, the FSBO market (assisted and unassisted) is large.  Ignoring the FSBO market is tantamount to voluntarily excluding TONS of nice homes available on the market which, in turn, reduces the chances of finding your dream home.

 

 
 
 
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