For Sale By Owner

     When is the real estate market going to improve?  I feel bad for those who are trying to sell a house right now, but there must be a solution.  At this point, sellers are questioning whether or not it is worth it to hire a real estate agent.  An article in CBS news suggests that people should sell there homes on their own.  The commission that goes to a real estate agent could dip into the seller's personal savings according to http://www.cbsnews.com/stories/2008/09/11/business/realestate/main4438443.shtml.  This sounds like advice worth listening to considering it is currently one of the few truths in the real estate business.  It will not be detrimental if a seller sells without a real estate agent by his side.  Just about everything else in the business is unknown.

     I can speak from personal experience.  My family has had a house for sale for more than two years now, and it is impossible to get a buyer interested in buying the home.  It is rare that one will visit the home.  Even considering that it is a quality house in a great neighborhood, there has not been interest.  It does not help that there are around twenty houses for sale in the same price range in the same neighborhood!  I feel as if no one has the answer in the real estate business right now and that it will stay that way for a while.  

     Anyone who can positively impact the real estate market will help a myriad of sellers.  All I want is for my parents' house to sell.  But it's nice to know that the CBS News article can give such great advice as to "think like a buyer" and "set the right price."  This advice is so comforting considering everyone knows that already!  That information is common sense, isn't it?