All Denver Real Estate Blog

All Denver Real Estate Blog*** 1-877-378-8213***

Larry Hotz, Kentwood Real Estate, Greenwood Village, Colorado

  • Home
  • MLS Search
  • Relocation
    • Neighborhood Finder
    • Relocation Package
    • Relocation Articles
    • Relocation Map
    • Denver Suburbs
    • Corporate Relocation
    • Denver Weather
    • Denver Relocation Realtors You Can Trust
  • Luxury Real Estate
    • New Luxury Listings
    • Luxury Homes Blog Articles
    • Cherry Hills Village
    • Greenwood Village
    • Castle Pines Village
    • BackCountry
    • Heritage Hills
    • Luxury Gated Communities
  • Blog
    • Latest Blog Articles
    • Real Estate News
    • New Denver Homes
    • Realtor Stories
    • Denver Relocation
    • Home Loans
    • Kentwood Company
    • Downtown Denver
    • Stapleton
    • Evergreen, Colorado
    • South Suburbs
    • Boulder, Colorado
    • Highlands Ranch
    • West Suburbs
    • Louisville
    • North Suburbs
    • Aurora
  • Buying
    • Home Mortgage Rates
    • Buyer Broker Advantages
    • First Time Homebuyers
    • Denver Metro Schools
    • Denver Crime
    • Interactive Denver Crime Map
    • Denver Churches
    • Denver Synagogues
  • Selling
    • Free Home Valuation
    • Kentwood Company
    • Kentwood Advertising
    • Agent Criteria
    • Listing Services
    • Seller Tips
    • Out-State Referral
  • About Us
    • The Hotz Group REALTORS®
    • Meet Larry Hotz
    • Luxury Homes Realtor Elizabeth Hotz
    • Trust Meredith Hotz
    • Dotson Skaggs, Castle Rock
    • Martin Team, Littleton
    • Robert McGuire, Downtown
    • Boulder, Louisville Realtor
    • Tom Cryer, Denver Relo
    • Meet Steven Kruse
You are here: Home / Selling / Should I Sell For Sale By Owner?

Should I Sell For Sale By Owner?

March 26, 2021 By Meredith Hotz Leave a Comment

Photo By Andrew Coop

According to US News, Denver is the 2nd best place to live in the country.

Denver Real Estate Market is Hot!

For Sale By Owner

Some Sellers are choosing to sell as For Sale By Owner.

Now, some sellers are seriously considering selling as a For Sale By Owner. Because, Denver is one of the hottest markets in the country. Between being one of the sunniest cities in the US, Denver averages about 300 days of sunshine, and a healthy economy, Denver is among the best places to live.  Basically, the secret is out and people are flocking to the Mile High City.

According to a recent study by Bloomberg, 1.34 people moved to Denver for every 1 person who moved out. With the influx of people wanting to purchase a home in Denver, homes are flying off the shelves faster than Hamilton tickets! The spike is making some homeowners wonder if they should sell their home on their own as a For Sale  By Owner.

Should I Sell For Sale By Owner?

Right now most homes in Denver are selling in a weekend, typically for 5-15% over the asking price. The bidding wars have gotten out of control in some areas. With buyers offering $100,000’s over asking in some areas and offering to waive their appraisals, it’s a sellers’ market, to say the least. This has some homeowners feeling like their best option is to skip the Realtor and become their own Realtor. For sale by owner homes, or FSBOs, are popping up all over town. But are these sellers really saving money in the long run by deciding to sell FSBO?

When a seller hires a Realtor to sell their home, they aren’t just asking someone to take some pictures and throw it in the MLS. Many full-service Realtors do so much more. Personally, we (The Hotz Group) offer a variety of services for our full-service listings.

Just some of our services include

  • Assist the seller in determining the current market value of this home. It’s no Zestimate when pricing a home. Many factors are taken into consideration. If a FSBO underestimates the current market value, they will miss out on a bigger payday. If a FSBO overprices a home, it may sit and not sell.
  • Help determine what is necessary to do to the home before going on the market. This could include deferred maintenance items that a seller would want to take care of before it shows up in an inspection. Also, sometimes the
    Many homeowners don't have the time to dedicate to selling their home FSBO.

    Many homeowners don’t have the time to dedicate to selling their home FSBO.

    re are small touches that will really help the marketability of a property and draw more potential buyers in. 

  • Hiring professional photographers and stagers at no additional cost.
  • Advertising your listing beyond the MLS – Reaching out to fellow brokers and clients that have the ability to bring the seller a solid offer.
  • Take calls and answer questions on the seller’s behalf.
  • Sift through the endless amount of offers and vet each offer to not only determine the seller’s net proceeds for the sale but the risk of the offer. Not all offers are equal and each carries a certain amount of risk to the seller. Many times the highest offer isn’t the best offer. The best offer is going to net your seller the most money with the least amount of risk that it will fall apart. Thus putting your seller’s home back on the market and wasting precious time. 
  • Negotiate on the sellers’ behalf to ensure the escrow period goes as smoothly as possible. Also, this warrants that there will be no surprises to the seller along the way.

The Real Costs of FSBO

Moving is stressful enough. Hiring a full-service Realtor can make the process less stressful and more streamlined. When it comes to paying a Realtor a commission, it’s not what you are paying, it’s what you’re getting. Not to mention the liability that sellers are putting on themselves when deciding to sell For Sale By Owner. Also, there are many instances where the seller can get sued for missing deadlines, misrepresenting something on the property, or forgetting to disclose adverse facts about the house. In fact, many smart Realtors choose not to represent themselves as a By Owner.

The bottom line is if you decide to sell your property on your own, what you save in Realtor fees you may pay for somewhere else in the transaction. Please let me know any questions you might have on the form below.

Get more information quickly...


No votes yet.
Please wait...

Filed Under: Denver real estate market, Selling Tagged With: for sale by owner, FSBO

About Meredith Hotz

Meredith is a top-producing Broker with the Hotz Group at Kentwood Real Estate. She has also been selected as a blogger for All Denver Real Estate, a top-rated real estate blog.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Easy Homes Search

Search Our Website

Denver Resources

  • Neighborhood Finder
  • Denver City Neighborhoods
  • Suburbs For Relocation
  • Home Buyers Relocation Package
  • Best Denver Schools
  • Dream Home Finder
  • Denver New Homes

Featured Properties

2801 Perry Street

2801 Perry St. | Sprocket Custom In Sloan’s Lake

Price: $1,499,000 Bedrooms: 5 Baths: 4 Sq. Ft: 3,918 finished Year Built: 2010 2801 Perry … [Read More...]

4780 Nighthorse Court, Parker – Pradera Country Club

Price: $799,900 Bedrooms: 4 Baths: 5 Sq. Ft: 4345+2135 Year Built: 2006 4780 Nighthorse Court … [Read More...]

26924 E Archer Ave in Harmony Colorado

Price: $460,000 Bedrooms: 3 + Office Baths: 2.5 Sq. Ft: 1,962 total Year Built: October … [Read More...]

Lone Tree Colorado Kitchen

10052 Astoria Court, Lone Tree, CO 80124

Price: $925,000 Bedrooms: 5 Baths: 4 Sq. Ft: 4,935 Year Built: 1997  10052 Astoria Court … [Read More...]

Happy Clients


Chris and Kira's Move From Texas

  More Video Testimonials

Copyright 2000-2021 by Loren Hotz. All Rights Reserved. Loren (Larry) is a Broker Associate of The Hotz Group at Kentwood Real Estate. Some articles on this real estate blog were written by Brokers employed by various brokerages including Kentwood Real Estate as identified. Unless otherwise identified, luxury Denver real estate market statistics were provide by the Denver MLS search company, ReColorado.