Tuesday, March 28, 2023
Chuck Marunde, J.D., Broker/Owner 360-775-5424


iRealty Virtual Brokers


Broker/Consultant

Washington State

SUBSCRIBE
  • Home
  • Search MLS
    • Sequim MLS
    • Sequim MLS Map Search
    • Port Angeles MLS
    • Port Townsend MLS
    • San Juan Islands MLS
    • All Islands MLS
    • How to Search the Sequim MLS
  • Videos
    • Sequim Videos Q&A
    • Buyer Videos Part 1
    • Buyer Videos Part 2
    • Buyer Videos Part 3
    • Buyer Videos Part 4
    • Living in Sequim Video Channel
  • Books
    The Coming Real Estate Crash

    The Coming Real Estate Crash

    The Sequim Real Estate Trilogy

    The Sequim Real Estate Trilogy

    Sequim Real Estate Videos for Buyers: The Ultimate Video Guide for Sequim Washington

    Sequim Real Estate Videos for Buyers: The Ultimate Video Guide for Sequim Washington

    Escaping California to the San Juan Islands

    Escaping California to the San Juan Islands

    Get Healthy

    Get Healthy: Increase Natural Immunities, Cellular Energy, Deep Sleep & Decrease Blood Pressure

    Manage Your Energy

    Manage Your Energy Not Your Time

    Real Estate Brokerage From Bricks and Mortar to High Tech Virtuality

    Real Estate Brokerage From Bricks and Mortar to High Tech Virtuality

    7 Myths of Selling Your Home

    7 Myths of Selling Your Home

    Buying Your Retirement Home

    Buying Your Retirement Home

    The New World of Marketing for Real Estate Agents

    The New World of Marketing for Real Estate Agents

    Sequim Real Estate For Buyers: Free eBook Updates Forever

    Sequim Real Estate For Buyers: Free eBook Updates Forever

    24 Secrets of Buying a Country Home

    24 Secrets of Buying a Country Home

    Sequim Real Estate: A Buyer’s Guide

    Sequim Real Estate: A Buyer’s Guide

    Living Off The Grid iin Alaska

    Living Off The Grid in Alaska

    Buying and Selling Real Estate

    Buying and Selling Real Estate

    Trending Tags

      • Sequim Real Estate for Buyers (Free eBook Updates Forever)
      • Sequim Real Estate: A Buyer’s Guide (Paperback)
      • Escaping California to The San Juan Islands
      • Buying & Selling Real Estate in The Rain Shadow
      • Real Estate From Bricks & Mortar to High Tech Virtuality
      • The Seven Myths of Selling Your Home
      • Buying Your Retirement Home
      • The New World of Marketing for Real Estate Agents
    • Agents
      Marunde Google

      Chuck Marunde on Google

      Flat Fee Listing Broker

      Flat Fee Listing Broker

      Buyers Agent Chuck Marunde

      Buyer’s Agent Chuck Marunde

      Trending Tags

        • Buyers Agent Chuck Marunde
        • Flat Fee Listing Broker
        • Google Profile & Leave Reviews
      Tetralogy
      No Result
      View All Result
      • Login
      • Register
      • Home
      • Search MLS
        • Sequim MLS
        • Sequim MLS Map Search
        • Port Angeles MLS
        • Port Townsend MLS
        • San Juan Islands MLS
        • All Islands MLS
        • How to Search the Sequim MLS
      • Videos
        • Sequim Videos Q&A
        • Buyer Videos Part 1
        • Buyer Videos Part 2
        • Buyer Videos Part 3
        • Buyer Videos Part 4
        • Living in Sequim Video Channel
      • Books
        The Coming Real Estate Crash

        The Coming Real Estate Crash

        The Sequim Real Estate Trilogy

        The Sequim Real Estate Trilogy

        Sequim Real Estate Videos for Buyers: The Ultimate Video Guide for Sequim Washington

        Sequim Real Estate Videos for Buyers: The Ultimate Video Guide for Sequim Washington

        Escaping California to the San Juan Islands

        Escaping California to the San Juan Islands

        Get Healthy

        Get Healthy: Increase Natural Immunities, Cellular Energy, Deep Sleep & Decrease Blood Pressure

        Manage Your Energy

        Manage Your Energy Not Your Time

        Real Estate Brokerage From Bricks and Mortar to High Tech Virtuality

        Real Estate Brokerage From Bricks and Mortar to High Tech Virtuality

        7 Myths of Selling Your Home

        7 Myths of Selling Your Home

        Buying Your Retirement Home

        Buying Your Retirement Home

        The New World of Marketing for Real Estate Agents

        The New World of Marketing for Real Estate Agents

        Sequim Real Estate For Buyers: Free eBook Updates Forever

        Sequim Real Estate For Buyers: Free eBook Updates Forever

        24 Secrets of Buying a Country Home

        24 Secrets of Buying a Country Home

        Sequim Real Estate: A Buyer’s Guide

        Sequim Real Estate: A Buyer’s Guide

        Living Off The Grid iin Alaska

        Living Off The Grid in Alaska

        Buying and Selling Real Estate

        Buying and Selling Real Estate

        Trending Tags

          • Sequim Real Estate for Buyers (Free eBook Updates Forever)
          • Sequim Real Estate: A Buyer’s Guide (Paperback)
          • Escaping California to The San Juan Islands
          • Buying & Selling Real Estate in The Rain Shadow
          • Real Estate From Bricks & Mortar to High Tech Virtuality
          • The Seven Myths of Selling Your Home
          • Buying Your Retirement Home
          • The New World of Marketing for Real Estate Agents
        • Agents
          Marunde Google

          Chuck Marunde on Google

          Flat Fee Listing Broker

          Flat Fee Listing Broker

          Buyers Agent Chuck Marunde

          Buyer’s Agent Chuck Marunde

          Trending Tags

            • Buyers Agent Chuck Marunde
            • Flat Fee Listing Broker
            • Google Profile & Leave Reviews
          No Result
          View All Result
          iRealty Virtual Brokers
          No Result
          View All Result
          Home Sequim Real Estate

          How to Sell My Sequim Home

          Chuck Marunde by Chuck Marunde
          October 1, 2019
          Reading Time: 5 mins read
          0 0
          0
          how to sell your home

          Photo by Tina Dawson on Unsplash

          How to sell my Sequim home?  This is a question being asked by many.  Here’s a story that may interest you.  The creator of the national website for FSBOs, ForSaleByOwner.com, whose name is Colby Sambrotto, just sold his personal residence using a real estate agent and paid a standard commission of 6% after months of trying to sell it himself.  Why?  How could the guru of FSBOs abandon the core philosophy of all For-Sale-By-Owners across America?  This is relevant for anyone asking how to sell my Sequim home.

          How to Sell My Sequim Home

          Homeowners who want to sell a Sequim home have the odds stacked against them.  Nationwide 85% of FSBOs end up listing with a real estate agent because they cannot sell it themselves, and after loosing a lot of precious market time (like the spring and summer months).  Of the remaining 15%, the majority take their homes off the market in frustration.  Very few homeowners ever get their own homes sold.  Why?

          Apparently Colby Sambrotto spent six months trying to sell his own residence, but finally sold it through a real estate agent for $2.1 million and paid a 6% commission.  The real estate agent actually raised the price by $150,000 and sold it to a buyer that Sambrotto had failed to sell it to.

          This is a text book example of why FSBOs fail over 95% of the time.  We don’t have complete statistics for Sequim, but I think I’m not far off.  Real estate agents here are selling 20 to 30 homes every month, but I think you can count on one hand the FSBOs that have sold during the entire past year.  I fully realize that FSBOs don’t like to hear the truth on this subject, mostly because they don’t believe they will fail.  But the vast majority do fail.

          How to Sell My Sequim Home – Why They Don’t SellHow to Sell My Sequim Home

          Why don’t FSBOs sell?  Here’s my short list of why FSBOs don’t get their homes sold (but it’s not the complete list):

          1. Buyers are not searching for FSBOs, including FSBO sites.  I know.  I’ve asked hundreds.  A few will stumble onto a FSBO site, but selling a home should not be a game of chance.  Don’t believe the sales hype the FSBO sites give you.  Their sites are not very successful.  Many buyers have told me they avoid FSBO sites. (The owner of a FSBO site called me years ago in Sequim to ask me how to do it, because he had never even owned a home himself.)
          2. Buyers prefer to search MLS sites with hundreds of local listed properties.
          3. Buyers prefer to hire an experienced professional agent as their buyer’s representative.
          4. A real estate agent with a large Internet marketing system will reach hundreds of potential buyers for every one  that a FSBO reaches.  This is not an exaggeration.  This is the biggest issue for anyone asking how to sell my Sequim home.
          5. The average FSBO is overpriced, and buyers who have stumbled onto a FSBO that is overpriced, figure that out real quick, and they are gone without ever looking at the home or talking to the sellers.  (Years ago I did a study in Spokane and discovered that FSBOs were overpriced with comparably listed homes by an average of $8,000.)
          6. The vast majority of home sellers simply do not have the experience to price their home right, and
          7. Do not know how to professionally negotiate the best price and terms, and
          8. Do not know how to put together the contracts, appropriate addendums, and handle the inspection and transaction details, and
          9. Do not know how to overcome buyer objections.

          No wonder FSBOs don’t get sold.  All of these are true.  These are the key answers to the quere how to sell my Sequim home. Sure there will be the occasional FSBO who has the experience to price and negotiate and draft documents, but we’re talking about the vast majority of home sellers here, not the few. Even the home seller who can do these things, does not have a large Internet marketing system that generates hundreds of leads from qualified buyers.  They are operating with a huge disadvantage.

          Even the King of FSBOs, the founder of the nation’s biggest FSBO site, ForSaleByOwner.com, could not sell his own home without a professional real estate agent who is plugged into the buyer market.  That should send a huge message to FSBOs.

          FSBOs often tell agents they will pay a 3% commission if they bring a buyer.  Agents will not say anything, but they won’t work with FSBOs without a listing contract.  So if you are a FSBO, don’t get your hopes up that an agent will bring a buyer.  They won’t.

          How to Sell My Sequim Home for the Best Price

          Want to sell your Sequim home?  You will sell it faster and at a higher price if you list it with a real estate agent who knows what he is doing.  That’s the honest truth.  I’ve been in real estate for 37 years, 20 as a real estate attorney, and now I am a full-time real estate broker with a huge Internet marketing system that I’ve spent a lifetime learning to build and tens of thousands of dollars building.  With all due respect, as a home owner who wants to sell your own home, you cannot compete with this.  Be honest with yourself.  If you own a Sequim home you want to sell, don’t you want every advantage you can get to sell your home?  Don’t you want to sell your home in the shortest time period for the highest price?

          Email me at chuckmarunde@gmail.com or call me at 360-775-5424, and I will come out to your house and share with you my impression of your home based on what retirees want and are currently buying.

          How to sell my Sequim home is a question many Sequim home owners are asking but what will you do with the answers?

          Last Updated on October 1, 2019 by Chuck Marunde

          Tags: FSBOsequim home
          ShareTweet
          Chuck Marunde

          Chuck Marunde

          Chuck grew up in remote Alaska, graduated from the University of Alaska with a degree in Economics and Teacher Certification, and after teaching high school for two years, went to law school at Gonzaga University in Spokane, Washington. He served four years as a Captain and JAG in the USAF at Nellis AFB in Las Vegas. After practicing real estate law for 20 years in Washington, Chuck founded iRealty Virtual Brokers covering Sequim and the beautiful Olympic Peninsula. He is the author of 2,200 real estate articles and a dozen real estate books, and he produced over 100 real estate videos. Chuck combined his love for real estate and technology to create a massive Internet presence, and his articles and videos and books have been viewed by millions. Chuck is a well recognized real estate expert and his counsel is sought by other brokers and practicing attorneys around the country. Buyers from New York to Hawaii and from Florida to Alaska seek him out to retain him as their buyer's agent, and home owners around the State of Washington seek him out because of his new Flat Fee Listing Service. 

          Related Posts

          bricks and mortar
          Sequim Real Estate

          Buyers Are Demanding Changes in the Real Estate Industry

          August 27, 2022
          39
          Marunde-Books
          Sequim Real Estate

          Marunde Books: I’m Having Far Too Much Fun Here

          August 15, 2022
          13
          Sequim Real Estate
          Sequim Real Estate

          Massive Upgrades to Sequim Real Estate Blog

          August 11, 2022
          29
          Sequim Home
          Sequim Real Estate

          Is Sequim Always Sunny?

          August 11, 2022
          33
          Chuck Marunde
          Sequim Real Estate

          Sequim Real Estate Videos Organized in an EBook

          May 11, 2021
          8
          Sequim Home
          Sequim Home For Sale

          The Six Steps to Finding Your Sequim Home

          February 3, 2021
          8
          Next Post

          Sequim Investors Cannot Find Homes to Buy

          Strange Homes in Sequim

          Leave a Reply Cancel reply

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

          I agree to the Terms & Conditions and Privacy Policy.

          This site uses Akismet to reduce spam. Learn how your comment data is processed.

          "I wish I read this before selling my
          home. I could have saved $50,000." Andy 

          Search 2,200 Articles by Category

          • Trending
          • Comments
          • Latest
          Buyer and Seller

          What if a Buyer and Seller Talk to Each Other?

          August 5, 2022
          Prorate Propane

          How to Prorate Propane at Closing

          August 15, 2015
          Terminate a real estate contract

          How to Terminate a Real Estate Contract

          December 31, 2020

          The Sequim Blue Hole – A Map of Rainfall

          September 1, 2019
          print newspapers

          Print Newspapers Losing Readers to the Internet

          42
          Buyer and Seller

          What if a Buyer and Seller Talk to Each Other?

          32
          FNMA Killing Transactions by Requiring Private Road Maintenance Agreements

          FNMA Killing Transactions by Requiring Private Road Maintenance Agreements

          31

          What Documents Does a Buyer Need to Buy Real Estate?

          24
          home title theft

          Is Home Title Fraud Real or is it a Fraud?

          March 27, 2023
          Sequim Real Estate Maps and Docs

          Sequim Real Estate Maps and Documents

          February 6, 2023
          Flat Fee Listing Service

          Sellers Chase the Market Down Once Again (UPDATED)

          March 22, 2023
          Sequim real estate market

          Sequim Real Estate Market: Annual Review for 2022

          February 3, 2023

          Subscribe to Chuck 
          Marunde's Newsletter

          Popular Stories

          • Buyer and Seller

            What if a Buyer and Seller Talk to Each Other?

            0 shares
            Share 0 Tweet 0
          • How to Prorate Propane at Closing

            0 shares
            Share 0 Tweet 0
          • How to Terminate a Real Estate Contract

            0 shares
            Share 0 Tweet 0
          • The Sequim Blue Hole – A Map of Rainfall

            0 shares
            Share 0 Tweet 0
          • Dangers of Buying a Fannie Mae Foreclosure Through Homepath

            0 shares
            Share 0 Tweet 0

          Leaving Comments   I hope you’ll join our community and leave comments from time to time. Please realize that comments, if approved, will be public, so do not use any personal information you don’t want broadcast to the world, and definitely don’t leave a phone number. Comments are not the place to ask Chuck Marunde for help in finding a home. To do that, call or text Chuck.

          Neither Chuck Marunde nor iRealty Virtual Brokers offers legal advice on this site. Please Read Our Legal Disclaimer

          If you’d like to view how we protect your privacy, see our Privacy Policy.

          iRealty Virtual Brokers

          iRealty Virtual Brokers reaches out to buyers around the United States with thousands of online articles, MLS sites, apps, real estate books, videos, and much more specifically to help buyers find all the answers to their questions. We also now offer a flat fee commission listing service that saves sellers tens of thousands of dollars.

          iRealty Virtual Brokers
          125 Olympic Ranch Ln
          Sequim, Washington 98382
          360-775-5424

          Search the entire NWMLS in Washington State:

          Sequim-Homes.com

          The largest independent real estate blog in the State of Washington with over 2,200 articles totally focused on our client’s best interest, their needs and their curiosity. All free and 100% reliable. I’m here if you need me, 

          © 2006-2022 iRealty Virtual Brokers and Chuck Marunde

          No Result
          View All Result
          • Home
          • Search MLS
            • Sequim MLS
            • Sequim MLS Map Search
            • Port Angeles MLS
            • Port Townsend MLS
            • San Juan Islands MLS
            • All Islands MLS
            • How to Search the Sequim MLS
          • Videos
            • Sequim Videos Q&A
            • Buyer Videos Part 1
            • Buyer Videos Part 2
            • Buyer Videos Part 3
            • Buyer Videos Part 4
            • Living in Sequim Video Channel
          • Books
            • Sequim Real Estate for Buyers (Free eBook Updates Forever)
            • Sequim Real Estate: A Buyer’s Guide (Paperback)
            • Escaping California to The San Juan Islands
            • Buying & Selling Real Estate in The Rain Shadow
            • Real Estate From Bricks & Mortar to High Tech Virtuality
            • The Seven Myths of Selling Your Home
            • Buying Your Retirement Home
            • The New World of Marketing for Real Estate Agents
          • Agents
            • Buyers Agent Chuck Marunde
            • Flat Fee Listing Broker
            • Google Profile & Leave Reviews
          • Login
          • Sign Up

          © 2006-2022 iRealty Virtual Brokers and Chuck Marunde

          Welcome Back!

          Login to your account below

          Forgotten Password? Sign Up

          Create New Account!

          Fill the forms bellow to register

          *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
          All fields are required. Log In

          Retrieve your password

          Please enter your username or email address to reset your password.

          Log In
          This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.