Wednesday, September 07, 2011
ForSalebyOwner.com Founder Finally Hires Broker to Sell
Ahh, sweet irony! Founder and former CEO of ForSalebyOwner.com, Colby Sambrotto listed his 2,000 square foot New York condo, a two bedroom in Chelse, on his own through online classified ads and FSBO sites, but after six months, he opted to hire New York broker Jesse Buckler who immediately advised a price change as the listing was not attracting the right buyer.
Can you guess what happened next?
According to AgentGenius.com, the broker persuaded Sambrotto to RAISE the asking price. He woud up attracting multiple offers and closing for $150,000 over the original asking price -- $2.15 million--with the help of a real-estate broker and a standard 6% commission...