I call FSBO's all the time and have had great success with them in the past. Last night I received a return call.
This man has gone through a Divorce and can't pay 6% yada yada yada. He has the home rentend at $2600. per month and his mortgage is $2100. The renters treat this home like it is their own and keep it up. He has started a website with the house advertised. However, his renters know nothing of this. I asked him if he listed the home, wouldn't he stand a chance of losing the renters? Yes, he said.
The market is somewhat soft here in the area. I said why don't you wait for 6 months or 1 year and then try to list it? The market may come back strong and you could then explain to your renters you need to sell it. They may even surprise you and purchase the homes themselves.
Well he said I was the first agent that called him and didn't try to force him into signing the listing papers? He appreciated my honesty. I got his email address and sent him my website info and put him on the Drip email program. I told him to keep my info and pass it along so if he ran across anyone to let them know about me. I will check back with him every other month via phone. I also told him I must have 6% due to all of the advertising I implement in his behalf.
Did I do the right thing? This guy seemed so grateful, but I just talked myself out of a listing. Again, it feels right but it feels wrong.
How would you have handled that situation???? I depend upon all of you for wisdom. Start now with the wisdom please.