Leslie Wilson – Realtor

Diamond Bar, California is located in Los Angeles County with (as of 2009) a population of 57,105. The mean price for all housing units in Diamond Bar in 2008 was $596,926.  In today’s real estate market, many homeowners are deciding to sell their own homes instead of hiring a real estate agent.

Homebuyers who engage in “For Sale by Owner” (FSBO) transactions save money.  Purchasing a new house directly from its owner eliminates real estate agent commission fees. In addition, as a buyer you can negotiate directly with the homeowner to strike a deal that is mutually beneficial   for both parties.

How to Find a House that is ” For Sale By Owner”

There are a number of ways for a homebuyer to find an FSBO property.

“For Sale By Owner” Signs

In order to find an FSBO home in Diamond Bar, a home buyer can drive around looking for “For Sale By Owner” signs displayed on front lawns or in the windows of a condo. Over 64% of homes have been sold because yard signs were displayed prominently on the property.

Search the Internet

If the idea of driving around Diamond Bar with pen or pencil in hand does not appeal to you, search for a FSBO house on the Internet. Today more than 84% of home buyers use the Internet, making it an easy and effective way to search for a house to buy.   The following is a partial list of some websites that specialize in listing houses that are “For Sale by Owner”:

• http://www.homesbyowner.com/california
• http://www.homes-for-sale-by-owner.info/California/index.html
• http://www.forsalebyowner.com
• http://www.losangelesfsbo.com
• http://www.owners.com/CA/Diamond-Bar
• www.californiarealestatecenter.com/…/diamond_bar_real_estate.htm -

Check Classified Ads

Online and newspaper classified ads are perfect places for homebuyers searching for FSBO properties to purchase.  In the print media, real estate newspaper ads are normally run (sometimes with pictures) in the weekend edition of major newspapers. Online classified ad sites like Craigslist and classifiedads.com are  perfect places to find FSBO properties.

Real Estate Multiple Listing Service(MLS)

Many real estate offices offer FSBO sellers Multiple Listing Services(MLS), with no commission involved,  for a flat fee.  These services generally allow you – the buyer – to view these listing using selected  search criteria based on your housing needs.  Examples of these listing sites include:

• http://www.flatfeelisting.com/
• http://www/forSalebyowner.com
• http://www.flatfeemlslisting.com/
• http://www.byownermls.com/
• http://www.flatfeemlslisting.com/

The decision to buy a FSBO house is a smart one.  As a buyer, you are in the position to negotiate with the seller, face to face, saving time. Also as a buyer the price of your new home will be cheaper than if you had purchased it using a real estate agent.

Posted In Blog

This entry was posted on Monday, August 9th, 2010 at 7:35 pm and is filed under Blog. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.