For Sale By Owner Horror Stories

[rmattman]

My wife and I are considering trying to sell our house by owner. We have read The For Sale By Owner Kit by Robert Irwin and have done some on-line research on the subject as well. We've gotten three realtor's opinions as to the potential asking price also. There are relatively few houses (<10) in our price range in our community so there is not that much competition for buyers. The community was recently listed by Money as one of the top ten places to live in the U.S. as well so visibility of the community is currently at a high level.

I would like to hear any particularly bad experiences you've had with FSBO to help us decide if it's worth the hassle just to avoid paying someone > $40,000 in commission. Any stories, comments, advice are appreciated.

Thanks