Hey fellow Realtors! I was browsing google when I came across this site about how to approach FSBOs!
http://www.ncrealtors.org/searchpubs/THR/2002/thr-0302/fsbo.htm
Check that out! I have yet to try what it says to do, but soon enough I will!

Something I'm doing now, is emailing FSBOs. You can find them at www.owners.com Thats the site I'm using now. It gives you the owners name, well most of them, addresses, and phone numbers! The address is a big one! You can't find out there email address, but you email them through the site. So far I've emailed 35 since monday, and tomorrow I'll be sending out much much more! No one has yet to reply to me, and if they don't reply, I'm still going to email them everyweek with information to help them sell there house. I'm hoping that I'll get a listing or two this month from this site! Wish me luck and good luck to everyone else!!

If anyone else has any other tips with FSBOs or other good FSBO sites let us know thanks!

Thats a great article, thanks for posting that.

Funny that, but i just started using owners.com to find FSBO's and mailed them all a pack. I now plan to mail out a postcard each week until they give in :p

BTW guys, 87% of FSBO's end up using a Realtor.

Any of you have links for the good newspaper articles to give to FSBO's or foreclosures?

How about knocking expireds?

I don't know about newspaper articles but I found: http://www.fsboamerica.org/FSBO-Articles.cfm
Also, if you go to www.owners.com and go to resources, there are a bunch of articles there. If anyone finds real newspaper articles please post. Thanks!

I've never tried expireds, but I personally think FSBOs would be easier because expireds already used real estate agents and they may not have as much confidence in us, but from what I hear they usually relist with another agent. Only one way to find out if they work for you....and thats: Just Do It!

Thanks great articles!

Some of these properties are already listed with other brokers, so you need to be really careful and do your research before sending them anything.

A quick search through my area, looking at the ones listed as owner.com, brought up three with MLS numbers. Entering those numbers into my MLS shows that they have exclusive right to sell contracts with other brokers. One was already pending.

It's highly possibly that some of these people may not have put their MLS numbers in their owner.com listing. To be careful you'd have to enter every address to make sure that they aren't listed with a broker.

One step quicker than looking at the newspaper, but still some necessary steps need to be taken before you just start firing off packets to these people.

UH Oh, I did see one with a MLS number, so I didn't email them, but all the others I just emailed away hahaha. I guess I have to start looking in the MLS to make sure :-( The properties with no info at all, but still has price and address, I just leave alone for now, will go back and maybe stop by and see if its still FSBO. Thanks Houston Agent!!

Not to be a downer, but you also need to make sure you're placing an "opt out" clause at the bottom of your emails.

Also, a nice little clause at the bottom saying something along the lines of: "This email is not intended to solicit the business of other brokers. If your home is currently listed for sale with another agent, please disregard this ad and its offers" won't make you bulletproof, but it wouldn't hurt, either.

I'll add that to my emails thanks!!

In my area, MOST of the listings on owners.com are already on MLS. It's frustrating!

You might try making personal contact early on to add effectiveness to your e mail avalanche.

Either a phone call, if they're not on the "do not call" list or a visit will go a long way toward getting you that listing.

Most Realtors don't have the courage or make the time to make that initial personal contact; if you do that will put you way ahead of the pack of other Realtors doing the same thing you are.

Also offer them some help to set yourself apart as a 'nice guy' and that will set you further apart.

Or maybe just include a disclaimer saying if you are already under contract with another agent then please disregard this mailing.

I know this may sound dumb but what does it mean when it says on the bottom. Please note the following: The owner is willing to work with a real-estate agent. Does that mean they are willing to work with a buyer who has an agent or does that mean they need an agent?? Sorry again for the dumb question.

I believe it's that they're willing to pay a buyer's agent to bring in the buyer.