5 Things You Should Know About New Orleans FSBO Property Listings

Homeowners in New Orleans have the option of selling their property through FSBO (For Sale By Owner) listings. The idea of saving on real estate agent commission fees by selling it themselves can be appealing. However, selling a home through FSBO listings may not always be the best decision. It can be a complex process, and the success rate for FSBOs is low, with around 90 percent of them failing to sell their homes. Therefore, it’s important to carefully consider all the factors before deciding to sell a property without the help of a real estate agent.

“When it comes to selling your home, which is likely one of your most significant financial assets, it’s crucial to set realistic expectations and consider all available options. In this article, we will discuss five important things that homeowners in New Orleans should know about FSBO (For Sale By Owner) property listings.”

Time and Toil

One important factor to consider with New Orleans FSBO property listings is that they require a significant amount of time and effort. You’ll need to schedule appointments with professionals like inspectors and appraisers, and host open houses and multiple property showings. This can give you a greater appreciation for the high fees that real estate agents earn for their services.

Lower Offers

Another crucial aspect of New Orleans FSBO property listings is that they often sell for a lower price than homes listed with agents. Real estate agents are highly skilled at screening buyers and marketing homes effectively, which can result in higher sale prices. They also tend to have superior negotiation skills because they are not emotionally attached to the property. In addition to effective advertising efforts, the way the home presents during showings can also impact the final sale price.


In New Orleans, repairs are an unavoidable part of the process when dealing with FSBO property listings. It’s important to understand disclosure laws and ensure you are in compliance to avoid potential legal issues. Even if you choose not to make repairs, buyers may negotiate lower prices, reducing the value of your property. Working with a real estate agent can help you navigate these issues and make sure you are in compliance with the relevant regulations.

Legalities and Paperwork

Dealing with paperwork is a significant challenge when it comes to New Orleans FSBO property listings. Many homeowners choose to work with professionals as the task of handling all the paperwork can be overwhelming. With FSBO property listings, it’s the homeowner’s responsibility to ensure that all the contracts and forms are legitimate. Failure to do so could lead to a deal falling through and incurring additional costs.

Holding Costs

One crucial aspect to consider with New Orleans FSBO property listings is holding costs, which can significantly reduce profits. Failing to have realistic expectations about the time it takes to sell a home in the current market can lead to a prolonged listing, leaving you responsible for the mortgage payments and other expenses to maintain the property for sale. Even with an agent, there is no guaranteed closing date when listing a property in New Orleans.

The most important thing you should know about New Orleans FSBO property listings is that there is another option. Selling directly to Omni Home Buyers is 100 percent successful for sellers. When you work with Omni Home Buyers to sell your home, you still get to save the commissions for yourself! Omni Home Buyers pays cash so that the closing can be in a matter of days. 

We will go over all of the details of your property and any extenuating circumstances that may be pushing you to sell, helping you determine how much you would profit with a traditional home sale or a direct sale to Omni Home Buyers. At Omni Home Buyers, our goal is to help you make the most profit on your most important investment, your home. Feel free to ask Omni Home Buyers any questions you may have with no obligations. Send us a message or call Omni Home Buyers at (504) 399-3155.

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