"For Sale By Owner....But Not By This Owner!"

- Inexperience

-Emotional Roller Coaster

-Time Commitment

-Expense, Nature, and Content of Advertising

-Limited Market Exposure

-Potential for Legal Problems

-Lack of familiarity with the Market

-No Pre-screening of Prospective purchasers

-Offer price Not Necessarily the Best

-Lack of Negotiation Skills

-Purchaser wants Discount in Price equal to commission saved

-Tough to Sell in a Buyer's Market

-Security Issues

-Mortgage Fraud Risk

-Under selling the value of homes worth

-Banks don't favor private sales.  Tougher to evaluate etc.