Does ‘For Sale by Owner’ Work?

Maybe. But in this economy, it’s tough. Just ask the owner of a ‘For Sale by Owner’ company that hired a Realtor to sell his poperty.

Founder of “for sale by owner” site calls in broker to get the job done

Mr. Sambrotto apparently spent six months trying to sell his fancy digs himself before turning to a broker. Jesse Buckler, the broker that Sambrotto hired, increased the price and managed to attract multiple offers before selling the apartment for $2.15 million, $150,000 more than the asking price.

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“$150,000 more than the asking price.” I think that answers that question.