The founder of a popular for-sale by owner Web site used a real estate broker to help sell his 2,000-square-foot, two-bedroom New York apartment after it lingered on the market for six months. Colby Sambrotto, the founder and former chief operating officer of ForSalebyOwner.com, tried to sell the property himself by listing it online and through classified ads, but after six months of it sitting on the market, he sought the help of a real estate broker.Broker Jesse Buckler told Sambrotto the condo was priced too low and wasn’t attracting the right buyer for the condo. "At first he wouldn't let me increase the price," Buckler said. "I told him I know what I am doing—the market is picking up."The condo soon attracted multiple offers and ended up closing recently for $150,000 more than the original asking price. Source: “DIY Guru Gets Broker Help,” The Wall Street Journal (Aug. 3, 2011)
Author:Jim Cavoto Managing Broker Phone: 720-309-3014 Dated: May 12th 2014 Views: 1,922 About Jim: Jim Cavoto has been serving Colorado Real Estate market since 2000. Jim carries both Real Estate Em...
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