Top 3 FSBO Pitfalls Louisiana Home Sellers Should Know

By John Wesley Walker II

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Selling your home on your own might seem like a great way to save money. When you take the For Sale by Owner (FSBO) route, you get to avoid paying agent commissions and take full control of the process. But many homeowners make mistakes that can delay the sale, turn away buyers, or cost them thousands. If you’re thinking about selling on your own, here are three common mistakes you need to avoid:

1. Not filling out property disclosures. Some believe these forms are only necessary when working with a real estate agent, but that’s not true. In Louisiana, property disclosures are required by law. These forms ask key questions about your home’s condition, including past or present issues like a leaky roof, plumbing problems, or foundation cracks. Failing to provide this information could lead to legal trouble down the road.

2. Not knowing what repairs are needed for financing. If a buyer is using a mortgage, certain repairs may be required before the lender approves the purchase. Many sellers don’t realize this until they’re deep in negotiations, which can cause major delays or even kill the deal. Some of the most common required repairs include roof damage, electrical or plumbing issues, foundation cracks, and peeling paint (especially for FHA or VA loans). If your home doesn’t meet financing standards, you could lose serious buyers. That’s why it’s smart to identify potential repair issues ahead of time rather than getting surprised later.

3. Overpricing your home. Pricing a home too high is another mistake FSBO sellers often make. Many assume the market is still as hot as it was during COVID and set their price too high. But the market has changed, and overpricing can hurt your chances of selling. If your price is too high, buyers may overlook your listing, your home may sit on the market too long, and you could end up lowering the price later, losing momentum. The right price depends on market trends, location, and your home’s condition. A professional Comparative Market Analysis (CMA) can help determine the best price so your home sells quickly and for top dollar.

Selling your home FSBO can be challenging, but the right knowledge makes all the difference. If you have questions about pricing, repairs, or disclosures, we’re here to help. Call or text (318) 794-6769 for expert guidance—no obligation, no pressure. Don’t let these mistakes cost you time and money. Get the right information before listing your home.