Smart Fox Homes, a New Jersey based FSBO website was launched today. In the spirit of FSBO rhetorics it promises customers to save on real estate commissions by selling your home on your own. Currently it offers three types of listings with a prices that range from free (two months) to $59.95 (six months).
Timothy O’Connell, Director of Business System Development of Smart Fox Homes was quoted in a press release:
Due to the downturn in the real estate market, many people simply cannot afford to pay a real estate commission and break even, let alone make a profit
It is not that hard to predict that Smart Fox Homes are going to be faced with other well established FSBO websites. The website lacks any tools that may help sellers to determine the value of their homes.
Hopefully as with many other FSBO websites, Smart Fox Homes will also become a good source of future listings to the real estate professionals.