“Welcome Aboard. I’m Captain Mike. Both myself, and my co-pilot, Captain Hook, are first-time pilots. BUT, not to worry, we’ve read the books and passed our tests.”

Now that’s a flight I want to be on!

Would you trust your life to inexperienced pilots? Why would you entrust the sale of your most significant financial asset to someone who just read a book and passed a test?

I’ve noticed a scarcity of homes for sale by owners these days. In fact, I haven’t seen a FSBO sign in a yard for several months. I’m sure there are some out there.

At today’s local Realtors Marketing Association meeting in San Ramon, our usual market-in-a-minute update turned into market in 15 minutes or Market Update of 1000 Questions.

If you’re just arriving back on planet earth from the Mars expedition – the housing industry and the mortgage/lending industry are in total upheaval. Veteran Realtors and rookie real estate agents are all being challenged by the daily chaos to get deals closed.

I can’t imagine a home seller trying to go it alone in this market, unless they have a relative with cash that wants to buy.

If you’re thinking of going the “For Sale by Owner” route, you may want to pick up a copy of this book.

It covers the basics of what you need to do to sell your home with out an agent. Of course, the advice given is for a normal market and today’s market is anything but normal.

In fact, there has never been a real estate market like the current one.

This isn’t just a down market or an adjusting market. This is a never-been-seen before market that is being impacted by the consequences of banks and brokerage houses treating their customers like prey.

As the subprime meltdown has evolved into a total financial sector meltdown, home owners who need to sell are getting squeezed into financial jeopardy.

In this real estate market, the logical choice is to work with an experienced Realtor (or team of experienced agents).

For those wanting to go it alone, the book above is on the shelf right next to this one!