I dont know whether I would say its painful for the owner of Dora. They tried to beat the system by going FSBO and failed. Their expectations were unrealistic and they have realized they are not going to be successful going it alone. Comps for this 1200 sq ft home are around 750K, if they get anything near that they will have done fine.
The other FSBO you mentioned looks to be a nicely remodelled home the owners have been in for about 5 years. It’s only 1000 sq ft and is on a very noisy street. The highest comps are about 680K. If they were truly anxious to sell they would be priced $50 to 100K lower.
As a buyer the lesson here is that FSBO’s are generally the worst deals on the market. Typically unrealistic sellers with mispriced properties and no experienced licensee to protect both buyer and seller from themselves. The sale in Escondido for Hidden Meadows model home was a perfect example of this. Get good professional help.
