Can't help laughing at the irony of this...

For Sale By Owner Founder Contradicts Biz Model
Posted by: SarahBaker | August 9, 2011

Amid all of the recent gloom-and-doom headlines related to the debt crisis, here’s some entertaining real estate news for your Tuesday.

Colby Sambrotto, founder and former chief operating officer of ForSalebyOwner.com, tried to sell his 2,000-square-foot, two-bedroom New York apartment himself through online listings and classified ads, but after six months of sitting on the market, he sought the help of a real estate broker.
Jesse Buckler with Bond of New York said he told the seller the apartment in the Lion’s Head building was priced too low and wasn’t drawing the right buyers.
READ FULL STORY HERE: http://blog.memphisdailynews.com/?p=2759