FSBO in New Orleans
New Orleans has a median home price of $280,000–$380,000 and a distinctive real estate culture. Louisiana uses civil (not common) law, which means closings require a notarial act — you must use an attorney or notary for the act of sale. However, everything leading up to closing can be handled without an agent.
Step 1: Price for NOLA's Neighborhood-Driven Market
New Orleans pricing is hyper-local. Uptown, Garden District, Mid-City, and Lakeview each price differently and often sell to different buyer profiles. Use the Orleans Parish Assessor (nolaassessor.org) for recent sale prices, plus Redfin and Zillow.
Flooding history is a critical factor — homes with known flood damage history may carry a stigma and require disclosure.
Step 2: Louisiana Disclosure Requirements
Louisiana Property Disclosure Act (RS 9:3196–3200) requires sellers to complete a Property Disclosure Document covering condition, systems, and flood history. Complete this form fully and accurately.
Also required: lead paint disclosure for pre-1978 homes (much of NOLA's housing stock).
Step 3: Flat Fee MLS on GSREIN
New Orleans listings go through GSREIN (Greater Southern or local board MLS). Use a flat fee service ($300–$450). Your listing will appear on Zillow and Redfin.
Step 4: Notarial Act Required
Louisiana law requires an act of sale executed before a notary public. Use a real estate attorney/notary for closing ($600–$1,200 typical). This is not negotiable — it's a state law requirement.
What FSBO Saves You in New Orleans
On a $330,000 home at 5%: