I found the opposite. My agent encouraged me to wait for all offers before making a decision. In the end, the house sold for 50k over the asking price.

I would avoid the FSBO route. In San Diego, my neighbor's condo lingered on the market for two months until she switched to using an agent, after which it sold after two weeks. A friend of mine in Los Angeles had a similar experience when he sold his house. The FSBO "service" caused all sorts of headaches when he attempted to switch to a real estate agent but in the end it turned out ok.

I had just the opposite experience. I had a realtor who insisted that I needed to drop my price to make the sale even though the price I was asking would have only allowed me to "break even" on the condo. To compound the issue my condo association wouldn't allow signage in the windows including "For Sale" signs which really aggravated my realtor when someone complained to the condo association about the sign she insisted had to be displayed. This digressed until she had her husband handle most of the sale because I wasn't worth her time. Once my listing contract expired I was able to list the house FSBO and had okay results. Granted FSBO is not for the faint of heart. I learned a lot about seller closing and associated costs the hard way since this was my first property sale in addition to be a FSBO. I still wound up losing money but not nearly as much as I would have if I had listened to my realtor's advice.

Interesting. I guess we can't make generalizations either way...

On a similar note, my condo is on the market now (http://sdhomies.com/?p=303). And I do have a selling agent. I'll try to remember to come back and comment on my experience.

From the Thu May 12 Mortgage Matters, Holden Lewis has an interesting story on Realtors vs FSBO:
http://www.bankrate.com/brm/news/mortgages/mortgage_update.asp