Thursday, March 09, 2006

FSBO Saving or Losing?

Some recent data released by the National Association of Realtors show that people who attempt to sell their homes by themselves are getting a median sale price of $198,200 as compared with those who used a broker, whose median sale price was $230,000. That's over 16% difference!!! The report also showed discount brokers with limited services averaged slightly lower sale prices than brokers, however, their market time was over 17% longer.

I understand the logic of the FSBO, especially in the hot market we are coming out of when average and even below average agents were selling homes due to the tilted demand for housing. Now, however,the market is shifting, and their is no doubt in my mind that if you use a professional realtor whose marketing skills are truly professional and don't only comprise of putting the for sale sign out front, you will actually reap more profits in the long run with faster sales (on average).

Your Agent Matters

1 comment: said... integrates how much homes SOLD for nationwide using the google mapping technology. Simply select city and state from the city menu and click search. If you don't see data for your area simply email with your zipcode and or address and they'll update the site with your info and email you within a few days.