Selling By Owner?

If your considering selling by owner vs. using a Realtor then please see the helpful statistics from realtor.org as you may change your mind!

For Sale By Owner (FSBO) Statistics

FSBOs accounted for 9% of home sales in 2012. The typical FSBO home sold for $174,900 compared to $215,000 for agent-assisted home sales.

FSBO methods used to market home:

Yard sign: 48%
Listing on Internet: 32%
- For-sale-by-owner websites: 20%
- Sites with real estate listings (e.g. Yahoo!, Google, etc.): 11%
- Social networking websites (e.g. Facebook, Twitter, etc.): 10%
- Video hosting websites (e.g. YouTube, etc.): 2%
Friends, relatives, or neighbors: 30%
Print newspaper advertisement: 14%
Open house: 12%
Direct mail (flyers, postcards, etc.): 2%
Video: 1%
For-sale-by-owner magazine: 1%
Television: <1%
None: Did not actively market home: 31%
Other: 2%

Most difficult tasks for FSBO sellers:

Understanding and performing paperwork: 18%
Getting the right price: 14%
Preparing/fixing up home for sale: 11%
Helping buyer obtain financing: 6%
Attracting potential buyers: 6%
Selling within the planned length of time: 6%
Having enough time to devote to all aspects of the sale: 1%

Why Its Hard To Sell Your Own Home:

Unable to put onto the MLS system.
Agents will not show FSBO homes.
Buyers will feel intimidated dealing with the seller directly.
FSBO's usually overprice their house.
Sellers are likely to stumble into legal trouble.
Complicated forms to use.

Source: 2012 National Association of REALTORS® Profile of Home Buyers

Change Your Mind? Contact Me!

I don't charge unless your house sells and the fee is normally a lot lower than
the extra $$$ I get you for your house than you would if you sold by owner!