Facts on FSBO.com
Welcome To FactsonFSBO. Facts & Tips on Selling your Property .
A close look at "For Sale By Owner" (FSBO) data from NAR's 2006 Profile of Home Buyers and Sellers
Every year a small amount of home sellers throw caution to the wind and “go it alone” — without the assistance of a licensed real estate professional.
This ever-decreasing band of risk-takers, ventures into the land of pricing, marketing, screening, scheduling, showing and paperwork, with the goal of saving some money. It's often an experience they find less than rewarding.
The numbers (if not the sellers) tell the story.
In 2006, just 12 percent of sellers chose the FSBO (“For Sale By Owner”) route, down from 13 percent the previous year, according to NAR’s 2006 Profile of Home Buyers and Sellers. This is down from about 20 percent in 1987.
But more telling than the decline in FSBOs is the fact that 40 percent of all FSBOs sold their homes to someone they knew prior to the transaction. This means that only 7 percent of all home sales are open market FSBO transactions. The rest are simply unrepresented sellers in private transactions.
From NAR's 2006 Profile of Home Buyers and Sellers
Every year a small amount of home sellers throw caution to the wind and “go it alone” — without the assistance of a licensed real estate professional.
This ever-decreasing band of risk-takers, ventures into the land of pricing, marketing, screening, scheduling, showing and paperwork, with the goal of saving some money. It's often an experience they find less than rewarding.
The numbers (if not the sellers) tell the story.
In 2006, just 12 percent of sellers chose the FSBO (“For Sale By Owner”) route, down from 13 percent the previous year, according to NAR’s 2006 Profile of Home Buyers and Sellers. This is down from about 20 percent in 1987.
But more telling than the decline in FSBOs is the fact that 40 percent of all FSBOs sold their homes to someone they knew prior to the transaction. This means that only 7 percent of all home sales are open market FSBO transactions. The rest are simply unrepresented sellers in private transactions.
From NAR's 2006 Profile of Home Buyers and Sellers
Eighteen percent of FSBO sellers indicated that preparing the home for sale was the most difficult task when selling without the assistance of an agent, followed closely by understanding and performing paperwork (16 percent) and selling within their desired time frame (15 percent).
As for profit — after all is said and
done, FSBOs don’t always come out with fatter wallets. Again, the numbers tell the truth.
Homes sold with the help of a real estate professional in 2006 sold on average for 32 percent more than FSBO sales. The median FSBO selling price in 2006 was $187,200, compared with $247,000 for agent-assisted transactions.
This site give facts about owner selling their property.It will explain how much owner are missing out when refusing to use a realtor. In addition this site gives property owners guidelines to sell on their own.
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is an innovative real estate firm with a methodological approach to real estate. We, at Liberty Homes & Estates pride ourselves of being able to help our clients transition through the cumbersome steps of buying and selling. Each client is unique in nature and in their needs. And that is why we believe that success can only be achieved by listening to our clients and providing solutions to their needs.
Our staff consists of Realtors with a combined experience of over a decade of full time real estate and management. When we love what we do for living, it shows in our work. May be that’s why our past clients, both sellers and buyers are raving about us to all their friends and family where more than 80% of our business since our inception is by the word of mouth and referrals. When you decide to make that transition...do consider us. You will not be disappointed. Our service is second to none and we will match and beat any full service firm’s fees without sacrificing the quality of individual service we provide. Ask us how we can help! We guarantee our service or we will release you from any obligation within 24 hours. No fine lines...Just Results...
Contact:
Rummy Dhanoa & Jorge Caraballo
698 Central Park ave
Scarsdale, NY 10583
Phone: 914.723.2600 x 312
Westchester Properties
Liberty Homes & Estates, Inc.
is an innovative real estate firm with a methodological approach to real estate. We, at Liberty Homes & Estates pride ourselves of being able to help our clients transition through the cumbersome steps of buying and selling. Each client is unique in nature and in their needs. And that is why we believe that success can only be achieved by listening to our clients and providing solutions to their needs.
Our staff consists of Realtors with a combined experience of over a decade of full time real estate and management. When we love what we do for living, it shows in our work. May be that’s why our past clients, both sellers and buyers are raving about us to all their friends and family where more than 80% of our business since our inception is by the word of mouth and referrals. When you decide to make that transition...do consider us. You will not be disappointed. Our service is second to none and we will match and beat any full service firm’s fees without sacrificing the quality of individual service we provide. Ask us how we can help! We guarantee our service or we will release you from any obligation within 24 hours. No fine lines...Just Results...
Contact:
Rummy Dhanoa & Jorge Caraballo
698 Central Park ave
Scarsdale, NY 10583
Phone: 914.723.2600 x 312
Westchester Properties