Tuesday, August 22, 2017

For Sale By Owner | New Real Estate Statistics | Sarasota FL

A new study shows that for sale by owner properties (FSBO's) tend to sell for lower prices than properties sold through Realtors through the MLS, and in many cases below the differential of what it would cost in Realtor compensation.  The study was conducted on data  from home sold from 2016 through the first half of 2017.

FSBO's sell for less than those sold by a Realtor, study finds


FSBO's attempt to avoid paying a Realtor fee by selling their home on their own, but it can backfire with a much lower than market sales price and the time the seller has to invest in the sale.  The study found that FSBO sales averaged 6 percent lower than those involving a Realtor.

Click here for the detailed results of the study from Collateral Analytics Research.


SOURCE:  "Saving Real Estate Commissions at Any Price", Collateral Analytics Rearch


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