For Sale By Owner is Costing You MORE Than Working With an Agent!
March 31st, 2008 Categories: Keller Williams, Selling
The Northern Virginia Association of Realtors recently published the following facts:
87% of buyers used a real estate professional to make a real estate purchase
4% of homes sold were For Sale By Owner (FSBO) - the National average for FSBOs is 12%
More importantly, FSBOs sold for about 20% LESS than similar homes sold using an agent
So let’s sort through these facts: FSBOs if they put a “no agents please” contingency, are missing 87% of home buyers, they’re losing a potential 20% increase in sales price, and tons of marketing advantages. But think about it, at the max 20%, if your agent required a 15% commission, you’d still be gaining an additional 5%!!
Call us today to find out how we can help sell your home for you!
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