Studies show that 88% or more buyers of real estate use a licensed real estate agent.
If a FSBO seller receives a call from a real estate agent, it makes sense that the seller would take the call, since most buyers come with a real estate agent.
Of the 12% of buyers who do not use a real estate agent, many of them are purchasing new homes.
This leaves less than 12% of buyers who are looking to purchase in the resale real estate market without a real estate agent.
Since the marketing plan of a FSBO seller (2 comments)
I was talking with the seller of a For Sale By Owner.
One of the questions that I asked is if they had someone who would prepare a contract when they found a buyer.
She replied: My husband's an attorney.
In a non-confrontational way and almost as if I expected her to say yes, I said: Oh okay; is he a real estate attorney?
This stopped her for a few moments. Perhaps no one had ever asked the question. Wasn't it enough just to say that he was an attorney? She did not respond affirmatively, but stated that (3 comments)
I had to get out of my car and walk up to the sign to read the number because it was printed so small.
I called the number but nobody answered.
THE NUMBER YOU HAVE CALLED IS NOT AVAILABLE NOW.
An opportunity to leave a message was not given.
FSBO? Don't kid yourself; call a professional. (2 comments)
fsbo: FSBO Seller Did Not Want to Use a Middleman, The Real Estate Agent
- 09/06/13 08:12 AM
FSBO Seller Did Not Want to Use a Middleman, The Real Estate Agent I came upon a FSBO in my travels and the owner happened to be arriving home at the same time that I stopped to take a quick look. The owner asked if she could answer any questions, so rather than beat around the bush, I directly asked her "Why aren't you using a real estate agent?". She told me that she considered a real estate agent to be like a middleman and that she saw no reason to pay a middleman. The implication in her answer was that (2 comments)