Sellers Fare Better Using a Realtor

Real Estate Agent with Coldwell Banker Residential Brokerage SA552583000

Using a Realtor to sell faster for more moneyStudies show that sellers fare better when using a Realtor®.   A leading online real estate resource, HomeGain, has announced the results of its “For Sale By Owner” vs Realtor®.  HomeGain connects home buyers and sellers with real estate professionals around the nation.  Their results from 1,000 home owners show 17% say they tried to sell their home on their own with little success or a very slow sale.  Approximately 83% used a Realtor® to sell their homes.

The homeowners that used a Realtor® were successful, reflecting a higher and faster closing rate.  When asked, they also said they would use a Realtor® again to buy or sell their home.

Of the "For Sale by Owners" who managed to sell their homes on their own, only 71% said they would try and sell their homes on their own again.  Therefore, the study clearly shows that it is significantly better for home owners to use a Realtor® due to the success of using their services.  Also pointed out in the survey is that 24% of the FSBOs ended up enlisting the aid of a Realtor® to help sell their homes.

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Lisa Treu
Treu Group Real Estate - Delray Beach, FL

It was interesting that only 5% of buyers are buying thru a fsbo.  Sellers really need great agents right now.

Mar 24, 2011 02:18 PM #1
Brenda Whitman, Live in Laramie Real Estate
Live in Laramie Real Estate, Laramie, Wyoming - Laramie, WY
Broker/Co-Owner, Laramie, Wyoming

Great data!  Before we became Realtors, we sold two properties and bought two properties as FSBO's.  We were lucky that time and circumstances were favorable and that we encountered honest people.  In retrospect, I marvel at just how fortunate we were!

Mar 24, 2011 03:33 PM #2
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