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Snapshot: For Sale By Owner sites traffic down...Realtor listing sites up

By
Services for Real Estate Pros with VIO Media Group/ HItxt.com

realestatesitesmetrics

According to Compete analytics year over year growth at prominent For Sale By Owner sites is down when compared to growth at sites geared towards Realtor listings. Of course this does NOT include Craig's List and other typical melting pot sites where the Realtors and owners mix of listings tend to be more equal.

Although month over month growth is down across the sample, the year over year growth is up notably on the Realtor focused sites. Is this another indicator that more consumers turn towards professionals in difficult market conditions? I think this is a good discussion point to support that notion.

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Bill Gillhespy
16 Sunview Blvd - Fort Myers Beach, FL
Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos
Good morning Michael.  Excellent overview of the statistical trends of buyers habits !  Thanks.
Apr 03, 2008 02:05 AM
Cathy Glass
Realty Executives Associates - Knoxville, TN
Realtor - Knoxville, Tennessee
That is such an effective chart. Thanks for sharing it with us.
Apr 03, 2008 02:07 AM
Sharon Paxson
Sharon Paxson, RealtorĀ® EQTY Forbes Global Properties - Newport Beach, CA
Newport Beach Real Estate
Is this a national snapshot or for your area? This is a great graph - as I do market fsbo's as part of my marketing plan. Excellent post!
Apr 03, 2008 02:12 AM
Michael Ouellette
VIO Media Group/ HItxt.com - North Attleboro, MA
hitxt.com
Hi Sharon - This is a national snapshot.  Thanks!
Apr 03, 2008 02:14 AM
Eric Kodner
Wayzata Lakes Realty: Eric Kodner Sells Twin Cities Homes - Minnetonka, MN
Wayzata Lakes Realty: Twin Cities, Madeline Island
The results you've shown aren't all that surprising.  FSBOs aren't doing well in this market.  Sellers are figuring it out.  They need more marketing, not less.  And most homeowners simply don't have the resources or the time to do it properly themselves.
Apr 03, 2008 02:14 AM
Kevin Robinson
Twin Falls, ID
Fractional Developer
It is coming we all just have to keep working at it. It does take loads of marketing to sell in this market.
Apr 03, 2008 02:37 AM
Terry & Bonnie Westbrook
Westbrook Realty Broker-Owner - Grand Rapids, MI
Westbrook Realty - Grand Rapids Forest Hills MI Re
Great graphics thanks for the info we need to keep the good new coming.
Apr 03, 2008 02:42 AM