In today's real estate market, sellers are trying to find a way to get the most out of their investment in thier home. With declining home prices it is easy to understand why home owners would think that selling by owner will net them the most money. In reality homes that are sold by a realtor sell for more on average.
In 2007, the typical FSBO sold for $180,000,compared with $240,000 for an agent-assisted home sale.
• In 2006, FSBOs sold for $187,200 and agent assisted sellers sold for $247,000
• In 2007, 11% of FSBOs were contacted directly by the buyer. Down from 12% in 2006
• In 2007, 21% of FSBOs sold their house to a friend or relative. Down from 22% in 2006
Today's market is a difficult Market to sell in. Now is the time to use a professional to sell your home. Just like if you needed brain surgery you would want the best surgeon available to perform your surgery. Today's market needs the best real estate professional to sell homes!