As some who closely follow the real estate industry might know, each year the National Association of Realtors issues a 100+ page research report entitled, “Profile of Home Buyers & Sellers.”
The report is based off a survey sent to some 133,000 consumers who purchased a home in the prior 12 month period. As the name suggests, it includes data on the habits and experiences of those who sell and buy a home.
Tucked into this 100+ page report was research that found that people who sell their homes "for sale by owner" actually sell them quicker and for closer to asking price than agent-assisted sellers! Again, this data comes from National Association of Realtors... the same organization whose marketing materials scream that people need a real estate agent to sell their home. Look at pages 100-101 if you don't believe me.
They didn't publicize this part of their research, so ForSaleByOwner.com is doing it for them. We issued this press release this morning on the subject, in hopes that the media will report these interesting research findings.
In today’s troubled housing market, people need to be armed with all relevant housing data so they can make an informed decision of how to effectively sell their home. So, if you want to sell your house quickly and for close to asking price, you might want to listen to Realtors and choose to list your home with a FSBO company like ForSaleByOwner.com.
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