FOR SALE BY OWNER STATISTICS…
Did you know…According to the National Association of Realtors the typical For Sale By Owner
home sold for $145,000 compared to $175,000 for agent assisted home sales.
The Math…
Average National home seller
For Sale By Owner sale price* = $145,000
Home Seller with Realtor sale price = $175,000
Commission = $10,500
Amount to seller* = $164,500
Amount gained by listing through agent = $19,500
Would you prefer to save 6% or earn 17% more?
In Southern California...
Average Sales Price in Southern California = $473,000
Average For Sale By Owner Price = $392,590
Difference = $80,500
You get more money, and have less hassle…
Most difficult tasks for FSBO sellers:
Getting the right price: 19%
Understanding the paperwork: 30%
Preparing/Fixing up home for sale: 26%
Attracting potential buyers: 7%
Having enough time to devote to all aspects of the sale: 14%
Source: 2003 National Association of Realtors Profile of Homebuyers and Sellers
*Not including escrow fees, monies owed, and miscellaneous other costs to sellers or buyers