Realtor Why it’s Not a Good Idea to Sell Your Home without a Real Estate Agent The share of FSBO sales has been decreasing according to NAR. In 2001 13% of sellers sold their own homes. In 2011 it fell to 10%. More home sellers are using real estate agents to sell their homes because they know the home will sell for more money, even with the commission. Because real estate agents have more experience and resources for selling homes, they can also sell your home faster than selling FSBO. According to data from the MLS Property Information Network for the past month, of homes sold priced between $300,000 and $500,000, 1,376 were traditional homes sales using an agent and 35 (just 2%) were FSBO. Of the traditional sales, homes spent an average of 110 days on the market before they were sold. FSBO sales, on the other hand, spent an average of 141 days on market—28% longer than traditional sales. One of the most common things home sellers forget to factor in is the time involved in selling a home. Not just the time needed preparing the home for sale by doing such things as clearing the clutter, making repairs and staging the home to make it more appealing to buyers. You also need to set aside enough time to devote to marketing and showing the home. Most home buyers look at homes on the weekends so you’ll need to be around to show the home. You’ll also need to be available on short notice in case a home buyer wants to see the home right away. 10 minutes ago · Like · 1
Posted on: Mon, 17 Jun 2013 17:06:52 +0000
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