This is one of the reasons that the percentage of people FSBOing has dropped from 19% to 8% over the last 20+ years. The 8% share represents the lowest recorded figure since NAR began collecting data in 1981. 5. You Net More Money When Using an Agent. Many homeowners believe that they will save the real estate commission by selling on their own.
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The economic axis (left-right on the chart) is obviously incorrect. Most of the data points-74 percent of them!-are left of center. This means that the center isn’t actually, well, the center. When.
Mortgage brokers tap FSBO real estate market.. fsbos may be taboo for real estate agents, but not for mortgage brokers who want nothing more than to make loans to anyone who qualifies.
View Edgar Galindo’s profile on LinkedIn, the world’s largest professional community.. 8 Reasons Most FSBOs End Up Hiring An Agent.. Independent Business Advisors Group.
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The differential in selling prices for FSBOs when compared to MLS sales of similar properties is about 5.5%. The sales in 2017 suggest the average price was near 6% lower for FSBO sales of similar properties. Bottom Line. If you are thinking of selling, For Sale By Owner may end up costing you money instead of saving you money.
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