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Did you know...
FSBO facts (statistics
from the National Association of Realtors)
The median home price for sellers who use an agent is 16.0 percent
higher than a home sold directly by an owner; $230,000 vs. $198,200;
there were no significant differences between the types of homes
sold. “While many unrepresented sellers are motivated to save on
paying a commission, we think the price difference speaks for
itself,” Stevens said. “Owners without professional assistance also
have problems in understanding and completing paperwork, prepping
the home for sale, getting the right price and selling within the
time planned.”
Survey data don’t explain the price difference, but Stevens offered
some context. “Agents know best how to prepare a home and maximize
value, agents provide broader exposure to the market and are more
likely to generate multiple bids, and the portion of sales that are
between private parties are likely to be at a lower price than those
on the open market.” (read
full story) |
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