This chart posted on Realtor.org’s blog – Economists Outlook, shows that agent assisted sales are up while FSBO sales are down. The percentage of FSBO sales dropped to 9% in 2010 with an average of 5% of those FSBOs having known the purchaser they sold to. This makes the odds of selling a home by owner and finding a new buyer a difficult task for today’s home sellers.
Here is the chart to share and a link to the original post.
The complexity of today’s sales which include short sales, mortgage restrictions, and foreclosures may be a contributing factor to less FSBO sales closing. Agent assisted sales are up to 88% and 3% of sales are in the “other” category.
Coaching Tip:
Be persistent when offering to help FSBOs sell their home. The longer a home is on the market the less the seller usually will net in his pocket. Help sellers make good decisions such as pricing right and listing with a Realtor.
Real Estate Coaching | Training | Realtors | Be a Top Pro
Real estate coaching to “be a top pro”; Affordable real estate agent coaching & training programs give EVERY agent an opportunity to reach the top. Our integrity rule ensures you everything we share has been proven to work by top producers. You know how to be a good Realtor, now it’s time to take it to the next level and be a top pro! For more details call(910) 681-1110.
