In researching For Sale By Owners, I found on the National Association of Realtors site some interesting statistics that I'd like to share.
Did you know?. . . the typical FSBO home sold for $187,200 compared to $247,000 for agent-assisted home sales.
FSBO Methods Used to Market Home:
Yard Sign . . . 50%
Friends/neighbors . . . 29%
Newspaper ad . . . 31%
Open House . . . 25%
Listing on the Internet . . . 21%
Most Difficult Tasks for FSBO Sellers:
Getting the right price . . . 15%
Understanding paperwork . . . 18%
Preparing/fixing up home for sale . . . 15%
Attracting potential buyers . . . 9%
Having enough time to devote to all aspects of the sale . . . 7%
Source: 2007 National Association of REALTORS® Profile of Home Buyers and Sellers
After 17 years, this is my last podcast
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Episode #958 December 29, 2023 I want you to hear this from me rather than
through the grapevine because you are part of my legacy. I’ve always
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11 months ago
I think that this would be good information to show FSBO's. I am going to make a book just for the FSBO's that I am marketing to, with their name on it, that includes statistics and tips on selling their home, so that when I go look at their house for "potential buyers", they will feel like I prepared the book just for them..... kind of like a marketing book! Thanks.
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