Showing posts with label Nelson Real Estate FSBO. Show all posts
Showing posts with label Nelson Real Estate FSBO. Show all posts

Monday, February 11, 2008

FSBOing For Free

Based on the National Association of Realtors statistics for 2006, the average sale price of single family homes sold without the assistance of a Realtor was $187,200.

During this same period, the average sale price of a single family home sold with the assistance of a Realtor was $247,000. After paying a commission of $12,752 (7% on the first $100,000 and 3.5% on the balance) they would have netted $234,248 or $47,047 more than the FSBOer.

Stastics can at times be misleading but I think that the message sent by these stats are quite clear. Chances are that if you FSBO you will be working for free.

**source NAR Profile of Home Buyers and Sellers**