Brad's Real Estate Blog

Here is what NAR statistics say:

FSBO Methods Used to Market Home:
Yard Sign . . . 51%
Friends/neighbors . . . 53%
Newspaper ad . . . 31%
Open House . . . 29%
Listing on the Internet . . . 22%

Most Difficult Tasks for FSBO Sellers:
Getting the right price . . . 11%
Understanding paperwork . . . 16%
Preparing/fixing up home for sale . . . 18%
Attracting potential buyers . . . 9%
Having enough time to devote to all aspects of the sale . . . 9%

 

What do the statistics say about the Home Buyers:

Information Sources Used in Home Search

Real estate agent - 85%
Yard sign - 63%
Internet - 80%
Newspaper - 55%
Home book/magazine - 34%
Open house - 47%
Builders - 26%
Television - 11%
Relocation company - 5%

 Statistics provided by NAR

Makes it kind of hard for a For Sale By Owner to sell on their own.  FSBO Seller, are you fighting against the trends? Fighting a market with measurably fewer buyers than in previous years?  Perhaps you should think about your strategy more.


Posted by Brad Snyder on July 19th, 2007 8:52 PM

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