According to the NAR, here are some interesting facts about sellers who sell their home “for sale by owner”.
- An all time low, 7% of recent home sales were FSBO
- 57% of owners already knew the buyer
- FSBO’s sold for significantly lower than their original list price
- FSBO’s sold for much less than the selling price of their comparable homes
- FSBO’s sold at a median of $310,000, much lower than the $405,000 agent-assisted homes
Thanks for reading,
Chris
