85% of FSBO’s end up listing with a Realtor.
Of the 15% that “successfully” sell FSBO:
FSBO homes sell for 11% less then comparative properties listed with Realtors, on average.
Realtors commission is typically 6-7%. (Do the Math)
FSBO transactions take 7 months longer to close.
FSBO’s spent $2,500 more on inspection repairs then listings represented by Realtors.
40% said they knew the Buyer of their home personally before the transaction.
Only 14% sold their home in the time the budgeted.
Only 13% said they had enough time to devote to the sale.
63% said the FSBO process impeded with work.
77% said it impeded with time spent with their family.
Source: 2012 Profile of Buyers and Sellers, NAR Research
Avery Garrett is a top Indianapolis Realtor serving the Indianapolis Metropolitan area from Coldwell Banker Kaiser. Avery is Zillow.com Premium 5 Star Agent, and is a Member of the Metroplitan Indianapolis Board of Realtors. Contact Avery for a complimentary, no obligation, Market Analysis of your home at 317-721-2274, or SoldByAvery@gmail.com. See Avery’s reviews and search for a home at www.SoldByAvery.net.
Avery is proud to help home sellers and home buyers in the following communities: Carmel, Fishers, Noblesville, Westfield, Cicero, Sheridan, Lebanon, Zionsville, Brownsburg, Avon, Danville, Plainfield, Mooresville, Camby, Greenwood, Bargersville, Martinsville, Franklin, Shelbyville, Southport, Beech Grove, New Palestine, Greenfield, Lawrence, Greensburg, Nashville and beyond.