For Sale By Owner Statistics

Dated: June 21 2016

Views: 286

For Sale By Owner (FSBO) Statistics

  • FSBOs accounted for 8% of home sales in 2014. The typical FSBO home sold for $210,000 compared to $249,000 for agent-assisted home sales.

  • FSBO methods used to market home:

    • Yard sign: 42%

    • Friends, relatives, or neighbors: 32%

    • Online classified advertisements: 14%

    • Open house: 14%

    • For-sale-by-owner websites: 15%

    • Social networking websites (e.g. Facebook, Twitter, etc.): 15%

    • Multiple Listing Service (MLS) website: 10%

    • Print newspaper advertisement: 3%

    • Direct mail (flyers, postcards, etc.): 3%

    • Video: 2%

    • Other: 1%

    • None: Did not actively market home: 25%

  • Most difficult tasks for FSBO sellers:

  • Understanding and performing paperwork: 12%

  • Getting the right price: 6%

  • Preparing/fixing up home for sale: 6%

  • Selling within the planned length of time: 18%

  • Having enough time to devote to all aspects of the sale: 6%

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