Wednesday, May 03, 2006
Why Work WIth a Realtor?
A recent survey found that 67% of all sellers relied on a real estate professional to sell their home. The study also found that working with a Realtor pays off. Those that choose to go it alone usually sold at a price about $45,000 less than if they used a real estate professional. This data was calculated from the median price of a FSBO ($210,000) vs the median price listed by a real estate professional ($255,000).
Another interesting piece of information I personally found is that buyers do not realize that using a real estate professional in their search generally does not cost them anything because in most transactions, the seller pays the commission out of the proceeds at closing.
Another interesting piece of information I personally found is that buyers do not realize that using a real estate professional in their search generally does not cost them anything because in most transactions, the seller pays the commission out of the proceeds at closing.
