October 14, 2010
The Truth about For Sale by Owners
The latest information has become available from a survey of Home buyers and sellers commissioned by MIBOR. The survey was based on transactions between July 2008 and June 2009.
- The share of home sellers who sold their home without the assistance of a real estate agent was 8%
- 3% of these sellers knew the buyer prior to the home purchase
- 50% of For Sale by Owners did no marketing of their property
- 43% of these sellers offered no incentives to attract buyers
In today’s real estate market it is important to have a REALTOR who is knowledgeable and educated about the industry. So many things have changed recently. It takes an agent who is constantly monitoring the market and changes in rules to be efficient at representing your interests in buying or selling a home.
If you have any questions or would like to see how these statistics compare to the rest of the Nations buyers shoot me an email at
Posted by: 
Jeremy Page
Tagged With:
for sale by owner,
home buyer,
home purchase,
jeremy page
and mibor
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