Are FSBOs on the way out?

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Red sign in the shape of a home with white arrow and white text: HOME FOR SALE

12/16/2015 | Author: Editorial Staff

Fewer homeowners are choosing to sell their homes themselves, according to the National Association of REALTORS® 2015 Profile of Home Buyers and Sellers.  The report found that only 8% of recent home sales were for-sale-by-owner sales, compared to 9% last year. In fact, this year’s number is the lowest share of FSBOs ever recorded since the report started collecting this data 34 years ago. 

Check out this infographic for a few FSBO-related highlights from the report. 

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Categories: Research, Buyers, Sellers
Tags: profile of home buyers and sellers, nar, research, fsbo


Comments

Charlie Still on 12/16/2015

A few years ago I read a suggestion(I believe in the Realtor magazine) that we begin referring to people attempting to sell their homes themselves as “unrepresented sellers”.  This term more accurately describes the risky strategy being employed, & has a more negative connotation, while still being completely understood.  I’d love it if we could try to use that term more often in our discussions of those who attempt to sell without professional assistance.

Tom Morgan on 12/16/2015

Good news that more real estate consumers recognize the value of working with real estate professionals.


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