The rate of For Sale By Owner (FSBO) homes has been decreasing steadily for the last decade. In 2016, FSBOs accounted for just 8% of home sales.
Why do 87% of home sellers use an agent to sell their home?
Today’s buyers are web-savvy, and expect homes to be marketed on national home search sites that FSBO sellers often forget about. Agents can also help with negotiation and to streamline the closing paperwork. Plus, sellers who use an agent usually make more on their home sale, even after paying an agent’s commission.
But don’t take my word for it — there are plenty of stats showing that hiring an agent is the smart choice. Check out these facts about hiring an agent vs. selling your home FSBO.
Your trusted neighborhood specialist,