In this infographic we take a look at some of the data collected from thousands of For sale by owner (FSBO) home sales versus realtor sales. The data is provided by that National Association of Realtors and Northwestern University.
Surprising the results are weighed in the favour of realtors in the long run. On average for sale by owner takes longer to sell, sells for less and the majority of sellers run into serious issues. Of course there ware cases where FSBO is a better alternative than hiring a realtor, but statistically speaking it is a risk to try and sell your home without a realtor.
The astonishing thing about the data set is that FSBO actually decreased in popularity in the past 10 years by 50%. Despite the fact that it is easier to sell online and the wide spread availability of DIY property sale kits.
