Home Sellers Fare Better in Getting Their Homes Sold Using a REALTOR®
HomeGain.com, a leading online real estate resource that connects home buyers and sellers with real estate professionals, announced the results of its For Sale By Owner (FSBO) vs. REALTOR® survey. HomeGain surveyed over 1,000 homeowners asking whether they used a REALTOR® to sell their home or whether they attempted to sell it themselves. Eighty-three percent said they used a REALTOR® to sell their home and 17% said they tried to sell their home on their own.
Fifty-nine percent of homeowners that used a REALTOR® to sell their home were successful vs. 39% of FSBO’s, reflecting a 50% higher closing rate for those home sellers using a REALTOR®.
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Posted on Fri, February 25, 2011