For Sale By Owner vs Hiring an Agent
Reasons why homeowners sell on their own or hire an agent:
| FSBO | Agent Listed |
| Seller did not want to pay commission | Seller needed to sell in a short timeframe |
| Sold to someone they knew | Needed help pricing the home |
| Buyer contacted seller directly | Was not sure where to market the home |
| Didn’t want to work with an agent | Needed help with contract documents |
| Was not sure how to negotiate repairs |
For Sale By Owner Stats
17%
Average Decrease in Sales Price from Agent Listed Homes
7%
Percentage of Total Annual Home Sales that are successful FSBO transactions
75%
home owners that still pay a buyer agent commission, leaving themselves exposed without representation
10%
percentage of fsbo sellers that ultimately hire an agent to help them find a buyer
36%
percentage of home sellers that initially start as a FSBO listing
11%
percentage of those FSBO listings that actually succeed without an agent
30%
FSBO sellers that state they priced their homes incorrectly and didn’t have enough resources to complete a detailed market analysis
19%
percentage of home buyers that do not know where to find FSBO listings