Jun
 
22
 

In this day and age it is easy to manage nearly every aspect of life on our own. However, home sellers are finding many more cons than pros emerge when they consider selling their own home. Back in 2005, 13% of sellers sold their home as a FBSO (For Sale By Owner). Fast forward 10 years and FSBO homes accounted for just 8% of home sales in 2015 (source: National Association of Realtors).

Sherry Davidson, President of Davidson Realty, helped shed light on why this is the case. “Sellers are realizing the drawbacks outweigh the advantages when they list a FSBO,” said Sherry. “In general, we are seeing FSBO homes stay on the market longer and end up selling for less than homes sold with the assistance of an agent who knows the market, appropriate pricing and property marketing techniques.”

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