For Sale By Owner Statistics

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Dinits Realty 808-874-0600

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Check out these statistics and then read this important blog post
https://easymauirealestate.com/Blog/For-Sale-by-Owner-Maui-Read-This-First

For Sale By Owner (FSBO) Statistics FSBOs accounted for 9% of home sales in 2012.

The typical FSBO homesold for $174,900
compared to $215,000 for agent-assisted home sales.
FSBO Methods Used to Market Home: That is a 18 to 20% discount.

* • Yard sign . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48%
* • Listing on Internet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32%

* For-sale-by-owner websites . . . . . . . . . . . . . . . . . . . . . . . . . . 20%
* Other websites with real estate listings (e.g. Yahoo, Google, etc.) . . . 11%
* Social networking websites (e.g. Facebook, Twitter, etc.) . . 10%
* Video hosting websites (e.g. YouTube, etc.) . . . . . . . . . . . . . 2%

* Friends, relatives, or neighbors . . . . . . . . . . . . . . . . . . . . . . . . 30%
* Print newspaper advertisement . . . . . . . . . . . . . . . . . . . . . . . 14%
* Open house . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12%
* Direct mail (flyers, postcards, etc.) . . . . . . . . . . . . . . . . . . . . . . 2%
* Video . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1%
* For-sale-by-owner magazine . . . . . . . . . . . . . . . . . . . . . . . . . . . 1%
* Television . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <1%
* None – Did not actively market home. . . . . . . . . . . . . . . . . . . . 31%
* Other. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2%

Most Difficult Tasks for FSBO Sellers:

* Understanding and performing paperwork . . . . . . . . . 18%
* Getting the right price . . . . . . . . . . . . . . . . . . . . . . . . . . . 14%
* Preparing/fixing up home for sale: . . . . . . . . . . . . . . . . . 11%
* Helping buyer obtain financing: . . . . . . . . . . . . . . . . . . . . 6%
* Attracting potential buyers . . . . . . . . . . . . . . . . . . . . . . . . 6%
* Selling within the planned length of time: . . . . . . . . . . . . 6%
* Having enough time to devote to all aspects of the sale . 1%

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