FSBOs Earn Less on Home Sale
Unrepresented sellers have a median household income that’s only about 11 percent lower than that of sellers who use an agent from the get-go, but FSBOs’ homes sell for 25 percent less.
|
|
Household income (median) |
Selling price (median) |
|
Agent-assisted |
$87,100 |
$250,000 |
|
First FSBO, then agent-assisted |
$70,700 |
$192,000 |
|
FSBO/don’t know buyers |
$77,800 |
$187,200 |
|
Data from the NAR Profile of Home Buyers and Sellers, 2006 edition, NAR Research | |