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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (78042)5/22/2007 7:25:38 PM
From: TradeliteRespond to of 306849
 
I don't see many FSBOs around here and never have. Just got wind of a house sale around the corner from me that supposedly occurred in one day--listed at just under $800K-- and notice one house down the street in our cul-de-sac listed only about two weeks has a contract and was listed at $1.1 million.

I don't know the actual selling prices, but if you want to be a FSBO around here, you darn well better be sharp. The major brokerage firms are doing well in my area. Hard to know how well the FSBOs are doing, because they don't like to spend on yard signs, or ads for sale or tell anyone they have sold. They are under the radar screen, and I suspect they just don't sell, even if they exist. They are and always have been "nonentities" as far as I'm concerned. There just aren't enough of them to count.