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FSBO is revolutionizing the property markets!

FSBO (pronounced as fizzbo) simply provides an advertising platform and information to homeowners for a flat fee, thus, empowering individuals to sell and purchase homes on their own. FTC (28 November 2005). "Competition and Real Estate Workshop Comment, Project No. V050015"(PDF). FTC.

In 2013 alone, our customers saved more than $70 million in commissions on home sales totaling more than $2.3 billion using the information, tools and services from the website that enable them to buy and sell houses directly.

Market Share
USA
Since the market recovered following the 2007 real estate recession, there has been a steady increase in FSBO sales, up nearly 30%. According to a 2016 report by the National Association of Realtors (NAR) regarding home buyer and seller trends, Home Buyer and Seller Generational Trends Report 2016, 8% of surveyed real estate transactions between July 2014 and June 2015 were FSBO. The record percentage of 20% of US real estate transactions (since tracking started in 1981) took place in 1987.

Many options are available to the FSBO seller. Many companies both online and brick and mortar offer various levels of services and price points.

Details:

Publisher: A.J. Hakimi Publishing House (March 25, 2017)
Language: English
ASIN: B06XVTKBPK

File size: 2231 KB

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September 2018