Recently we posted to our blog about measuring FSBO Statistics. Our claim, which can be substantiated, stated that 25% of residential real estate sold in Canada is by private sale.
A blogger commented on this post by saying 'Statistics are hard to measure in the for sale by owner marketplace...........'. This raises an interesting question.
How does the real estate industry claim that 90% of FSBO's end up listing with a broker? Another real estate agent in his blog on Activerain.com stated that realtor's can get 26% more for a property.
There is no question. The real estate industry is running scared. Technology is taking the control of selling real estate out of their hands. As much as they try to discourage owners from selling privately, it is the way of the future.
How do you calculate how many private sales were transacted? Simple. Subtract the number of sales as submitted by the Canadian Real Esate Association (CREA) from the number of transactions registered at the land registry office.
Learn how to Sell Your Own Home and save paying thousands of dollars in realtors fees.
Check out our Durham Region Homes For Sale by owner real estate website.
HomesByOwner of Durham Region
Toll Free - 866.964.FSBO (3726)
Sell Your Home. Keep The Commission.
In order to sell a home in this depressed market, one must do EVERYTHING one can to sell. This "everything" includes listing with a broker. Most brokers do not show FSBO's. It is important to target everywhere to make the sale.
Thanks for the blog.
Ann Sabbagh
www.annsabbagh.com