For Sale By Owners- Did you know?

By
Real Estate Agent with Keller Williams Realty Associate Partners

Did you know, according to NAR, that in 2011 only 11% of For Sale By Owners in Ohio SOLD their house without a real estate agent?  I was very surprised by this statistic.  

NAR says that the primary reason that sellers choose to sell their home without a real estate agent is because they wanted to avoid paying a fee or commission. 

The average sales price for 2011 in Ohio without an agent was $153,000 and with an agent was $165,000.

With the above statistics, I ran some quick numbers.  Here's what I calculated:

$153,000 (SP) x 3% (fee)= $4,590                                                                                                                              $165,000 (SP) x 6% (fee) = $9,900

The difference in the sales prices is $12,000.

$12,000 - $9,900= $2,100 back into the seller's pocket. Why wouldn't a seller want more money in their pocket?

Need or want to sell your house?  Call or text us  at 513-476-8784 and we will show you how we can actually put more money in your pocket.

YOUR TRUSTED HOMETOWN EXPERTS WITH A WORLD OF EXPERIENCE!

joseph and donna drake with keller williams realty associate partners

Joseph and Donna Drake    

Keller Williams Realty Associate Partners   

513-476-8784 Direct

www.westchesterohiohomes.com

 

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