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Do NAR Statistics of “For Sale by Owner” Sales Mislead People?

  • Posted on The FSBO Blog
  • 8.10.2006
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You’ve heard it quoted hundreds of times”¦ “The median home price for sellers who use an agent is 16.0 percent higher than a home sold directly by an owner; $230,000 vs. $198,200;” This figure comes from the NAR 2005 Buyer and Seller Profile. This figure is quoted religiously by the real estate and the media. In fact the National Association of REALTORS even has a TV commercial about it.

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8.10.2006
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