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Interesting Paper on Current Real Estate Commission Models
Here is an excellent paper on real estate commission model. It’s well worth downloading and reading. It’s main point is that the inefficiency in real estate costs consumers 30 billion dollars a year. Already it is raising issues within the real estate agent community such as Inman Blog, where this great post is […]
Do NAR Statistics of “For Sale by Owner” Sales Mislead People?
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 […]
Home Sellers… Pricing Your Home Correctly and Selling Time-frames
Here is a good article on pricing your home correctly from the WSJ. The article basically states that pricing your home accurately is the single most important thing to getting it sold. They indicate to use round number prices as this makes the property appear on more search, i.e. a $275,000 price will […]
Selling a Home For Sale by Owner in The News…
Here is a Washington Post article on selling your home for sale by owner. There is some good information which is all fairly basic. Probably the biggest take-away from the article is the time you will need to invest into selling your home for sale by owner. We have created a FSBO savings […]
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