For Sale By Owner (FSBO) Statistics

FSBO’s accounted for 8% of home sales in 2015

The typical FSBO home sold for $185,000,

Compared to $240,000 for agent-assisted sale.

 

FSBO methods used to market home:

  • Yard Signs: 33%

  • Friends, relatives, or neighbors: 21%

  • Online classified advertisements: 10%

  • Open House: 21%

  • For-sale-by-owner websites: 7%

  • Social Networking Websites (Facebook, Twitter, etc): 9%

  • Multiple Listing Service (MLS) website: 13%

  • Print Newspaper Advertisement: 3%

  • Direct Mail (flyers, postcards, etc): 2%

  • Video: 1%

  • None: Didn’t actively market home: 41%

 

Most difficult tasks for FSBO sellers:

  • Getting the right price: 18%

  • Preparing/fixing up home for sale: 13%

  • Understanding and performing paperwork: 12%

  • Selling within the planned length of time: 3%

  • Having enough time to devote to all aspects of the sale: 3%

 

Source: 2016 National Association of REALTOR®

Profile of Home Buyers and Sellers