Selling Your House on Your Own Could Cost You

Selling Your House on Your Own Could Cost You

Selling Your House on Your Own Could Cost You | MyKCM

In this extremely hot real estate market, some homeowners might consider selling their homes on their own which is known as a For Sale by Owner(FSBO). They rationalize that they don’t need a real estate agent and believe that they can save the fee for the services a real estate agent offers.

However, a study by Collateral Analytics reveals that FSBOs don’t actually save anything, and in some cases may be costing themselves more, by not listing with an agent.

In the study, they analyzed home sales in a variety of markets. The data showed that:

“FSBOs tend to sell for lower prices than comparable home sales, and in many cases below the average differential represented by the prevailing commission rate.” (emphasis added)

For a top realtor in Staten Island,Brooklyn or New Jersey call:

Rosemarie Rivicci

NYS Associate Broker

Barbara Corregano RE

917-846-5795

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5 Reasons to Sell This Spring

5 Reasons to Sell This Spring

4 Reasons to Sell This Spring [INFOGRAPHIC] | MyKCM

Some Highlights:

  • Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available!
  • Housing inventory is still under the 6-month supply needed to sustain a normal housing market.
  • Perhaps the time has come for you and your family to move on and start living the life you desire.
  • 5th – Interest rates continue to climb.  What you can afford today may be out of reach tomorrow.
  • Don’t hesitate to give a call today to list and sell while its a sellers market!
5 Reasons to Sell This Spring 

Rosemarie Rivicci

NYS Associate Broker

Barbara Corregano RE

917-846-5795