Recent FSBO.com Survey results
Here are the numbers from FSBO.com’s most recent survey to our past seller’s.
42% SOLD their property while listed on FSBO.com
Average Days on Market was 93
Properties sold for 96% of list price
Average amount saved on real estate commission was $10,233
Here is the breakdown by region (all numbers are averages)…
| Area |
DOM |
List Price |
Sold Price |
% to List Price |
Comm. Saved |
| MIDWEST |
96 |
$ 186,825 | $ 180,189 |
96% |
$ 10,155 |
| NORTHEAST |
71 |
$ 468,632 | $ 453,559 |
97% |
$ 15,399 |
| SOUTHEAST |
110 |
$ 217,890 | $ 207,337 |
95% |
$ 8,679 |
| SOUTHWEST |
47 |
$ 243,800 | $ 232,400 |
95% |
$ 8,980 |
| WEST |
33 |
$ 309,817 | $ 306,167 |
99% |
$ 8,617 |
| TOTAL |
93 |
$ 251,449 | $ 241,819 |
96% |
$ 10,233 |
| Key for Regions |
| Midwest (States-IL,IN,IA,KS,MI,MN,NE,ND,OH,SD,WI) |
| Northeast (States-CT,DE,DC,ME,MD,MA,NH,NJ,NY,PA,RI,VT) |
| Southeast (States-AL,AR,FL,GA,KY,LA,MS,MO,NC,SC,TN,VA,WV) |
| Southwest (Sates-AZ,NM,OK,TX) |
| West (States-AK,CA,CO,HI,ID,MT,NV,OR,UT,WA,WY) |
DOM = Days on Market
February 13th, 2008 at 4:07 pm
[...] unknown wrote an interesting post today onHere’s a quick excerptHere are the numbers from FSBO.com’s most recent survey to our past seller’s. 42% SOLD their property while listed on FSBO.com. Average Days on Market was 93. Properties sold for 96% of list price. Average amount saved on real estate … [...]
February 14th, 2008 at 4:04 pm
It appears that the FSBO market did not do so bad and got close the the asking price. 93 days that not so bad!
February 15th, 2008 at 1:15 pm
Due to subprime issues and watching the markets fall isn’t something we like to see at all, but this is really only in certain parts of the country. The North East is still doing pretty well. I live in an area where million dollar homes are still selling pretty well for what they are asking.
I do however have an idea on how to increase FSBO’s exposure to customers and potential buyers. I have tried to contact FSBO, but I never seem to get a response. Hopefully the CEO will be more inclined to listen.
February 18th, 2008 at 5:06 pm
As you can imagine, FSBO.com gets contacted with many great ideas. It is sometimes difficult to keep up, and get back with all of them. Simply send an email to mike@fsbo.com and we will discuss it further. Please note that we are in the middle of a site redesign, and will have to hold off on taking any action until after the launch of the new site.
August 2nd, 2009 at 9:40 am
THIS SERVICE IS HORRIBLE THEY CHARGED MY CREDIT CARD AND
GAVE ME NO SERVICE IN RETURN, THEY GAVE ME A PHONEY
PROPERTY ID#22157628, LOOK IT UP YOURSELF, YOU WONT FIND
IT , THIS IS A FRAUD SERVICE, DO NOT SUBSCRIBE ONLINE, THEY
WONT EVEN RESPOND OR ALLOW YOU TO EMAIL TO THEM WHEN
THERE IS A PROBLEM WITH THEIR SERVICE, YOU CAN ONLY CONTACT
THEM BY PHONE ON MONDAY TO FRIDAY TO 6PM, MOST PEOPLE I KNOW
WORK DURING THESE HOURS!
August 2nd, 2009 at 9:43 am
FSBO this message is for YOU, YOU HAVE 24 HOURS TO CREDIT
MY CREDIT CARD THE MONEY YOU STOLE FROM ME, OR I WILL
REPORT THIS AS A THEFT OF MONEY TO MY CREDIT CARD CO, AND
THE BBB.
I SIGNED UP FOR YOUR SERVICE LESS THEN ONE WEEK AGO,
TODAY IS 8-03-2009 AND I HAVE BEEN TRYING TO CANCEL THIS
SERVICE FOR 4 DAYS NOW, YOUR EMAIL ADDRESS DOESNT TAKE
ANY MESSAGES FOR ME, I HAVE TRIED AT LEAST 10 TIMES WITH ALL
THE REQUIRED FIELD COMPLETED, YOU ARE A FRAUD!!!!!!!!!!!!!!!!!!
October 18th, 2009 at 6:02 am
Great Analysis. Many Homeowners are using FSBO method to sell their homes.
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