Tuesday, February 9, 2010

For Sale By Owner-The Secret is in the Numbers-William Szilagyi WilliamsHomeSellers Colorado Springs Real Estate Fountain Real Estate Fountain Real Estate Colorado Springs CO Real Estate

Sure, you see “FSBO” signs around Colorado Springs every once in a while.  But, like many other do-it-yourself projects around the house, marketing your home is better left to a professional.

Colorado Springs “FSBO” sellers often do not think beyond buying a sign at the hardware store, sticking it in the yard, and possibly taking out a classified ad in the newspaper. Now to be fair, there are options for seeking larger to seek potential buyers but they are long on promise and short on delivery.

To illustrate this point, according to the National Association of Realtors and Realtor.org,  the median selling price of an open market "FSBO" home was $150,100, while the median price for agent-assisted sales was $211,000. Furthermore the average numbers break down like this: 9% "FSBO" Sales, 5% Sales to friends or family members and 85% are Realtor Assisted Sales.

If you have had second thoughts of paying commission to real estate agents look at the numbers. An agent who specializes in Colorado Springs Real Estate and who has an aggressive marketing plan will justify their money on the bottom line. Remember, all agents are independent contractors of some sort. They may work for a large franchise or be an independent Broker.

When interviewing an agent the most important factor is their individual productivity. Having an area of specialty or a "Geographic farm" is an idea from the past. Technology has opened up to a global market and understanding how to operate in the age if the internet, as well as other tangibles is a must when considering your options.

Consumer information provided by William Szilagyi Williams HomeSellers  719-646-2634 william@williamshomesellers.com Colorado Springs Real Estate Fountain Real Estate Fort Carson Housing Monument Real Estate

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