More Reasons to Go ForSaleByOwner.com

Two recent housing reports on declining home prices across the United States and in 20 key markets can’t be good news for real estate agents. In February 2008, the median home price dropped 8.2 percent from a year earlier, which is the largest decrease on record. When you factor in that it costs 6% of your home’s value to sell via a Realtor – and another 1.5% in closing costs – the typical U.S. home seller will be losing more than 15% of their home’s value if they sell through an agent.

The primary reason why people come to ForSaleByOwner.com (http://www.forsalebyowner.com) is to save money during the home selling process. While we can’t stop home prices from falling – or going up ☺ -we can help sellers avoid losing another 6% of their home’s value. Our listings went up by nearly 10% last year, largely because more people are learning that they can sell and buy homes without using an agent.