"We calculated profit as "average selling price-average
purchase price". On the resale side, both FSBO and Real
Estate Sellers made a lot of money $76,800 FSBO vs $72,300
Real Estate Agents in gross profit. The
most important finding here is that FSBO
Sellers made 6% more gross profit on their
homes than sellers who used a Real Estate Agent."
"This
shows that people who sell their home on their own do, in
fact, make
more money than
people who use a Real
Estate Agent. This is gross profit and does not include Real
Estate Agent fees. So, if you factor in the average of 6%
Real Estate Agent fess that would reduce the profit for those
who sold with a Real Estate Agent to 42% or $59,400. This
data shows that FSBO's actually made 29% more in total on
the sale of their home than those who use Real Estate Agents."
Gross Profit: FSBO 59% ...Agent 42%
"Selling your home on
your own and making more money has been a common myth for
years. This data proves that FSBO's
actually make 29% more in total on the sale of their home
than those who use Real Estate Agents."
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