Discount Real Estate Vs. Full Service Realtors®
Don't be fooled by Discount Real Estate offices offering to sell your house for
2% and 2.5%.
Generally your property is not listed on the MLS (Multiple
If you are looking to save money when selling your Real Estate, take a trip
to your local Do-It-Yourself store (i.e.. Home Depot or Lowe's). Buy a yard sign
that reads "House for Sale" and place it on your front yard.
Here are some National Real Estate Statistics:
the typical FSBO (For Sale By Owner)
home sold for $163,800, compared to $189,000 for agent-assisted home
sales. (over 11% less)
FSBO Methods Used to Market Home:
Yard Sign . . . 63%
Friends/neighbors . . . 25%
. . . 44%
Open House . . . 33%
Internet . . . 24%
Most Difficult Tasks for FSBO Sellers:
Getting the right price . . . 24%
Understanding paperwork . . .
Preparing/fixing up home for sale . . . 24%
buyers . . . 10%
Having enough time to devote to all aspects of the sale . .
Source: 2004 National Association
of REALTORS® Profile of Homebuyers and Sellers
National Statistics have shown that FSBO houses sold for 11% less than
those Houses sold by Licensed Realtors®. The major difference is the MLS
(Multiple Listing Service). Typically, Discount Real Estate Offices offer those
low 2% and 2.5% rates, since they don't place your Home on the MLS, and
are normally Real Estate Agents, not Realtors®.
The MLS is used and shared by over 30,000 South Florida licensed Realtors®
with qualified buyers, ready to buy your House. The MLS is public for buyers to
search from their home computers, and with over 74% of home buyers searching the
MLS online, is there a better way of selling your house?
So what is the difference between Discount Real Estate and the assistance of
a Realtor®? The MLS, 11,000 licensed Realtors®, and over 74% of home buyers.
Full Service licensed Realtor® have access to the MLS and a host of other
exclusive features, you are also getting a professional Realtor®. This can mean
a Difference of over 11% to you, not to mention time, money and aggravation.
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