A “For Sale” sign at your local home improvement store will only cost a few bucks, but the potential loss of income from a FSBO sale of your Daytona Beach area home or condo could be multiplied a thousand-fold. Over the nearly 15 years I have been in the real estate business, I have seen many waves of home sellers attempting “For-Sale-By-Owner”, with varying degrees of success. Often in a seller’s market, there are some homeowners who will attempt to sell their piece of real estate on their own, as they assume the demand will negate the need for professional marketing and negotiations. In my experience, I have seen many FSBO’s fail to sell or to earn maximum potential income, and a recent academic study supports the notion that you can earn more on a home sale with professional real estate services.
According to a recent study by Collateral Analytics, For-Sale-By-Owners tend to sell their property for lower prices than those sold through traditional real estate agents, even when commission is entered into the equation. The study found that FSBO’s net nearly 6% less on average than those homes that are listed with Realtors®. This also does not take into consideration the monetary value of the seller’s personal time spent with the sale process. When we represent home and condo sellers, we strive to earn our customers the most money possible and this is evident in our average list-to-sell price, which generally runs 3% higher than the Daytona Beach Area Association of Realtors® average. If you are considering a home sale, please contact us to discuss the Port Orange and Daytona Beach area real estate market and our proven marketing plan. Call (386) 527-8577 to earn more for your valued home or condo.