FSBOs net significantly Lower Profits. For Sale By Owners tend to sell their homes for lower prices than homes sold through traditional agents via the MLS, and in many cases below the average differential represented by the prevailing commission rate according to study by Collateral Analytics. This study examined price differences between homes sold through traditional agents vs those sold by Owners from 2016 to the first half of 2017. Contact me for more information.
Even successful FSBO sellers achieve prices significantly lower than those from similar properties sold more traditionally via Realtors. FSBO sales on average net nearly a 6 per cent lower price than an MLS sale for similar property.