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Why Only 10% of For Sale by Owner Listings Sell

Posted By steve smith @ Jan 19th 2016 12:00pm In: Charleston Housing Market

10 reasons why for-sale-by-owners (FSBOs) fail to sell....

Homeowners trying to sell their homes on their own — for-sale-by-owners (FSBOs) — are driven by several reasons. Although most of them want to save money that they would have otherwise spent on real estate commissions, a few others take the FSBO route because they feel they don’t need a professional to sell their home.

Whatever the reason for attempting to sell solo might be, data from a National Association of Realtors survey shows that less than 10 percent of FSBOs actually sell continue reading........

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