PropertySold is proud celebrate a significant milestone this June as homeowner savings hit five million dollars, thanks to our ‘no agents’ approach to home-selling.
This major savings milestone is hot on the heels of last month’s coup of reaching $80 million in home sales. While the majority of the sales have been in Ontario, led by the Greater Toronto Area, strong inroads are being made in the Western and Atlantic provinces.
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University researchers in Madison, Wisconsin, have released the results of an interesting new study that shows homeowners who sell on their command much the same prices as those who sell through an agent.
The findings fly in the face of what real estate agents have often touted as their greatest warning: that DIY home sellers are risking not getting the best price for their home. The study shows For Sale by Owner sellers got ‘at least as much’ as those who used the services of an agent and MLS listings.
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The flourishing ‘For Sale by Owner’ real estate market is set to outpace traditional agent-assisted sales, as purchase prices rocket past the national average.
The do-it-yourself approach to home sales is becoming increasingly popular in Canada. FSBO, as it is known, eliminates real estate agents from the sale of homes, allowing homeowners to pocket what typically amounts to thousands in commission fees.
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