The share of home sellers who sold their home without the assistance of a real estate agent was 9 percent. One-third of those sellers knew the buyer prior to home purchase.
The primary reason that sellers choose to sell their home without the assistance of a real estate agent to a buyer they did not know was that they did not want to pay a fee or commission (43 percent).
One-third of FSBO sellers took no action to market their home, and 60 percent did not offer any incentives to attract buyers.
The typical FSBO home sold for $174,900 compared to $210,000 among agent-assisted home sales.
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