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Originally Posted by Bagor
Actually, it wouldn't be hard to track the stats for it and present the data.
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Do tell?
You could do a sampling of sales with 2 agents vs sales with 1 agent, but the problem would be accounting for actual double ender sales where the 1 agent really had their own buyer clients, or if they were unrepresented buyers suddenly entering alone as we're discussing here.
Quote:
Just as it wouldn't be hard to track the stat for % difference between sale by owners and realtor sold homes. I've been hearing the old realors get x% more for home sales compared to for sale by owners for a few years now yet when asked what this claim is based on get a best answer of "well, it's common knowledge".
If there is indeed great value to be had by retaining a realtor shouldn't you folks be presenting more evidence to back it up?
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Seems even harder to compare, what's your recommendation here?
Considering most FSBO will go through something like Craigslist or Welist, how do we get the sales data to compare to agent listed MLS sales?
If you sell your place on Craigslist, I can't pull the list price vs sale price, days on market, price drops etc. for your property.
Unless these sales are in the same data system(if available at all), we're not comparing apples to apples.
And for the record, I'm not making the claim you've stated about "realtors get X% more...", just questioning your suggestion for easy comparison.