ORLANDO, Fla. -- Feb. 17, 2006 -- A study conducted for the Florida Association of Realtors (FAR) found the cost a FSBO seller in Florida paid in 2005 for going it alone: $45,000. The median price of a home sold represented by a licensee was $255,000; the median price of a FSBO was $210,000.
The results can be found in the "The Florida 2005 Profile of Home Buyers and Sellers," a study conducted on behalf of FAR by the National Association of Realtors (NAR) in tandem with their national study on buyers and sellers.
The study looked at the characteristics of homebuyers in Florida as well as the steps they took to find a home. It also focused on buyers' views of licensee representation and how they financed the purchase. For home sellers, the study dug deeper into the process for those represented by a licensee, but it also looked at FSBO (for sale by owner) sellers to find out more about their reasons and methods.
If you would like a copy of the study, please send an email to debbie@wesellpsl.com with "2005 Florida Homebuyers Study" as the subject, and we will forward a copy to you!
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