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Survey Results Spells Trouble for Some Real Estate Agents

 

NewswireToday - /newswire/ - Lake Junaluska, NC, United States, 07/01/2007 - The days of home sellers pay full commissions to agents is over according to a FSBO Channels survey.

   
 

A recent survey of 500 FSBO real estate sellers from around the nation reveals that 62% will never use the services a full commissioned agent, according to a survey done by FSBO Channels™. The survey further disclosed that 60% of those surveyed said they would however consider using the services of an agent who offered a “fee for service” agent offering ala Carte services.

The FSBO Channels™ survey found that the number one reason for sellers not to using an agent was their 6% commissions. Many of these same sellers indicated that they would use the services of a discount agent / broker if it was offered. Many state laws however prohibit an agent or broker to offer any discounted commission.

The number of home sellers opting to go the “For Sale by Owner” route has seen triple digit annual increases in many markets across the nation. This growth of FSBO sellers has resulted in the emergence of hundreds of FSBO real estate websites offering these sellers internet advertising of their listings. There are national websites such as Craigslist and FSBO Channels™ who offer absolutely free FSBO real estate listings complete with photos.

The growing popularity of FSBO real estate has even prompted many real estate companies to launch their own FSBO websites offering free listings. Real estate professionals are aware keenly aware of the FSBO trend and are positioning themselves to remain relevant in this age of 2.0 internet real estate.

FSBO Channels™ is a For Sale by Owner Real Estate website that offers all home owners nationwide a free and effective internet venue to market their home to the thousands of savvy buyers searching the web for FSBO listings. On August 8, 2006, FSBO Channels™ launched a prototype beta site “Tampa FSBO Channels™” serving Tampa Bay FSBO sellers with free internet real estate listings. The overwhelming success of Tampa FSBO Channels™ prompted an immediate expansion that has resulted in FSBO Channels™ now providing its free and effective services to all FSBO sellers nationwide.

 
 
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