Ose Burnett

Exceptional Realtor - Exceeding Your Expectations!
Welcome to Ose Burnett Sign in | Help

Osemene Burnett

  • Single Story For Sale in lloyd

    1420NBostonPl
    Great Investment Property!

    • 962 sq. ft., 1 bath, 2 bdrm single story - MLS® $29,900 USD - Great Price!!!

     -  Great Investment Property! Currently rented, hardwood floors, spacious front porch, very nice kitchen area...a must see!

    Property information

  • The Facts About FSBO

     

    A close look at "For-Sale-By-Owner" (FSBO) data from NAR's 2006 Profile of Home Buyers and sellers

    Each year a small army of home sellers throw caution to the wind and "go it alone" — without the assistance of a licensed real estate professional.

    This ever-decreasing band of risk-takers, ventures into the land of pricing, marketing, screening, scheduling, showing and paperwork, with the goal of saving some money. It's often an experience they find less than rewarding.

    The numbers (if not the sellers) tell the story.

    In 2006, just 12 percent of sellers chose the FSBO (“For Sale By Owner”) route, down from 13 percent the previous year, according to NAR’s 2006 Profile of Home Buyers and Sellers. This is down from about 20 percent in 1987.

    But more telling than the decline in FSBOs is the fact that 40 percent of all FSBOs sold their homes to someone they knew prior to the transaction. This means that only 7 percent of all home sales are open market FSBO transactions. The rest are simply unrepresented sellers in private transactions.

    FSBO Graph
    From NAR's 2006 Profile of Home Buyers and Sellers

    Eighteen percent of FSBO sellers indicated that preparing the home for sale was the most difficult task when selling without the assistance of an agent, followed closely by understanding and performing paperwork (16 percent) and selling within their desired time frame (15 percent).

    As for profit — after all is said and done, FSBOs don’t always come out with fatter wallets. Again, the numbers tell the truth.

    Homes sold with the help of a real estate professional in 2006 sold on average for 32 percent more than FSBO sales. The median FSBO selling price in 2006 was $187,200, compared with $247,000 for agent-assisted transactions.

    FSBO Methods Used to Market Home:

    • Yard Sign . . . 51%
    • Friends/neighbors . . . 53%
    • Newspaper ad . . . 31%
    • Open House . . . 29%
    • Listing on the Internet . . . 22%

    Most Difficult Tasks for FSBO Sellers:

    • Getting the right price . . . 11%
    • Understanding paperwork . . . 16%
    • Preparing/fixing up home for sale . . . 18%
    • Attracting potential buyers . . . 9%
    • Having enough time to devote to all aspects of the sale . . . 9%

    Source: 2006 National Association of REALTORS® Profile of Home Buyers and Sellers

  • Single Story For Sale in lloyd

    1420NBostonPl
    Great Investment Property!

    • 962 sq. ft., 1 bath, 2 bdrm single story - MLS® SALE PENDING $29,900 USD - Great Price!!!

     -  Great Investment Property! Currently rented, hardwood floors, spacious front porch, very nice kitchen area...a must see!

    Property information