Owner sales difficult in cold Florida market
April 24, 2009 12:35PM By Jennifer LeClaire
Janice Leis
From the South Florida Web site: The For Sale by Owner (FSBO) industry took a 12 to 13 percent market share of real estate transactions nationwide in 2006, but in a weaker economic climate, every sell is a tough one, and going it alone may not be worth it. Regardless of whether an agent's 6 percent commission is at stake, South Florida remains one of the slowest markets in the nation. Janice Leis, broker at Prudential Fox & Roach in Boca Raton, said a tough real estate market is no time for sellers to be penny pinchers. "In a marketplace with a saturation of inventory, and a small window of opportunity seasonally, you want to stand out," which a good agent can do better than most do-it-yourselfers, she said.
more
The Real Deal reserves the right to delete any comment it finds to be rude, obscene, racist, sexist, bigoted, irrelevant or repetitive, as well as inappropriate comments about anyone's personal appearance. The Real Deal does not endorse any comments posted on its Web site nor does it verify the veracity of comments or the identity of posters.
Comments