Owner sales difficult in cold Florida market

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.