Home Seller Survey Shows Rising Number of FSBOs

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Real estate website Fizber.com conducts a housing poll.

The increased resources available on the Internet resulted in more consumers having confidence in their ability to successfully sell or buy a home without a real estate agent. This confidence is well founded, as evidenced by the recent poll conducted by a real estate website Fizber.com. The survey was released today by Fizber.com.

The number of FSBO sellers has risen dramatically over time, increasing from only 7 percent of buyers in 2000 to 27 percent in 2007. According to the National Association of Realtors, 2007 will close with a total of nearly 700,000 successful "for sale by owner" transactions in markets across the country, resulting in the savings of nearly $9 billion estimated by a real estate website ForSaleByOwner.com.

"Facebook Polls are an easy way to get quick answers to your questions", says Julia Foster, Vice President of Marketing, Fizber.com. "We ran a Facebook poll last week asking those between 24 and 64 years of age "How would you list your house for sale?". The results based upon a sample of over 300 responses are hardly scientific but interesting nonetheless."

The poll took less than 24 hours to complete. Here are the results:

How would you sell your house?

  • 20% would try to sell it on Facebook
  • 27% would list it FSBO
  • 53% would list it with a Realtor

Fizber.com provides sellers with cutting-edge Web 2.0 tools to showcase their property efficiently and effectively without the high fees associated with a realtor. Fizber.com lets home sellers place their listing and adds the listing to multiple partner sites. Over 90% of home buyers start their search on the Internet, so having it advertised on Fizber.com will save sellers time, money and will result in maximum exposure.

About Fizber.com
As a for-sale-by-owner website, Fizber.com saves homeowners up to 6% in realtor fees while utilizing cutting-edge technology to provide clients with effective tools to showcase their homes.

The site offers flat-fee MLS submission to home sellers and also provides extensive neighborhood and schools information to home buyers.

For more information, please visit http://www.fizber.com/

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Julia Foster
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