With many caveats, a study released today by Northwestern University economists indicate that you can come out ahead by selling a house on your own, rather than through a realtor. Your house may stay on the market somewhat longer. And all this may be partly because Madison, WI has a highly developed FSBO culture, claiming about a 20% market share. But as one woman put it, the six percent she paid a realtor was worth not having to listen to people criticize her wallpaper.
· One city's Home Sellers Do better On Their Own [NY Times]
· Reader Comments [NY Times]
· Study Offers Provocative Comparison of Selling a Home [NU]