The recent rise in the number of websites offering ‘For Sale by Owner’ (FSBO) services raises important questions for state property professionals and consumers.
A very small number of owners have always chosen to try to sell their property themselves, however the trend has become more obvious because of the internet.
The idea of selling your home yourself has always represented a false economy and still does – regardless of the apparent ease of the internet.
In the first place, it simply may not be cheaper; many of the websites are simply fronts for a range of service providers seeking to sell a range of services that are often included in the professional fees charged by estate agents.
Secondly, by not utilising the professional services of agents, consumers can be left exposed. They are less likely to get the best sale price and face the likelihood of having to spend countless hours doing the work normally done by an REIV Member.
It may seem cheaper but will it really be cheaper when you take into account the cost of your time and a lower sale price?
Together the REIV and RealestateVIEW.com.au provide access to all Members with the fastest growing property portal in Australia (Nielsen Net-rating, October 2008), the latest property sales results and information, and the tools agents need to win more listings.
That’s why we won’t sell RealestateVIEW.com.au subscriptions to anyone who doesn’t have an estate agent’s licence or operate a licensed estate agency.
