ForSaleByOwner.com, one of many for-sale-by-owner Web sites, released some statistics today that suggested New York City home sellers may be braver than their Los Angeles counterparts when it comes to going FSBO, a move that can save a potential $60,000 in sales commission on a million-dollar home.
ForSaleByOwner.com, a subsidiary of Los Angeles Times corporate parent Tribune Co., said listings located in the New York City metropolitan region accounted for 12.7 percent of all homes for sale on the Web site during the first half of 2007. Tribune Co.'s hometown of Chicago ranked second with less than half the New York total, 5.1 percent. But Los Angeles, trendsetter or no, didn't appear until ...
Read the full post at Native Intelligence.
— TJ Sullivan in LA
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