
More Magazine has published an article about FSBO entrepreneurs. I love the following quotation:
"Their business rationale goes like this: NAR agents typically earn about 6 percent commission on each sale, 'creating fees that add up to tens of thousands for the seller ... They don't even clean your house for showings -- you have to do it.' For just $150, FSBOMadison (pronounced fizz-boh) will list a house, manage the online traffic, and throw in a teal yard sign. Judging by the success of the site -- which now lists almost 15 percent of all houses on the market in and around Madison, and gets more Internet traffic than the multiple-listing service operated by area agents -- it's clear that they've tapped into a revolutionary new way to sell real estate."
Peggy Northrop, editor of More Magazine, is shown in photo at left with Master Coach and FSBO Queen Joeann Fossland at a gathering in Tucson on Saturday. FSBOs were not on the agenda last weekend. Perhaps Joeann will offer to write a counterpoint article or conduct a consciousness raising seminar for our friends in women's publishing. All this in the week Joeann launches a new web site for REALTORS. Hmmmmmmm.....
Recent Comments