Uncategorized. Saturday , December 23rd , 2017 - 10:45:20 AM
Here in Spokane Washington, the FSBO market cycled through many ups and downs. Most recently the seller's market that ended a couple years ago it was certainly easier to sell your home without the help of a broker. Recently however, the market has shifted into a more balanced market. Many experts say that it is now a buyer's market as the number of expired listings has shot way up along with the total number of active listings. As of last week, Spokane had over 5,300 active listings in the Spokane Association of Realtors MLS. There we also 2,711 residential sales that closed in the last six months. At the current rate of sales with this number of listings it would take over a year for them to all with no new listing being added to the MLS. With nearly 2,000 real estate agents actively marketing these homes, someone working on their own seems to be at a definite disadvantage in today's market conditions. Of course, Realtors, real estate brokers and Agents are experts in their field and expect to get paid a reasonable fee for their services.
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