Housing Slump Opens Market to New Business Opportunities

Summary

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Most FSBO companies offer Internet home-listing plans that include the ability to upload photos of the property for sale, upgrades that may include slide shows and featured listings, and the ability to print marketing flyers. Some offer options to have properties listed on the local MLS service and on Realtor.com, the same tools Realtors use to find available properties for clients, This is particularly important as recent statistics show 80 percent of people looking to buy a home today search online before contacting a real estate agent.

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Extract

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Housing Slump Opens Market to New Business Opportunities

Residential home sales in the U.S. are down almost 25 percent versus a year go, to one of the lowest points in the last eight years, according to published reports. Residential real estate inventories reached the highest level for that same period. This slump was caused in part by the disastrous subprime mortgage market and the r...

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