Letter to the Editor, NY Times
January 4, 2006
Letters to the Editor
The New York Times
229 West 43rd Street
New York, NY 10036
Dear Editor:
Your article about a for-sale-by-owner web site in Madison, Wisconsin (January 3, 2006) failed to provide your readers an accurate picture of the advantages and disadvantages of going it alone when making the most important transaction of their lifetime.
The fact is that using a professional to sell your home more than makes up for the cost, not to mention the savings in time, effort and hassle. The average home sold with the help of a professional last year brought $230,000 while the average home sold by an owner went for only $198,200—a 16 percent difference. It’s no wonder that the percentage of homes sold by owners actually declined last year despite the real estate boom in most areas of the country.
Sincerely,
Thomas M. Stevens
President
NATIONAL ASSOCIATION OF REALTORS®
This letter was written in response to
Owners' Web Site Gives Realtors Run for Money
New York Times, January 3, 2006 (Free registration required)
Read the REALTOR® Magazine Online article about the letter |
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