NEW YORK, April 3, 2008 – Reflecting the growth of the Internet for buying and selling real estate, ForSaleByOwner.com attracts more online visitors than most residential real estate brokerage companies — including Prudential Properties, Keller Williams, ERA Real Estate and GMAC Real Estate – according to independent data from comScore, Inc. Compared to other “for sale by owner” companies, ForSaleByOwner.com is the overwhelming leader and attracts nearly three times as many visitors as its next closet competitor.
“We attract more visitors because our complete line of products and services are helping people sell and buy homes without paying commission,” said Greg Healy, Vice President of Operations for ForSaleByOwner.com. “With rich online listings, home pricing tools, step-by-step real estate guidance and live customer support, we are an effective and affordable alternative to using an expensive real estate brokerage firm.”
According to the National Association of Realtors, more than 84% of buyers use the Internet in their home search in 2007, up from 80% in 2006 and from just 2% in 1997. To help its customers take advantage of this growth, ForSaleByOwner.com also syndicates property listings to GoogleBase.com, Yahoo.com, USAToday.com, AOL.com, among other sites. Customers can also have their homes placed on the MLS and on Realtor.com.
comScore, Inc. is a global internet information provider that measures consumer behavior on the Internet. Information contained in this press release refers to total unique visitors that comScore, Inc. tracked for February 2008. Websites for real estate companies referenced above include PrudentialProperties.com, KW.com, ERA.com and GMACrealestate.com.
ForSaleByOwner.com was also recently recognized by real estate expert Barbara Corcoran as the best real estate website for buying a house without a broker.
ForSaleByOwner.com is the nation’s leading for sale by owner website. Since 1999, ForSaleByOwner.com has saved home sellers more than one billion dollars by providing premium Internet marketing services, property pricing reports, real estate guidance and information, downloadable legal forms, as well as live customer support, to help customers independently sell their own homes. The company offers a wide range of listing packages at varying prices that provide advertising, information, tools and resources to empower people to sell their homes themselves. In contrast, a person selling a $300,000 home through a real estate agent would be charged a 6% commission fee and pay approximately $18,000. Prospective homebuyers can browse property database, available at http://www.forsalebyowner.com, at no charge.