Originally Posted by cute fuzzy bunny
Excluding specialty and unique properties, i'm still not sure why I'd pay the same or extra to buy a house from an amateur with emotional involvement.
"Hey, you can see the place's potential for yourself, write up an offer if you're interested, we're accepting the first full-price one we get. If you have any questions we'll be sitting in the kitchen talking to the rest of the buyers."
Some amateurs are more professional than others, and they're more emotionally involved with cash than with a depreciating structure...
Aside from the dreaded "data adjustments", I think one of the important factors in the study is that FSBOs tend to thrive in hot markets and to seek professional help in cold markets. So FSBO results are biased by the fact that everyone is making a killing.