Texas Real Estate Brokerage Sales Apprentice Education (SAE) Practice Exam

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According to a survey, FSBOs account for what percentage of home sellers?

  1. 5%

  2. 10%

  3. 12%

  4. 15%

The correct answer is: 12%

For Sale By Owner (FSBO) transactions involve homeowners selling their property independently, without the assistance of a real estate agent. The percentage of home sellers who opt for FSBO is typically a small portion of the overall market. The figure of 12% is significant because it reflects a consistent trend found in various surveys and reports, showing that while many sellers are choosing to take the process into their own hands, the majority still rely on professional agents to navigate the complexities of the real estate market. This percentage highlights the challenges and motivations behind the FSBO approach, such as the desire to save on commissions or an inclination to have direct control over the sale process. Other percentage options, while plausible, do not align with the commonly reported figures in real estate trends; this makes 12% the most factual and representative answer in the context of FSBO sales.

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