Industry News

Atlanta is biggest market for FSBO real estate sales

Detroit, New York also rank high in survey

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An annual survey by, a site that advertises for-sale-by-owner properties, found that homeowners in Atlanta are the most likely to sell their homes at the Web site without a broker. Of all the homes listed on last year, 3.8 percent came from Atlanta, the company reported. "This marks the first time that Atlanta, which ranked third in 2004 and 2003, tops the survey. The Atlanta market saw a 71 percent increase last year in homeowners choosing to sell their homes on their own on the site," the company reported. "With housing prices cooling, it's not surprising that we're seeing more and more homeowners in all parts of the country choosing to maximize profit and safeguard equity by selling their home without a broker," said Colby Sambrotto, COO of "It has become the logical choice for savvy homeowners looking to achieve significant savings when selling their home." Detroit, which topped last year's list, fell to second this year, w...