ForSaleByOwner.com listings up 14 percent

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Listings on ForSaleByOwner.com are up 14 percent in the past year, General Manager Eddie Tyner tells CNNMoney’s Les Christie.

“Historically, for-sale-by-owner (deals) ebb and flow with the economy,” says iGOfsbo.com developer Donald Van Dyne. “People use it when there’s a hot market, when it’s easier to sell their homes.”

A review of FSBO vs. agent-represented listings in the nation’s five most populous states posted on Zillow.com suggests that for now, buyers are still much more likely to go with an agent.

Agent represented vs. FSBO listings in 5 most populous states

State Agent-represented listings FSBO listings Agent:FSBO ratio (on Zillow.com)
California 102,000 2,107 48:1
Texas 139,000 4,071 34:1
New York 111,000 5,262 21:1
Florida 187,000 6,448 29:1
Illinois 72,000 2,911 25:1

Sources: money.cnn.com and zillow.com