To FSBO or not to FSBO: The problem wiith the data

With most people staring at significant declines in value on their homes, skipping expensive real estate brokerage fees has some appeal.

If your home went from a value of $300,000 to a value of $250,000, you can -- in theory -- recoup $15,000 by skipping out on a real estate agent.

But should you? National Association of Realtors data shows for-sale by owners near record lows, but as Inman News points out "many such transactions are complicated to classify, as they aren't technically on the open market because they were between friends or relatives, according to NAR spokesman Walter Molony."