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Mel Ahrens, MBA, Kelly Right Real Estate, Customized Choices for your Real Estate Needs (Kelly Right Real Estate)

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Ambassador
3,345,091
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

 I do not believe there is one collective source for that data.  

Jan 19, 2019 04:01 PM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Sorry... don't know that such statistics are kept for FSBO's.

Jan 19, 2019 03:02 PM
Ambassador
5,230,079
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Like you, I have read those same articles but, don't remember stats cited. Let us know if you find them, Mel. It would be great information to share.

Jan 19, 2019 03:40 PM
Rainmaker
1,622,432
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Nope. 

Jan 19, 2019 03:13 PM
Rainmaker
2,390,620
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

No clue Mel Ahrens, MBA, Kelly Right Real Estate but you would think the numbers would be equil or worse. I office is in a building with many lawyers so I will ask on Monday if any have been involved in FSBO law suits.

Jan 19, 2019 04:13 PM
Rainmaker
564,494
Maria Sapio
Keller Williams of Central PA - Carlisle, PA
Real Estate Agent- Carlisle, PA. Mariasapio.com

Sorry, I have nothing further to contribute.

Jan 19, 2019 04:09 PM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Mel,

I have no idea.  Why not ask a savvy real estate attorney.  A

Jan 19, 2019 03:55 PM
Rainmaker
2,781,173
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Civil litigation is no myth. The courts are back-logged. As to cases, too many to name or sort out but there is one of everything to be sure

Jan 19, 2019 05:27 PM
Ambassador
6,393,404
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Litigation against whom?  Agents, buyers, attnys, etc.

I doubt that there exists any reliable stats on this.

Jan 19, 2019 05:24 PM
Rainmaker
7,836,134
Roy Kelley
Retired - Gaithersburg, MD

Nope.

Jan 19, 2019 04:46 PM
Rainmaker
2,220,423
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

I don't.

Jan 19, 2019 04:23 PM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I dont know where to find it, but will love to know

Jan 19, 2019 04:13 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

No.

Jan 19, 2019 03:21 PM
Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I have seen it in the past but can't remember where I have seen it. I just know that it is higher.

Jan 19, 2019 03:11 PM
Rainmaker
5,868,554
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Have not seen any stats, good luck.

Jan 23, 2019 07:45 AM
Rainmaker
4,936,683
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Not sure of a source, have to see what others have to say!

Jan 22, 2019 09:04 AM
Rainmaker
3,986,258
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I have seen some litigation but as for direct numbers Ihave not seen any also

Jan 21, 2019 05:30 PM
Rainer
2,965
Olga Solovyeva
NIGHTINGALE REALTY, Inc. - San Diego, CA
residential real estate in San Diego

I don't have such statistics

Jan 20, 2019 08:49 PM
Rainmaker
711,852
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

I have never heard of a source for this information.

Jan 20, 2019 04:34 PM
Rainmaker
911,338
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

I doubt if anyone can verify how many fsbo's were sued. I doubt if it's very many in VA since we are a " Buyer Beware" state. And I seriously doubt that 20% of policy holders got sued annually. That's a lot for any industry.

Jan 20, 2019 12:00 PM
Rainmaker
1,502,998
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I don't.  Sorry.  I wonder if these 25% of policy holders were new agents and what their training was?

Jan 20, 2019 09:05 AM
Rainmaker
1,239,901
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

https://www.owners.com/fsbo-articles/tips-for-buying-a-fsbo-home/lawsuit-initiated-by-buyer-who-paid-1-million-over-listing-price

Jan 20, 2019 08:50 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Sorry, but I don't have a clue.

Jan 20, 2019 06:42 AM
Rainmaker
1,197,152
Peter Mohylsky, Beach Expert
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

I am not sure those stats are collected or would be useful.  Numbers can be twisted.

Jan 20, 2019 05:53 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

This question comes up #3 in a Big G search of same string.

It about time to contact the local university law school or some media source who can conduct a nationwide study of real estate sales related law suits and of those who hired real estate professionals and those who did not.

Pay for the research and charge for access. Knock, knock.

Jan 20, 2019 05:23 AM
Rainmaker
5,216,398
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Not sure that data is collectible in a reliable manner!

Jan 20, 2019 04:03 AM
Rainmaker
1,090,637
Diana Zaccaro Broker Associate
ZOOM Realty Group - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

Ha!

I googled "what percent of FSBO transactions end up in litigation" (without the quotes) and this question is at the top of the results!

What percent of FSBO transactions end up in litigation?

I can't help you with a source, though...sorry...

 

 

Jan 19, 2019 10:08 PM
Rainmaker
1,311,397
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Interesting question. I don't have an answer.

Jan 19, 2019 08:11 PM