Easthampton, Massachusetts (PressExposure) March 22, 2007 -- Picket Fence Preview, a for sale by owner service located in Easthampton, Massachusetts announces its 2006 home sales results. The entire real estate market in Western Massachusetts experienced a slowdown during 2006. Buyers experienced an abundance of homes to view and waited patiently for prices to begin to come down. As a result, many home sellers who were in a position to wait out the correction elected to pull their homes from the market, deciding to wait until spring to try again.
Unlike MLS property data that tracks only listed property data , for sale by owner data is more difficult to pinpoint as some sales that are attributed to the MLS have resulted from private homesellers using a flat-fee MLS service. Picket Fence Preview sales are tracked throughout the year as reported by home sellers and the results are believed to be a conservative estimate of the actual number of sales that have resulted from the advertising service. It is not unusual for a seller to leave the area after selling and fail to report the sale.
During 2006, Western Massachusetts home sellers saved over $1.5 million in real estate commissions while using Picket Fence Preview and the exposure brought by its magazine and internet exposure. To date, since opening its doors in 2002, Picket Fence Preview has saved area consumers over $7.5 million dollars in needless real estate commissions.