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11 Steps Away From Buying Your Dream Home
There is no doubt that the market for houses has been on fire recently. More and more people are taking advantage of low interest rates and easy mortgage loan terms to go from being renters to being home owners. With so many people entering the...
Much Ado About Mansionization?
Los Angeles allows a 7600 square foot home on a 5000 square foot lot. This isn't fuzzy math, and the city is not saying you should re-position your neighbor's fence in the middle of the night, gaining a 2600 foot advantage for your new breakfast...
New Hampshire Real Estate – Switzerland Of America
With soaring mountain ranges, New Hampshire is often called the Switzerland of America. Fortunately, New Hampshire real estate prices compare favorably to Switzerland.
New Hampshire
New Hampshire is a state with beautiful scenery that takes on...
South Dakota Real Estate – Step Away From The Rat Race
From National Parks to a relaxed pace of life, South Dakota has a lot more going for it then you might think. With some of the cheapest prices in the land, South Dakota real estate is a steal.
South Dakota
If you’re looking for bustling cities...
The Best Realtor Knows How To Listen
Realtor Traits That Really Pay Off
Today's home buyer is looking for a lot in a Realtor and rightly so. As the home buying market continually increases and diversifies, the competition between Realtors intensifies. What makes some Realtors...
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Sell A Home For Free
When selling or buying a home, the realtor commissions can take a serious bite out of your profit. Here’s a primer on how to sell a home for free without commissions.
Sell A Home For Free
When many people think of a real estate sale, they immediately groan at the thought of dealing with real estate agents. More painful, for many, is the thought of paying a six percent commission to an agent. In the last five years, the real estate market has seen a significant increase in the number of people who sell their home without using agents.
A property sold without a real estate agent is known as a FSBO, which simply means for sale by owner. If you take a look at the real estate classifieds in the Sunday edition of your local paper, you should see plenty of FSBO listings. With the increasing popularity of the Internet, there are numerous sites such as FSBOAmerica.org that provide national listings online for free viewing by potential buyers. This is giving rise to a fundamental change in the real estate industry.
Prior to the Internet exploding onto the scene, selling or buying real estate could be a major time killer. One typically signed on with a real estate agent to get listed in the multiple listing services. If you wanted to find a buyer, you needed to be in the listing and have open houses and so on.
Many buyers, however, now look to Internet listing sites to develop a list of homes they are interested in. These sites typically contain detailed information on the homes as well as numerous pictures. Put another way, the buyer no
longer has to spend entire weekends looking at homes that simply don’t interest him or her. The buyer can now do all of the initial work online. If they decide to come see your property, they are already pretty serious about making an offer and typically just want to make sure the pictures and information are accurate.
For many sellers, the power of the Internet makes real estate agents an unnecessary expense. Why pay six percent of the sales price as a commission when buyers are coming from online listings of the site? As a seller, you can create these listings online and expect to pay twenty five dollars or so a month to keep your listing up. With this being the case, why would you pay a commission to an agent?
If your goal is to sell a home for free, without a real estate commission, the Internet is your best option. Real estate transactions are very straightforward and you can pick up all the forms you’ll need at the local book store.
About the Author: Raynor James is with the FSBO site - http://www.fsboamerica.org - FSBO homes for sale by owner. Visit our "sell my home" page - http://www.fsboamerica.org/seller.cfm - to sell your house yourself with a free 1 month listing.
Source: www.isnare.com
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