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Selling your home? With
the potential rewards that can be gained -- saving $ 4000, $ 8,000, $
12,000 or more (minus your expenses) by not having to pay a Brokerage
commission, many people wonder why less than 20% of home sellers undertake
the task of selling their houses on their own. Possibly it has something
to do with expertise. Many home owners who consider a self sale of their
house back off when they see the level of knowledge and commitment that
is needed to do an effective job.
For Sale By Owner Homes?
If you decide not to contract Realtor services, we can still help you with your For Sale By Owner home. As CT, FL, MA and RI mortgage brokers, we have relations with many people looking to buy homes. It is in our interest to find them houses that meet their needs. Because we will earn our fees from the lending institutions, the home owner and the home buyer can benefit from our connection. Also, because we are also Realtors, we often have relations with home buyers as their Buyer's Agent. We can also help you set up open houses and showings, and post your home on the internet. Our goal here would be to gain access to the home buyers attending the showings to recruit mortgage clients. Selling real estate "for sale by owner" can be complex. We can help. Contact us today!
If you decide that selling your home your self is the best option, you will find the information
on this Web Site to be of value. Most of what you will find here will
be geared to monitoring the job that
your Agent is doing, but it will never the less prove of immense value. The most successful home sellers are those who take
an active role in the process, whether it is as a sale by owner or a
sale
by an Agent.
If you elect to sell your home yourself, then information is crucial. Call us for a free consultation on how we can help you sell your own home! An excellent source of additional information is
Steve
Berges'
newly revised For
Sale By Owner. Steve details how to get the most out of your sales effort. This is a useful book for those using Realtors as well as
for those selling on their own. |
Photo Copyright © 2005 Paul Silver Photography
For FREE sample contracts and templates, real estate finance tools, tons of articles about real estate, and bunches of tips... register now!
Selling your house without an agent? Visit For Sale By Owner - RI for some great help!
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Real Estate For
Sale by Owner
Advantages
Of Selling A House On Your Own
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There
is no Real Estate Brokerage Commission paid. You receive all of the
Cash from the sale less your marketing costs. This is the biggest
benefit of selling your own house.
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You are in total control of the transaction, whether for good or ill.
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If mistakes are made, they are your own. No one else will make mistakes for you.
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You are always available at the home for showings, answering inquiries, etc.
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Disadvantages
Of Selling Your Home On Your Own
- You must rely
on your own knowledge and intuition.
- All marketing
and advertising costs are paid by you. This can be expensive.
We offer listing and marketing services for sellers working on their
own. For more information, contact us.
- Unless you
pay to have your home listing included you will not have access to the
MLS, the Multiple Listing Service, in your area. You must find buyers your self.
- Without all
the tools, you may under price or overprice the house. Knowing
how much your home is worth is the first step in marketing the property.
- If you are
not skilled in negotiation, you may not get what you could have for the sale price.
- The
paperwork, legal forms, etc. are your responsibility and must be
handled by you.
- Your free time will be
somewhat or severely limited during the time you have the house on the market.
- Buyers
often believe that if you not paying a commission, they, the buyers, should get the savings.
- In
negotiations you must relinquish emotional ties with your house. If you don't you
be at a disadvantage.
- You must be
knowledgeable of legal and financial issues to be effective.
Hints
For Selling Your Home "By Owner"
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Don't
short change your house preparation effort. You will be competing
with houses listed by Agents who coach sellers about preparing their homes for sale, based on experience.
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Be
aware of legal requirements regarding disclosures in your area. Not
disclosing necessary information or not using the correct form could
result in legal action by a buyer.
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Get good at advertising and marketing for sale by owner homes. Make your house stand out above the crowd.
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Get maximum exposure. We
offer a complete menu of services if you want to sell your home on your
own. Packages available range from a comprehensive marketing plan up to
a complete deluxe package that will market your property until it is
sold and keep your home on the MLS and Realtor.com for up to 6 months.
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Be aware of equal housing opportunity laws. Discrimination limits your potential market and is illegal with fines up to or beyond $ 10,000.
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See how easy it is to sell your home FSBO with Affordable and Effective Advertising services from 10Realty.com. Sell your Home, Condo, Land, Lake Property or Commercial property in all 50 States.
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