Actually, Drew is incorrect. Most foreclosed homes are listed by Realtors and are on the MLS, including HUD repos, Fannie-Mae repos and most banks. That's because they know Realtors have buyers, which is what you are looking for.
However, if you choose to go it alone, do get a few Realtors to give you a Comparative Market Analysis. they will do it for free and it's important that you know what range your home should sell in so you can price it correctly. Correct price is very important.
Then check with your Dept. of Real Estate for a list of disclosures and forms that will be required when you sell. Most, if not all, states require some sort of Property Condition Disclosure and other paperwork that is required by law, regardless of whether you use a Realtor or not.
Advertise and keep track of where the calls and interest is coming from so you don't spend money on advertising that isn't working (a pennysaver ad for instance).
When you get an offer, don't feel rushed by the buyer and if they have an agent they want to use, don't feel put off. Some buyers aren't as comfortable as you with the process. Whatever fee the Realtor wants can be added to the purchase price or paid by the buyer directly so your bottom line doesn't have to change. Please don't take it as an insult and hopefully the Realtor will understand. If the offer seems confusing or too complicated, a local Real Esate Broker can probably go over it with you as a consultant for a small fee. $100 or whatever. Have them explain the jargan or help you make a counter offer that includes what you want to happen. If you're in an attorney state, your attorney can explain it and the contract will be dependent on the attorney approving it anyway.
Most importantly ~ when you have a buyer or an offer ~ PUT EVERYTHING IN WRITING... EVERYTHING. Don't feel like ';he's a nice guy I'm sure he means it... etc.'; Real Estate contracts must be in writing and every detail, no matter how small should be spelled out in black and white (or blue ink) and signed by everyone (husbands AND wives) A good real estate purchase contract covers alot of things you think might never come up, but they do. And the time to negoitate them is at the start, not when you're trying to close.
Good LuckWhat do i need to know to put my house up ';for sale by owner';? i dont want to use a realtor.?
Well, you need to know the fair price of the house, over or undervaluation can hurt your house.
Also, you can avoide capital gain tax by filing 1030 and you should have an agent for doing that.What do i need to know to put my house up ';for sale by owner';? i dont want to use a realtor.?
What you need to know is why you need a realtor.
For sale by owner is going the make the Realtors cry, but hay they cut there own throat.
They made a bubble by doing what you want to do that that is short the market by not getting it on the MLS.
Don't worry the realtors have been doing this big time by hiding ie shorting the market and driving up prices to make this bubble. Have the realtors all listed, nope they show what they or there broker have for sale, are new homes on the MLS? nope are foreclosure on the MLS? nope. what about government homes?nope. what about all the scam small brokers that held back there listing yet advertise them as exclusive listing? there were not on the MLS also.
Hey holding back on listing is now so much money going out in commissions.That poeple like you are now shorting the realtors. may they get all they deserve as the bubble breaks.
http://www.breakingbubble.com/index.htm
Sunday, August 22, 2010
Apart from craigslist - how do I find used cars for sale by owner? All I see are dealer ads - help!?
I'm looking for a car that's not salvaged title - that's not listed by dealer. Do people not own their cars anymore? Why are all ads on craigslist, sjmercury, autotrader, etc. etc. by dealers almost exclusively? I live in the SFO bay area and would much appreciate advice on how to buy a ';FSBO'; for sale by owner second hand car.Apart from craigslist - how do I find used cars for sale by owner? All I see are dealer ads - help!?
fivewaters,
I am hear you on this issue. I totally understand. I can recommend 10 different car buying websites but 95% of the listing will be from car dealers. I would highly recommend a Paper called ';Trading Times'; which very few people know about it. This paper contains list of cars from private parties only. The paper is available at any Seven Eleven store or local public library. Wish you best of luck.Apart from craigslist - how do I find used cars for sale by owner? All I see are dealer ads - help!?
I have a 2001 Toyota Corolla Sport for Sale, but I am in the Sacramento area. It is listed at pennysaverusa.com. For more info e-mail me at mypipewrench@sbcglobal.net
Look here:
http://www.motors.ebay.com/
autotrader.com recycler.com
Most car websites have used car listing where you can find both dealer and private listings.
We suggest the following site which you can see all private listings by following the steps:
1. Select a vechile %26amp; your zip code
2. Select ';Seller'; from the ';Sort by'; box located at the upper right hand corner
3. You will find all private listings in your area. You can even choose to compare multiple vehicle side-by-side.
Link:
http://www.tkqlhce.com/click-1704719-568鈥?/a>
fivewaters,
I am hear you on this issue. I totally understand. I can recommend 10 different car buying websites but 95% of the listing will be from car dealers. I would highly recommend a Paper called ';Trading Times'; which very few people know about it. This paper contains list of cars from private parties only. The paper is available at any Seven Eleven store or local public library. Wish you best of luck.Apart from craigslist - how do I find used cars for sale by owner? All I see are dealer ads - help!?
I have a 2001 Toyota Corolla Sport for Sale, but I am in the Sacramento area. It is listed at pennysaverusa.com. For more info e-mail me at mypipewrench@sbcglobal.net
Report Abuse
Look here:
http://www.motors.ebay.com/
autotrader.com recycler.com
Most car websites have used car listing where you can find both dealer and private listings.
We suggest the following site which you can see all private listings by following the steps:
1. Select a vechile %26amp; your zip code
2. Select ';Seller'; from the ';Sort by'; box located at the upper right hand corner
3. You will find all private listings in your area. You can even choose to compare multiple vehicle side-by-side.
Link:
http://www.tkqlhce.com/click-1704719-568鈥?/a>
House for sale by owner websites question !?
i need to sell my house asap. not through real estate though.
do you know any really good websites i can post my house on, that isnt so expensive?
anymore advice you can give would be highly appreciated :)House for sale by owner websites question !?
I don't want to sound rude, but if you do not even know how to advertise your house, how will you do all the official paperwork involved in selling real estate? Do you know all the disclosures you must provide? Do you know how to respond to an offer (how to make a counter offer?) What legal forms to use? Everything must be in writing, when selling real estate...
It's not that simple to sell a house yourself, and also it's not that simple to do the paperwork.
Unless you know all this, get a Realtor, or get yourself in a huge mess.House for sale by owner websites question !?
I'll add one more point to the excellent points posted by others. When you advertise ';For Sale by Owner';, the first thing out of the mouths of the buyer will be ';Of course you will knock off the brokerage fee, since you're not paying one.'; And then they will proceed to hack 6% off the price they intend to offer to you.
Buyers want that commission savings in their pockets just as much as YOU do.
Realtor is right...if you have to ask a question like that, then you really shouldn't be selling the house on your own.
If you go cheap, you are going to get screwed.
Craigslist or Pennysaver on-line ads are free.
If your truly in a rush to sell. You might try AUCTIONING your property. Auctioners usually charge the buyer an additional 5% of the purchase price and little cost to the seller. Usually seller needs to advertise or prehaps do it yourself.
Good Luck
Lauren if you had to file a law suit against someone,wouldn't you use someone with the expertise to help you and make sure all the proper documents were handled correctly? If you had a toothache wouldn't you see a dentist? ???? Need I say more. I know it cost money to sell using a Realtor, but they know your market, they have the expertise to handle the entire transaction for you. You can post on Craig's list, you can post on Zillow.com and Forsalebyowner.com all you want. But I myself - a Realtor tested all of them with my own house, and only received two offers, One from Hungry, they wanted me to tell them my bank account number so they could wire me the money without seeing the house. The other was from somewhere else, and said their attorney would contact me for my ban account numbers.... So you are in much safer hands with a Realtor and let's face it, how do most buyers buy homes? Through FSBO's? I think not.
If you ask for good advise, I hope you'll take it.
First do an e-flyer on http://www.Postlets.com
Then post it on the following sites.
1. http://www.Zillow.com
2. http://www.BackPage.com
3. http://advertising.superpages,com
4. http://expo.live.com
5. http://www.craigslist.com
6. http://www.kijiji.com
7. http://www.classifiedads.com/real_estate
8. http://www.google.com/local/add
9. http://listings.local.yahoo.com/csubmit/
10. http://www.yellowpages.com
11. http://www.Zadzoo.com
12. http://www.LiveDeal.com
Terry S.
http://www.Welcome2Arizona.com
do you know any really good websites i can post my house on, that isnt so expensive?
anymore advice you can give would be highly appreciated :)House for sale by owner websites question !?
I don't want to sound rude, but if you do not even know how to advertise your house, how will you do all the official paperwork involved in selling real estate? Do you know all the disclosures you must provide? Do you know how to respond to an offer (how to make a counter offer?) What legal forms to use? Everything must be in writing, when selling real estate...
It's not that simple to sell a house yourself, and also it's not that simple to do the paperwork.
Unless you know all this, get a Realtor, or get yourself in a huge mess.House for sale by owner websites question !?
I'll add one more point to the excellent points posted by others. When you advertise ';For Sale by Owner';, the first thing out of the mouths of the buyer will be ';Of course you will knock off the brokerage fee, since you're not paying one.'; And then they will proceed to hack 6% off the price they intend to offer to you.
Buyers want that commission savings in their pockets just as much as YOU do.
Realtor is right...if you have to ask a question like that, then you really shouldn't be selling the house on your own.
If you go cheap, you are going to get screwed.
Craigslist or Pennysaver on-line ads are free.
If your truly in a rush to sell. You might try AUCTIONING your property. Auctioners usually charge the buyer an additional 5% of the purchase price and little cost to the seller. Usually seller needs to advertise or prehaps do it yourself.
Good Luck
Lauren if you had to file a law suit against someone,wouldn't you use someone with the expertise to help you and make sure all the proper documents were handled correctly? If you had a toothache wouldn't you see a dentist? ???? Need I say more. I know it cost money to sell using a Realtor, but they know your market, they have the expertise to handle the entire transaction for you. You can post on Craig's list, you can post on Zillow.com and Forsalebyowner.com all you want. But I myself - a Realtor tested all of them with my own house, and only received two offers, One from Hungry, they wanted me to tell them my bank account number so they could wire me the money without seeing the house. The other was from somewhere else, and said their attorney would contact me for my ban account numbers.... So you are in much safer hands with a Realtor and let's face it, how do most buyers buy homes? Through FSBO's? I think not.
If you ask for good advise, I hope you'll take it.
First do an e-flyer on http://www.Postlets.com
Then post it on the following sites.
1. http://www.Zillow.com
2. http://www.BackPage.com
3. http://advertising.superpages,com
4. http://expo.live.com
5. http://www.craigslist.com
6. http://www.kijiji.com
7. http://www.classifiedads.com/real_estate
8. http://www.google.com/local/add
9. http://listings.local.yahoo.com/csubmit/
10. http://www.yellowpages.com
11. http://www.Zadzoo.com
12. http://www.LiveDeal.com
Terry S.
http://www.Welcome2Arizona.com
How do i find free online listings or database of companies for sale by owner, under $5 MM purchase price?
You will likely need to consult a business broker. However, if you are determined to buy without any broker, try the business opportunities section of your local newspaper.
Need home house for sale Jakarta selatan Indonesia, property for sale by owner ?
do you ever know about http://rumahidol.com
For sale by Owner Website?
What are the websites that I can search for cars selling by Privates and not dealers? I'm in Oklahoma.
Thanks.For sale by Owner Website?
www.autotrader.com has both listing for private sellers and dealers and in the information displayed about the vehicle it tells whether it is a private seller of dealer. you can screen the ones that interest you that way. eBay has plenty of private sellers.eye make up pores
Thanks.For sale by Owner Website?
www.autotrader.com has both listing for private sellers and dealers and in the information displayed about the vehicle it tells whether it is a private seller of dealer. you can screen the ones that interest you that way. eBay has plenty of private sellers.
Do you have to be a realtor to list on postlets.com? Or can you put homes for sale by owner?
no. I use postlets to create my for rent listings. There are national ';for sale by owner'; or fsbo companies - they sell yard signs through the big box hardware stores. Also, look locally for any ';fsbo'; web sites - there are often local sites to facilitate this, for a fee of course. Craigslist is is free, but may not have as many eyes as a promoted local site.Do you have to be a realtor to list on postlets.com? Or can you put homes for sale by owner?
You can use Postlets, they are a great site to use!
You can use Postlets, they are a great site to use!
Whats the best way to list house for sale by owner on mls?
Most MLS's won't let you as a seller/owner list a house on MLS directly. You'll have to find a discount real estate broker who has licensed access to the MLS to do it for you. They will charge you a flat fee or a lower commission % than your typical full-scale agent.Whats the best way to list house for sale by owner on mls?
Use a service that will help you. Honestly, you make more money for what it's worth when you go through a realtor! Other wise use a service like ';Assist to sell'; or call your local MLS and they can set you up in a program. Without being in the MLS you wont sell all that fast (IMO)
Use a service that will help you. Honestly, you make more money for what it's worth when you go through a realtor! Other wise use a service like ';Assist to sell'; or call your local MLS and they can set you up in a program. Without being in the MLS you wont sell all that fast (IMO)
What is the best site to find ''For Sale By Owner'' homes in Austin Tx. ?
Type FSBO and Austin into google.
The newspapers are still a good source of leads....
The newspapers are still a good source of leads....
Can we list our For Sale By Owner house in Yahoo! classified real estate section?
Is the fee still $49.95? Are there other INEXPENSIVE ways to get listed on the MLS as a FSBO client?Can we list our For Sale By Owner house in Yahoo! classified real estate section?
As a FSBO seller, there really aren't any ways to inexpensively list a home on the MLS (the cheapest is several hundred dollars). The reason is, that there are many regulations surrounding the hundreds of MLS' that are in operation throughout the U.S., and in order to post a listing to an MLS the person submitting must be a licensed broker/agent and a participating member of that area's MLS.
You can post your FSBO on Yahoo! Real Estate for $49.95 and I've talked to several people who have had good experiences. You can submit your listing here: http://realestate.yahoo.com/Sell_your_ho鈥?/a>Can we list our For Sale By Owner house in Yahoo! classified real estate section?
You can also advertise your home on HomeQuickFinder.com. It's completely free but it's not as good as putting it on the MLS. Like the guy said before me, you can list your house on the MLS but it's a few hundred dollars and it's not available in all areas. Search for ';Flat Fee MLS'; on Google and that might help.
Good luck!
As a FSBO seller, there really aren't any ways to inexpensively list a home on the MLS (the cheapest is several hundred dollars). The reason is, that there are many regulations surrounding the hundreds of MLS' that are in operation throughout the U.S., and in order to post a listing to an MLS the person submitting must be a licensed broker/agent and a participating member of that area's MLS.
You can post your FSBO on Yahoo! Real Estate for $49.95 and I've talked to several people who have had good experiences. You can submit your listing here: http://realestate.yahoo.com/Sell_your_ho鈥?/a>Can we list our For Sale By Owner house in Yahoo! classified real estate section?
You can also advertise your home on HomeQuickFinder.com. It's completely free but it's not as good as putting it on the MLS. Like the guy said before me, you can list your house on the MLS but it's a few hundred dollars and it's not available in all areas. Search for ';Flat Fee MLS'; on Google and that might help.
Good luck!
Looking for a car for sale by owner?
That is probably the best way to go...
Buying a car from someone other than the owner could get you into a lot of trouble.
If you are looking for a way to find the car you want to purchase... I would recommend looking in the classified ads of your local paper.Looking for a car for sale by owner?
What kind of car?Looking for a car for sale by owner?
see your local newspaper classified ads
if this is a question directed at me the answer is no.
Buying a car from someone other than the owner could get you into a lot of trouble.
If you are looking for a way to find the car you want to purchase... I would recommend looking in the classified ads of your local paper.Looking for a car for sale by owner?
What kind of car?Looking for a car for sale by owner?
see your local newspaper classified ads
if this is a question directed at me the answer is no.
Im buying a truck for sale by owner?
The guy has a clear title, can I just go to his property and give him the cash and take the truck..... Then go to a notary by myself..... or does he have to go with me? He said he has a clean title and If I brought the money he will let me take it todayIm buying a truck for sale by owner?
get something in writing on how much you payed for the truck and before you buy the truck get someone to run a check on the title. you don't wanna buy someones problemIm buying a truck for sale by owner?
I recently went to look at a tundra. I crawled underneath looking around and found the frame was bent, rusty and repainted in the front and the rear. I kept quiet when I got out from underneath and made small talk. Turns out the guy worked at a body shop and he was trying to sell me a wreck that he ';fixed'; up. Be careful!
You need a bill of sale and the title signed on the back.
Ask for any records or paperwork for repairs he might have.
Some things may have lifetime warranty's.
My state and those near me do not require notary's.
If your state does, both of you would need to sign in their presence.
If you want the truck but cant find a notary today, withhold $100 of the payment until such time in the next few days that both of you can get to one so you can get what you need.
If you indeed need one.
In most states, a signed title and bill of sale is all you need.
If i were you, just to be safe, ask to take it on a LONG test drive just to make sure you are sure. Once you pay for it, its yours.
most states yes all you need is money
i have not had to have a car tittle notarize in 20 yrs
all you need is for him to sign in under sellers name you sign it under buyers name and go to dmv
If your state requires a notarized title (not all states do), he must sign the title in the presence of the notary and present proper identification. You may be able to find a notary on Sunday. Most real estate agencies have several.eye make up pores
get something in writing on how much you payed for the truck and before you buy the truck get someone to run a check on the title. you don't wanna buy someones problemIm buying a truck for sale by owner?
I recently went to look at a tundra. I crawled underneath looking around and found the frame was bent, rusty and repainted in the front and the rear. I kept quiet when I got out from underneath and made small talk. Turns out the guy worked at a body shop and he was trying to sell me a wreck that he ';fixed'; up. Be careful!
You need a bill of sale and the title signed on the back.
Ask for any records or paperwork for repairs he might have.
Some things may have lifetime warranty's.
My state and those near me do not require notary's.
If your state does, both of you would need to sign in their presence.
If you want the truck but cant find a notary today, withhold $100 of the payment until such time in the next few days that both of you can get to one so you can get what you need.
If you indeed need one.
In most states, a signed title and bill of sale is all you need.
If i were you, just to be safe, ask to take it on a LONG test drive just to make sure you are sure. Once you pay for it, its yours.
most states yes all you need is money
i have not had to have a car tittle notarize in 20 yrs
all you need is for him to sign in under sellers name you sign it under buyers name and go to dmv
If your state requires a notarized title (not all states do), he must sign the title in the presence of the notary and present proper identification. You may be able to find a notary on Sunday. Most real estate agencies have several.
List homes for sale by owner with America's Ch0ice-East Amherst, N.Y.?
home for sake on San Fernando Dr in East Amherst. N.Y.List homes for sale by owner with America's Ch0ice-East Amherst, N.Y.?
This question has gone six days without an answer. Since you are a Yahoo user, why not try:
http://realestate.yahoo.com/
You can also try Craigslist at:
http://www.craigslist.org/about/cities.h鈥?/a>
Good luck with your search.
This question has gone six days without an answer. Since you are a Yahoo user, why not try:
http://realestate.yahoo.com/
You can also try Craigslist at:
http://www.craigslist.org/about/cities.h鈥?/a>
Good luck with your search.
Looking for rumah dijual / for sale by owner Jakarta Bandung Surabaya Indonesia ?
do you know about http://propertyrumah.com or anotherLooking for rumah dijual / for sale by owner Jakarta Bandung Surabaya Indonesia ?
NoLooking for rumah dijual / for sale by owner Jakarta Bandung Surabaya Indonesia ?
Maybe http://propertyrumah.com is an option
NoLooking for rumah dijual / for sale by owner Jakarta Bandung Surabaya Indonesia ?
Maybe http://propertyrumah.com is an option
Hi, does anyone know a good site for foreclosed/for sale by owner homes? especially in Northern VA. Thanks.?
Trying to find a good site for going through foreclosure/auction/for sale by owner home listings, especially in Northern VA.Hi, does anyone know a good site for foreclosed/for sale by owner homes? especially in Northern VA. Thanks.?
realtor.com for foreclosures. All foreclosures are handled by Realtors.
Zillow for for sale by owner. I hope you know what you're getting yourself into buying without using a professional.
realtor.com for foreclosures. All foreclosures are handled by Realtors.
Zillow for for sale by owner. I hope you know what you're getting yourself into buying without using a professional.
About how many ';for sale by owner'; are posted daily in the state of California??
for sale by owner= fsbo, I just need a round figure of daily fsbo's being placed and from there on i can calculate weekly, monthly, and yearly numbers....About how many ';for sale by owner'; are posted daily in the state of California??
about 200 a day
about 200 a day
For Sale By Owner- please help!?
We are selling our Mom's home on our own as she passed away. We have an offer that is possible, but our attorney is away this week to consult- The prospective buyer has asked us not to show the house to anyone and have a handshake contract now and he wants to go in the house and start drawing plans to expand the home but he has ignored our request to make a deposit on the house- I do not think it is appropriate to let him do this without anything signed. And I do not think that the house showing should be stopped for a 1000.,00 deposit- Our atty said he should put up 10 percent. Any ideas on this deal? Thanks.For Sale By Owner- please help!?
Condolences on losing your Mom.
if the attorney said 10% do not settle for less...and absolutely do not allow anyone permission to go into the house on the pretense of drawing up plans.
a week, a mere 7 days, is not going to make a whole lot of difference. the prospective buyer can wait that long. if not, then they weren't serious to begin with.
do not allow this person to keep you from showing the house as they have not fulfilled the monetary requirement for purchase of the home.
i think you already know all of this, but are being pressured by this person and just need a little reassurance that you are doing the right thing. YES - absolutely you are!For Sale By Owner- please help!?
dont do anything or let him do anything without your attorney present and a written contract, if you do you will be sorry
YOU'RE the seller, it's YOUR house, YOU decide.
If this potential buyer was really serious, then he would have no objections putting a cash down. I agree with whiskeyman510 that 10% might be too much. Maybe the buyer is a bit put off by that. Try a round number like $500 or $1000 depending on the value of the house. This buyer is only looking out for his own interest. On the other hand he might be taking advantage of your emotions towards the situation. By not showing the house to someone else you might pass up potential buyer who are willing to pay more for your house.
I think you will want peace of mind knowing you sold your mother's house to someone who deserves it and will be happy living in it. Continue advertising the house until you have a SERIOUS buyer who is willing to buy YOUR house on YOUR terms!
My condolences to you and your family. Good luck!
Rose
Just tell him bluntly, no down payment as to what I want, no deal for you to go inside the house and do your planning.
No way. Handshake agreements, while very noble in concept, usually end in trouble. Do not take the house off the market or do anything until you get a signed offer and an escrow check in your possession.
If you knew this person well that might be different, but if they are a stranger, then absolutely not.
If they won't give you a deposit that's a huge red flag. I would give them 24 hours to present you with a contract and escrow check or move on completely.
Under no circumstances give them access to your house other than through set real estate channels. If they want to sketch the house, tell them to have their agent make an appointment and do it then, or get a copy of the last survey either from your records or the city.
If it looks fishy and smells fishy, it's fishy.
Typically they would put $1000 or more into an escrow account that you keep in case of default. 10% seems steep as an initial deposit, unless you are doing the financing for them. Assuming that's not the case, they would pony up the entire purchase amount, plus closing costs, less the escrow deposit at the official closing, which is usually within 30 days of receiving and agreeing on a contract.
Absolutely not - if this guy was legitimate, he'd be putting up the money for a deposit - earnest money. Once you let him in, it could take court to get him out. He could swear on all types of verbal agreements and draw it out. Some people seek out grieving families. Be insistant that you wait on the attorney and no one takes possession until the sale is complete. Be careful - and wait for your attorney.
Listen to your attorney! It is not Wise to let them in the home without the seller or the Realtor present. What happens if something is damaged while they are there? What happens if they slip and fall?
Your attorney has your best interests at heart, listen to him/her!
Trust your gut. Until he puts down the deposit you want, do not let him in the house, and do not stop showing the house.
It's your house - you're in control. Don't let a potential buyer push you around.
Do NOTHING on a handshake! Nothing! If you let him in and he hurts himself, he can sue you... He can also start making repairs, not finish them and you're stuck with the mess he made. I have also heard of people doing this and then a couple of days later, they are robbed. Do not let him in without signed documents! If he is serious, then he should give you a signed offer to purchase, complete with conditions such as the following:
- conditional upon financial acceptance
- conditional upon inspection
It is up to you to make the conditions. If you are unable to reach your lawyer, contact a notary public, who will give you the lowdown. You can also consult the website bytheowner.com, which will give you some more info.
Careful... and Good luck! Sorry about your mom... I lost mine too just a few short months ago...
I think he should at least make a good faith escrow payment . I would not let him in to do anything untill he gives you some money .I would most definately tell him that if he wants to do the exspansion thing then he will have to make a good faith payment .
Verbal contracts are recognized in court for everything EXCEPT real estate contracts. If you don't have it in writing, you don't have it at all as far as the law is concerned. If your lawyer doesn't have time to handle this sale, you should either hire a Realtor or another attorney. Many Realtors will handle contracts between buyers and sellers for a flat fee if you have already found the buyer.
You can show your house to anyone you want any time you want. Once you do have a written contract, you can still show the house (20% of real estate deals never close), but you should tell the prospects there is a contract on the house and that if they were to make an offer, it would be a back up contract that would only be effective if the first contact failed to close.
Good Luck!, Sorry for your loss :(
Condolences on losing your Mom.
if the attorney said 10% do not settle for less...and absolutely do not allow anyone permission to go into the house on the pretense of drawing up plans.
a week, a mere 7 days, is not going to make a whole lot of difference. the prospective buyer can wait that long. if not, then they weren't serious to begin with.
do not allow this person to keep you from showing the house as they have not fulfilled the monetary requirement for purchase of the home.
i think you already know all of this, but are being pressured by this person and just need a little reassurance that you are doing the right thing. YES - absolutely you are!For Sale By Owner- please help!?
dont do anything or let him do anything without your attorney present and a written contract, if you do you will be sorry
YOU'RE the seller, it's YOUR house, YOU decide.
If this potential buyer was really serious, then he would have no objections putting a cash down. I agree with whiskeyman510 that 10% might be too much. Maybe the buyer is a bit put off by that. Try a round number like $500 or $1000 depending on the value of the house. This buyer is only looking out for his own interest. On the other hand he might be taking advantage of your emotions towards the situation. By not showing the house to someone else you might pass up potential buyer who are willing to pay more for your house.
I think you will want peace of mind knowing you sold your mother's house to someone who deserves it and will be happy living in it. Continue advertising the house until you have a SERIOUS buyer who is willing to buy YOUR house on YOUR terms!
My condolences to you and your family. Good luck!
Rose
Just tell him bluntly, no down payment as to what I want, no deal for you to go inside the house and do your planning.
No way. Handshake agreements, while very noble in concept, usually end in trouble. Do not take the house off the market or do anything until you get a signed offer and an escrow check in your possession.
If you knew this person well that might be different, but if they are a stranger, then absolutely not.
If they won't give you a deposit that's a huge red flag. I would give them 24 hours to present you with a contract and escrow check or move on completely.
Under no circumstances give them access to your house other than through set real estate channels. If they want to sketch the house, tell them to have their agent make an appointment and do it then, or get a copy of the last survey either from your records or the city.
If it looks fishy and smells fishy, it's fishy.
Typically they would put $1000 or more into an escrow account that you keep in case of default. 10% seems steep as an initial deposit, unless you are doing the financing for them. Assuming that's not the case, they would pony up the entire purchase amount, plus closing costs, less the escrow deposit at the official closing, which is usually within 30 days of receiving and agreeing on a contract.
Absolutely not - if this guy was legitimate, he'd be putting up the money for a deposit - earnest money. Once you let him in, it could take court to get him out. He could swear on all types of verbal agreements and draw it out. Some people seek out grieving families. Be insistant that you wait on the attorney and no one takes possession until the sale is complete. Be careful - and wait for your attorney.
Listen to your attorney! It is not Wise to let them in the home without the seller or the Realtor present. What happens if something is damaged while they are there? What happens if they slip and fall?
Your attorney has your best interests at heart, listen to him/her!
Trust your gut. Until he puts down the deposit you want, do not let him in the house, and do not stop showing the house.
It's your house - you're in control. Don't let a potential buyer push you around.
Do NOTHING on a handshake! Nothing! If you let him in and he hurts himself, he can sue you... He can also start making repairs, not finish them and you're stuck with the mess he made. I have also heard of people doing this and then a couple of days later, they are robbed. Do not let him in without signed documents! If he is serious, then he should give you a signed offer to purchase, complete with conditions such as the following:
- conditional upon financial acceptance
- conditional upon inspection
It is up to you to make the conditions. If you are unable to reach your lawyer, contact a notary public, who will give you the lowdown. You can also consult the website bytheowner.com, which will give you some more info.
Careful... and Good luck! Sorry about your mom... I lost mine too just a few short months ago...
I think he should at least make a good faith escrow payment . I would not let him in to do anything untill he gives you some money .I would most definately tell him that if he wants to do the exspansion thing then he will have to make a good faith payment .
Verbal contracts are recognized in court for everything EXCEPT real estate contracts. If you don't have it in writing, you don't have it at all as far as the law is concerned. If your lawyer doesn't have time to handle this sale, you should either hire a Realtor or another attorney. Many Realtors will handle contracts between buyers and sellers for a flat fee if you have already found the buyer.
You can show your house to anyone you want any time you want. Once you do have a written contract, you can still show the house (20% of real estate deals never close), but you should tell the prospects there is a contract on the house and that if they were to make an offer, it would be a back up contract that would only be effective if the first contact failed to close.
Good Luck!, Sorry for your loss :(
What is the best way to solicitt to 'for sale by owners' to do an assignment?
I am breaking into the real estate investment game and I want to know how to first approach FSBO's without sounding incompetent. Also I want to network with professionals in the field but as I hear they will often ask what do I bring to the table. Being that I don't have much to bring but a Finance degree, I was wondering does anyone have any ideas on how to become polished?What is the best way to solicitt to 'for sale by owners' to do an assignment?
Try networking at your local Chamber of Commerce. They often have networking breakfasts or lunches.
RE: FSBO's - Do you want to purchase these homes? Ask for information like #bed #bath sqft etc. Just think what you care about in your own home. Recent updates to major appliances, carpet, roof, heat/air, etc. Any title problems, foreclosure, bankruptcy, etc. (Owner's sometimes get sticky regarding their personal finances, and might not appreciate too much inquiry.)
Try calling a mortgage company to find out what you would need to buy the house. Do you want an interest only loan, are you going to need an appraisal, survey, flood insurance, pre-payment penalties, etc. If you plan on flipping houses and need financing, a good loan officer will take time to help with most questions.eye make up pores
Try networking at your local Chamber of Commerce. They often have networking breakfasts or lunches.
RE: FSBO's - Do you want to purchase these homes? Ask for information like #bed #bath sqft etc. Just think what you care about in your own home. Recent updates to major appliances, carpet, roof, heat/air, etc. Any title problems, foreclosure, bankruptcy, etc. (Owner's sometimes get sticky regarding their personal finances, and might not appreciate too much inquiry.)
Try calling a mortgage company to find out what you would need to buy the house. Do you want an interest only loan, are you going to need an appraisal, survey, flood insurance, pre-payment penalties, etc. If you plan on flipping houses and need financing, a good loan officer will take time to help with most questions.
Does anyone have info on ';What web-site I can go to: to get proper info on ';Land For Sale By Owner in Alabama?
Preferbably in Phenix City/Russell County.Does anyone have info on ';What web-site I can go to: to get proper info on ';Land For Sale By Owner in Alabama?
Hello,
When you say '; Proper Info'; do you want to find out the Tax Status, and Title Information of the Land? If so, you can call a local title company in the County the land is located in, ask for customer service, and give them the Assessors Parcel or Id number, and they can give you info like Open TD's / Mortgages, Liens, and Current Tax Status. Or ask them for a property profile. You may need to get a relationship with the Title Officer, to have them get you one.
I found one land for sale listing here:
http://land-fsbo.com/search.cfm?State=Alabama
And here are some of the Assessors offices that you can start with. http://land-fsbo.com/assessors.cfm
Assessor Records
Russell County Revenue Commissioner
Phenix City, AL 36867
Phone (334)298-6661 Fax (334)448-4705
Hope this helps, email me if you have any other specific questionsDoes anyone have info on ';What web-site I can go to: to get proper info on ';Land For Sale By Owner in Alabama?
www.fsbo.com. I think it has links to some others. Craigslist ofteb has these. Yahoo real estate.
Hello,
When you say '; Proper Info'; do you want to find out the Tax Status, and Title Information of the Land? If so, you can call a local title company in the County the land is located in, ask for customer service, and give them the Assessors Parcel or Id number, and they can give you info like Open TD's / Mortgages, Liens, and Current Tax Status. Or ask them for a property profile. You may need to get a relationship with the Title Officer, to have them get you one.
I found one land for sale listing here:
http://land-fsbo.com/search.cfm?State=Alabama
And here are some of the Assessors offices that you can start with. http://land-fsbo.com/assessors.cfm
Assessor Records
Russell County Revenue Commissioner
Phenix City, AL 36867
Phone (334)298-6661 Fax (334)448-4705
Hope this helps, email me if you have any other specific questionsDoes anyone have info on ';What web-site I can go to: to get proper info on ';Land For Sale By Owner in Alabama?
www.fsbo.com. I think it has links to some others. Craigslist ofteb has these. Yahoo real estate.
How can i put my house for sale by owner on the MLS?
well i had this problem before, i did some research about it because that time (one year ago) i had to sell my house in ft lauderdale because i got promoted at work and need to transfer to anaheim i had to sell my house without paying commissions like the conventional 7% above for a realtor, i found this MLS (multiple listing service) through this website: http://sureflatfeemls.com it has all the information i needed to sell my house, i found out that i can list my house for sale by owner on the local MLS and have to only pay a one-time ';flat fee'; (around $250-$350 depending on the area). So for me to get listed i still looked around the net and found similar websites but sureflatfeemls.com had the lowest price for my home's area and county, thus i decided to get their services, they have great support and courteous listing agents. they also provided me addtional services and exposure through advertisements, luckily with their help i sold my house in less than 4months. :) hope that helps dude!How can i put my house for sale by owner on the MLS?
Go to http://www.HELPMESELL.com. List your home and upload photos. You'll get a free 21 day yahoo! real estate classified ad AND depending on the state your property is located in you can list on MLS and Realtor.com for 12 months for under $500. Much better than classified ads.How can i put my house for sale by owner on the MLS?
Unless you're a broker yourself, you can't. The MLS is for licensed real estate brokers only.
Just an FYI, the MLS has a new rule that listing input through discount brokerages be CLEARLY marked, that the ';selling agent'; does the MLS only and the actual work is going to the buyers agent. They even made a new field for it so that agents can exclude them from searches.
You can't. You will need to use a Realtor with MLS access.
You can't. There are limited service agencies that charge you an up front fee to put your house in the MLS, and you basically sell your house. It is my experience that these are not successful transactions for the seller.
Contact a company like BUYOWNER. You will probably have to pay a fee. Or contact a local realtor to see if they will, it never hurts to ask.
Go to http://www.HELPMESELL.com. List your home and upload photos. You'll get a free 21 day yahoo! real estate classified ad AND depending on the state your property is located in you can list on MLS and Realtor.com for 12 months for under $500. Much better than classified ads.How can i put my house for sale by owner on the MLS?
Unless you're a broker yourself, you can't. The MLS is for licensed real estate brokers only.
Just an FYI, the MLS has a new rule that listing input through discount brokerages be CLEARLY marked, that the ';selling agent'; does the MLS only and the actual work is going to the buyers agent. They even made a new field for it so that agents can exclude them from searches.
You can't. You will need to use a Realtor with MLS access.
You can't. There are limited service agencies that charge you an up front fee to put your house in the MLS, and you basically sell your house. It is my experience that these are not successful transactions for the seller.
Contact a company like BUYOWNER. You will probably have to pay a fee. Or contact a local realtor to see if they will, it never hurts to ask.
Which is the best Domain Name for a Free For Sale By Owner Site?
1. 4freebyowner.com
2. forfreebyowner.com
3. freeforsalebyowners.com
4. free4salebyowners.com
6 minutes ago - 3 days left to answerWhich is the best Domain Name for a Free For Sale By Owner Site?
3 and 4 are kinda tongue twisters, and 2 is just annoying. i would probably say #1 is bestWhich is the best Domain Name for a Free For Sale By Owner Site?
I'm not crazy about any of these. I've left my feedback in your earlier posts so you probably understand my ratings criteria. I would avoid the domains with numbers that represent words. 4 -for as an example.
That leaves forfreebyowner and freeforsalebyowners
Forfreebyowner does not communicate that this is a for SALE by owner site.
freeforsalebyowners is the best remaining site of the four options. There are two negatives for this domain. ';free'; in the name doesn't add any value. You can advertise ';free'; in the website, but I wouldn't suggest it in the domain. Owner vs Owners. The plural Owners is not a common way of communicating ';for sale by owner';.
I ran a whois on some of your names in prior posts. I am assuming you purchased a lot of domains at the beginning of this month. If you would like my suggestions on how to earn money on the names you are not developing, send me an email and I'll share with you what I do with my domains.
2. forfreebyowner.com
3. freeforsalebyowners.com
4. free4salebyowners.com
6 minutes ago - 3 days left to answerWhich is the best Domain Name for a Free For Sale By Owner Site?
3 and 4 are kinda tongue twisters, and 2 is just annoying. i would probably say #1 is bestWhich is the best Domain Name for a Free For Sale By Owner Site?
I'm not crazy about any of these. I've left my feedback in your earlier posts so you probably understand my ratings criteria. I would avoid the domains with numbers that represent words. 4 -for as an example.
That leaves forfreebyowner and freeforsalebyowners
Forfreebyowner does not communicate that this is a for SALE by owner site.
freeforsalebyowners is the best remaining site of the four options. There are two negatives for this domain. ';free'; in the name doesn't add any value. You can advertise ';free'; in the website, but I wouldn't suggest it in the domain. Owner vs Owners. The plural Owners is not a common way of communicating ';for sale by owner';.
I ran a whois on some of your names in prior posts. I am assuming you purchased a lot of domains at the beginning of this month. If you would like my suggestions on how to earn money on the names you are not developing, send me an email and I'll share with you what I do with my domains.
Can I legally assist in a 'for sale by owner'??
I have an 'inactive'- probably expired Missouri real estate license, I've never actually used it- meaning I have never closed a sale but I would like to assist fsbo's in their home sales- probably for an upfront fee to include staging %26amp; such- but I'm worried about doing so because of the complexity of laws pertaining to licensees/ex-licensees-- any info would be appreciatedCan I legally assist in a 'for sale by owner'??
Contact the Missouri Real Estate Board, ascertain the status of your license and ask them about your situation. These questions are seen worldwide.Can I legally assist in a 'for sale by owner'??
No, I didn't like your answer to my ? You seem to be an emotional B. You didn't even answer what I was talking about. Just went on a tirade about something else. Yes, I am selling my home, but not through you.
Contact the Missouri Real Estate Board, ascertain the status of your license and ask them about your situation. These questions are seen worldwide.Can I legally assist in a 'for sale by owner'??
No, I didn't like your answer to my ? You seem to be an emotional B. You didn't even answer what I was talking about. Just went on a tirade about something else. Yes, I am selling my home, but not through you.
About how many ';for sale by owner'; are posted daily in the state of California??
for sale by owner= fsbo, I just need a round figure of daily fsbo's being placed and from there on i can calculate weekly, monthly, and yearly numbers....About how many ';for sale by owner'; are posted daily in the state of California??
There are no ready numbers for you because there is no single place where fsbo's are posted in California or anywhere else for that matter.
There are no ready numbers for you because there is no single place where fsbo's are posted in California or anywhere else for that matter.
If you buy a house that is for sale by owner do they have to disclose things that are wrong with it?
Not necessarily, the law limits it to major items. The disclosure checklist is the condition of the property TODAY.
If there was any major repairs done in the past, and those items, as of today, are in good working order, then they are under no requirement to disclose.
I would go to the Real Estate Commission for your state...the Property Disclosure Statement is usually the only public document that they add for free...that way you can review it and see what is on it.
However, if you have never purchased a home before, I would not purchase one without using a Realtor or getting a home inspection.
Purchasing homes without a Realtor is not for the unseasoned home buyer....you can get yourself into some very deep financial hot water.If you buy a house that is for sale by owner do they have to disclose things that are wrong with it?
They do have to disclose if the property needs repair. I'd check out http://www.investyourcents.com and http://www.alittlemorecredit.c鈥?/a> for more info related to this.
If you buy a house that is for sale by owner do they have to disclose things that are wrong with it?
No.Thats why you should have any house you are buying inspected by a liscensed house inspector!
Not legally. Have an inspection
Depends on the statutes of the state in which you live, and the method in which it is being sold. If the seller clearly indicates that the property is being sold 'as is', most states have no requirement of disclosure.
Get a professional inspection of the property done.
yes its part of the fair housing act.
not little things, if they have knowledge of a material defect in the house then yes, roof leak no
I know you do in texas, you might call a tile company and ask them or a real estate company and ask for the office manager or broker
My understanding is that they have to disclose any material (major) problems that they know about. But proving that a seller probably knew or should have known about a problem is difficult. You'd be fighting it out in civil court, where the standard of proof is ';balance of evidence'; rather than ';beyond a reasonable doubt';, so you have that much in your favor.
But the best thing to do is to get an inspection, and to have an honest, experienced real estate agent working on your purchase. They're the best insurance you can buy.
Depends on what state you live in.
Yes - but -
finding THE honest/open FSBO is a virtual impossibility . . .
realtors are 'there' as insurance against this type of misrepresentation . . . and ultimate loss -
usually saving the buyer mega dollars . . .
well worth the commission they collect on the sale.
It is not part of the fair housing act. There is no federal law about this.
In Texas any seller that sells property without disclosing known defects is exposed to triple damage lawsuits under the consumer protection act. This applies no matter if it is listed with a Realtor or not.
I would guess that a FSBO would be more likely to hide the truth than a listed property for various reasons.
It is surprising how often you hear an inspector say ';hey I inspected this same house a few years ago!'; or a foundation company say ';I gave this guy a report on this a while back';.
If you don't disclose you are often discovered and the penalties are very bad at least in Texas.
That is not to say that sometimes a seller is ignorant about a condition and so has no obligation to disclose what they don't know. It is always a great idea to get a home inspection.
They are not under the same legal requirements of a brokered deal. I would have the house inspected and appraised before going very far.
Whether they do or don't, Do your own investigating of the tax record and get your own home inspector. If you feel unsure that you can handle it yourself, get an attorney that specializes in real estate.
Yes. If there are major issues or problems, the seller has to make it known to the buyer. Example: If they had leaking in the basement, rotted framing (known), or foundation movement, etc.
Minor cosmetic things do not have to be disclosed.
I could sell you my house with lots of things wrong with it but if you found out about them after buying it, I could always say I didnt know such and such was bad and that everything was ok before I sold it......good luckeye make up pores
If there was any major repairs done in the past, and those items, as of today, are in good working order, then they are under no requirement to disclose.
I would go to the Real Estate Commission for your state...the Property Disclosure Statement is usually the only public document that they add for free...that way you can review it and see what is on it.
However, if you have never purchased a home before, I would not purchase one without using a Realtor or getting a home inspection.
Purchasing homes without a Realtor is not for the unseasoned home buyer....you can get yourself into some very deep financial hot water.If you buy a house that is for sale by owner do they have to disclose things that are wrong with it?
They do have to disclose if the property needs repair. I'd check out http://www.investyourcents.com and http://www.alittlemorecredit.c鈥?/a> for more info related to this.
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If you buy a house that is for sale by owner do they have to disclose things that are wrong with it?
No.Thats why you should have any house you are buying inspected by a liscensed house inspector!
Not legally. Have an inspection
Depends on the statutes of the state in which you live, and the method in which it is being sold. If the seller clearly indicates that the property is being sold 'as is', most states have no requirement of disclosure.
Get a professional inspection of the property done.
yes its part of the fair housing act.
not little things, if they have knowledge of a material defect in the house then yes, roof leak no
I know you do in texas, you might call a tile company and ask them or a real estate company and ask for the office manager or broker
My understanding is that they have to disclose any material (major) problems that they know about. But proving that a seller probably knew or should have known about a problem is difficult. You'd be fighting it out in civil court, where the standard of proof is ';balance of evidence'; rather than ';beyond a reasonable doubt';, so you have that much in your favor.
But the best thing to do is to get an inspection, and to have an honest, experienced real estate agent working on your purchase. They're the best insurance you can buy.
Depends on what state you live in.
Yes - but -
finding THE honest/open FSBO is a virtual impossibility . . .
realtors are 'there' as insurance against this type of misrepresentation . . . and ultimate loss -
usually saving the buyer mega dollars . . .
well worth the commission they collect on the sale.
It is not part of the fair housing act. There is no federal law about this.
In Texas any seller that sells property without disclosing known defects is exposed to triple damage lawsuits under the consumer protection act. This applies no matter if it is listed with a Realtor or not.
I would guess that a FSBO would be more likely to hide the truth than a listed property for various reasons.
It is surprising how often you hear an inspector say ';hey I inspected this same house a few years ago!'; or a foundation company say ';I gave this guy a report on this a while back';.
If you don't disclose you are often discovered and the penalties are very bad at least in Texas.
That is not to say that sometimes a seller is ignorant about a condition and so has no obligation to disclose what they don't know. It is always a great idea to get a home inspection.
They are not under the same legal requirements of a brokered deal. I would have the house inspected and appraised before going very far.
Whether they do or don't, Do your own investigating of the tax record and get your own home inspector. If you feel unsure that you can handle it yourself, get an attorney that specializes in real estate.
Yes. If there are major issues or problems, the seller has to make it known to the buyer. Example: If they had leaking in the basement, rotted framing (known), or foundation movement, etc.
Minor cosmetic things do not have to be disclosed.
I could sell you my house with lots of things wrong with it but if you found out about them after buying it, I could always say I didnt know such and such was bad and that everything was ok before I sold it......good luck
What are some good resources for buying property in Asia (for sale by owner only, no developments)?
For Singapore,
I usually look at Saturday's Straits Times classified section. It gives a comprehensive listing of the existing properties available. However there are few advertisment for upcoming property.
Quite interestingly the streetdirectory.com website has plenty of updated property listings. I find this website a little cluttered, but is really quite informative and helpful once you get the hang of it.
This is a good place to start.
http://www.singaporepropertymarket.com/s鈥?/a>
For Asia, I really am not good at this and better not give any answers.
Hope this helps your hunting!What are some good resources for buying property in Asia (for sale by owner only, no developments)?
These sites should get you started:
http://www.homesonsale.co.uk/pages/9.htm
http://www.escapeartist.com/as/pac.htm
Good luck!
I usually look at Saturday's Straits Times classified section. It gives a comprehensive listing of the existing properties available. However there are few advertisment for upcoming property.
Quite interestingly the streetdirectory.com website has plenty of updated property listings. I find this website a little cluttered, but is really quite informative and helpful once you get the hang of it.
This is a good place to start.
http://www.singaporepropertymarket.com/s鈥?/a>
For Asia, I really am not good at this and better not give any answers.
Hope this helps your hunting!What are some good resources for buying property in Asia (for sale by owner only, no developments)?
These sites should get you started:
http://www.homesonsale.co.uk/pages/9.htm
http://www.escapeartist.com/as/pac.htm
Good luck!
Is anyone interested in buying a house in Jewett, Texas, for sale by owner?
Let's hear about it.Is anyone interested in buying a house in Jewett, Texas, for sale by owner?
how much?
how much?
I have a website that is to market for sale by owner homes...?
but it is just starting and I need to get people in. My husband suggested that we put an ad in the paper for the first 5 people free,then the next 5 1/2 price. Can you please give me any suggestions??
I am not marketing this site, but this is for reference to the question only
http://chicagosouthlandbyowner.comI have a website that is to market for sale by owner homes...?
Advertising is definitely one way to reach your target audience. But it is not the only way. I suggest you combine advertising, promotional offers, with other marketing strategies such as PR and search engine optimization.
Here are some shoestring marketing ideas that can help you get the visitors you need at the least cost possible:
1. Create the best content you can with the best products you can possibly offer. Your content is your best advertisement - if visitors love your content, then they will go back and spread the word to others.
2. Make it easy for users to recommend your site. Viral marketing is very important -- and easy to tap on the Web. But give your users the tools. Get a Recommend this Site script from websites such as cgiscripts.com and similar directories of scripts. Some even go as far as giving incentives to those who recommend the site to their friends. If only 10 people go to your site, but these 10 people invite 10 more - that's additional traffic that you get for FREE!
Recommend Site Scripts (various) http://php.resourceindex.com/Complete_Sc鈥?/a>
Big Nose Bird Recommend this Site http://bignosebird.com/carchive/birdcast鈥?/a>
CGI Resource Index http://cgi.resourceindex.com/Programs_an鈥?/a>
Hostscripts http://www.hotscripts.com/PHP/Scripts_an鈥?/a>
3. Rank well in the search engines (organic search results, not the pay per click). SEs can be a big source of traffic. The key is to create the best content in your niche. If you have good content, other websites will gladly link to you and offer your site as a resource to their audience. Check the on-page factors and be sure to get linked from authority sites in your topic area.
If you are going to read only one piece on search engine optimization, I suggest you read Brett Tabke of WebmasterWorld.com's ';Successful Site in 12 Months with Google Alone: 26 steps to 15k a day.'; http://www.webmasterworld.com/forum3/201鈥?/a>
SEO for Google http://www.powerhomebiz.com/052006/googl鈥?/a>
SEO for Yahoo! http://www.powerhomebiz.com/052006/yahoo鈥?/a>
SEO for MSN http://www.powerhomebiz.com/052006/msn.h鈥?/a>
Tying It Together: SEO For The Big Three http://www.powerhomebiz.com/052006/seo.h鈥?/a>
4. Send out press releases. While outfits charge as much as $650 per release, there are free press release submission places on the Web. Press releases allow you to (a) attract media attention; (b) get more back links to your website without sending each website an email request; and (c) get more visibility especially if your press release gets in Google News or Yahoo News. My website (see my profile) accepts free press release submission (no strings attached!)
5. Submit articles. Write articles and submit them to websites accepting author submissions. You get exposure for your business; establishes you as an authority in your field, and allows you to get backlinks for your website. If 50 websites publish your article and it contains a link back to your website, then you easily get 50 links from a single article. The more links you have, the greater your chances for increasing your search engine rankings.
Here is a comprehensive list of where to submit your articles http://answers.yahoo.com/question/;_ylt=鈥?/a>
6. Improve your conversion. Getting visitors is one thing; getting them to buy your products is a whole different story. Read the article ';10 Ways to Convert Visitors to Buyers'; http://www.powerhomebiz.com/072005/conve鈥?/a> for tips on how to improve your conversion rates.
7. Post a link to your site for free where it is allowed (always read the Terms of Use). Examples are:
Craigslist http://www.craigslist.com
Google Base http://base.google.com
Classifieds for Free http://www.classifiedsforfree.com/...
Text Link Exchange http://www.txtswap.com/
Recycler.com http://www.recycler.com/
Yahoo Classifieds http://classifieds.yahoo.com/
US Free Ads http://www.usfreeads.com/I have a website that is to market for sale by owner homes...?
You can post about it at http://www.craigslist.org under your area and see if that helps.
I am not marketing this site, but this is for reference to the question only
http://chicagosouthlandbyowner.comI have a website that is to market for sale by owner homes...?
Advertising is definitely one way to reach your target audience. But it is not the only way. I suggest you combine advertising, promotional offers, with other marketing strategies such as PR and search engine optimization.
Here are some shoestring marketing ideas that can help you get the visitors you need at the least cost possible:
1. Create the best content you can with the best products you can possibly offer. Your content is your best advertisement - if visitors love your content, then they will go back and spread the word to others.
2. Make it easy for users to recommend your site. Viral marketing is very important -- and easy to tap on the Web. But give your users the tools. Get a Recommend this Site script from websites such as cgiscripts.com and similar directories of scripts. Some even go as far as giving incentives to those who recommend the site to their friends. If only 10 people go to your site, but these 10 people invite 10 more - that's additional traffic that you get for FREE!
Recommend Site Scripts (various) http://php.resourceindex.com/Complete_Sc鈥?/a>
Big Nose Bird Recommend this Site http://bignosebird.com/carchive/birdcast鈥?/a>
CGI Resource Index http://cgi.resourceindex.com/Programs_an鈥?/a>
Hostscripts http://www.hotscripts.com/PHP/Scripts_an鈥?/a>
3. Rank well in the search engines (organic search results, not the pay per click). SEs can be a big source of traffic. The key is to create the best content in your niche. If you have good content, other websites will gladly link to you and offer your site as a resource to their audience. Check the on-page factors and be sure to get linked from authority sites in your topic area.
If you are going to read only one piece on search engine optimization, I suggest you read Brett Tabke of WebmasterWorld.com's ';Successful Site in 12 Months with Google Alone: 26 steps to 15k a day.'; http://www.webmasterworld.com/forum3/201鈥?/a>
SEO for Google http://www.powerhomebiz.com/052006/googl鈥?/a>
SEO for Yahoo! http://www.powerhomebiz.com/052006/yahoo鈥?/a>
SEO for MSN http://www.powerhomebiz.com/052006/msn.h鈥?/a>
Tying It Together: SEO For The Big Three http://www.powerhomebiz.com/052006/seo.h鈥?/a>
4. Send out press releases. While outfits charge as much as $650 per release, there are free press release submission places on the Web. Press releases allow you to (a) attract media attention; (b) get more back links to your website without sending each website an email request; and (c) get more visibility especially if your press release gets in Google News or Yahoo News. My website (see my profile) accepts free press release submission (no strings attached!)
5. Submit articles. Write articles and submit them to websites accepting author submissions. You get exposure for your business; establishes you as an authority in your field, and allows you to get backlinks for your website. If 50 websites publish your article and it contains a link back to your website, then you easily get 50 links from a single article. The more links you have, the greater your chances for increasing your search engine rankings.
Here is a comprehensive list of where to submit your articles http://answers.yahoo.com/question/;_ylt=鈥?/a>
6. Improve your conversion. Getting visitors is one thing; getting them to buy your products is a whole different story. Read the article ';10 Ways to Convert Visitors to Buyers'; http://www.powerhomebiz.com/072005/conve鈥?/a> for tips on how to improve your conversion rates.
7. Post a link to your site for free where it is allowed (always read the Terms of Use). Examples are:
Craigslist http://www.craigslist.com
Google Base http://base.google.com
Classifieds for Free http://www.classifiedsforfree.com/...
Text Link Exchange http://www.txtswap.com/
Recycler.com http://www.recycler.com/
Yahoo Classifieds http://classifieds.yahoo.com/
US Free Ads http://www.usfreeads.com/I have a website that is to market for sale by owner homes...?
You can post about it at http://www.craigslist.org under your area and see if that helps.
Where can i find new york state land for sale by owner?
you might be able to use fsbo.com or zillow.comWhere can i find new york state land for sale by owner?
Here is a link to land for sale by owner in New York:
http://www.10realty.com/detail.asp?id=23鈥?/a>
Here is a link to land for sale by owner in New York:
http://www.10realty.com/detail.asp?id=23鈥?/a>
Should I sell my house for sale by owner??
There are 3 other houses for sale in the subdivision. We have only lived there 3 months but we are just unhappy and want to move back home. Should I sell it by owner or use a real estate agent. How is the process different??Should I sell my house for sale by owner??
The process is different because if you do FSBO, you do all the work. If you use a Realtor, they do all the work.
This is what I tell people that want to try FSBO. Don't buy one of those packages that give you some canned forms, signs, put it on some website and give you ';marketing tips'; - you don't need that. Buy some signs, make flyers, put it on free sites like craigslist, don't spend a bunch of money on this.
Safety first, have a by appoinment only policy and stick to it. Never show the house alone, always have a friend or family member with you. Pack away heirlooms and valuables, today's buyer could be tomorrow's thief. Have your house clean, depersonalized, and decluttered.
After you have tried this, a Realtor will be there to help when you get serious about selling.
If you bought 3 months ago, I hope you can sell it for what you need to get out of it. Could you rent it out instead?Should I sell my house for sale by owner??
Here are a few good reasons why you should hire a REALTOR庐:
Your REALTOR庐 can help you negotiate.
Your REALTOR庐 can guide you through the closing process and make sure everything flows together smoothly.
When selling your home, your REALTOR庐 can give you up-to-date information on what is happening in the marketplace and the price, financing, terms and condition of competing properties. These are key factors in getting your property sold at the best price, quickly and with minimum hassle.
Your REALTOR庐 markets your property to other real estate agents and the public.
Your REALTOR庐 will know when, where and how to advertise your property.
When you attempt to sell FSBO, you are basically on your own relative to contractual issues, advertising, and similar.
It's your call whether or not you feel up to handling such a sale.
Be advised that contractual language is not easy. If you sign inappropriate documents, you are bound to same.
As a real estate broker, I can only tell you about the numbers of folks who have signed silly contracts. Be very careful.
I am doing buy owner with no luck, and on top of that , if you decide to go with an agent later, they can't take you because buy owner is considered your listing agent, in todays market and the situation you are in, it's a waste of money, go with an agent, there are going to be forms needed that an agent will be needed to under stand the language.
Use a real estate agent. There are so many things that are involved in selling a house that real estate agents are trained to know....i think there are special fees and things involved with selling a house. If you are not familiar with selling houses i would definitely go with a real estate agent; just look around for a good one and good luck :)
The advantage of FSBO is you save RE commissions, which can be substantial.
The disadvantages are many if you have never sold on your own. If you can underprice the other houses, then you have a good shot. You will need a RE attorney if you have never done this. It's not difficult but this is an important transaction. Also, you will have to do the advertising and showings yourself. If you are willing to do that, then by all means try it for a few weeks and see what happens.
There are also some low cost ways to advertise. You can put it on Craigslist and you can try postlets.com. Also, put signs around the neighborhood with the address on them, especially on high traffic corners. There are also some brokers out there that will put it on the MLS for you for a low flat fee. It all depends how much work you are willing to do to save substantial $$ and how comfortable you are in handling the sale. In this market, you may want to find the best realtor you can, price it right, and sign a short term, 60-90 days max, listing contract.
If you know how much your house is worth and the rules and laws associated with selling your house, go for it.
The real estate agents handle everything. They will get everything done. Only...they have to get paid for everything.
If you have never sold a house before by yourself, I reccommend using a real estate agent. It's a lot less hassle. Good luck, and sorry you guys weren't happy there.
I wouldnt! My parents done it and some weird people would call and say theyd be back and never was! It was a hassle!
use a realtor--they can help you with the paper work and your house will have more exposure(they will put it in the mls)
The process is different because if you do FSBO, you do all the work. If you use a Realtor, they do all the work.
This is what I tell people that want to try FSBO. Don't buy one of those packages that give you some canned forms, signs, put it on some website and give you ';marketing tips'; - you don't need that. Buy some signs, make flyers, put it on free sites like craigslist, don't spend a bunch of money on this.
Safety first, have a by appoinment only policy and stick to it. Never show the house alone, always have a friend or family member with you. Pack away heirlooms and valuables, today's buyer could be tomorrow's thief. Have your house clean, depersonalized, and decluttered.
After you have tried this, a Realtor will be there to help when you get serious about selling.
If you bought 3 months ago, I hope you can sell it for what you need to get out of it. Could you rent it out instead?Should I sell my house for sale by owner??
Here are a few good reasons why you should hire a REALTOR庐:
Your REALTOR庐 can help you negotiate.
Your REALTOR庐 can guide you through the closing process and make sure everything flows together smoothly.
When selling your home, your REALTOR庐 can give you up-to-date information on what is happening in the marketplace and the price, financing, terms and condition of competing properties. These are key factors in getting your property sold at the best price, quickly and with minimum hassle.
Your REALTOR庐 markets your property to other real estate agents and the public.
Your REALTOR庐 will know when, where and how to advertise your property.
When you attempt to sell FSBO, you are basically on your own relative to contractual issues, advertising, and similar.
It's your call whether or not you feel up to handling such a sale.
Be advised that contractual language is not easy. If you sign inappropriate documents, you are bound to same.
As a real estate broker, I can only tell you about the numbers of folks who have signed silly contracts. Be very careful.
I am doing buy owner with no luck, and on top of that , if you decide to go with an agent later, they can't take you because buy owner is considered your listing agent, in todays market and the situation you are in, it's a waste of money, go with an agent, there are going to be forms needed that an agent will be needed to under stand the language.
Use a real estate agent. There are so many things that are involved in selling a house that real estate agents are trained to know....i think there are special fees and things involved with selling a house. If you are not familiar with selling houses i would definitely go with a real estate agent; just look around for a good one and good luck :)
The advantage of FSBO is you save RE commissions, which can be substantial.
The disadvantages are many if you have never sold on your own. If you can underprice the other houses, then you have a good shot. You will need a RE attorney if you have never done this. It's not difficult but this is an important transaction. Also, you will have to do the advertising and showings yourself. If you are willing to do that, then by all means try it for a few weeks and see what happens.
There are also some low cost ways to advertise. You can put it on Craigslist and you can try postlets.com. Also, put signs around the neighborhood with the address on them, especially on high traffic corners. There are also some brokers out there that will put it on the MLS for you for a low flat fee. It all depends how much work you are willing to do to save substantial $$ and how comfortable you are in handling the sale. In this market, you may want to find the best realtor you can, price it right, and sign a short term, 60-90 days max, listing contract.
If you know how much your house is worth and the rules and laws associated with selling your house, go for it.
The real estate agents handle everything. They will get everything done. Only...they have to get paid for everything.
If you have never sold a house before by yourself, I reccommend using a real estate agent. It's a lot less hassle. Good luck, and sorry you guys weren't happy there.
I wouldnt! My parents done it and some weird people would call and say theyd be back and never was! It was a hassle!
use a realtor--they can help you with the paper work and your house will have more exposure(they will put it in the mls)
For Sale By Owner Help!?
We are selling our house FSBO. What are the most important thinks we need to make sure we do to complete the transaction? ie: home inspection, termite test, appraisal, etc., earnest money
We just don't want to forget anything.For Sale By Owner Help!?
Consult http://www.forsalebyowner.com - it's a good resource and you can list your house there.eye make up pores
We just don't want to forget anything.For Sale By Owner Help!?
Consult http://www.forsalebyowner.com - it's a good resource and you can list your house there.
How to find out if a property is for sale by owner?
Consider checking the following link.How to find out if a property is for sale by owner?
If there's a particular property you are interested in, you can approach the owner by finding out who they are (check the COUNTY web site for Property Search. For instance, type into your favorite search engine the name of the county and the words Property Search - like ';marion county ohio property search'; (no quotes). This will likely find a website that will help you to find the owner. Then you can approach the owner directly and ask.
Or you can try sites like forsalebyowner.com and fsbo.com (and you can even find SOME for-sale-by-owner houses on the MLS, by going through a realtor's web site.) There are companies that do fixed-fee listings that will allow you to market the house For Sale By Owner, but still list it on MLS.
If there's a particular property you are interested in, you can approach the owner by finding out who they are (check the COUNTY web site for Property Search. For instance, type into your favorite search engine the name of the county and the words Property Search - like ';marion county ohio property search'; (no quotes). This will likely find a website that will help you to find the owner. Then you can approach the owner directly and ask.
Or you can try sites like forsalebyowner.com and fsbo.com (and you can even find SOME for-sale-by-owner houses on the MLS, by going through a realtor's web site.) There are companies that do fixed-fee listings that will allow you to market the house For Sale By Owner, but still list it on MLS.
Any tips for doing a for sale by owner?
Unless you know a lot about real estate, then I would suggest get a Realtor. Yes you have to pay comission, but a good one will get you the best price and get your house out there on the market. AND they will protect you from potential lawsuits.Any tips for doing a for sale by owner?
Find out what your home is worth and do this by researching what houses similar to yours have been selling for over the past three to six months. Then compare your home to them and fix the price accordingly. You may want to be on the high side, knowing that you can take less, and remember you will get a lot or Realtors calling you and you tell them you will be glad to pay them a selling commission or three percent and will accept their buyer if the price is right. In this manner you will have the right to sell the house yourself and have the realtors working for you as well.
Find out what your home is worth and do this by researching what houses similar to yours have been selling for over the past three to six months. Then compare your home to them and fix the price accordingly. You may want to be on the high side, knowing that you can take less, and remember you will get a lot or Realtors calling you and you tell them you will be glad to pay them a selling commission or three percent and will accept their buyer if the price is right. In this manner you will have the right to sell the house yourself and have the realtors working for you as well.
Where i can find cheap used cars for sale by owner?
Try your local newspapers classified ads section.Where i can find cheap used cars for sale by owner?
www.traderonline.comWhere i can find cheap used cars for sale by owner?
You can try your local paper for classified ads. For online websites you can try craigslist.com or recycler.com
Volkswagen's are cheap!
Try TheSamba.com.
I was thinking about getting one for a kick around car.
Why waste time and money with a double-talking car owner when you can buy your dream car from government seized auto online auction, where you can buy a car 90% off Retail Value?
Every day, the government confiscates, seizes and repossesses thousands of Vehicles.These vehicles are usually typically listed at 90% OFF their original value and auctions usually start at $100.
You can check out http://seized-car-auction.info ,That site lists top 5 Police auction sites and help you choose the best one.
Good luck!
www.traderonline.comWhere i can find cheap used cars for sale by owner?
You can try your local paper for classified ads. For online websites you can try craigslist.com or recycler.com
Volkswagen's are cheap!
Try TheSamba.com.
I was thinking about getting one for a kick around car.
Why waste time and money with a double-talking car owner when you can buy your dream car from government seized auto online auction, where you can buy a car 90% off Retail Value?
Every day, the government confiscates, seizes and repossesses thousands of Vehicles.These vehicles are usually typically listed at 90% OFF their original value and auctions usually start at $100.
You can check out http://seized-car-auction.info ,That site lists top 5 Police auction sites and help you choose the best one.
Good luck!
Does anybody know of any cars for sale by owner in the Southeast Missouri region around $1500?
You should go driving around and looking at cars parked on private lots. Usually they are not highly advertised and the owners will cut a really good deal with you for them.Does anybody know of any cars for sale by owner in the Southeast Missouri region around $1500?
Yes, plenty try craigslist
Yes, plenty try craigslist
How can I find out who has title of a house that is for sale by owner?
tax assessor office, or land title officeHow can I find out who has title of a house that is for sale by owner?
Enter the property address at the Tax Assessor's Office website. You will find the name. Take that name to the County Recorders website to read the actual deed..... to see if there are more names than are printed out at the assessor's site.
If the title is in the name of a corporation, take the name to the State Corporation website. The corporation is required to list at least one person with their contact information.
You can always track down a property owner.How can I find out who has title of a house that is for sale by owner?
Check to see if the local registrar of deeds has a website. Or the city/town where you live may have assessor's records on their site.
Enter the property address at the Tax Assessor's Office website. You will find the name. Take that name to the County Recorders website to read the actual deed..... to see if there are more names than are printed out at the assessor's site.
If the title is in the name of a corporation, take the name to the State Corporation website. The corporation is required to list at least one person with their contact information.
You can always track down a property owner.How can I find out who has title of a house that is for sale by owner?
Check to see if the local registrar of deeds has a website. Or the city/town where you live may have assessor's records on their site.
Im looking for a camaro z28 iroc to buy does anyone know any for sale by owner near kalamazoo, MI?
You should also consider that such a car may be expensive to insure. Check your insurance rates before buying one, for example here - carquotes.sinfree.netIm looking for a camaro z28 iroc to buy does anyone know any for sale by owner near kalamazoo, MI?
No, but that is an awesome car.eye make up pores
No, but that is an awesome car.
Closing cost For sale by owner?
Hello,
What are theI responiblities for the seller at the closing?
What are the closing cost the seller will have to pay upfront?
What are the closing cost the seller has to pay after the sale?
Any advise? FSBOClosing cost For sale by owner?
You have to provide clean title. Nothing before, nothing after. You will pay for your part of the title insurance and settlement. You will pay your prorated taxes or get money back if you pay them in advance.
Any other fees you pay are negotiated. You are not required to pay 1 penny to borrowers fees. Taxes, and proving title. Shouldnt cost you a dime until closing. Anything you pay over that, is up to you.
******* UPDATE *************
These people are all idiots. You only have to clear title. the insurance for that is maybe 500 per 100 on the home value. Dont listen to any of them. They must all be real estate agents that are first year out. Thats what you have to pay. 200K house it shouldnt cost you more then 1,000 to close (at very most) Not 3% or 6,000 this is just a joke reading their answers.
Call an escrow agent and say what is the sellers cost for an ALTA title policy? They will say 829 bucks for the sales price, and you say to close? They say 125 bucks. You say okay deal. 1,000 bucks on a 200K home.
Anything you pay over that goes to somebody else and can be negotiated.Closing cost For sale by owner?
Not knowing where your property resides makes it tough to answer accurately, but in California, the Seller would pay the county transfer tax- $1.10 per thousand dollars of the sale; the city may or may not also have a transfer tax- if so, responsibility for payment would depend on the contract, but a 50/50 split is common. The seller will also pay for demand fees to their current lenders for payoff information, and the wire cost to pay them and the cost of recording the reconveyance deeds after they are paid off... lastly, you would be responsible for any credits or other agreements in the contract and if the Buyer had an agent that you were cooperating with, you would know what you agreed to. These are all costs paid at closing, nothing is paid up front unless your lender requires advance payment for the demand fees. There should be no fees due after the sale.
You will have to pay for the buyers agent fee wich is typically three percent but that is negotiable. You will have to pay between 3-5000 for your closing costs and if the buyer has any closing costs rolled into the loan then you will have to pay those and be reimursed for that. Good luck, i hope this helps.
oh and keep in mind that the agent fee is negotiable, if you find it too hard to sell on your own you can hire an agent at 1.5 or 2% of selling price. I know it is additional cost but it may be worth it in the long term.
average title and closing costs are about 3% of the sale price PER side (buyer side and seller side each) You are only responsible for your side - buyers will ask you to pay their side - that will give you some dollar range - to figure out what you would NET use this example: House sale price is $200,000 less your present mortgage, less 3% of $200K and you have a net figure to you - unless your buyer has a realtor then you may pay an additional 3% to their agent - and if they ask you to pay their title and closing costs - take off another 3% - by the time you do all that - you're better off listing with a realtor and sit back let them do the work -
What are theI responiblities for the seller at the closing?
What are the closing cost the seller will have to pay upfront?
What are the closing cost the seller has to pay after the sale?
Any advise? FSBOClosing cost For sale by owner?
You have to provide clean title. Nothing before, nothing after. You will pay for your part of the title insurance and settlement. You will pay your prorated taxes or get money back if you pay them in advance.
Any other fees you pay are negotiated. You are not required to pay 1 penny to borrowers fees. Taxes, and proving title. Shouldnt cost you a dime until closing. Anything you pay over that, is up to you.
******* UPDATE *************
These people are all idiots. You only have to clear title. the insurance for that is maybe 500 per 100 on the home value. Dont listen to any of them. They must all be real estate agents that are first year out. Thats what you have to pay. 200K house it shouldnt cost you more then 1,000 to close (at very most) Not 3% or 6,000 this is just a joke reading their answers.
Call an escrow agent and say what is the sellers cost for an ALTA title policy? They will say 829 bucks for the sales price, and you say to close? They say 125 bucks. You say okay deal. 1,000 bucks on a 200K home.
Anything you pay over that goes to somebody else and can be negotiated.Closing cost For sale by owner?
Not knowing where your property resides makes it tough to answer accurately, but in California, the Seller would pay the county transfer tax- $1.10 per thousand dollars of the sale; the city may or may not also have a transfer tax- if so, responsibility for payment would depend on the contract, but a 50/50 split is common. The seller will also pay for demand fees to their current lenders for payoff information, and the wire cost to pay them and the cost of recording the reconveyance deeds after they are paid off... lastly, you would be responsible for any credits or other agreements in the contract and if the Buyer had an agent that you were cooperating with, you would know what you agreed to. These are all costs paid at closing, nothing is paid up front unless your lender requires advance payment for the demand fees. There should be no fees due after the sale.
You will have to pay for the buyers agent fee wich is typically three percent but that is negotiable. You will have to pay between 3-5000 for your closing costs and if the buyer has any closing costs rolled into the loan then you will have to pay those and be reimursed for that. Good luck, i hope this helps.
oh and keep in mind that the agent fee is negotiable, if you find it too hard to sell on your own you can hire an agent at 1.5 or 2% of selling price. I know it is additional cost but it may be worth it in the long term.
average title and closing costs are about 3% of the sale price PER side (buyer side and seller side each) You are only responsible for your side - buyers will ask you to pay their side - that will give you some dollar range - to figure out what you would NET use this example: House sale price is $200,000 less your present mortgage, less 3% of $200K and you have a net figure to you - unless your buyer has a realtor then you may pay an additional 3% to their agent - and if they ask you to pay their title and closing costs - take off another 3% - by the time you do all that - you're better off listing with a realtor and sit back let them do the work -
Anyone sold for sale by owner before?
I was going to list the house on for sale by owner till february when we are really having to sell and then if it had not sold list it through my local realtor. What do I need to do this? I was going to list on forsalebyowner.com and was going to consult an attorney also I was going to offer a 3 percent commission. I just dont want it listed on mls all that time and also want to see if it will sell, I will be getting an appraisal done, and listing below market value.Anyone sold for sale by owner before?
Get an Agent, if you are going to offer 3% then in this market of today get an agent you will need every advantage you can get.
Be prepared for anyone to trapse through the house and want to do so at every hour of the day and night. Be prepared for people who could not qulaify to buy a sandwich to waste your time and even take the house off the market for months and you still do not get a sell. Be prepared to say ';no'; thousands of time to the question ';will you finance it for me'; which simply means ';my credit is so lousy I can't buy a sandwich, I want to come in and trash your property so you will have to redo the entire inside before you can sell it';.
If you hold open houses you will get nothing but lookers who aren't prequalified and then ....well just start reaidn my reply all over again.
Get the points, a real estate agent will negate most of these and a host of other problems along the line. MANY times the agent more than pays for themselves in mistake YOU will make along the way. Do you know what contingencies are and how to make them work to your advantage?
I am curious about 1 thing why don't you want it listed in the MLS???Anyone sold for sale by owner before?
try buyowner.com you give them a set fee when sold, and they provide everything needed, plus your listed in the mls..which is good to reach buyers nationwide. if you decide to just place local ads, allow a realtor 3% IF they bring you a buyer. if you need to reach those that cant be approved for a mortgage... you could always do a lease-purchase ..or rent it, until your market picks up again. Theres always the option to sell to an investor..but you will have to give up the equity..meaning..the sale price most likely will be what you owe on the loan.
consult a R.E attorney, you have lots of options.
good luck!!
Ive done it twice before and sold in a weekend but that was quite a different time in the real estate market. Put ads in your local papers, have open houses every weekend and advertise them, and see how you do. You can always get a realtor later if youre not doing well on your own, but no reason not to try yourself first to save the commission.
I know 10 people who have done this with the present market , all 10 lost money , the least amount lost was 30 k this is a bad time for selling , and it does not look good anytime soon , You will have to eat the commission , and maybe pay the closing plus the loss , unless you find a sucker , I have been buying property here , but due to the market I am getting them dirt cheap , I do not feel bad about it , I did not make them live beyond their means One dummy paid 130 k for her house on her credit cards to avoid the variable interest rate increase , her APR on the card was 4% , I bought the place for 65k cash , she had to take it to avoid bankruptsey because her job requires her to maintain good credit , so she lost half on the house , I have been racking up land too for pennies on the dollar , All of these people with a degree saying the market will bounce back , it will but no time soon greed has corrupted the market , and too many people got their hands in the profit jar , we have not seen nothing yet , Market value means nothing today , because the greed has over inflated the market values , I am not buying all this land for profit , I am building houses on it to give to my kids so they will not have the burden of a mortgage when they start out . I wish you the best , but be ready for a possible loss.
For Sale By Owner (FSBO) usually attracts the bargain hunters and will usually ALWAYS offer and sell for up to 16% LESS than with a Realtor.
If you really do need to sell, use a Realtor. It will make your life so much easier. Showing your home, advertising, answering calls about info etc. is very time consuming. I tried to sell one of my homes by owner - because I really did think that if I offered my house for less than others - I would sell FAST.
Well, I did sell AFTER I listed with a Realtor and got above what I was originally asking FSBO. I was never inconvenienced - the Realtor took care of all the details.
Only thing I can say, is ask yoursefl WHY you do not want to use a Realtor. If you think you will save money, that is NOT necessarily valid. What is your time and energy worth to you? Homes priced right, exposed in MLS, and show good - sell. (in any market) not in 3 days but you get the idea.
Good Luck with your decision.
Get an Agent, if you are going to offer 3% then in this market of today get an agent you will need every advantage you can get.
Be prepared for anyone to trapse through the house and want to do so at every hour of the day and night. Be prepared for people who could not qulaify to buy a sandwich to waste your time and even take the house off the market for months and you still do not get a sell. Be prepared to say ';no'; thousands of time to the question ';will you finance it for me'; which simply means ';my credit is so lousy I can't buy a sandwich, I want to come in and trash your property so you will have to redo the entire inside before you can sell it';.
If you hold open houses you will get nothing but lookers who aren't prequalified and then ....well just start reaidn my reply all over again.
Get the points, a real estate agent will negate most of these and a host of other problems along the line. MANY times the agent more than pays for themselves in mistake YOU will make along the way. Do you know what contingencies are and how to make them work to your advantage?
I am curious about 1 thing why don't you want it listed in the MLS???Anyone sold for sale by owner before?
try buyowner.com you give them a set fee when sold, and they provide everything needed, plus your listed in the mls..which is good to reach buyers nationwide. if you decide to just place local ads, allow a realtor 3% IF they bring you a buyer. if you need to reach those that cant be approved for a mortgage... you could always do a lease-purchase ..or rent it, until your market picks up again. Theres always the option to sell to an investor..but you will have to give up the equity..meaning..the sale price most likely will be what you owe on the loan.
consult a R.E attorney, you have lots of options.
good luck!!
Ive done it twice before and sold in a weekend but that was quite a different time in the real estate market. Put ads in your local papers, have open houses every weekend and advertise them, and see how you do. You can always get a realtor later if youre not doing well on your own, but no reason not to try yourself first to save the commission.
I know 10 people who have done this with the present market , all 10 lost money , the least amount lost was 30 k this is a bad time for selling , and it does not look good anytime soon , You will have to eat the commission , and maybe pay the closing plus the loss , unless you find a sucker , I have been buying property here , but due to the market I am getting them dirt cheap , I do not feel bad about it , I did not make them live beyond their means One dummy paid 130 k for her house on her credit cards to avoid the variable interest rate increase , her APR on the card was 4% , I bought the place for 65k cash , she had to take it to avoid bankruptsey because her job requires her to maintain good credit , so she lost half on the house , I have been racking up land too for pennies on the dollar , All of these people with a degree saying the market will bounce back , it will but no time soon greed has corrupted the market , and too many people got their hands in the profit jar , we have not seen nothing yet , Market value means nothing today , because the greed has over inflated the market values , I am not buying all this land for profit , I am building houses on it to give to my kids so they will not have the burden of a mortgage when they start out . I wish you the best , but be ready for a possible loss.
For Sale By Owner (FSBO) usually attracts the bargain hunters and will usually ALWAYS offer and sell for up to 16% LESS than with a Realtor.
If you really do need to sell, use a Realtor. It will make your life so much easier. Showing your home, advertising, answering calls about info etc. is very time consuming. I tried to sell one of my homes by owner - because I really did think that if I offered my house for less than others - I would sell FAST.
Well, I did sell AFTER I listed with a Realtor and got above what I was originally asking FSBO. I was never inconvenienced - the Realtor took care of all the details.
Only thing I can say, is ask yoursefl WHY you do not want to use a Realtor. If you think you will save money, that is NOT necessarily valid. What is your time and energy worth to you? Homes priced right, exposed in MLS, and show good - sell. (in any market) not in 3 days but you get the idea.
Good Luck with your decision.
Listing home for sale by owner?
am trying to find something like where you can call a number enter a number and hear about the property for sale! can't find anything I want to list my house and want one of them on itListing home for sale by owner?
It's called a Homevoice Marketing System. Usually those services are set up by your realtor. The cost to buy the program $299 then you have to set it up. Realtors can also do videos. We used to just have flyers in a plastic container near the postal box on your property.Listing home for sale by owner?
You could contact http://helpusell.com/ They do things like post the house on a website and may provide drive by info. You will have to pay them as you would a realtor, but it is considerably less.
Good Luck!!
google ';talking real estate signs';. lots of companies do this.
There is more to selling your house than simply listing it on a web site. There are plenty of sites you might find on the internet for ';For Sale By Owners (FSBO) Google FSBO you should find plenty of them.
You really don't need a real estate agent to sell your property. You need to have common sense and be willing to hold open houses and discuss prices and other things with people that want to purchase your house.
There are several For Sale By Owner (FSBO) web sites that you can look up in selling your home yourself.
The main thing about selling your home is the maximum exposure through advertisement. This can be done several ways
#1 Advertise in your local newspaper (to include any open houses you schedule)
#2 Flyers on some part of the property or house that is easily accessible to the public and that they can see from the curb
This flyer should give the sale price, have a picture of the property # of bed and bathrooms, perhaps a few inside shots of the house and it should be in color.
#3 Open house to show the property to potential buyers.
#4 Advertise on the free websites on the internet.
Even though you plan to sell the property yourself you might consider interviewing three real estate agents, tell them the truth you are considering selling the home yourself but you wanted to interview a couple of agents to get their ideas. During the interview they should give you some idea as to the sale price of like properties in your neighborhood.
Now once they have given you what the property should sell for, they were nice enough to spend time with you and help you in getting compts and talking with you.
When you finally make up your mind, please call these 2-3 agents that you interviewed and tell them thanks, but you have decided to sell the property yourself. That is common courtesy and you should extend that courtesy to them.
Clean up the property so it will have good curb appeal. When you drive up to the house ask yourself ';Would I purchase this house?'; Take care of any possible problems that you know are there but you simply over looked them. Paint inside and outside, cost about $3K increase value about 10K. New carpet might also be in order if it is more than 5 years old.
Take away any clutter that might also be there, that lived in look you have might turn some buyers off. So clean up
Now you should also call a mortgage broker to see if he would be interested in assisting you with open houses. Tell him for his expertise you are willing to give him a list of those individuals that looked at your home, but were not pre-approved.
You would also want this individual to be there for your open houses so set up a schedule that he is able to attend.
This individual should also assist you in finding an escrow closing agent, an appraiser as well as a title company to assist you in your sale.
This person will also be able to assist with any state rules and local laws required to know in selling a house in your area.
Now once you have found a person to purchase your property, draw up a sales contract with the assistance of the mortgage broker. He will get an appraiser to verify the value. He should assist you in opening an escrow closing agent.
If the buyer is not pre-approved your mortgage broker will get the buyer approved and handle the paper work. If he is pre-approved his mortgage person will take care of the rest of the paper work.
Either way the mortgage broker whom ever he might be will take care of the majority of the rest of the transaction.
Don't fall for the real estate agents that will come by and ask if they find a buyer would you give them a commission. Tell them if they find someone their client should pay them.
The reason for this exercise is for you to put the maximum amount of your equity in your pocket as you possible can and not into a real estate agent's pocket. Keep your eye on the mission.
Now about paying off your mortgage, the escrow closing agent will send a letter to your present mortgage company and request a demand of payment indicating how much you currently owe on your mortgage. Your mortgage company will send them a reply with the amount you owe. This will be done on any mortgage you owe if you owe more than one.
The escrow closing agent will pay off any demands they receive. Anything left after all payoffs a check will be written to you the seller.
I hope this has been of some benefit to you, good luck.
';FIGHT ON';
It's called a Homevoice Marketing System. Usually those services are set up by your realtor. The cost to buy the program $299 then you have to set it up. Realtors can also do videos. We used to just have flyers in a plastic container near the postal box on your property.Listing home for sale by owner?
You could contact http://helpusell.com/ They do things like post the house on a website and may provide drive by info. You will have to pay them as you would a realtor, but it is considerably less.
Good Luck!!
google ';talking real estate signs';. lots of companies do this.
There is more to selling your house than simply listing it on a web site. There are plenty of sites you might find on the internet for ';For Sale By Owners (FSBO) Google FSBO you should find plenty of them.
You really don't need a real estate agent to sell your property. You need to have common sense and be willing to hold open houses and discuss prices and other things with people that want to purchase your house.
There are several For Sale By Owner (FSBO) web sites that you can look up in selling your home yourself.
The main thing about selling your home is the maximum exposure through advertisement. This can be done several ways
#1 Advertise in your local newspaper (to include any open houses you schedule)
#2 Flyers on some part of the property or house that is easily accessible to the public and that they can see from the curb
This flyer should give the sale price, have a picture of the property # of bed and bathrooms, perhaps a few inside shots of the house and it should be in color.
#3 Open house to show the property to potential buyers.
#4 Advertise on the free websites on the internet.
Even though you plan to sell the property yourself you might consider interviewing three real estate agents, tell them the truth you are considering selling the home yourself but you wanted to interview a couple of agents to get their ideas. During the interview they should give you some idea as to the sale price of like properties in your neighborhood.
Now once they have given you what the property should sell for, they were nice enough to spend time with you and help you in getting compts and talking with you.
When you finally make up your mind, please call these 2-3 agents that you interviewed and tell them thanks, but you have decided to sell the property yourself. That is common courtesy and you should extend that courtesy to them.
Clean up the property so it will have good curb appeal. When you drive up to the house ask yourself ';Would I purchase this house?'; Take care of any possible problems that you know are there but you simply over looked them. Paint inside and outside, cost about $3K increase value about 10K. New carpet might also be in order if it is more than 5 years old.
Take away any clutter that might also be there, that lived in look you have might turn some buyers off. So clean up
Now you should also call a mortgage broker to see if he would be interested in assisting you with open houses. Tell him for his expertise you are willing to give him a list of those individuals that looked at your home, but were not pre-approved.
You would also want this individual to be there for your open houses so set up a schedule that he is able to attend.
This individual should also assist you in finding an escrow closing agent, an appraiser as well as a title company to assist you in your sale.
This person will also be able to assist with any state rules and local laws required to know in selling a house in your area.
Now once you have found a person to purchase your property, draw up a sales contract with the assistance of the mortgage broker. He will get an appraiser to verify the value. He should assist you in opening an escrow closing agent.
If the buyer is not pre-approved your mortgage broker will get the buyer approved and handle the paper work. If he is pre-approved his mortgage person will take care of the rest of the paper work.
Either way the mortgage broker whom ever he might be will take care of the majority of the rest of the transaction.
Don't fall for the real estate agents that will come by and ask if they find a buyer would you give them a commission. Tell them if they find someone their client should pay them.
The reason for this exercise is for you to put the maximum amount of your equity in your pocket as you possible can and not into a real estate agent's pocket. Keep your eye on the mission.
Now about paying off your mortgage, the escrow closing agent will send a letter to your present mortgage company and request a demand of payment indicating how much you currently owe on your mortgage. Your mortgage company will send them a reply with the amount you owe. This will be done on any mortgage you owe if you owe more than one.
The escrow closing agent will pay off any demands they receive. Anything left after all payoffs a check will be written to you the seller.
I hope this has been of some benefit to you, good luck.
';FIGHT ON';
Selling a home ';for sale by owner';.....?
What advice can you give me to sell a home myself without going through a realtor? I live in NC. Thanks.Selling a home ';for sale by owner';.....?
There are tons of websites. Just Google it.
Establish a relationship with an attorney. You do not want to make a legal misstep involving such a large transaction. Also, an attorney will review offers you get to ensure that the terms are both legal and in your best interests. If you do nothing else, please for your own protection, do this.
Additionally, you need to decide now how much commission you will pay to a buyer’s agent. If you say “nothing” you risk having an agent refuse to show your property to a client.
Know that you will be contacted regularly by agents, even those without interested clients. I bring this up because I’m married to an agent. He works in particular areas and tries to preview all homes for sale, even those that are unrepresented. He has encountered unrepresented sellers who have yelled at and/or hung up on him and slammed doors in his face all because he didn’t have a specific client for that property they day he called/knocked. What do you think an agent treated like that will do when next week a client interested in a house like yours walks in to his office? And absolutely be prepared to have strangers, both agents and potential buyers to knock on your door any day, all day. Any time you aren’t home, you miss the potential to sell your house.
Your home should always be ready to show. This means clean, and with next to no clutter. If you have lots of knick-knacks, now is the time to pack them. It’s also often advisable to remove personal photographs.
As for advertising, the best medium depends on your market. Where I live, most buyers start looking online. The newspaper has virtually died here as a means to sell a home. If you’re not in the MLS, there’s a good chance your listing won’t be on most websites. You can get in with a discount broker who may do little more than list your home in the MLS for a flat fee, but you should still consult an attorney to find out what minimum service requirements are for such a broker.Selling a home ';for sale by owner';.....?
The most important thing you have to do first is see what the homes were sold for in your area. Then you can deal with a mortgage broker to get possible buyers per qualified..
just something for you to think about USING A REALTOR WILL USUALY GET YOU 16% MORE MONEY and that is a lot less than it will cost you for their services..
but if you still insist on selling it yourself make sure you advertise it in the paper, on the internet, magizenes, ect. if you just put a sign in your yard you will be missing most of the buyers.
check and see what has sold around you that is similar to your home in the past 6 months and base your homes price on that price per square foot. also look at what is on the market at the price you select and ask yourself which one you would buy at that price. remember it is a buyers market
There are some very good books on selling your own home. Buy one or check you local library. Taking the time for a little learning will save you time and trouble.
Get a good contract, have a mortgage broker qualify anyone who makes offer prior to acceptance. Read the rules and regs on selling in your state. Spell out everything thoroghly, who pays what, time frame, etc.
There are tons of websites. Just Google it.
Establish a relationship with an attorney. You do not want to make a legal misstep involving such a large transaction. Also, an attorney will review offers you get to ensure that the terms are both legal and in your best interests. If you do nothing else, please for your own protection, do this.
Additionally, you need to decide now how much commission you will pay to a buyer’s agent. If you say “nothing” you risk having an agent refuse to show your property to a client.
Know that you will be contacted regularly by agents, even those without interested clients. I bring this up because I’m married to an agent. He works in particular areas and tries to preview all homes for sale, even those that are unrepresented. He has encountered unrepresented sellers who have yelled at and/or hung up on him and slammed doors in his face all because he didn’t have a specific client for that property they day he called/knocked. What do you think an agent treated like that will do when next week a client interested in a house like yours walks in to his office? And absolutely be prepared to have strangers, both agents and potential buyers to knock on your door any day, all day. Any time you aren’t home, you miss the potential to sell your house.
Your home should always be ready to show. This means clean, and with next to no clutter. If you have lots of knick-knacks, now is the time to pack them. It’s also often advisable to remove personal photographs.
As for advertising, the best medium depends on your market. Where I live, most buyers start looking online. The newspaper has virtually died here as a means to sell a home. If you’re not in the MLS, there’s a good chance your listing won’t be on most websites. You can get in with a discount broker who may do little more than list your home in the MLS for a flat fee, but you should still consult an attorney to find out what minimum service requirements are for such a broker.Selling a home ';for sale by owner';.....?
The most important thing you have to do first is see what the homes were sold for in your area. Then you can deal with a mortgage broker to get possible buyers per qualified..
just something for you to think about USING A REALTOR WILL USUALY GET YOU 16% MORE MONEY and that is a lot less than it will cost you for their services..
but if you still insist on selling it yourself make sure you advertise it in the paper, on the internet, magizenes, ect. if you just put a sign in your yard you will be missing most of the buyers.
check and see what has sold around you that is similar to your home in the past 6 months and base your homes price on that price per square foot. also look at what is on the market at the price you select and ask yourself which one you would buy at that price. remember it is a buyers market
There are some very good books on selling your own home. Buy one or check you local library. Taking the time for a little learning will save you time and trouble.
Get a good contract, have a mortgage broker qualify anyone who makes offer prior to acceptance. Read the rules and regs on selling in your state. Spell out everything thoroghly, who pays what, time frame, etc.
I want to buy some acreage in the Knoxville, Tn. area. How can I check for sale by owner listings?
try http://fsboknoxville.com/
or
http://fsboknoxville.com/
http://www.forsalebyowner.com/
or
http://fsboknoxville.com/
http://www.forsalebyowner.com/
Need To Look For a House That Is FOR SALE BY OWNER AND I HAVE THE NUMBER . I DONT WONT TO FILL OUT FORM?
need a mls listNeed To Look For a House That Is FOR SALE BY OWNER AND I HAVE THE NUMBER . I DONT WONT TO FILL OUT FORM?
Your ';MLS'; (Multi-Listing Service) list usually won't help you. Real estate agents list those among other real estate agents in order to get a piece of the commissions for the resulting sales. ';For Sale by Owner'; houses are very rarely on MLS lists--that was the whole idea, an individual did not want to pay commissions to someone else to sell their house. This can save thousands of dollars, especially if the agent simply listed the house and let others sell it--in exchange for a piece of the pie. The big suits, big offices, and big cars are obviously paid for from something, so some people want to sell a house not give big profits to someone who lies (sells) to people all day. It is a pretty cynical thing, but then sales people often deserve the reputation the cynics hold of them.
Nope, you'll have to scour the newspaper ads or drive the neighborhoods you are interested in to find ';For Sale by Owner'; homes. PS: Be sure to get your own appraisals and inspections and a real estate lawyer, because sometimes these owners deserve a bad reputation too.Need To Look For a House That Is FOR SALE BY OWNER AND I HAVE THE NUMBER . I DONT WONT TO FILL OUT FORM?
Try realtor.com. It is not the most up to date but it does give you a field to enter an MLS number and it does have nationwide coverage.
There isn't really any public database for looking up MLS numbers -- you would have to have a real estate agent look up the number in their system. The MLS system is only made available to licensed real estate agents. Sorry, I know it's a PIA. Thankfully, I have a friend who got his hands on the software and lets me use it.eye make up pores
Your ';MLS'; (Multi-Listing Service) list usually won't help you. Real estate agents list those among other real estate agents in order to get a piece of the commissions for the resulting sales. ';For Sale by Owner'; houses are very rarely on MLS lists--that was the whole idea, an individual did not want to pay commissions to someone else to sell their house. This can save thousands of dollars, especially if the agent simply listed the house and let others sell it--in exchange for a piece of the pie. The big suits, big offices, and big cars are obviously paid for from something, so some people want to sell a house not give big profits to someone who lies (sells) to people all day. It is a pretty cynical thing, but then sales people often deserve the reputation the cynics hold of them.
Nope, you'll have to scour the newspaper ads or drive the neighborhoods you are interested in to find ';For Sale by Owner'; homes. PS: Be sure to get your own appraisals and inspections and a real estate lawyer, because sometimes these owners deserve a bad reputation too.Need To Look For a House That Is FOR SALE BY OWNER AND I HAVE THE NUMBER . I DONT WONT TO FILL OUT FORM?
Try realtor.com. It is not the most up to date but it does give you a field to enter an MLS number and it does have nationwide coverage.
There isn't really any public database for looking up MLS numbers -- you would have to have a real estate agent look up the number in their system. The MLS system is only made available to licensed real estate agents. Sorry, I know it's a PIA. Thankfully, I have a friend who got his hands on the software and lets me use it.
I'm buying a home for sale by owner.I have my loan whats next?
you and the seller have to meet with the closing agent and the seller must deliver a waranty deed to close the dealI'm buying a home for sale by owner.I have my loan whats next?
Hire a closing attorney. They'll walk you through the rest.
Hire a closing attorney. They'll walk you through the rest.
For sale by owner VS. Realtors and real estate agents?
what would my savings be if i sold my home by owner rather than useing an agent or realtor?For sale by owner VS. Realtors and real estate agents?
7% usually. But you will be out the advertising and time showing it. I've done it several times and I thought it was worth it.For sale by owner VS. Realtors and real estate agents?
No, homes sold by owners usually sell for 10% less than homes listed with Realtors.
Not to mention the money spent of advertising, fliers etc...
A licensed Realotr is up todate on your local community guidelines and R. E. Laws in your state...it makes every sense to use a Realtor.
It will make you money and save time and headache!
You'd save about 6%; but:
The buyer will offfer you less
The Real Estate agent has buyers; you don't
You may not price your property to sell
The RE agent can get more
RE brokers will call you to try to list it
You can't put it in the multiple listings
etc
or you can save some money by getting your real estate license, list the house yourself and then you get 3% back of that 6% commission.
The realtor's commission which can be from 1-10% of sale price, depending upon the listing agreement of course.
There wouldn't be a savings for you because the market is SOOO flooded with homes for sale that a for sale by owner will fall through the cracks. You are going to reach about 1/10 or less of the people a realtor will reach. Also buyers want to work an agent because the buyers don't have to pay the agents commission. So for no cost they get someone to find them what they, show it to them and do all the paperwork on legal forms that are backed up by a brokerage and have someone to do everything to watch out for them, keep them in the deadlines, and get the loan closed in thier best interest. So most don't look at for sale by owners because they most likely be working with a realtor. If you get a realtor, get one that does allot of advertising (which realtors pay out of pocket whether you sell or not) and will always answer thier phones. I am a realtor but I have done my research on for sale by owners because I also build homes for a living. Any other questions and or advise? teesha@cbstgeorge.com
7% usually. But you will be out the advertising and time showing it. I've done it several times and I thought it was worth it.For sale by owner VS. Realtors and real estate agents?
No, homes sold by owners usually sell for 10% less than homes listed with Realtors.
Not to mention the money spent of advertising, fliers etc...
A licensed Realotr is up todate on your local community guidelines and R. E. Laws in your state...it makes every sense to use a Realtor.
It will make you money and save time and headache!
You'd save about 6%; but:
The buyer will offfer you less
The Real Estate agent has buyers; you don't
You may not price your property to sell
The RE agent can get more
RE brokers will call you to try to list it
You can't put it in the multiple listings
etc
or you can save some money by getting your real estate license, list the house yourself and then you get 3% back of that 6% commission.
The realtor's commission which can be from 1-10% of sale price, depending upon the listing agreement of course.
There wouldn't be a savings for you because the market is SOOO flooded with homes for sale that a for sale by owner will fall through the cracks. You are going to reach about 1/10 or less of the people a realtor will reach. Also buyers want to work an agent because the buyers don't have to pay the agents commission. So for no cost they get someone to find them what they, show it to them and do all the paperwork on legal forms that are backed up by a brokerage and have someone to do everything to watch out for them, keep them in the deadlines, and get the loan closed in thier best interest. So most don't look at for sale by owners because they most likely be working with a realtor. If you get a realtor, get one that does allot of advertising (which realtors pay out of pocket whether you sell or not) and will always answer thier phones. I am a realtor but I have done my research on for sale by owners because I also build homes for a living. Any other questions and or advise? teesha@cbstgeorge.com
I offered on a house w/ a realator, it was refused. I am buying one for sale by owner, do I owe realator fees?
It depends.
Did you sign a buyer agency agreement with this realtor? If so, then yes, you may owe them a commission no matter which house you purchase - until the end of the agreement.
If you didn't sign a buyer agency agreement, then you can buy any house you want and not owe a commission to the realtor - UNLESS they showed you the house first.
Your post doesn't cover this, but is this the same house that you saw with the realtor and is it now a FSBO?I offered on a house w/ a realator, it was refused. I am buying one for sale by owner, do I owe realator fees?
You may have to if you signed a contract with the realtor. Better check it out first.I offered on a house w/ a realator, it was refused. I am buying one for sale by owner, do I owe realator fees?
No you don't
Did you sign a buyer agency agreement with this realtor? If so, then yes, you may owe them a commission no matter which house you purchase - until the end of the agreement.
If you didn't sign a buyer agency agreement, then you can buy any house you want and not owe a commission to the realtor - UNLESS they showed you the house first.
Your post doesn't cover this, but is this the same house that you saw with the realtor and is it now a FSBO?I offered on a house w/ a realator, it was refused. I am buying one for sale by owner, do I owe realator fees?
You may have to if you signed a contract with the realtor. Better check it out first.I offered on a house w/ a realator, it was refused. I am buying one for sale by owner, do I owe realator fees?
No you don't
Thursday, August 19, 2010
Homes for sale by owner in wolcott, ct. 06716?
I do not see a question. This advertisement should not be in Yahoo Answers!
Homes for sale by owner in wolcott, ct. 06716?
realtor.comHomes for sale by owner in wolcott, ct. 06716?
Try here, I found 11 for sale:
http://www.isoldmyhouse.com/
Try here, I found 11 for sale:
http://www.isoldmyhouse.com/
Preforclosure- For sale by owner- Legal fees?
We are going to be foreclosed on. No sherrifs sale date yet. I was wondering of we could sell our home without a broker, approx how much would lawyers fees be? I am interested in hearing from anyone who had similar situation %26amp; how you handled it. Preforclosure- For sale by owner- Legal fees?
First thing first. Contact your lender and try to work with even if you are in the foreclosure process. Secondly get your house on the market FSBO ASAP. Contact a local title agency they will help with the legal stuff including contracts and let you the cost of there services. Stay proactive. You do not need a Realtor but they can be very helpful if you can find someone who is a short sale expert and can show you that they are.
Right now there are a lot of rentals out there and you just need to be honest when renting. Maybe put up 2 months rent in advance and take it off last payment of the year so that it is a win win for everyone. Best of Luck to you.Preforclosure- For sale by owner- Legal fees?
Have you been told by your lender that you will be foreclosed on? Is this the 1st lien holder? How many mortgage payments are you behind? Was your house kept out of the bankruptcy?
I have read that both Fannie Mae and Freddie Mac have declared a moratorium on foreclosures through the holiday season. Can this work for you?
Where are you located? Is it a decent real estate market and your situation is unusual? Even areas without depressed real estate markets are suffering with the global economic situation.
This may not be the time to consider trying to sell the property yourself. Bad time of year, bad time of the economy, bad time in your life ... if you think you are stressed now, just wait. Seriously, selling your property is not an easy task.
I suggest you talk to 2 or more local licensed real estate agents who are experienced in short sales. Having the experience is critical to relieve you of some of the pressure.
Some lenders will work with you to offer a house as a Short Sale and let you live in it during the process. Most lenders will require that you use a licensed real estate agent when attempting a short sale. The real estate commission will be between the lender and the agent(s) involved. Usually agents accept a lower commission for short sales, at least in my marketplace.
If this is not an option for you, you probably should see about renting a place and moving on. Now is not a good time for you to be totally stressed out about bad past decisions.
Good luckeye make up pores
First thing first. Contact your lender and try to work with even if you are in the foreclosure process. Secondly get your house on the market FSBO ASAP. Contact a local title agency they will help with the legal stuff including contracts and let you the cost of there services. Stay proactive. You do not need a Realtor but they can be very helpful if you can find someone who is a short sale expert and can show you that they are.
Right now there are a lot of rentals out there and you just need to be honest when renting. Maybe put up 2 months rent in advance and take it off last payment of the year so that it is a win win for everyone. Best of Luck to you.Preforclosure- For sale by owner- Legal fees?
Have you been told by your lender that you will be foreclosed on? Is this the 1st lien holder? How many mortgage payments are you behind? Was your house kept out of the bankruptcy?
I have read that both Fannie Mae and Freddie Mac have declared a moratorium on foreclosures through the holiday season. Can this work for you?
Where are you located? Is it a decent real estate market and your situation is unusual? Even areas without depressed real estate markets are suffering with the global economic situation.
This may not be the time to consider trying to sell the property yourself. Bad time of year, bad time of the economy, bad time in your life ... if you think you are stressed now, just wait. Seriously, selling your property is not an easy task.
I suggest you talk to 2 or more local licensed real estate agents who are experienced in short sales. Having the experience is critical to relieve you of some of the pressure.
Some lenders will work with you to offer a house as a Short Sale and let you live in it during the process. Most lenders will require that you use a licensed real estate agent when attempting a short sale. The real estate commission will be between the lender and the agent(s) involved. Usually agents accept a lower commission for short sales, at least in my marketplace.
If this is not an option for you, you probably should see about renting a place and moving on. Now is not a good time for you to be totally stressed out about bad past decisions.
Good luck
Any Experience Using For Sale By Owner On MLS service?
When the time comes to sell by condo in the next 3 to 6 months or so I am considering using for sale by owner on MLS. More details on this service is located at http://www.massforsalebyowner.com/ . If I use this service I would definately consider compensating a buyer's broker which a 2 to 2 1/2 % commission. What has your experiences been with for sale by owner services? Are they worth it?Any Experience Using For Sale By Owner On MLS service?
First, 2-2 1/2% is NOT the going rate. It needs to be 3%.... lots of buyers agents see 2% and dont want to waste their time when they have a buyer who could buy something else.
Second, you can't just ';consider'; paying the buyer's agent, YOU HAVE TO. NO ONE will look at your property via the MLS if you dont. Buyers are used to having an agent and they aren't going to see it in the MLS and then just go FSBO. You also cant put in your descrition that its a FSBO, atleast not by Northwest Standards-- this is a violation of the MLS.
I think its just hokey. As a buyer's agent, I wouldn't want to deal with a FSBO seller. THey're less informed and require just as much babysitting at the buyer. I'd rather work iwth another professional.
You can try listing int he papers and putting a sign out or fliers first, and dealing directly with buyers. But if you're going the MLS route, buck up and atleast get a discount real estate agent at 4-5%.Any Experience Using For Sale By Owner On MLS service?
don't bother doing a FSBO.
get a realtor, and agree to a commission when you list the property.
using a realtor to sell your home will produce a higher sales price as well as a faster sale.
unless you yourself are a realtor or a real estate attorney, i do NOT recommend trying to FSBO. No agent is going to want to work for half the money to do twice the work. you wouldn't do twice what your work is, only to get paid half of what you deserve.
think about it.
First, 2-2 1/2% is NOT the going rate. It needs to be 3%.... lots of buyers agents see 2% and dont want to waste their time when they have a buyer who could buy something else.
Second, you can't just ';consider'; paying the buyer's agent, YOU HAVE TO. NO ONE will look at your property via the MLS if you dont. Buyers are used to having an agent and they aren't going to see it in the MLS and then just go FSBO. You also cant put in your descrition that its a FSBO, atleast not by Northwest Standards-- this is a violation of the MLS.
I think its just hokey. As a buyer's agent, I wouldn't want to deal with a FSBO seller. THey're less informed and require just as much babysitting at the buyer. I'd rather work iwth another professional.
You can try listing int he papers and putting a sign out or fliers first, and dealing directly with buyers. But if you're going the MLS route, buck up and atleast get a discount real estate agent at 4-5%.Any Experience Using For Sale By Owner On MLS service?
don't bother doing a FSBO.
get a realtor, and agree to a commission when you list the property.
using a realtor to sell your home will produce a higher sales price as well as a faster sale.
unless you yourself are a realtor or a real estate attorney, i do NOT recommend trying to FSBO. No agent is going to want to work for half the money to do twice the work. you wouldn't do twice what your work is, only to get paid half of what you deserve.
think about it.
Selling a home For Sale by Owner (FSBO). Received a call from a Realtor two days ago and the Realtor said....
that they will be faxing an offer over that night. I didn't receive the fax offer that night and the next morning I called the Realtor and he said that he would be sending the offer shortly. Well, two days later I still have not received the offer to Purchase my home from this Realtor?
Does this normally happen in the Real Estate World?
Should I give the Realtor another phone call to check up on the status of this offer?
I really don't want to call again and look to desperate and get a lower offer.
Suggestions on what I should do?Selling a home For Sale by Owner (FSBO). Received a call from a Realtor two days ago and the Realtor said....
Did the realtor actually bring someone to look at the house? If not, then how the heck does he have an offer? If he did bring someone over, then you would know if the party was interested or not.
If he actually brought some one he is working with over to see the house and has a valid offer, then he will be in touch within 72 hours. If not he is full of bologna or he is busy trying to talk those folks into something else that is a moresure thing for his commission. I would just wait it out.Selling a home For Sale by Owner (FSBO). Received a call from a Realtor two days ago and the Realtor said....
ask my dad he would know...
Smart move. They are checking how desperate you are..
DUDE or dudette, YOU are your own realtor--the OTHER realtor is just trying to get you to sign your house with THEM...there is no ';offer';--they want you to get all juiced up thinking your house is FINALLY FREAKIN' SOLD and...
then they HOOK YOU!
Stay strong my friend, the force is with you.
Or break down, pay their stupid and ridiculous realtor fees and associated crap and sell your house thru them.
forget him
don't do it!
let them come to you.
tell them you need to consider other offers as well.
if the deal is good accept. if not decline.
This Realtor, and i am using the term very loosely is just trying to get you to list you home with him.
Don't fall for it.
be patient
dont call him again, stick to your guns your doing fine
Ignore the realtor. He's trying to get you to list your place with him.
If he actually does bring an offer, tell him that you are FSBO and will pay NO MORE than the usual split commission (3% - 3.5% depending upon where you are). Get that agreement IN WRITING before you look at the offer. Have your attorney review it before signing. If he's a buyer's agent, he won't have a problem with this arrangement.
Exactly.
Do not call him. He will call you if he is serious.
The realtor is trying to see how desparate you are. When he does fax the offer, wait a few days before replying.
Happens all the time.
Is selling your home yourself really the best use of your time? Real estate agents sell about 80% of real estate in this country.
There is a lot more to it than the 4 ';P';s of real estate: Putting a sign in the yard, Putting an ad in the paper/internet, Putting it in the MLS, Praying that it will sell. Realtors are trained in all aspects of real estate from staging, properly placing your home in the market place, producing ad material and brochures, compliance with state %26amp; federal laws (which FSBO sellers are not exempt from, but are usually very ignorant of), pre-qualifying, matching appropriate buyers to your home and securing suitable financing.
Realtors ';screen'; who sees your home and know something about them before they get there, reducing the opportunity for thieft. How does- better yet how can a FSBO do all of that and maintain their full time job? Virtually impossible!
Realtors pay for themselves in that they usually secure substantially higher contract prices for the home than FSBO sellers, in turn helping maintain neighborhood values, putting more money in the seller's pocket, and they are more likely to timely get the seller out of an investment that no longer works thereby stopping further investments in the no longer wanted investment.
A missed sale cost the entire sale, as in missed opportunities. Would you hire a surgeon with a 10% success rate? 20% of real estate is not sole by Realtors, meaning that of the 20% remaining, some are builders with in house agents, some are corporate relocation companies, and some are real FSBO. Statistics show that about 80% of sellers who start out as FSBO usually, following a failed contract or several weeks on their own end up placing their property in the hands of a Realtor. Realtors are connected and co-operate with each other, even from other real estate companies, to put sales together and reduce market time and expenses for all concerned.
There are some licensees, as in any industry that do not need to be in the business, but by far if you select a full broker with professional designations you typically will get a good one. You do get what you pay for in the business world. Pay too little and you have a potential failure situation. Pay too much and you end up short. Interview the broker you want to use and choose the best qualified broker. Brokers can own their own brokerage or manage a brokerage for another broker; affiliate or associate brokers must work under a broker and have fewer licensing requirements. Brokers have more training and usually more experience, and the brokerage fee is the same.
Get the full broker.
It sounds like the old bait and switch. He is baiting you to call him and then claim that you ';hired'; him for the job of selling your property. That way, when you have a sale, he can claim that you reneged on your contract and that he is entitled to six percent of the sale, which is absolutely false.
Realtors are sometimes scummy, scummy people. Don't fall for it. Don't call him or leave any recorded message that can be used against you in the future. If he really has a client interested, he will definitely let you know. Make sure that you PAY NOTHING on his commission. The most he is entitled to, if he helps someone buy the property, is 3% and that will be paid by the buyer. Of course, you can use it as a bargaining chip...
Best of luck to you!
Call the realtor and tell them you have another bid on the table and you would like to know what he wants to do...like make a higher offer. Play hardball! It's ok to lie about it. If he says he does not want to bid on the house, then just stop calling him and let him assume (if the house does not sell for a while) that the other (fake) offer fell through.
You have to be smooth about it though. You do not need to tell him what the fake offer is or who it's from. Just that the offer is there and you are giving him a fair warning that it will soon sell. Realtor's are pretty slick themselves. He may be holding out; hoping that the house does not sell for awhile and he can make a lower offer.
Yes, these things do happen. If I were you, I wouldn't call the real estate agent again. If you do, she/he may think that you are desperate, and lowball you. Good luck!
Does this normally happen in the Real Estate World?
Should I give the Realtor another phone call to check up on the status of this offer?
I really don't want to call again and look to desperate and get a lower offer.
Suggestions on what I should do?Selling a home For Sale by Owner (FSBO). Received a call from a Realtor two days ago and the Realtor said....
Did the realtor actually bring someone to look at the house? If not, then how the heck does he have an offer? If he did bring someone over, then you would know if the party was interested or not.
If he actually brought some one he is working with over to see the house and has a valid offer, then he will be in touch within 72 hours. If not he is full of bologna or he is busy trying to talk those folks into something else that is a moresure thing for his commission. I would just wait it out.Selling a home For Sale by Owner (FSBO). Received a call from a Realtor two days ago and the Realtor said....
ask my dad he would know...
Smart move. They are checking how desperate you are..
DUDE or dudette, YOU are your own realtor--the OTHER realtor is just trying to get you to sign your house with THEM...there is no ';offer';--they want you to get all juiced up thinking your house is FINALLY FREAKIN' SOLD and...
then they HOOK YOU!
Stay strong my friend, the force is with you.
Or break down, pay their stupid and ridiculous realtor fees and associated crap and sell your house thru them.
forget him
don't do it!
let them come to you.
tell them you need to consider other offers as well.
if the deal is good accept. if not decline.
This Realtor, and i am using the term very loosely is just trying to get you to list you home with him.
Don't fall for it.
be patient
dont call him again, stick to your guns your doing fine
Ignore the realtor. He's trying to get you to list your place with him.
If he actually does bring an offer, tell him that you are FSBO and will pay NO MORE than the usual split commission (3% - 3.5% depending upon where you are). Get that agreement IN WRITING before you look at the offer. Have your attorney review it before signing. If he's a buyer's agent, he won't have a problem with this arrangement.
Exactly.
Do not call him. He will call you if he is serious.
The realtor is trying to see how desparate you are. When he does fax the offer, wait a few days before replying.
Happens all the time.
Is selling your home yourself really the best use of your time? Real estate agents sell about 80% of real estate in this country.
There is a lot more to it than the 4 ';P';s of real estate: Putting a sign in the yard, Putting an ad in the paper/internet, Putting it in the MLS, Praying that it will sell. Realtors are trained in all aspects of real estate from staging, properly placing your home in the market place, producing ad material and brochures, compliance with state %26amp; federal laws (which FSBO sellers are not exempt from, but are usually very ignorant of), pre-qualifying, matching appropriate buyers to your home and securing suitable financing.
Realtors ';screen'; who sees your home and know something about them before they get there, reducing the opportunity for thieft. How does- better yet how can a FSBO do all of that and maintain their full time job? Virtually impossible!
Realtors pay for themselves in that they usually secure substantially higher contract prices for the home than FSBO sellers, in turn helping maintain neighborhood values, putting more money in the seller's pocket, and they are more likely to timely get the seller out of an investment that no longer works thereby stopping further investments in the no longer wanted investment.
A missed sale cost the entire sale, as in missed opportunities. Would you hire a surgeon with a 10% success rate? 20% of real estate is not sole by Realtors, meaning that of the 20% remaining, some are builders with in house agents, some are corporate relocation companies, and some are real FSBO. Statistics show that about 80% of sellers who start out as FSBO usually, following a failed contract or several weeks on their own end up placing their property in the hands of a Realtor. Realtors are connected and co-operate with each other, even from other real estate companies, to put sales together and reduce market time and expenses for all concerned.
There are some licensees, as in any industry that do not need to be in the business, but by far if you select a full broker with professional designations you typically will get a good one. You do get what you pay for in the business world. Pay too little and you have a potential failure situation. Pay too much and you end up short. Interview the broker you want to use and choose the best qualified broker. Brokers can own their own brokerage or manage a brokerage for another broker; affiliate or associate brokers must work under a broker and have fewer licensing requirements. Brokers have more training and usually more experience, and the brokerage fee is the same.
Get the full broker.
It sounds like the old bait and switch. He is baiting you to call him and then claim that you ';hired'; him for the job of selling your property. That way, when you have a sale, he can claim that you reneged on your contract and that he is entitled to six percent of the sale, which is absolutely false.
Realtors are sometimes scummy, scummy people. Don't fall for it. Don't call him or leave any recorded message that can be used against you in the future. If he really has a client interested, he will definitely let you know. Make sure that you PAY NOTHING on his commission. The most he is entitled to, if he helps someone buy the property, is 3% and that will be paid by the buyer. Of course, you can use it as a bargaining chip...
Best of luck to you!
Call the realtor and tell them you have another bid on the table and you would like to know what he wants to do...like make a higher offer. Play hardball! It's ok to lie about it. If he says he does not want to bid on the house, then just stop calling him and let him assume (if the house does not sell for a while) that the other (fake) offer fell through.
You have to be smooth about it though. You do not need to tell him what the fake offer is or who it's from. Just that the offer is there and you are giving him a fair warning that it will soon sell. Realtor's are pretty slick themselves. He may be holding out; hoping that the house does not sell for awhile and he can make a lower offer.
Yes, these things do happen. If I were you, I wouldn't call the real estate agent again. If you do, she/he may think that you are desperate, and lowball you. Good luck!
For Sale By Owner? Sell my home myself & save realtor fees...?
I don't really want to rent a storage unit. Do I need to?
I don't really want to take down my decor because I'm a professional graphic artist and I think it looks good...Do I need to?
I've cleared out all other personals (photos, personal items) during any showings or open houses.
How long should I leave it on the market before listing with a realtor?For Sale By Owner? Sell my home myself %26amp; save realtor fees...?
If you do not sell it within a few weeks you aren't going to. I would not waste more then a month.For Sale By Owner? Sell my home myself %26amp; save realtor fees...?
Its ok for you to have your stuff in there just make sure to keep the place clean (as in spotless) and tidy and make sure everything does look nice, as you stated (in fact if it looks really nice it may make the place more saleable, not less). People understand that you are living there, they don't expect it to be empty.
About listing with a realtor, its your call. If you don't get much interest you can try it whenever you feel like it, but you could also just keep lowering the price until you get interest or are not willing to lower it further. Personally I think its better for most people to have a realtor. Its not about marketing the place so much as having someone whos knows the procedure and all the ins and outs of the contracts (so if you get a realtor get ones whos done this for awhile).
If you do go it alone, in most areas you really need to get the place on the MLS. You can often do this by ';listing'; with one of those discount services (save 6 is one of them). They essentially take your listing and put it on the MLS. Do handle all the showings and contracts and everything else, but they only get a set fee (like $500 or something). Of course one problem with this is that by listing on the MLS you will have to pay a buyers realtor about a 3% commission, so you are only saving the 3% (or so) commission your realtor would get. Still I think its worth it as very few buyers don't buy off the MLS where I live.
I think it is helpful to have a trained professional who can guide you through the process. There are a lot of details, (legal, strategy, staging) that an untrained person doesn't know.
We had a great realtor last year who guided us through the staging of our home 鈥?and we had four above-asking-price offers at the first open house - to the closing.
A few things that worked for us were - if you are not FSBO - leave the property during showings and during the inspection. The seller's instinct is to talk too much, or to be defensive. Remember that you want prospective buyers to see *their* future home, not *your* home. (...Another reason not to have too many overly personal items, like photos.)
Also, when showing, make sure all curtains are open, and as many lights on as possible, even on a sunny day. And, a few tidy, cheerful flowering plants at the entryway set a welcoming tone. Remember, too, that it is prudent to secure valuables such as jewelry, and prescription drugs.
I was advised to leave the home furnished for viewing. I was also advised that not everyone may agree with my decor. So I removed some items. However, I sold the home myself and saved the realtors fees. I did remove very personal items as you mentioned such as pics and other personal items. As far as time,,,that depends on how much time you can afford.
In all honesty if a buyer is working with a Realtor their agent is not going to show them your home unless you are offering 3% commission to the agent. Sad, but that is how it works.
Are you listed in the MLS? If not you are going to have a very hard time selling.
Many buyers are not able to see past the decor. Just because you think it looks good does not mean others will. If your colors are neutral and there is nothing attention grabbing that distracts from the house itself you should be o.k.
If you have cluttered rooms you will need to move the clutter out of the house.
Not sure where you are, but in many places it is a horrible time to be a seller.
I can already tell you haven't done any research to buy a home.
A Realtor doesn't MAKE you do anything...they give you advice...it's up to you to take it or not.
Selling a house in this market is tough...you have to appeal to the masses...so if you have your walls in this artistic Barney purple with a custom mural and you think it looks good, then more power to you...but understand that just because you like it doesn't mean another buyer would...and some people can't see past decor they don't like.
That is why people hire Realtors...to take emotion out of the transaction.
Also know that only 5% of all homes are sold FSBO, so you are shutting off 95% of the market by not going with a Realtor. You also have no idea of who is coming through your property as all Realtors are generally fingerprinted and had a thorough background check done before they are given a license in their state.
People also generally don't like touring the home when the owner is there. They like the freedom of being able to open closets, cabinet doors, etc and not feel like they are invading someone's home.
Just some free advice.
The house i currently live in we bought 'for sale by owner' - it went really well and the sellers save about $20,000 in realtor fees. Depending on your location you should prob. leave it on with FSBO for up to 6 months (unless you are in no rush to sell) and then reevaluate going with a realtor.
And NO - do not take down your art (unless it is crude, oddly abstract - anything that would turn a buyer 'off') if its tasteful leave it up, it will only add appeal!
You do not need a storage unit for your things unless you have CLUTTER - the cleaner (emptier) your home (while keeping it furnished) the better. If this requires a storage unit, it will be worth the fees as your home will be more appealing.
Best of luck!
Watch ';Designed to Sell'; every evening on HGTV. They also have other shows on the weekend (especially Sunday morning). Lots of tips.
I don't really want to take down my decor because I'm a professional graphic artist and I think it looks good...Do I need to?
I've cleared out all other personals (photos, personal items) during any showings or open houses.
How long should I leave it on the market before listing with a realtor?For Sale By Owner? Sell my home myself %26amp; save realtor fees...?
If you do not sell it within a few weeks you aren't going to. I would not waste more then a month.For Sale By Owner? Sell my home myself %26amp; save realtor fees...?
Its ok for you to have your stuff in there just make sure to keep the place clean (as in spotless) and tidy and make sure everything does look nice, as you stated (in fact if it looks really nice it may make the place more saleable, not less). People understand that you are living there, they don't expect it to be empty.
About listing with a realtor, its your call. If you don't get much interest you can try it whenever you feel like it, but you could also just keep lowering the price until you get interest or are not willing to lower it further. Personally I think its better for most people to have a realtor. Its not about marketing the place so much as having someone whos knows the procedure and all the ins and outs of the contracts (so if you get a realtor get ones whos done this for awhile).
If you do go it alone, in most areas you really need to get the place on the MLS. You can often do this by ';listing'; with one of those discount services (save 6 is one of them). They essentially take your listing and put it on the MLS. Do handle all the showings and contracts and everything else, but they only get a set fee (like $500 or something). Of course one problem with this is that by listing on the MLS you will have to pay a buyers realtor about a 3% commission, so you are only saving the 3% (or so) commission your realtor would get. Still I think its worth it as very few buyers don't buy off the MLS where I live.
I think it is helpful to have a trained professional who can guide you through the process. There are a lot of details, (legal, strategy, staging) that an untrained person doesn't know.
We had a great realtor last year who guided us through the staging of our home 鈥?and we had four above-asking-price offers at the first open house - to the closing.
A few things that worked for us were - if you are not FSBO - leave the property during showings and during the inspection. The seller's instinct is to talk too much, or to be defensive. Remember that you want prospective buyers to see *their* future home, not *your* home. (...Another reason not to have too many overly personal items, like photos.)
Also, when showing, make sure all curtains are open, and as many lights on as possible, even on a sunny day. And, a few tidy, cheerful flowering plants at the entryway set a welcoming tone. Remember, too, that it is prudent to secure valuables such as jewelry, and prescription drugs.
I was advised to leave the home furnished for viewing. I was also advised that not everyone may agree with my decor. So I removed some items. However, I sold the home myself and saved the realtors fees. I did remove very personal items as you mentioned such as pics and other personal items. As far as time,,,that depends on how much time you can afford.
In all honesty if a buyer is working with a Realtor their agent is not going to show them your home unless you are offering 3% commission to the agent. Sad, but that is how it works.
Are you listed in the MLS? If not you are going to have a very hard time selling.
Many buyers are not able to see past the decor. Just because you think it looks good does not mean others will. If your colors are neutral and there is nothing attention grabbing that distracts from the house itself you should be o.k.
If you have cluttered rooms you will need to move the clutter out of the house.
Not sure where you are, but in many places it is a horrible time to be a seller.
I can already tell you haven't done any research to buy a home.
A Realtor doesn't MAKE you do anything...they give you advice...it's up to you to take it or not.
Selling a house in this market is tough...you have to appeal to the masses...so if you have your walls in this artistic Barney purple with a custom mural and you think it looks good, then more power to you...but understand that just because you like it doesn't mean another buyer would...and some people can't see past decor they don't like.
That is why people hire Realtors...to take emotion out of the transaction.
Also know that only 5% of all homes are sold FSBO, so you are shutting off 95% of the market by not going with a Realtor. You also have no idea of who is coming through your property as all Realtors are generally fingerprinted and had a thorough background check done before they are given a license in their state.
People also generally don't like touring the home when the owner is there. They like the freedom of being able to open closets, cabinet doors, etc and not feel like they are invading someone's home.
Just some free advice.
The house i currently live in we bought 'for sale by owner' - it went really well and the sellers save about $20,000 in realtor fees. Depending on your location you should prob. leave it on with FSBO for up to 6 months (unless you are in no rush to sell) and then reevaluate going with a realtor.
And NO - do not take down your art (unless it is crude, oddly abstract - anything that would turn a buyer 'off') if its tasteful leave it up, it will only add appeal!
You do not need a storage unit for your things unless you have CLUTTER - the cleaner (emptier) your home (while keeping it furnished) the better. If this requires a storage unit, it will be worth the fees as your home will be more appealing.
Best of luck!
Watch ';Designed to Sell'; every evening on HGTV. They also have other shows on the weekend (especially Sunday morning). Lots of tips.
I would like to sell my home independantly (ie: ';for sale by owner';). Has anybody had any success in doing...
... this? What site do you reccomend (live in Canada by the way)? What about documentation- did the site you use provide whatever documents that were required? Can somebody give me soem relevant advice on this please. Thanks.I would like to sell my home independantly (ie: ';for sale by owner';). Has anybody had any success in doing...
In this market I would not recommend it. I was talking to a friend who is a Realtor yesterday.
People are now looking at alot more houses then just looking at a couple.
And They are really Negotiating hard now.
So if your not ready for a Hard sell, Get a Realtor.I would like to sell my home independantly (ie: ';for sale by owner';). Has anybody had any success in doing...
I sold my house not long ago.
There are plenty of places on the internet selling do-it-yourself legal forms and most any would work for you. However, nolo.com has the reputation of being the best in Do-it-yourself legal forms. Their forms have been checked thoroughly by their lawyers.
There are places you can list free on line--search for a site people in your area will see.
I tried spending money on newspaper ads but wasn't having much luck in this tough real estate market getting many responses and felt maybe I was wasting money doing it every week. You might try it for a while though. I'm sure every market is different and there are different newspapers.
The ultimate buyer saw the signs I had put up when they were driving around in the area picking up brochures.
Make yourself a brochure that people can pick up from in front of your house. People pick up several from different houses on the same day, so make sure your sticks out. Definitely have a good picture on the flier so they can remember which house the flier goes with. Be sure to put just about EVERYTHING that is a selling point for your house on the flier. Don't forget the address and your phone number!! Be sure to answer your phone--you may only get one call from some people and they may not leave a message.
If you are willing, offer a discount on your flier equal to 3% of the purchase price. (Which the buyer would pay if you had a real estate agent.)
An interesting feature if you try to market on line or just to put on the flier: the ';virtual online tour';. You can hire someone fairly inexpensively to photograph your house with a special 360 degree camera that shows the inside of your house from all sides in each room, to anyone who looks it up on the internet. (Tell them how and where to view it on your flier.) This sort of pre-qualifies people before they call you because they have ';seen it already';. That cuts down the number of times you show your house to people who would never be interested.
Of course make sure your house looks good when you show it. It may be worth putting a coat of paint on some areas and try to keep the yard attractive. While you show it, point out to the prospective buyers various features they may like but also give them space to look without you always over their shoulders.
Try to keep your house picked up all the time so you can show it on short notice and have it looking great.
It may have been a coincidence, but I was burning scented candles in the house when the prospective buyers came. Supposedly nice smells make people think of it as a 'home'.
The main thing to remember is the more you show it to qualified prospects, the more chances someone will buy it. (';Its a numbers game!';)
Price the house reasonably, but add a little cushion so you can afford to bargain later.
Hope that helps. Good luck!!
In this market I would not recommend it. I was talking to a friend who is a Realtor yesterday.
People are now looking at alot more houses then just looking at a couple.
And They are really Negotiating hard now.
So if your not ready for a Hard sell, Get a Realtor.I would like to sell my home independantly (ie: ';for sale by owner';). Has anybody had any success in doing...
I sold my house not long ago.
There are plenty of places on the internet selling do-it-yourself legal forms and most any would work for you. However, nolo.com has the reputation of being the best in Do-it-yourself legal forms. Their forms have been checked thoroughly by their lawyers.
There are places you can list free on line--search for a site people in your area will see.
I tried spending money on newspaper ads but wasn't having much luck in this tough real estate market getting many responses and felt maybe I was wasting money doing it every week. You might try it for a while though. I'm sure every market is different and there are different newspapers.
The ultimate buyer saw the signs I had put up when they were driving around in the area picking up brochures.
Make yourself a brochure that people can pick up from in front of your house. People pick up several from different houses on the same day, so make sure your sticks out. Definitely have a good picture on the flier so they can remember which house the flier goes with. Be sure to put just about EVERYTHING that is a selling point for your house on the flier. Don't forget the address and your phone number!! Be sure to answer your phone--you may only get one call from some people and they may not leave a message.
If you are willing, offer a discount on your flier equal to 3% of the purchase price. (Which the buyer would pay if you had a real estate agent.)
An interesting feature if you try to market on line or just to put on the flier: the ';virtual online tour';. You can hire someone fairly inexpensively to photograph your house with a special 360 degree camera that shows the inside of your house from all sides in each room, to anyone who looks it up on the internet. (Tell them how and where to view it on your flier.) This sort of pre-qualifies people before they call you because they have ';seen it already';. That cuts down the number of times you show your house to people who would never be interested.
Of course make sure your house looks good when you show it. It may be worth putting a coat of paint on some areas and try to keep the yard attractive. While you show it, point out to the prospective buyers various features they may like but also give them space to look without you always over their shoulders.
Try to keep your house picked up all the time so you can show it on short notice and have it looking great.
It may have been a coincidence, but I was burning scented candles in the house when the prospective buyers came. Supposedly nice smells make people think of it as a 'home'.
The main thing to remember is the more you show it to qualified prospects, the more chances someone will buy it. (';Its a numbers game!';)
Price the house reasonably, but add a little cushion so you can afford to bargain later.
Hope that helps. Good luck!!
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