BESIDES the savings on commissions. Why else would you sell by yourself?
For those of you that have been successful….. How long did it take and how much money did it cost you for advertising and supplies? For those that weren't successful…. How long before you hired a Realtor and how much money did you lose trying to sell on your own?
People tell me that they are unwilling to pay a REALTOR a 6%-8% commission for doing something that they can do as well as a REALTOR. As a REALTOR I not only respect their point of view but also the commitment of time, energy and money that it takes to sell a house. With that said, let me share some statistics. 80% of people that try to sell their home by owner eventually hire a REALTOR. Homes sold by REALTORS net more to the seller than homes sold by owner. ( YES EVEN AFTER PAYING COMMISSION ). REALTORS prequalify potential buyers so that when someone enters your home they are ready, willing and able to buy. Because REALTORS are in the business of selling houses they know how to prepare, stage, price and advertise houses to get the maximum net in the shortest time.
I have some friends that just purchased their first home and got a great rate because of a first time home buyers' discount. But they decide they don't like the place and want to sell. Won't they lose their huge first time home buyer's discount savings when they sell? It seems like that's a pretty significant thing to lose, especially when you were only able to take advantage of the low special rates for less than a year. Is there anything they can do?
No, they didn't get any special discount because they are first time homebuyers–even if they think they did.
Just FYI, mortgage companies consider anyone who hasn't own a home in over three years the same as a first time homebuyer.
Rick Lanicek
www.primelendingonline.com
Here are a few tips on getting your house ready to sell. It’s Spring in the Nation’s Capital and there is no better time to sell your home. Call me today!
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I want to sell my three bedroom home with two full baths. The house also has an in-ground pool and two additional rooms and full bath in the basement. The house has become too big for me since my children are now graduated from college and married.
What do I need to know in order to sell my house the best way?
Well; first thing is to get a Professional Appraisal so you know the fair and proper market value of your home.
2nd is to get a Major Real Estate Company to list your house to sell it for you ……
Ask the realtor how many homes he / she has sold in the last six months ? See how many they have listed now ect …. Go with a company like Century 21, Coldwell Banker, or like I currently have ..Remax !!
Ever try to sell your home with on of those we buy houses fast companies? I have been transferred out of state and needed to sale my home quick. I contacted Property resource Corp. They are the biggest rip offs in town. First they try to buy your home for far less then what it is worth then they try to stick you with outrageous fees. There web site says they don't charge fees but once you read the fine print you find they charge you all kinds of fees. Needless to say I didn't go with this company. I was just wondering if anyone else had similar experiences?
l would rather go with a real estate company rather then them l just don`t trust these kind of companies
We are selling our home ourselves after terrible experiences with real estate agents. We believe a process whereby we ask each buyer to put in their highest offer, and then don’t give them a chance to up that offer if we get a higher offer from another buyer, will make each buyer offer the most they would straight off the bat, no negotiating back and forth. Does anyone know how to do this in a legal manner and what it would cost - is it called sale by tender? Thanks to anyone who helps!
My answer may be biased as I am a REALTOR,in Philly (Yeah the Phillie’s won) ,
Would need to know where you live , If you live in a big city , tender is not a problem, getting the Information to all the potential able and willing buyers is . In case of a small town that is the worst possible as it could lead to a case of Oligopoly and have you get low bids. to avoid that you could have a minimum Bid level. a Cutoff.
Or better still ask around from the people who have all ready bought or sold their houses in the last month ,on whom they recommend, No matter what you feel or think ,the best price 9 out of 10 times a REALTOR can get . Besides that there are a number of Papers and documents that one needs to fill out and one does not need to be a Lawyer or a Rocket scientist ,but one definitely needs to be trained. Also now a days the market is bad and that factor too could eb possible . Have you tried to drop your price to comparable properties around your area ?
When trying to sell your home without an agent, you should take advantage of all the resources available on the Internet. Try different sites like Craigslist, Zillow, and FSBO. One “For Sale By Owner Expert” recommends using many different sites, but linking all the sites back to one main source, to keep everything consistent. Watch this Expert Real Estate Tips video for more ideas on how to use Internet resources when selling your home without an agent.
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Many times, the reason a house sells is circumstance — having the right house for the right buyers at the right time. Former real estate agents and experienced for sale by owner sellers share some of their tips. If you have the skills to be able to sell your own home, you can save yourself a hefty commission.
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As a home seller and depending on the neighborhood, it can sometimes be extremely valuable to you to view all the other homes currently for sale in your neighborhood. This way, you will know exactly what your competition is and how you compare in price and condition. If you disagree or would like to voice your opinion, please feel free to email me at JessicaRiffle@SeaCoastRealty.com For more information on Wilmington, NC Real Estate and Wilmington Luxury Homes, click here!
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Water Source Depending on where your home is located, your water source may be a public or private well, or your city’s local water supply. All of these water sources have their advantages and disadvantages.
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