Selling Your Home Quickly OnlineSelling Your Home Quickly Online

When selling a home, a real estate agent typically earns a six percent commission. While six percent doesn't sound that high, for a $350,000 home that's $21,000 to your agent. In an effort to save money, more and more people are turning to selling their homes without the assistance of an agent.

Until recently, individuals were at a great disadvantage due to a lack of information on the laws and traditions regarding home sales. Agents not only have years of experience, but also have access to the necessary forms. With the help of the internet, the playing field has been leveled and by-owner sales are increasing.

Keep in mind, selling your home yourself does require work. You aren't going to magically sell your home - it will take time and dedication. Everyone wants the savings, but you must decide if you are up to the task yourself. Only about 15% of homeowners sell their own homes, the other 85% percent either don't have the time, are intimidated by the process, or simply aren't interested in handling the negotiations themselves.

If you are up for the task, there are several websites geared toward for sale by owner (FSBO). A simple google search will yield several sites to choose from. One thing to keep in mind is the traffic those sites receive. Just listing your house on the internet is not enough, you must be sure people will find your listing.

These sites will not sell your home for you, hence the term for sale by owner, but they provide you with the tools you will need. They understand that you will be doing all the work the agents typically perform and provide you with the necessary education and materials.

Websites serving FSBO allow you to easily create a virtual listing with pictures and description of your home. They will also supply a sign to be put in your yard with your web listing. Buyers who are interested in your home are able to get all the information from your listing - including asking price, square footage, amenities, school districts, and in some cases they can even learn if they are qualified to buy.

By the time potential buyers contact you, they should be what is referred to as a "hot prospect". Of course this doesn't mean they will definitely buy your home, but it's better than a uniformed buyer off the street. When you do find someone interested in purchasing your home, your FSBO website will offer help with inspections, disclosures, reports, and the proper documentation. Some sites even offer assistance with escrow and closing.

When you're selling your own home, be prepared for closing once an offer is made. You need to take it to your lawyer. If you don't like the offer, don't just turn it down. Make a counter offer. Don't be afraid to negotiate in ways other than dollars and cents in a tight real estate market. Maybe you can leave the window treatments or appliances. You're better off making a few concessions than to wind up with another six months of mortgages payments on a house you no longer want to live in.
by Jason Kay
References and Bibliography
Join the best For Sale By Owner site and sell your home with no commission. Create a free FSBO listing at FREEhomeownerlistings.com.
Rated:NR/0 Votes
5 Views
Add To My Article Reading List
Add To My Article Reading List
Print Article
Print
More Article By Jason Kay
More Article by Jason Kay
Share
More Articles From Real Estate
More Articles From Real Estate
Related Articles and Readings
Where to Post Free Home Listings By: Jason Kay
With the economy still slumping and the housing market in a free-fall a common question these days is where to post free home listings Finding places that allow you to post free home listings is ever increasing in popularity as the number of people ...
Home Hunting and the Internet By: Sameer Panjwani
So, it's home hunting time. Where do you start? Who do you contact? Well, home hunting has been made much easier with the advent of the Internet. There are plenty of websites these days with huge numbers of real estate listings, which make the task of finding a home so ...
Ono Island, Al Pre-Foreclosures For Sale By: Tami Roberts
It is evident that the housing market over the past several years has undergone a drastic change The real estate market which was at an all time high at one point has been replaced by record numbers of bank seizures and foreclosure ...
Tips on How to Profit from eBay Buy It Now Auction Listings By: Ben Catt
eBay is an online auction site so it stands to reason that most users will tend to auction off their items aiming to get a high price.The problem with auctioning items is that eBay can be a very fickle place, one week an item may sell for hundreds of pounds ...
Foreclosure Listings Places to Find Foreclosure Listings Online By: Carrie Reeder
Finding a reputable list of foreclosed homes online has never been easier. If you are hoping to purchase an inexpensive home, a foreclosed property may be the answer. Each year, millions of homeowners fall on hard times, which make them unable to maintain regular monthly mortgage ...
The information provided in this article and/or the comments is the sole responsibility of their respective authors and does not necessarily reflect the opinion of ezinepost.com. ezinepost.com  does not endorse any article and/or comments published by our web users unless otherwise noted. 

Member Panel

login to submit articles and more

StatisticsEZINEPOST.COM

  • » Active Categories: 419
  • » Active Articles:251893
  • » Active Authors:32244
  • » Active Members: 31843
  • » Statistics Updated:
    - Sun Apr 1st, 2018 06:13PM EST