Wednesday, 18 September 2013

Selling Your Property Online

There are two ways to sell your home: by listing it with a real estate broker or by selling it yourself. There are pros and cons to each method. When using a broker, your home will be listed in the popular industry database called the MLS (Multiple Listing Service).
 They will represent your interests throughout the process, and they will do all of the legwork needed to show and sell your home. In exchange for their professional help, you will pay them a percentage of the home’s sale price, which is typically about 6%. Choose wisely when hiring your agent to be sure you have the best person representing you. Find out about their marketing plans for your home, and where they list properties online. Will you get the exposure you need to sell your property for the most money possible?

By selling For Sale by Owner (FSBO), you’ll be representing yourself and serving as your own agent. You will be the one who arranges the advertising, marketing, placement, and open houses. Recent studies have shown that 13% of all homes sold are sold FSBO. The national average per transaction is $9,000 saved on commission costs. With careful research, patience, and common sense, you can successfully sell your own home for a hefty profit!

If selling FSBO, you will quickly find the internet to be an invaluable resource in your sales process.
There are many recommended websites that you should review prior to deciding to sell your property on your own. Try, or Make sure you compare the different online FSBO services before signing up, because they can be expensive. Check to see what the packages include, and the length of each level of subscription.

Whether you use an agent or not, use the internet to determine the best asking price for your house.
Investing in the real estate market - either through buying foreclosure property, tax lien certificates, income generating rental property, or properties found online - can be a profitable business ventures. 

Before getting started investing, get your financial house in order. Reduce your personal expenses, and decrease your liabilities wherever possible. Save your money in high yield deposit accounts until you’re able to jump into the real estate investing. You will need assets in order to get a lender to give you a loan.


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