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Real Estate Information |
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Selling by Owner = Saving by Owner?
According to the National Association of Realtors, For Sale By Owner (FSBO) home sellers comprised nearly 14% of all home sales in the United States in 2003. The Boston Globe reported that nearly 25% of homes sold in that area during that same time period were FSBOs. Although many FSBO home sellers have saved thousands of dollars in commissions, many others have lost money, and current statistics show that 80% of FSBOs will eventually list their homes after unsuccessfully trying to sell their homes themselves. However, if you're thinking of trying to sell your home without the aid of a real estate agent, here are a few tips for getting the most from the experience: Leave Your Emotions Out of Your Sales Process Selling your home often can be a painful experience, so it's important to emotionally detach yourself from your house and try to think of it as an investment in your future. Try not to be affected by unkind remarks you may hear from prospective buyers trying to get you to lower your price by attacking various features of your house. And although you should call your house a "home" to prospective buyers, think of it as just a "house." Set the Right Sales Price Of course, you want to get the highest price possible, but pricing your home too high will keep it on the market too long, which will lead people to think there's something wrong with your house. Look at the other homes being offered for sale in your market and compare them to yours, in terms of square footage, number of bedrooms, lot size, and other features that are similar to yours. Be objective, and then price your home according to your findings. You might consider setting a price range, instead of a fixed price, if you're considering helping potential buyers with their closing costs. Advertising Signs: Pick up directional signs at a home improvement store, list your phone number and the address of your home on them, and then display the signs in prominent places around your neighborhood. Most buyers use the services of a Realtor to look for a new home, but if your home's in a desirable neighborhood where other houses are also for sale, potential buyers may see your signs and come back later to visit your home. Place a professional-looking sign in your front yard, featuring your phone number in print large enough to be easily read from the street. Flyers: Think like a marketing guru and create a sizzling sales flyer, listing all the benefits and features of your home. Newspapers: Pick up copies of all the newspapers and advertisers in your area, and look at them, imagining that you're the one looking for a home in your area. Then create an ad of your own, copying ads that most attract your eye. Make sure to list benefits to potential buyers and not just the features of your home. Showing and safety: Ask prospective buyers for their phone numbers before you give out your address over the phone, and then call them back to verify the information. Also, make sure to have someone with you when you're showing your home to strangers. If you find that you need to turn to an agent for help, here are some tips for finding the right one to sell your home: Bear in mind that many real estate agents will make unreasonable promises to sell your home for a high price, but they're only hoping to get the listing. Like buying anything else, you need to be informed, so it's important to compare services. Interview several agents, ask for referrals from satisfied clients, and then call those home sellers. Saving On Real Estate Agent Fees You also have the right to negotiate the broker's commission. Since most homes are sold by a selling agent, rather than the listing agent, why pay 3% to the listing agent for just listing the home? Ask for a 1% listing commission if the agent does little to market your home. You might also offer to pay less to the selling agent--2.5% is a common percentage in high- priced areas--or point out to potential listing agents that since your equity is less than the selling price, you want to pay a percentage based on that figure, rather than on the sales price. Most areas also have flat-fee brokers. Some will charge a percentage of the sales price, while others may charge as little as a flat $395 to list your home with the Multiple Listing Service. Decide which services you're actually going to need, such as yard signs, showing help, and contract preparation, and then match your needs to the services offered. Selling your home yourself should mean that you save money on real estate fees. But if you're not a savvy salesperson, you could actually make more money and sell your home faster by hiring a go-getter real estate agent. (c) Copyright 2005 Jeanette J. Fisher. All rights reserved. Professor Jeanette Fisher, author of Doghouse to Dollhouse for Dollars, Sell Your Home for Top Dollar--FAST, Home Staging, and other books teaches Real Estate Investing and Design Psychology. For more articles, tips, reports, and newsletters, see http://www.sellfast.info/
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Real Estate Corner: Tolerable touch-ups Conway Daily Sun Being catfished or lured into a relationship by means of a fictional online persona is the plight of many single folks these days. You show up for the first ... Scottsdale-based Certa automates licenses for real estate and more AZ Big Media Certa, a new software platform that manages licenses, certifications and continuing education, launched today after six months of beta testing. Certa, created by ... Striking Gold: Two forces in Hartford real estate buy downtown’s ‘Gold Building’ for $70.5 million Hartford Courant Downtown Hartford's One Financial Plaza -- the “Gold Building” -- sold Friday for $70.5 million, the first change in ownership for the city's signature skyscraper in ... Mark your calendars: These are Chicago’s top real estate events next week The Real Deal Three real estate industry events are on the calendar in Chicago next week. On Wednesday, REJournals is holding its 2nd Annual Deconstructing Deconversion ... 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Starwood Real Estate Income Trust Buys Jacksonville Office Portfolio GlobeSt.com JACKSONVILLE, FL—Miami-based Starwood Real Estate Income Trust has purchased an 11-building office portfolio in the Deerwood Park submarket of the city ... High and low real estate transactions listed for Huron County Norwalk Reflector The following real estate transactions represent the highest and lowest amounts recorded in Huron County for the week ending May 17: High: $1011128 ... Real Estate Market Trends: Nine Ways To Separate Signal From Noise Forbes The market is always fluctuating in some way, but in order to be successful, you must be able to separate signals from noise when trying to understand ... From Steel City to Tech Town: Pittsburgh’s Real Estate Renaissance Mansion Global Pittsburgh is in the midst of reinventing itself. Pennsylvania's Steel City is fast transitioning from a post-industrial Rust Belt locale to a hub for technology, such as ... Baltimore processes 462 real estate transactions manually, off normal pace Maryland Daily Record Baltimore processed 462 applications for property deeds via a manual workaround while city computer systems are held hostage by ransomware, but that's well ... Octorara Area eyes lower real estate tax increase LancasterOnline Octorara Area School District business manager Jeff Curtis advised the board May 20 he will have a revised version of the 2019-20 budget ready next month, ... REAL ESTATE Q&A: MAMMOTH'S GREEN NEW SPIEL The Sheet By Paul Oster Q: We read that many of the younger community leaders are taking strong environmental positions and even want to make Mammoth Lakes a ... Show Me The Money: Real Estate Revenue In The Modern Age Of Home Flippers Forbes As a new wave of innovators, we should challenge ourselves to give consumers certainty, convenience and transparency into the realities of this business. US opens antitrust probe of real estate brokerage industry Crain's Cleveland Business From Bloomberg: U.S. antitrust officials are investigating potentially anticompetitive practices in the residential real estate brokerage business, with a focus on ... Real Estate Fresh Finds: May 22 PoPville Real Estate *Fresh* Finds is a weekly selection of newly-listed properties in the District, brought to you by Real Living At Home. Featured Property of the Week: ... Newcomer's News: East Austin Real Estate Spectrum News AUSTIN, Texas -- Austin's east side continues to change, and is one of the fastest-gentrifying neighborhoods in the city, which creates a hot spot for the real ... Sponsored: Real Estate Confidential: Luxury Waterfront Opportunity: Main Street, West Chop Martha's Vineyard Times Real Estate Confidential is a weekly chit-chat about new listings, sales, or other insider info on the Martha's Vineyard Real Estate market, by Fred Roven, ... Amazon real estate chief: ‘I want to change the way that people work within the four walls’ GeekWire Amazon doesn't just innovate on behalf of customers. The tech giant also comes up with new ideas to help its own employees. That's playing out with how ... How Tech Is Re-Shaping Real Estate Hawaii Business Magazine Two Hawai'i-based startups are using property technology – “PropTech” – to drive innovation in condos and other buildings. We are living in the rising Third ... Lambda Alpha International to host drone, real estate presentation Paradise Valley Independent The Phoenix chapter of Lambda Alpha International (LAI) will host “How Will Drones Impact Commercial Real Estate” Wednesday, May 29, at Phoenix Country ... Berkshire region real estate sales May 5-11, 2019 | theberkshireedge.com Adams. 3 School St: James R. Burt and CIT Bank NA of Adams to FNMA, $25,000 on 05/10/2019. Dalton. 25 High St: John R. Bourque of Dalton to Joshua D. Climate change risk showing up in real estate MPR News The concept is pretty simple: Rising seas higher storm surges, and unprecedented flooding adds up to more risk for trillions of dollars of real estate. What The Bond Market And Real Estate Market Are Telling Investors Seeking Alpha Corporate debt-to-EBTDA is near an all-time peak. Treasury yields across the curve – 2s, 3s, 5s, and 10s – presently trade below the Federal Funds Rate (FFR) ... Mark your calendars: These are NYC’s top real estate events next week The Real Deal Next week brings another group of real estate events! On May 29, ULI New York is holding an event on Population Trends and How They Impact The Way We ... Cushman & Wakefield Buys Austin Operations of Peloton Commercial Real Estate D Magazine Peloton Commercial Real Estate has sold their Austin operations to Cushman & Wakefield. The purchase includes 5 million square feet of office, retail, industrial, ... Recent Commercial Real Estate Transactions The New York Times $9.6 MILLION. 2474 Valentine Avenue (between East Fordham Road and East 188th Street). The Bronx. This five-story walk-up in the Fordham Heights ... New platform that automates real estate transactions just launched The Real Deal FlareAgent has joined the wave of tech firms aiming to transform the real estate industry with new software that streamlines the transaction process. Blackstone targets $5 billion for latest real estate debt fund Crain's New York Business Blackstone Group LP is seeking $5 billion for its latest fund that invests in real estate debt, according to a person familiar with the matter. The vehicle, Blackstone ... Henrico real estate investment firm buys high-rise office towers in St. Louis suburb Richmond.com Henrico County-based Lingerfelt CommonWealth Partners LLC acquired two high-rise office towers in a St. Louis suburb. Coles County real estate transactions | Local Journal Gazette and Times-Courier Farmland, Charleston, PIN 12-0-00237-000, $808000, Brenda J. Holmes to Molly B. HolmesFarmland, Charleston, PIN 08-0-00202-000, $808000, Brenda J. SEC charges real estate developer with fraud in Ponzi scheme Inman.com The U.S. Securities and Exchange Commission (SEC) filed an emergency action Thursday against New York State real estate developer Robert Morgan, ... MDJM Ltd Extends Primary Real Estate Agency Services Contracts of Vanke Xilu Projects GlobeNewswire TIANJIN, China, May 24, 2019 (GLOBE NEWSWIRE) -- MDJM Ltd (Nasdaq: MDJH) (the "Company" or “MDJH”), an emerging, integrated real estate services ... Enterprise Ethereum Alliance Releases Report on Blockchain Use Cases in Real Estate Cointelegraph The Enterprise Ethereum Alliance (EEA) has detailed several blockchain use cases relevant to the real estate industry in a report shared with Cointelegraph on ... Brooklyn Real Estate Six Months Later: Two in Contract, One Off the Market, One Still Available Brownstoner This week, our look back at four of our featured listings from six months ago focuses on homes in Carroll Gardens, Park Slope, Bed Stuy and Boerum Hill. Real Estate Transactions: May 24, 2019 The Recorder ASHFIELD Roger P. Fega Estate, Cynthia D. Holmes, personal representative to David J. Barcomb and Victoria J. Fredrick of Whately. Sears Road. $215000. American IRA Discusses Why a Self-Directed Real Estate IRA May Be the Best Investment Vehicle Yahoo Finance American IRA discusses combining the growth potential of real estate and the tax protections of an IRA, real estate can be a powerful way for retirement ... Is Intercontinental International Real Estate Investment Company (ATH:INTERCO) Potentially Underrated? Yahoo Finance Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Intercontinental International Real ... Risky Business? New Report Says Lenders Are Holding More Real Estate Debt Than Thought Fortune Commercial real estate lenders may have their hands full in the event of a recession, according to a new report. U.S. lenders have “much greater risk exposure ... Corporate Real Estate Transformation: How Workplace Management is Evolving Entrepreneur Important trends that have emerged to encourage individuality and community. Sold: Search the latest Macon County real estate transfers Herald & Review Decatur. 1023 W. Aspen Trail, $144,000, Mark Younker and Pamela Younker to Gayle Seger. 2302 W. Center St., $66,000, Joshua R. Rose to Robert Walters ... Real-Estate Stocks in High Demand as Trade Battle Brews The Wall Street Journal Many investors are turning to real-estate stocks as a safe haven during the U.S.-China trade dispute that has been whipsawing the stock market. Real-estate ... 13 real-estate agents reveal the strangest and most extreme requests they've ever received from clients Business Insider Business Insider surveyed real-estate agents around the country about the strangest requests they've gotten from clients. Musk, Bezos Bringing Real Estate Growth To This City; John Stamos' Home For Sale Cheddar Cheddar breaks down the latest news in real estate, including Google's latest NYC purchase and Elon Musk's property influence. thumbnail · WATCH NEXT. Macy's Making “Great Real Estate Play” with Herald Square National Real Estate Investor Macy's Inc's plan to build a tower on top of its Herald Square store to unlock value of real estate. Agents As Influencers: How Instagram Has Changed Real Estate Marketing Forbes The stakes have been raised and real estate marketers are taking *content* creation to the next level. As a result, they're able to capture the attention of buyers ... FlareAgent, a platform that automates real estate transactions, launches out of YC TechCrunch The real estate industry is experiencing a bit of a rejuvenation. After years resisting the influence of tech, the industry is now feeling the entrance of e-buyers, ... What's the latest in NOLA real estate? WWL News, Talk, Sports Radio Station National real estate analysts say it's a buyer's market! Newell talks to Wade Ragas, a real estate consultant and economist, about what's happening in New ... Real Estate – May 23 Greenfield Daily Reporter The following real estate transfers were recorded recently in the Hancock County Recorder's Office:April 241434 N. 700W LLC to Charles and Kim M. Rayne, ... Why Short-Term Rentals Are Real Estate Investing's Future Forbes If you are an early adopter, there is a huge opportunity to maximize your ROI with STRs. Maya Train will trigger 150bn pesos in real estate investments: Fonatur Mexico News Daily The Maya Train project will trigger real estate investment of at least 150 billion pesos (US $7.9 billion), according to the chief of the National Tourism Promotion ... This millennial used scholarship money to buy property in college—now his real estate company is worth $3.8 billion CNBC Many college students living on a tight budget take on side-jobs just to scrape together and save enough money to help them pay off student loan debts down ... Meet the 31-year-old African American CEO aiming to revolutionize real estate investing CNN Ryan Williams is on a mission to revolutionize the stodgy real estate industry. Amazon HQ2 pushes Arlington median home price up: Virginia real estate Curbed DC Amazon's impending move to Northern Virginia has had a significant impact on home list prices in Arlington County, a new analysis by online real estate ... Blackstone’s next real estate debt fund is aiming for $5B The Real Deal Blackstone is aiming to raise $5 billion for its latest real estate debt fund. The fund, Blackstone Real Estate Debt Strategies IV, will have an emphasis on the U.S. ... Avoid These Top 7 Real Estate Investing Mistakes Forbes Property investment isn't as simple as buying a house, filling it with tenants and raking in the cash for your retirement fund. East Greenwich woman accused in real-estate scam pleads not guilty The Providence Journal PROVIDENCE — An East Greenwich woman pleaded not guilty Thursday to charges accusing her of bilking $4.7 million from close friends and family in a ... Real estate transfers: May 13 - 17 Toledo Blade LUCAS COUNTY 43504 Commercial Noe Jerrold X & Karen A Co-tr to Noe Jeffrey A & Jesslyn J (orsurvtc), 12302 Sylvania Metamora Rd, Berkey, $110000, ... Spain’s Richest Person Bets Billions on Prime U.S. Real Estate Bloomberg Amancio Ortega is a Spaniard conquering the U.S. in the 21st century. HAVE YOU HEARD? Upstate offering more castle than cabin Real Estate Weekly A newly listed home in upstate Tuxedo Park is being offered for $2,375,000 by Ellis Sotheby's International Realty. The 6.8-acre gated glass house (pictured top) ... East Greenwich woman pleads not guilty in real estate scheme case WPRI 12 Eyewitness News Monique Brady, 44, of East Greenwich, pleaded not guilty to charges that she pocketed millions of dollars from investors in what prosecutors called a "Ponzi-like" ... Feds freeze Miami condos tied to Argentinian drug trafficking and money laundering scheme The Real Deal A handful of condos in Miami were frozen by the U.S. Department of the Treasury as part of an Argentinian drug trafficking and money laundering scheme. See inside 'true' mid-century modern house, on market for $1.05 million Knoxville News Sentinel A "glass pavilion in the woods" sits as a prime example of mid-century modern architecture. Columbus nations fourth-hottest real-estate market in April The Columbus Dispatch Central Ohio was the fourth-hottest real-estate market in the nation in April, a month after being the nation's hottest market.The country's hottest real-estate ... Marine towing magnate’s trust sells waterfront Fort Lauderdale home The Real Deal The trust of a towboat company magnate sold a waterfront Fort Lauderdale estate for $8.1 million. Waterfront planners push real estate leaders on district's potential, future Austin Monitor For roughly half a decade, whenever Alan Holt has talked with community members about the scope of the planned South Central Waterfront District – a ... Random Lake Tahoe real estate ramblings Tahoe Daily Tribune It has been a very interesting start to 2019 for real estate sales in Incline Village and Crystal Bay.Inventory levels have remained extraordinarily low while sales ... Need To Know: Melcor Real Estate Investment Trust (TSE:MR.UN) Insiders Have Been Buying Shares Simply Wall St It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also... Real Estate Transfers: May 23, 2019 Riverhead News Review Listings prepared for Times Review Media Group by Suffolk Research *Service*, dated March 25-31, 2019. Challenges of Successful Albuquerque Real Estate Deal CEOWORLD magazine Are you a business owner? Do you reside in Albuquerque? If you answered yes to the two questions, then this article is for you. Specifically, should you seek ... In the High-Flying Hamptons, Real Estate Is in a Rut The New York Times David and Sindhu Nordquist deliberated for years about where to buy a second home, and then last summer, while renting a house in the Hamptons for the first ... Ask a real estate pro: Check your contract to see whether you can get back your deposit Sun Sentinel A reader asks real estate lawyer Gary SInger: I was trying to buy a house, but my loan fell through, and the seller does not want to return my deposit. How can I ... Prominent WNY Real Estate Developer Facing Federal Charges Spectrum News Prominent Western New York real estate developer Robert Morgan is facing multiple federal charges, including conspiracy to commit wire fraud and bank fraud, ... Real Estate Earnings Recap: Housing REITs Lead Recovery Seeking Alpha Following several years of floundering stock price performance, REITs have outperformed in 2019, boosted by receding interest rates and strengthening ... The residential real estate business needs digital disruption The Washington Post It is one of the few sectors of the U.S. economy yet to be transformed by the Internet age. ERA Real Estate partners with HomeAdvisor for concierge services Inman.com ERA Real Estate is launching a series of concierge services for its homebuyer clients as part of a new partnership with HomeAdvisor. ERA Real Estate ... AROUND TOWN: Real estate events you need to know about this week Real Estate Weekly Harshats with Hearts to honor former NFL noce tackle Jim Burt; Black Panther writer to keynote architects conference. 17 real-estate agents reveal the worst parts of their jobs, from the lack of steady income to being on call 24/7 Business Insider Business Insider asked real-estate agents about the worst parts of their jobs. Several agents said it was managing clients' unrealistic expectations. Top 10 Tips For First-Time Real Estate Investors Forbes Real estate can be a tremendous investment opportunity. But when it comes to taking that crucial first step, most people aren't sure where to start. China's Real Estate Market in 2018, Q4 - ResearchAndMarkets.com Business Wire DUBLIN--(BUSINESS WIRE)--The "China's Real Estate Market in 2018, Q4" report has been added to ResearchAndMarkets.com's offering. “China's Real Estate ... Property in Vineland sells for $505,000 | South Jersey real estate transactions NJ.com Here's a roundup of recent home sales in Cumberland, Salem and Gloucester counties. Brady Pleads Not Guilty in $4.7 Million Real Estate Scam East Greenwich News by Elizabeth McNamara | May 23, 2019 | courts, News. Brady Pleads Not Guilty in $4.7 Million Real Estate Scam. Monique Brady, of Lenihan Lane in East ... |
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