Real Estate Information |
|
Selling Your Home - Alone or with a Broker?
How do you decide whether to sell your home (or land, farm, ranch, etc.) on your own or use a real estate broker? There are pluses and minuses to each approach. Let's look at some of the key ups and downs. Only you can decide which approach has the most pluses in your situation. Why go FSBO? "FSBO" stands for "for sale by owner" and tells buyers you are not using a realtor to represent you. The biggest upside to going FSBO is you save thousands of dollars in broker commissions when you sell the property. This may seem obvious, but the savings are very real. The downside to going FSBO is it takes your time to market and show the property. (You'll need to prepare your property for sale in either case, but that's a whole separate topic.) You also need to be familiar with how the real estate sales process works in your part of the country. It isn't necessary to be an expert; just make sure you understand what things one must generally deal with in a real estate sales transaction. Also, it's important to have access to the helpers you need. Examples include a lender who is willing to qualify your prospective buyers, someone qualified and willing to draw the sales contract and a person or firm qualified to close your sales transaction. Fortunately, there are many lenders and settlement offices willing to work directly with the principals to a transaction. And, for the brave and hopefully, very experienced, there are on-line, fill in the blank, sales contracts. Why use a broker? Does the above discussion leave you feeling insecure instead of alert, thoughtful, and excited? If so, you probably want a real estate broker to sell your home for you. Other instances when you may want to use a broker include: 1. Inexperience - If you have not had much experience buying and selling homes, a broker may be the answer. 2. Local Conditions - Are you aware of the unique issues of the geographic location? If you have bought and sold in Virginia (where termites and radon are concerns) and you are now planning to sell the one home you've owned in Colorado (where water and mineral rights might be on the discussion table), it's possible you may want a broker. 3. Time, Time, Time - If your profession provides for you and your family very well, but takes up enormous amounts of your time, ditto. 4. If you have no notions about how you'd go about marketing your home using the Internet, magazines, newspapers, bulletin boards, brochures, signs, word-of-mouth, etc., a broker can get you the marketing exposure you need. The Right Choice? There is no one right choice. Only you can decide what's best for you. Hopefully, this look at the pros and cons will get your mental juices flowing nicely. I hope your sale goes smoothly. Raynor James is with http://www.fsboamerica.org - providing homes for sale by owner, "FSBO", properties. Are you thinking, "Should I sell my home?" Visit http://www.fsboamerica.org/seller.cfm to sell your home sale for free for one month.
MORE RESOURCES: Real-estate agent explains new fees to homebuyers, he's not worried Business Insider Dr. Phil left speechless after real estate agent claims that squatting is justified by colonization New York Post Think You Can Buy a Home Without a Real Estate Agent? You Can—but Here's Why You Might Botch the Job Realtor.com News Inside Chris Pratt and Katherine Schwarzenegger's Real Estate Portfolio Architectural Digest Banks Believe They Are Well-Prepared for Commercial Real Estate Fallout The Wall Street Journal Google's Strategic Job Cuts Reflect Ongoing Cost-Cutting Measures, Affecting Real Estate and Finance Departments Yahoo Finance Real estate expert says several factors impact farmland prices brownfieldagnews.com LOCAL REAL ESTATE TODAY 4.19.24 – KQEN News Radio kqennewsradio.com The Michael Houck Real Estate Guide for April 20 and 21 Oil City News How environmental insurance diligence can shape commercial real estate transactions Insurance Business EG Real Estate: Busy Spring Market – East Greenwich News East Greenwich News The HYM Investment Group, Cathexis and National Real Estate Advisors Announce Pre-Leasing at Amaya Boston Real Estate Times Real-Estate Agents, Investment Advisers Chafe at New Anti-Money-Laundering Rules The Wall Street Journal East Bank Master Developer Agreement with The Fallon Company Approved Boston Real Estate Times Big Tech Is Downsizing Workspace in Another Blow to Office Real Estate The Wall Street Journal Top 25 Columbus Residential Real Estate Deals for January 2024 Columbus Monthly Healey-Driscoll Administration Names Alison Brizius New Coastal Zone Management Director Boston Real Estate Times Favourable Signals For Bridgemarq Real Estate Services: Numerous Insiders Acquired Stock Yahoo Finance An investigation into the University's controversial real estate holdings Johns Hopkins News-Letter How Real Estate Helped Taylor Swift Become A Billionaire Yahoo Finance Darien and Rowayton Real Estate Report: April 11 to 18 darienite.com Prologis Warns of Slowing Industrial Real-Estate Market The Wall Street Journal SAGE Investment Real Estate Advisors sells 24-unit Bergen County garden-apartment complex ROI-NJ.com S.F. housing market: Still very few homes, selling even faster San Francisco Chronicle Tortured Poets or Real Estate Rock Stars? Taylor Swift's Past Boyfriends—and Their Incredible Homes Realtor.com News Robin Hunden of Hunden Partners honored with Jeffrey D. Fisher Real Estate Legacy Award from Indiana University's ... Daily Herald Oregon Senate strengthens consumer protections in real estate transactions Curry Coastal Pilot See the latest Coles County real estate transactions Journal Gazette / Times-Courier SVN|J. Beard Real Estate adds chief investment officer to Houston office – REJournals REjournals.com Robert Bailey on Real Estate TPG Online Daily Downtime: Pairing wine and real estate RichmondBizSense Two Weichert real estate agents in Willmar recognized for work in 2023 West Central Tribune Importance of home inspections in Indianapolis real estate WISH TV Indianapolis, IN Real estate brokerage firm Marcus & Millichap arranges $12.8 million sale of Fayetteville, NC mobile home park ... Greater Fayetteville Business Journal Real Estate Broker Commission Settlement ClassAction.org 21 Largest Real Estate Companies in the World Yahoo Finance Navigating the changing role of real estate agents WISH TV Indianapolis, IN West Orange NJ: Home designed by Edward Bowser Jr. for sale NorthJersey.com Toles, Temple & Wright Welcomes David Tucker as Newest Real Estate Agent Northwest Georgia News PICTURES: See Inside Johnny Cash's Spectacular Real Estate Holdings Taste of Country Celina’s first Walmart to be part of bigger vision for fast-growing city The Dallas Morning News Meet Samantha: Your A.I. Real Estate Agent of the Future The World Property Journal Solano Real Estate Scene: Homelessness, drug addiction and Theft Reduction Act Fairfield Daily Republic TikTok’s Origin Story: Court Files Show Role of GOP Megadonor Jeff Yass The New York Times How Alexico's $180 Million Deal With St. Francis College Fell Apart The New York Times Housing Market Predictions for 2024 & 2025 Remain Subdued Norada Real Estate Investments Richland County OH real estate transactions recorded April 5-12, 2024 Mansfield News Journal China home prices slumped in March as property crisis drags on Business Insider Owatonna named finalist in state real estate awards Southernminn.com Long-term exclusive property listing contracts now illegal in Arizona The Arizona Republic Real estate mogul concerned how Americans will deal with squatters: ‘Something really bad is going to happen’ Fox Business |
RELATED ARTICLES
Property Types A, B, C And D One of the biggest problems individuals just starting out have is the type of property they look for, and working outside their immediate area. One of the constants around the country and for every state, is that there are the most desirable areas to live and the least desirable; and then those that fall in between. Buying an Unfinished Home Maybe Your Answer For the first time "want-to-be" homeowner, purchasing an unfinished new home maybe just the answer. With mortgage interest rates still at record lows, there has not been a better time to purchase a home in decades. Stopping Home Foreclosure with Bankruptcy Bankruptcy Will Stop Your Sale - At Least For NowFor $395, you can stop your sale- at least that is what the ads say. You are about to find out how bankruptcy can be good or very damaging. A Difference Between Appraisal, Assessment, Home Inspection Every one should have a home inspection before purchasing any property, including new construction. You may think that's rediculous but there are too many cases that prove otherwise. Investment Concerns for Selling Your Home Besides the emotional upheaval of uprooting from your home, your property is most likely the biggest investment you have ever made, and its sale causes financial stress as well. You must protect your investment nest egg and secure your future. Refinancing Your Home Loan? When Should You Refinance Your Home? If you have a current mortgage and are unhappy with the interest rate or the amount of the monthly payments, it is possible to refinance your home and eliminate your problems. But before you call your lender, there are some questions that you should ask yourself in order to determine whether or not it's the right time for refinancing your mortgage loan. Home Staging: How to Make Your Tract Home Stand Out in the Crowd Home sellers who wish to market their property in development neighborhoods face tough challenges. All the houses look similar. Late Mortgage Payments Sabotage PMI Cancellation There's something you should know about PMI!Private mortgage insurance is commonly referred to as PMI. If a buyer makes a down payment of less than 20% of a home's value the lender will insist that a premium for PMI be added to every monthly payment. Choosing a Residential Lot Finding a lotPlanning for your new home is a very involved process. You might want to get right down to selecting a set of house plans but don't get into a hurry. California Home Seller Disclosure Duties Property Condition - Seller's What to Expect During the Inspection ProcessThe Transfer Disclosure Statement (T.D. The 5 Biggest Mistakes Made When Getting A Business Appraised Most business owners will, at some point, want or need to know how much their business is worth. They will be faced with the task of finding someone to perform a business appraisal or valuation. Are You Trying to Hit a Home Run With Your Prospects Without Asking Them on a Date? Real Estate email marketingDo you remember the old School girl/boy game of "Around the World", or "Around the Bases"? If you got a kiss you got to First Base. A french Kiss was Second Base. Reinventing Real Estate, Part 1: Online and Empowered Consumers Are Taking Charge and Paying Less For decades, the real estate world turned in a predictable manner. The roles of buyers, sellers and real estate professionals were fairly well defined and transactions followed a predictable path of yard signs, newspaper ads, open houses and miles of paperwork. How I Became a Real Estate Investor Recently I closed on the sale of two homes. They were located about a mile apart and had comparable market values. Directionals Move Properties One of the most effective and frequently overlooked methods of filling or selling a property is the use of directional arrow signs. I'm guilty of it myself, although usually I'm merely lazy instead of overlooking this great marketing technique. Cape Coral Realtor As the second largest city geographically in Florida, this beautiful southwestern attraction is located on the banks of the Caloosahatchee River. It also lies between the Gulf of Mexico and part of the Intracoastal Waterway. Relocation Humor: Why I Bought A House The Rental Experience in South FloridaReaders: This is based on a true experience -- only slightly exaggerated -- part of my life of adventure.If I had read my own book, Making the Big Move, and followed my own advice, none of this would have happened! A word to the wise . Real Estate Investing - Finding Cheap Houses Real estate investing expertise can certainly accommodate the luxury home market. In some ways, the upper end of the housing marketplace produces easier success than the lower end. Why Mobile Homes? There are mobile homes for sale, for much less than stick-built houses, in most areas of the country. Despite persistent predjudice against them, and sometimes the people living in them, mobile homes are the cheap housing choice of millions. Selling Your Home - What Can Go Wrong With Title and Lenders If you're selling your home, there are going to be difficulties at some point in the transaction. Some problems can't be fixed. |
home | site map |
© 2006 TIGER MEDIA |