Real Estate Information

Luxury Real Estate Information


Rancho Palos Verdes, California Homes
Palos Verdes, California Homes
South Bay, California Homes
Luxury Mexican Beachfront Homes

Featured Properties


Oceanfront Estate Near Trump National

Related Information


Loan Information
Real Estate Information
Mortgage Refinance 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:
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


Wall Street Journal

Luxury Real Estate Runs Hot and Cold in Europe
Wall Street Journal
After a long, steep downturn, real estate in the French capital has finally got its joie de vivre back. The political landscape under President Emmanuel Macron, along with low interest rates, have helped reverse prices' downward trajectory. The average ...



Miami Herald

Some impacts of new tax law on local real estate are clear. Some aren't.
Miami Herald
Even though the sweeping tax reform bill was signed into law on Dec. 22, the massive document is so dense that even seasoned real estate professionals aren't entirely sure what it will mean for Miami. While some of the bill's real estate provisions are ...



Bangor Daily News

Miami real estate developer buys former Bangor Macy's
Bangor Daily News
A subsidiary of Lionheart Capital, a Miami-based real estate development and investment company, closed on its purchase of the former Macy's department store property at the Bangor Mall earlier this week. Ten-X, the online auctioneer that sold the ...
Florida Real Estate Company Purchases Former Macy's at Bangor MallWABI

all 2 news articles »


Press Herald

Southern Maine's real estate market still riding high, experts say ...
Press Herald
But headwinds from a stalled marijuana industry and an abundance of hotels in Portland could slow further growth, said presenters at the Maine Real Estate and Development Association forecasting conference Thursday. By J. Craig AndersonStaff Writer ...

and more »


The Mercury News

Transcript: Trump dossier initially focused on real estate
The Mercury News
WASHINGTON — Research that led to the creation of a dossier alleging a compromised relationship between President Donald Trump and the Kremlin focused in its early stages on his real estate projects, a history of his tax disputes and “opaque” business ...

and more »


Gecina: Parisian Real Estate Player To Have A Strong 2018
Seeking Alpha
The company has made some excellent strides recently, and shareholder value has been increasing. Recent efforts on specializing on Parisian real estate assets (shedding non-core assets), as well as a recent combination with Eurosic, makes Gecina a very ...



Forbes

3 Commercial Real Estate Trends To Watch In 2018 - Forbes
Forbes
Political and economic uncertainty has pervaded the past year, with the U.S. economy showing signs of growth amid low inflation and a distressed retail segment in 2017. Here's a look at three commercial real estate trends to watch in 2018.

and more »


It May Not Be Time To Fear Stocks Yet, But Perhaps Real Estate
Seeking Alpha
Euphoria seems to be taking over the stock market with frequent stories of new highs - but what is more important is how strong the stock market performance is relative to the bonds. Month-to-date through Jan. 18, 2018, the S&P 500 is outperforming the ...



Bitcoinist

Spain: First Real Estate Sale Using Only Bitcoin in Country
Bitcoinist
Mister Piso, a real estate company based in Spain, has sold the first piece of real estate using Bitcoin as legal tender. The company is hoping that a shift into cryptocurrency could accelerate sales and revitalize the housing sector. Bitcoin and ...

and more »


The Advocate

Stamford couple forms successful real estate team
The Advocate
STAMFORD — Barbara and Harry Webski make a good real estate team: she sells homes and he runs a construction business. And it doesn't hurt that they've been married for 43 years. “We've been doing this together a long time,” said Harry Webski ...

and more »

Google News

home | site map
© 2006 TIGER MEDIA