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For Sale By Owner Listings


Selling your home on your own, without a Realtor, is becoming less and less popular. This is surprising, considering that home values have skyrocketed and commissions have risen along with them.

The money to be saved can be significant enough to attempt to sell your home on your own. Especially when the market has historically low interest rates and high demand in most areas of the country.

To sell your home on your own however, you are missing the most significant marketing tool available to you. The Realtor's Multiple Lisitngs Service (MLS).

70% of all home buyers start out on the web. So it is crucial for you to be in the MLS. But, the challenge has always been that to be in the MLS you have to sign with a Realtor at 6% of your sales price.

So if your home is worth $399,000. You would spend 6% on your sales commissions. Not to mention your title, escrow and other expenses.

So if you sell your house on your own you can save at least $23,940 ($399,000 x 6%).

But let's get realistic. Most buyers work with a Realtor.So you will be spending at least 2% to 3% for the buyers commission.

I say you will be spending because even if the buyer is paying the agent as a buyers broker, that will still reflect a lower offer to that takes into consideration the commission. So you are paying for the commission indirectly-yes?

Additionally, you will find that you will have a much better reach into your marketplace by being in the MLS.

So how do you do this? Well depending on your State you can list your home for a flat fee as low as $500. But, you get listed in the MLS with zero service.

But, you get the reach of all the buyers brokers that subscribe to the MLS and you still save 2% - 3% of the price.

Estate Sale By Owner Listings List on the MLS for less than $500.


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New York Times

Recent Commercial Real Estate Transactions
New York Times
A local real estate investor has bought this 6,200-square-foot, five-floor apartment building in the Brooklyn Heights Historic District. The 25-foot-wide building, which does not have a stoop, has five floor-through apartments, of which three are free ...



Houston Chronicle

Why Mattress Firm blanketed the Houston real estate market
Houston Chronicle
On the newest episode of Looped In, Nancy Sarnoff and Chronicle retail reporter Paul Takahashi take a deep dive into Mattress Firm's strategy of "over-storing" and talk about where the company -- now in Chapter 11 -- goes from here. Houston retail ...



Curbed

Climate change and the coming coastal real estate crash
Curbed
The Sand Palace story also underscores a new reality that's been slow to dawn on many involved in coastal real estate: Climate change, and the accompanying rise in sea level and storm activity, will require expensive investments and shake the ...



Brownwood Bulletin

Dear Monty: 5 critical components for successful real estate investing
Brownwood Bulletin
Reader Question: I am considering investing in real estate. Can you explain how people avoid taxes just by owning property? Monty's Answer: Real estate investors do not invest in real estate to avoid taxes. They invest in real estate to build wealth.



Real Estate Q3 Earnings Preview | Seeking Alpha
Seeking Alpha
Earnings season kicks off this week in the real estate sector. More than 100 REITs and 10 homebuilders will report third-quarter earnings over the next five wee.

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FOX31 Denver

A+ Real Estate School
FOX31 Denver
If you dream about being your own boss and having limitless income potential now is the time to start a new career in the real estate industry. A+ Real Estate School is a leader in the real estate education. They can get you started and on top of tends ...



Forbes

How Real Estate Investors Can Make The Most Money Flipping Houses
Forbes
Real estate data company ATTOM reported the average profit on house flips in the United States was $65,520 in the second quarter of 2018. But ATTOM also notes that this is most likely not an accurate number to use for what professional flippers make on ...



The Seattle Times

Dino Rossi has done well in real estate, but his work is also fodder for campaign opponents
The Seattle Times
That refers, in part, to Rossi's association in the 1980s and 1990s with Melvin Heide, the owner of Capretto and Clark, a real-estate firm that went bankrupt, leaving a sea of bad debts and fraud allegations that eventually landed Heide in prison ...



Houston Business Journal

Transwestern creates 'strategic alliance' with Canadian commercial real estate firm
Houston Business Journal
Houston-based Transwestern Commercial Services and Canada-based Devencore announced Oct. 16 that they have formed a strategic alliance to extend their commercial real estate services. Combined, the two firms have 45 offices across North America, ...
Transwestern forms alliance with Canadian real estate firm DevencoreHouston Chronicle
Transwestern forms alliance with Canadian real estate firm DevencoreChron.com

all 7 news articles »


Deadline

CBS Television City To Be Sold To LA Real Estate Firm Hackman ...
Deadline
CBS has selected LA real estate investment firm Hackman Capital Partners as the winning bidder for the company's Television City facility.

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