Can you really sell your property yourself or do you need a real estate agent? Are you capable of being a "for sale by owner?"
Do you really need a real estate agent? Can you sell your property yourself? It has been estimated that by 2010 50% of homes for sale will be for sale by owner. Overall the population has become more intelligent when it comes to real estate. More and more people are realizing that they have the ability to control their own financial affairs such as selling their own property. With the internet being as efficient as it is, people know that the information they seek is available at their finger tips. With this new found ability to take charge, you the seller DO NOT need a real estate agent to sell your property. You can sell your property yourself and do just as good a job as an agent. Yes, agents are convenient and if you don't mind the commission fee then your all set...maybe.
"The List" To Be On To Sell Your House
Some agents are very good at what they do, but many times all you get when you contract with an agent is your listing on the MLS, multiple listing service. That is "the list" to be on to sell your house. All real estate agents have access to this list and can find property to suit their clients. (Do know that if a buyer's agent finds your real estate on this list they usually require a commission of 3%, although this can be negotiated to be split between the buyer and the seller.) Many times agents advertise your property with a mass ad along with all the other properties that they represent. Unfortunately, that is usually the extent of advertising for you. Although, if they listed your home or property on the MLS then they are the contact for other agents that want to bring clients to view your property. Wouldn't you rather be the contact? Do agents bring you all offers? Remember they are trying to make the most commission.
Flat Fee MLS Listing Service
Did you know that you can list your own property on the MLS? It's a great secret of For Sale By Owners. There are flat fee mls listing services right on the internet. The fee ranges from about $300 to $600 according to the options or extras you choose. These services are quite impressive, complete do it yourself. Doesn't that beat a staggering commission? Sorry realtors, but we have to face the truth, this is the age of do it yourselfers and they're becoming smarter than ever!Did you know you don't need banks to sell your house either? You should consider seller financing also. There are so many options. You don't even have to carry the mortgage that you develop for the buyer. You can sell that mortgage immediately to get all cash for your property if you desire. The answer is YES, you are capable of selling your property yourself!
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