Real Estate Information |
|
How to Sell Your Own Home and Save Thousands of Dollars
Most people take the easy way out when selling their home and hand the responsibility over to a real estate agent, when in fact the average homeowner is capable of selling their own home. Apart from the satisfaction of making the sale yourself there is the bonus of saving thousands of dollars in agents fees. So why do people choose a real estate agent to sell their home? Here are a few reasons, I'm sure you can think of more; - laziness It may not suit everyone to sell their own home but at a guess I would say that 75% of Australians are capable of doing just as good a job as a real estate agent. Let me tell you, it's not as hard to sell a house as you think it is. How do I know? My wife and I have sold our last 2 homes ourselves and saved tens of thousands of dollars. A little bit of common sense is involved. Most people have a pretty good idea what the value of their home is. If not, it only takes a little bit of research or you can employ a licensed valuer for several hundred dollars. Put most of your effort into presenting your property in its best light. Clean, paint, trim vegetation - do whatever is required to get your place looking spic and span. The key to getting a sale on your own is not to be greedy. Shaving a few thousand dollars off the sale price makes it easier to sell your home and you still come out ahead in comparison to paying an agent. Once you are ready to find a buyer then place an Ad in your local paper (not the metropolitan one) and also tell everyone you know and ask them to spread the word. We sold one house by word of mouth and the other through a local advertisement. With the advertisement we priced the house about $5000 under market value and asked for offers over that amount. Before you find a buyer you need a contract form. In South Australia where I live you can get it from a Land Broker or Solicitor. In other States or countries it's usually a Solicitor. What do you do when you've found a Buyer? Your Land Broker or Solicitor will have given you instructions on how to fill out the contract of sale. Basically it involves recording the details of the property being sold and details of the parties to the contract - that is, you (the seller) and the buyer. Once the contract has been filled out and signed by both parties it is returned to the Land Broker or Solicitor to process. From there on it's out of your hands. Still not sure you can do it on your own? If you live in Australia there is another alternative - ANREPS have a range of different services, from Do-it-Yourself with a bit of help, to letting them do it all at a better price than an agent. You can still save thousands of dollars. There may be a similar service in your country. Type "Real Estate Private Sales" into a search engine like Google and see what comes up. Good Luck. Copyright 2005 by Robert Scott, LoanSense.com.au Check out Robert's Home Loan Australia website that is dedicated to helping borrowers get the best possible deal on Home Loans in Australia.
MORE RESOURCES: The Folly of China's Real-Estate Boom Was Easy to See, but No One Wanted to Stop It The Wall Street Journal Judge Approves $418 Million Settlement That Will Change Real Estate Commissions - The New York Times I'm A Real Estate Agent: Here's What Will Happen to the Housing Market If Rent Keeps Rising Yahoo Finance Agencies' headquarters in DC remained 'nearly empty' in 2023, real-estate board finds Federal News Network reAlpha Tech Corp. Launches Claire, Real Estate's First AI-powered, Zero-Commission Smart Buyer's Agent Business Wire Bill Vanderstraaten, Scott Rohrman to join North Texas Commercial Real Estate Hall of Fame The Dallas Morning News Blackstone's Beleaguered Real-Estate Fund Stems Exodus The Wall Street Journal Spokane-based Haven Real Estate Group acquired by Epique Realty Spokane Journal of Business The Highest Paid Execs in Real Estate Mike DelPrete Pigford marks 50 years as licensed real estate agent Meridian Star Kevin Owens joins Scottsdale-based Lessen real estate company | Scottsdale Independent Daily Independent Better Homes and Gardens Real Estate Metro Brokers extends affiliation agreement for 10 years Atlanta Agent magazine Quebec Real Estate Investor Luc Poirier Looks to South Shore Brossard for Future Growth CoStar Group Homes for Sale in New York and Connecticut The New York Times Reversing the Real-Estate Doom Loop Is Possible. Just Look at Detroit. The Wall Street Journal CoStar Group acquires Matterport for digitalizing real estate GIM International Who's Who in Residential Real Estate 2024: Berkshire Hathaway agents - Pittsburgh Business Times The Business Journals Pulled real estate deals highest in Europe since global financial crisis, says MSCI 1470 & 100.3 WMBD Massachusetts housing crisis: Greater Boston Real Estate Board campaign slams transfer fees Boston Herald Real estate transfers GoDanRiver.com Recent commercial real estate transactions - 4/24/24 BizTimes Milwaukee Invest DSM selects real estate firm to manage mixed-use building in Highland Park Local 5 - weareiowa.com Baltimore City: See how much real estate prices increased the week of Dec. 11 - The Baltimore Banner Baltimore City: See how much real estate prices increased the week of Dec. 11 The Baltimore Banner Real Estate Property Transfers in Franklin for April 1, 2024 Williamson Source How restaurants can tailor real estate strategies to an uncertain market Restaurant Business Online What changes to real estate industry commissions could mean for you | Dollars & Sense ABC10.com KXTV Collierville shopping center sold to Atlanta-based real estate firm - Memphis Business Journal The Business Journals Chris Hemsworth's Homes: Inside the Marvel Star's Real Estate Portfolio Architectural Digest Manhattan Real Estate Update: "Embrace the Boredom" westsiderag.com Big changes coming to commissions in July ABC10.com KXTV Choice Properties Real Estate Investment Trust Reports Results for the Three Months Ended March 31, 2024 Business Wire People and Property: Real Estate and Construction News From Around NH New Hampshire Business Review Real-estate agent's ritzy Hamptons home used in fake Airbnb scam Business Insider Sponsor our real estate and development series Racine County Eye Pod People on KWTX@4: Meet the podcast host of "Mosaic - The Stories of Real Estate." - 4.24.24 KWTX Linden Hill Estate in Gladwyne going up for auction in May The Philadelphia Inquirer Fennemore renews Biltmore lease with smaller footprint amid firm's national expansion - Phoenix Business Journal Phoenix Business Journal A 19th Century Real Estate Covenant has Shaped Brooklyn Heights and Incited Litigation Brooklyn Heights Blog Banks Believe They Are Well-Prepared for Commercial Real Estate Fallout The Wall Street Journal Real Estate Sales Include Two Falconer Commercial Properties Jamestown Post Journal @properties and Christie’s International Real Estate opt to settle broker-commission lawsuits Chicago Agent magazine Woman shocked to learn her Hamptons home was fraudulently listed on Airbnb after call to wire $25K New York Post Is The Housing Market Going To Crash? Bankrate.com Real Estate Group Plans Anti-Transfer Tax Campaign State House News Service 'There's just not enough listings out there': A look at the Milwaukee-area's real estate market WUWM Acore Capital raises $1.4bn for US real estate debt fund IPE Real Assets 10 Real Estate Charts Showing What's Next for Housing: Ivy Zelman Business Insider Woodsist Festival Announces 2024 Lineup Feat. Yo La Tengo, Real Estate, Jessica Pratt, & More Stereogum 5 Experts Dish on Philly's Real Estate Market Philadelphia Style | Modern Luxury Inside Bill Gates' real estate, from his Seattle to Florida houses Business Insider Real estate group launches campaign to defeat transfer tax - Boston Business Journal Boston Business Journal Housing Market Alert: Mortgage Demand Dips, Will Prices Crash? Norada Real Estate Investments Judge approves real estate commissions settlement Yahoo! Voices Yo La Tengo, Real Estate, Jessica Pratt, Woods, Bonnie “Prince” Billy Top Woodsist Festival Lineup Glide Magazine Core equity real estate index posts another quarterly loss Pensions & Investments |
RELATED ARTICLES
Finding, Fixing, Financing, and Flipping - The Short Course Most people get involved in Real Estate investing to make money.Pretty self-evident - or, is it?What would you say if I told you that everything you have been taught about Real Estate investing and making money "rehabbing" your real estate investments is wrong?Well, at least, much of it!Let's take a look at something that all too many people don't think about in their real estate investing - something that seems to be a secret formula to bringing in the most cash from your real estate investments. Advantages to Buying or Owning a Condominium Condos have become an increasingly attractive home ownership option for singles, young couples, families and retired couples (that's just about everybody!). A condo is a viable option for anyone who wants to own a home without the worry of repairs, maintenance and dreaded chores like snow shoveling. Homebuyer Heaven Can't Possibly Last With interest rates at record lows over the past year, there's really only one way for them to go, the only question is when. Most experts agree that rates will remain fairly stable in the short term, at least until the end of the year, and some believe they will even decrease slightly. Finding Southern California Real Estate Foreclosure Property Southern california real estate foreclosure:If you want to find southern California real estate foreclose property its best to use services that make it their business to provide listings. At one time finding distressed properties was primarily in the hands of experts that make a full time living purchasing southern California real estate foreclosure property, normally doing some cleanup, repair and restoration and then selling the property for a handsome profit. Buying a Vacation Home You'd like to buy a vacation home, but you're not sure where to begin. Perhaps the single most important point to determine up front is why you are buying a vacation home. For Sale By Owner: The Inside Scoop On Selling Your Own Home If you're thinking about selling your home perhaps the 'for sale by owner' signs posted on neighborhood lawns have intrigued you. When you browse the newspaper listings you see ad after ad boasting 'for sale by owner' as an added incentive for buyers and you envy the owners that are confident enough to try it. Selling Houses: Design Psychology and Interior Colors Interior colors are vitally important to selling your home quickly, and for more money. But you must always take your target market and selling season into account, using Design Psychology techniques, when choosing the colors for the inside of your home. Green Building Media Fact Sheet - Past, Present & Future PastSpecialized, niche home builders began constructing resource-efficient, environmentally sensitive homes in the early 1970s. The home building industry coined the phrase "green building" in the late 1980s/early 1990s, turning a movement into a quiet revolution. Dont be Tempted by We Buy Houses (Updated) Do you want to sell your home right away? Don't be tempted by "We Buy Houses" or "Sell Your House in 9 days for Cash" ads and billboards.Savvy real estate investors run these ads and put up posters looking for sellers under duress. Using Transformation Psychology to Sell Investment Properties Satisfying and lucrative real estate investment depends upon your correct assessment of profit potential, of course, but your ultimate success depends on your ability to transform a doghouse into a dollhouse. The renovation process involves physical work and choosing the best supplies, in order to create maximum positive emotional effect and profits. How to Become a Successful Real Estate Developer Real estate investment and development has never been a more popular pastime or career changing challenge; if you would like to learn seven secrets for consistently successful real estate investing through development or you would like to know how you can continue to profit from property even if the market takes a downward turn just read on?1) Do Your Location Homework - did you know that through successful and sustained location research professional property investors actually continue to profit during a market down turn? It's true - whatever the market conditions you can apply their location research approach to your real estate investments and also make consistent profits from property.Take the necessary time to learn all about a town or city you're considering for your next property development purchase and discover where the up and coming areas of that town are likely to be. What Are the Pitfalls of Marketing a Property Before Its Ready? Selling quickly is a high priority for some home sellers. A job transfer can prompt the need to relocate on short notice. FSBO - How to Prepare Your House to Sell Did you hear that? Prices of houses in Phoenix have been jumping 5% each month for 2005 according to market experts! Some even predict that the price of housing could jump an additional 10% for the upcoming year. The shortage of houses for sales and the still relatively low interest prices are causing the price of homes not just here in Phoenix but nationwide to escalate. Various Aspects Of The Lease Purchase Business In a previous article, we wrote why we believe that Lease Purchasing is the perfect home-based business, here we want to briefly touch on some of the actual aspects of operating such a business, the pluses and minuses and why Lease Purchasing represents a win-win situation for the seller, the tenant/buyer and just as importantly, you, as the business owner. One of your goals in operating a Lease Purchase business is to contract for property that you then move to the tenant/buyer. Buying A Home - Zoning and Architectural Review Board Restrictions When you buy a home, you need to be aware of the various things that can limit your control over the property. This is as true for finished lots and single family homes as it is for townhouses, condos, and apartments. Florida Real Estate Exploding For 15+ More Years? YEEHAW!!!!!! The south will rise again!! Can't you just imagine the Dukes of Hazard boys sitting on the hood of their car (the General Lee) grinning in front of a For Sale sign in their yard? Well, they should be smiling with the prices in the south, and especially in Florida. But will this Florida real estate trend continue? That is the $100,000 question. Theres More To Making Money Than A Tertiary Education An education of some sort is a prerequisite these days if you want to start a secure career in whatever field you choose. However, have you thought about where this will get you exactly? Will it help you achieve all your dreams in life, both financial, physical, emotional etc?This article is focusing on the financial and lifestyle dreams that you may have. How to Choose the Proper Entity for Your Business First, let me state that I'm not an attorney and the rest of this article is just based on my experiences so I'd advise you to contact John Hyre at www.realestatetaxlaw. The Costs of Transforming Your Home into a Buyers Dream House Turning your house into the home of a buyer's dreams doesn't have to cost a great deal of money. In fact, armed with some paint and the determination to work hard, most home sellers usually need to invest only about $500 to spruce up their homes for a quick sale. Moving On: Powerful Tips For Selling Your Home Maybe you're moving to a larger home to accommodate a growing family, relocating for a new career opportunity, or purchasing a townhouse for retirement. Whatever the reason for the move, you'll need to take the necessary steps to sell your home for the best possible price, within a reasonable amount of time. |
home | site map |
© 2006 TIGER MEDIA |