Real Estate Information | Let us create a 3d Digital eBook for you! DigyCat.com |
|
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. There is plenty of money in real estate and who wants to split the profits with an agent? You have to ask yourself the question 'Should I try to sell my own home?' Before you stick the black and orange 'for sale by owner' sign on your front lawn here's a few questions you need to answer? "Do I have time to sell my own home?" You guessed it - a lot of the money you are paying your real estate agent pays for their time. When a prospective client is motivated the real estate agent is available to take the call, show the home and follow up the interest. It is vitally important to be available when an interested buyer is ready to act. If you want to keep your cash then be prepared to handle calls in the middle of supper or even the occasional drive-by visitor. Knowing you're saving a few thousand dollars can make this little more than a tolerable distraction. "Do I have the skills to sell my home?" Not everyone is a born salesperson, but that doesn't mean you can't learn. If you find the challenge exciting rather than overwhelming you've got what it takes to pick up a few pointers and sell your home. You'll also have to develop a keen eye for creating appealing ads and learning where to advertise. With the increase in 'for sale by owner' websites you can have your listing made available to a wide audience along with your newspaper listing. "What do I need to know about handling the sale?" All the information you need can easily be found in a book or you might ask someone who has successfully sold their own home. Looking for appropriate legal advice is not only necessary but will also help make the process run smoothly. If you have an interest in selling your own home be prepared for real estate agents to contact you and try to convince you that you're missing out on opportunities that only they can provide. Make it your aim to do a little research, know your market and strategy and you can handle this just fine - and keep your profits for your hard work! Shannon Emmanuel is a freelance researcher and writer. Find out more about real estate investing and selling at http://ask-real-estate-listings.com
MORE RESOURCES: |
RELATED ARTICLES
How to Find the Sweet Spot in Real Estate Investing Psssssssssst, Want to know a great way to make FAST money in real estate? Listen closely now because this tip is definitely cashable.. How to Use the Internet to Help Your Apartment or House Hunting So you are looking for an apartment to rent or a house to purchase. One of the most important steps is researching the neighborhood to decide if you really like to live in that area. What Can I Realistically Earn In A Lease Purchase Business? If you're looking at Lease Purchasing as a business, you'll obviously want to earn much more than the $20,000 per year in our "How To Give Yourself A $20,000/Year Raise Without Asking Your Boss" article. Let's review the numbers from that article: For every 100 calls Sue makes on For Sale By Owner property, she either speaks with or leaves messages for about 60%. Buying Beach Houses in New Zealand: Real Estate and Investment Opportunities Buying a beach house in New Zealand offers many possibilities.New Zealand is made up of two main islands, North Island and South Island, giving it miles of coastal lands and perfect beaches to live by. Apres-Ski European tax haven Andorra enjoys the same fiscal benefits as better known Monaco, adding to property demand from those looking for residency in a tax shelter as well as traditional ski chalet buyers who flock to the country between December and April each year.With the end of the ski season last month many ski resorts in Europe have closed up shop until early December with overseas property owners having little prospect of rental income in the summer months. How to Use Color Psychology to Prepare Your Home for a Top-Dollar Sale (Part 1) You've decided to prepare your home for sale. Whether you sell by owner or hire a real estate agent, you want to get as much money as possible without spending your profits. Thinking About Selling Your Home? Owning a home is the original American dream. It's the old frontier spirit, wanting to claim your own tuft of the New World. Grab Your Dream UK Home On The Cheap - Property Auctions Did you know that every year thousands of UK properties are sold at significantly below market value? The majority of these properties are released through property auctions where regular savings of between 10% to 40% are available to market value. Even so, property auctions continue to be used only by the elite and for the astute buyer/investor this generates a fantastic opportunity to secure a dream home/good investment at bargain basement prices. Lake Property in Danbury A lakeside vacation or second home can be a quiet and relaxing place to escape to, or simply a good investment in your financial future. Whether you enjoy the outdoor activities and recreation provided by one of Connecticut's beautiful lakes, or you just want a place to get away from it all, there is a lakeside home for you in Danbury. How to Sell Your Home Without a Real Estate Agent Considering the rapid rise in home prices over the past several years, home sellers are taking a hard look at the commission they have to pay to a real estate brokerage to market and sell their home. Real estate commissions vary across the country; they average in the four to seven percent range. The Pros and Cons Of Hiring A Real Estate Lawyer You're travelling in a foreign country and you get arrested for something that you didn't even know was against the law. The potential fine is huge, more than you earn in 10 years. Real Estate, Real Property and Leased Land; Definitions, Discussion and Explanations Delaware, and the rest of the original British Colonies, has some land that is leased rather than owned by the residents of that land. Much of it is not evident to the casual observer. Title Insurance - Examples of Problems and Advice What is title insurance and why should any buyer get it when purchasing a home (single family, townhouse, condo, apartment, or whatever format your home purchase takes)? Doesn't the attorney or settlement company handling the closing see to it that you have a clear title? Isn't this just another way for someone to siphon a few coins off a real estate transaction?Title InsuranceTitle insurance prevents the property owner from suffering financial loss if, at any time during his ownership of the property, someone comes along who can show that they have full, or partial, ownership of the property instead. Every mortgage lender I'm aware of requires title insurance be purchased to cover the amount of the mortgage. 18 Easy Steps to Buy a Bargain House What is a "distressed" property? What is "bargain" real estate?A distressed property is one with a distressed seller. Job loss or transfer, divorce, death, pending foreclosure, and lack of money cause sellers to sell fast for less. Feel At Home Faster After You Move Moving to a new community can be a great adventure, if you go with the right attitude and a sound strategy for settling-in. Incorporate these tips into an action plan, and you'll stay focused, organized and proactive-just what's needed to put roots down fast. Lock In Big Profits By Offering Rent To Own Deals Why would anyone accept a lease option, rent to own deal? Why would you, as a seller/investor look to find rent to own tenants? How can you use this technique to LOCK IN profits that are much greater than would be found in a straight sale?Basically, the advantages depend on which of two end results occur: either the rent to own tenant completes on the property, or they don't. You make money either way!There are MANY people who have less than sterling credit, might not have a long time on the job, or not have a ton of money for down payment, closing, etc. How To Find a Real Estate Agent You may be of the opinion that you don't need a real estate agent and that using one will add to the cost of buying your new home.The fact is that a real estate agent's fees are typically paid by the seller of the home. Real Estate Season is Here Yes, it has finally arrived. This is the time of year when the MLS or Multiple Listing Services go up like crazy in all most every city, town and village. Why Use a Property Manager? Most experienced property investors use property managers. Why? Because they make you money. Reprint Rights and How To Use Them To Generate A Steady Income I can't emphasize enough how important it is to have a step by step guide for sellers and tenant buyers. However, many of you are missing out on other income streams that these step by step guides can generate. |
List4Sale Domain Is For Sale - $10,000 For Enquiries eMail Us © www.List4Sale.biz 2012 |