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.

In The News:

Future of commercial real estate in India - People  Construction Week Online India
Pune's real estate market post pandemic - People  Construction Week Online India
ESG in real estate - People  Construction Week Online India

Part 1: FAQ?s From Media Interviews With Real Estate Author

Do you feel there is going to be a real... Read More

Real Estate Investing: Sales and Negotiation Skills are Critical

Do you want to build wealth through real estate? You... Read More

Bubble, Bubble, Toil and Trouble?

We are selling our house. We have lived here for... Read More

Feel At Home Faster After You Move

Moving to a new community can be a great adventure,... Read More

Build Your Retirement By Investing In Real Estate

Most people buy one or two properties. One is their... Read More

Hiring A Contractor - 10 Mistakes To Avoid

A very smart attorney I know paid $7,000 for a... Read More

Log Homes - What is the Log-Home Lifestyle?

Typical log home company advertisements in popular log home magazines... Read More

The Great Real Estate Bubble Quiz

You hear it asked on the radio, in the newspapers... Read More

Why Real Estate?

Five months ago I was faced with a decision to... Read More

Selling Houses Fast: Basics of Design & Color Psychology

Fixing up houses to ready them for sale includes a... Read More

Moving On: Powerful Tips For Selling Your Home

Maybe you're moving to a larger home to accommodate a... Read More

Conventional Financing For Wholesale Deals

This info is very important for both new and experienced... Read More

Destin Florida Triples In 3 Years

Do you want to see something that is absolutely amazing?... Read More

Late Mortgage Payments Sabotage PMI Cancellation

There's something you should know about PMI!Private mortgage insurance is... Read More

You Have 15 Seconds to Sell Your Home! 11 Steps You Can Take to Sell Your Home for Top Dollar

Selling your home? Here are some suggestions to help you... Read More

Property Investing Secrets 4

Property Investing Secrets:How to Sell to 100% of the Market... Read More

Dont Overpay for a House, Even in Todays Market

If there's one thing American investors love, it's an over-inflated... Read More

Cashing Out of Preforeclosures - Exit Strategies for Maximum Profit

One of the quickest ways to real estate profits is... Read More

Home Buying: Things To Keep In Mind

So you've decided you want to own a home and... Read More

10 Ways To Find Investment Properties

If you really want the best deals in investment properties,... Read More

Looking into Buying Mobile Homes?

To own a home is one of the dreams every... Read More

Home Sellers Warning for Young Families

If you're thinking about selling your home and moving up,... Read More

Real Estate Problem Solver

IntroductionThere are many areas one can invest in. Since I... Read More

Foreclosure

Foreclosure under a mortgage requires a court ordered sale conducted... Read More

How Do You Profit From O.P.P.?

In a previous article we introduced you to the concept... Read More