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Should your Sell your Home yourselfSameer S Panjwani Should you sell your home yourself Yes and no. Yes, you should leave the option of selling on your own open and no, you shouldn’t rule out using the services of an agent to help you sell. There are a considerable number of advantages of using an agent to sell your home but their services do come at a price – up to 6% commission on the sale price! That’s quite a sum, a precious $6,000 for every $100,000 your home is worth. Agents are not indispensable. With the advent of the Internet, a fairly sizeable number of owners have been able to successfully sell on their own. Statistics have it that 80% of home buyers begin their search for a home online. So, putting your home details on the Internet is one effective medium of advertising your home and reaching out to a large number of buyers. So now, how would you go about doing the ‘yes and no’ at the same time Well, agents may not tell you about this but there is a type of listing arrangement you can have with them, known as an ‘Exclusive Agency Listing’. Under the terms of this listing, they would be the exclusive agents handling the marketing of your property and should they or another agent find a buyer for your place, your listing agent would be entitled to a full commission. This type of listing would also have the agent put your property on the MLS Multiple Listing Service. The other side to this listing arrangement is that, if you find a buyer yourself, you don’t have to pay any commission to your agent! So, the answer to yes and no lies in going for an Exclusive Agency Listing. You would be keeping the option open of finding a buyer yourself, through the Internet listings of your home, while on the other hand, should your listing agent find you a buyer, you would have to pay the commission but you’re getting your home sold in the process. So where should you advertise and list your home There are plenty of websites which offer to list your property. Two well-known and frequently visited sites are ChoiceOfHomes.com and ForSaleByOwner.com. I suggest not listing on only one but listing on at least a couple of these sites, if not more. It doesn’t cost much and especially when you consider the money you’d save in commissions from finding a buyer through these sources. Happy Home Selling!
| | | | RELATED ARTICLES Tips on Budget Decorating Home decorating on a budget is the ultimate adventure in decorating. It requires a little bit of planning, creativity, and patience. If you are like me, sometimes you wish you could be a genie and wiggle your nose and **poof** its done. However, that takes away from all the fun! Follow these tips and youll have a home that looks like a page out of your favorite magazine! 10 Ways To Protect Against Mail Theft 1. Never put outbound mail into an unsecured mailbox, especially if it contains checks or sensitive personal information. Instead, take it to a U.S. Post Office branch or place it in a U.S.P.S. mail collection box. The Art Of Power Washing Power washing may seem like something thats easily done to remove mildew and mold from your deck, patios and siding. However, many homeowners have found that there is quite a bit more involved than just renting a machine and blasting it off your property. Over the years its become a skill that most homeowners have decided they dont have the time or patience to learn how to do it properly. How to Build a Shed The easiest way to build a shed in the backyard is to make a trip to the local Lowes or other hardware shop to purchase a shed-building kit. Never choose one from a picture in a brochure or from the Internet. When viewing in person, you can check for important quality control details such as thickness of timber, overlap structure of panels, type of wood, whether it is pre-treated with a preservative and the quality of flooring. Thick timber is longer lasting. An overlap structure on wall panels is important to prevent water leakage. It is beneficial for the shed to have been pre-treated with preservative, but in your upkeep you will still want to treat it once a year. Flooring should be thick so that it does not give with the weight of tools and equipment you want to store. 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Hampton Bay lighting provides a quality of service that is unsurpassed by all other companies.Whether you want a fan or light fixture for your bedroom, bathroom, dinning room, Hampton Bay will be sure to find something that fits your needs.Also, be aware that Hampton Bay lighting is on the cutting edge of technology.Recently, Hampton Bay introduced a four way metal solar light that produces a super bright white light that powers itself from a combination of batteries and solar energy.Or, Hampton Bay lighting also sells more traditional looking fans and lighting fixtures if you are looking for a more traditional look to your house. Reduce Your Heating Bills This Winter Imagine leaving a window open all winter long -- the heat loss, cold drafts and wasted energy! If your home has a folding attic stair, fireplace or clothes dryer, that may be just what is occurring in your home every day. A to Z Guide In Getting Your Free DirecTV Satellite System What is DirecTV satellite TV Using Colors in Your Room Colors play an important part in your Home Decor process. Colors are what give life and personality to your room. The path of United States HDTV world The path of United States HDTV world: A brief on United States HDTV The Art Of Gutter Cleaning Many homeowners clean their own gutters or hire someone each season to properly maintain their homes. What you may not realize is that most gutter systems should be cleaned 3-4 times a year with each season. Electrical Safety in the home Electricity is a wonderful part of our lives, clearly enabling us to do so many of the things we take for granted. Food preparation, entertainment, communication, and so much more are all dependent upon the delivery of electricity. And yet, coming into direct contact with electrical current can severely injure you. In some cases, it can even kill you. Here are some things you can do to keep safe. Some of what we suggest may seem obvious, but we include it here because we believe its impossible to over emphasize the importance of safety. Everything...Plus The Kitchen Sink Looking to do some remodeling in your kitchen sink area or maybe the whole kitchen There are many options out there for any idea you may have. Kitchen appliances on down to kitchen tables, and kitchen sinks are available at your finger tips online. So, whether you are repairing or remodeling, take a minute to notice all of your options. Tearing Down the House Last year, we bought this big ol 1887 house.We are just now coming to grips with the magnitude of the "upgrades" planned. Choose The Right HDTV Antenna For Your Set-Up Choosing an HDTV antenna can be a frustrating business. However, if you prefer to receive HDTV through an antenna, rather than a satellite or cable subscription, there are a couple of things that will make life easier. Fresh Flowers Aren’t Just for the Dining Room Table Fresh Flowers in All the Traditional Places Decorating with Table Fountains With unlimited possibilities available, table top fountains can add understated beauty or grandeur to any room in your house. Fountains are a worthy investment even for those who hesitate to spend money on aesthetics. Beyond eye-catching appeal, youll find that fountains have practical health benefits. How To Create An Organized Filing System INTRODUCTION Maximizing Space on a Minimized Budget Do you often have friends, family, or guests over for the weekends and are in desperate need of a spare bedroomAre you going nuts trying to figure out how to turn that extra bedroom that’s never used into an office, yet still wondering how to board guests over the weekendOr maybe you are running out of storage space and closets are now turning into no-mans-land 10 Exotic Centerpieces for the Holidays 1. Shoe Magic - Buy gleaming fuchsia stylish or red festive colored high heeled glass bottom stilettos and fill one of it with flowers of appropriate size for a trendy table top which will set off a trendy, modern theme. You can get a pair at Bobbis Gift & Leather website. http://www.gift-leather.com/ Decorating A Childs Room Decorating your childs room should be fun and exciting for all involved. The most important thing to remember when planning or decorating your childs room is to keep the decor age appropriate. You wouldnt want to decorate your 3 year old daughters room in the same style as your 13 year old daughters room. That doesnt mean you have to start decorating all over every few years. What it means is that you should strive to create a room that will grow with your little girl /little boy but is age appropriate. Some helpful tips follow. |
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