If you have the time and money to place your own advertising, typically a 3 line ad in the Florida Today News Paper cost about $250 per week.
If you have the time, money and knowledge to list your home on Yahoo Real
Estate. and other high traffic websites. A good Real Estate listing should be
listed on at least Realtor.com (5 million visitors per month) and Yahoo
Real Estate.
3 out of 4 buyers start on the internet and 33% only look at homes with a
Visual Tour. If you have the time and knowledge to build your property a web page with at
least 5 pictures and a Visual tour. Try to list your home on several websites with
a total of at least east 5 million hits per month .
If you have no time limit on selling your property and can
afford to wait many months for buyers.
If you are available all the time by phone and have someone that can show
your home at any time during the day. Many calls to tour a home are made just
1 hour prior to requested tour time. It's never a good idea to show your home
yourself, it's hard enough to sell a home, don't add selling yourself
also, have a friend that shows your home, preferably not a next door neighbor.
If you have a way to screen buyers to make sure they are pre-qualified for
your asking price. Always ask to see the pre-qualification letter. Many
investors may target "By Owner" property attempting to purchase at a lower
than fair price since they may feel the owners are not fully educated on the
home value and
market conditions.
For safety reasons always make sure to ask for an ID from the buyer and
make a copy if possible.
Only accept written offers in
an approved format, verbal offers often
go sour and do not hold up in court.
Make sure you provide the buyer all required legal forms and statements to
avoid a court case against yourself.
Always offer the buyer a home
warranty; it's a small cost that goes a long way towards saying "this home is
in top shape".
NOTES: When you've had enough or
you're just not getting the results you want, consider hiring a professional.
It sure makes life easier when you get the important things done right. |
Experience; some
companies such as Coldwell Banker have 100 years of experience using powerful
systems to market real estate. These proven strategies are the advantage you
may need in a sluggish market or to capture a higher sale price in any market.
Price: Realtors have
access to a wealth of information and are trained in Comparative Market
Analysis (CMA). CMA gives you and estimate of what your home should sell for
in the current market. A survey in 2005 by the Florida Association of Realtors found that homes in Orlando sold by
Realtors sold for an averaged of $45,000 more than similar homes sold by
owners in the same area.
Advertising; Some local Real Estate firms spend in
excess of $35,000 a month advertising the properties they are hired to market.
Many real estate firms will list your home not only on the local MLS, and news
paper, but in several magazines as well as exclusive and high traffic
internet websites. The cost of this amount of advertising would
not be practical for most private sellers.
The main advertising media for any Realtor would
be the Multi
Listing System or MLS; this is how all 3000 Realtors get your properties
information.
Many agencies advertise your home on Realtor.com (6 million customers
per month), Yahoo Real Estate, Google Ads, and their own websites;
some large company sites get over 3 million visits per month.
You may very well get a web page dedicated to your
property just for
advertising.
Your property should be listed
in traditional advertising media such as the
local "Real Estate Guide", the "Home Source", as well as some of the larger
companies such as Coldwell Banker have their own "Property Guide".
Many companies have Realtors trained in Visual Tours,
Internet Marketing and other media creation. Make sure you ask for a Visual
Tour, research shows ads with a visual tour get 40% more views on Realtor.com.
Knowledge; Some companies
have very lengthy and detailed training programs for their agents. An
agent in a busy office has access to years of knowledge from his broker and
coworkers which can translate to dollars in your pocket.
Buyers and Sellers; The average full time Realtor makes 10 contacts
in a week, there are 3000+ Realtors in Brevard County; that's 30,000 possible
buyers for your property each week; now that's networking!
Access: By using the new digital lock boxes your home can be viewed
at any time, this is a huge benefit to sellers. These lock boxes also track
anyone that opens them for added security.
Legal: Your Realtor should have access to all the appropriate
forms and disclosures required to properly sell your home.
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