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Sunday, November 04 2007 @ 09:46 PM Central Standard Time
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It may be quite odd to note that despite the current slump in the housing market, many home sellers in Florida, specifically in Miami Beach, area are still paying out a 6% commission to real estate brokers.
However today, many homeowners are now opting to market their real estate property directly to consumers, by using online services such as Yahoo Real Estate and Craig's List. There's good reason why many home sellers are flocking to the Internet in selling their homes: In a recent survey conducted by the National Association of Realtors, the group found out that 80% used the Internet when searching for a new home.
Selling Homes Online Is A Quite Simpler Task
Selling your home online is a much simpler process then you otherwise might think, according to many real estate analysts. Here are some key steps a home- seller needs need to take note of:
- Verify how much your home is worth. If you're not getting the services of an agent, the first and most major step is to get an accurate home appraisal. To find a licensed home appraiser in your area, visit Appraisal Institute.org, an association of professional appraisers. There is also a group of free services on the Web, such as Zillow.com, that allow you to estimate the value of your home by comparing it with neighboring properties
- Market your home. The goal in marketing your home,according to analysts , is to "drive as many buyers as possible to your ad," so make sure you choose a site with a lot of traffic, and augment your listing with high-quality color photos and a compelling description. You might even try a "virtual tour" if you're willing to pay a little extra.
- Transfer the title. Once your home is sold, call in the professionals tohelp you with title transfers. Title transfers are generally handled by real estate attorneys, whereas in other places, the job typically falls to title companies. In any case, regardless of who handles yours, you shouldn't pay more than about $500.
Get Good Home Photos
As a well-known adage goes, A picture is worth a thousand words. This also applies to online house selling. If you are taking photos of your home, be sure that the home's yard and driveway are in order, and uncluttered. Remove bikes, garbage cans, and parked cars.
The same applies for interior shots. People are looking to buy your house, not your possessions. Move things around if you have to. Also, take lots of house photos. Photo films are affordable, since.your home deserves quality. The more you shoot, the better the odds are that you'll get a few really good shots. High quality photos play a huge part in selling your own house, especially when it comes to online home selling.
At first glance, home sellers may think paying a real estate broker 6% in commissiions may sound to be not too large. However consider this: According to the U.S. Census Bureau, the average price of a home is $313,000, which means the average seller has to pony up nearly $19,000 in broker fees. For some, this would seem to be a hefty penalty for selling your own home, one that more and more Americans are unwilling to pay. This is one reason why many home sellers now choose to sell or market their properties online.
Vanessa Arellano Doctor
http://luxurylivingrealty.net |
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