It is in Orlando, close to downtown and the airport. Any suggestions on getting the word out?
2006-09-23 16:51:13 · 11 answers · asked by 123..WAIT! 5 in Business & Finance ➔ Renting & Real Estate
First of all congratulations on understanding that you should have an attorney assist you. Selling your home can create liability if you don't follow state disclosure laws.
Something to think about. Buyer's who see a for sale by owner ad immediately think, "I can save 6% on this house" and will negotiate harder with you. So are you really saving the commission?
Yes, you should try putting a sign on the property, if allowed, place some classified ads and try it for a month. But a Realtor has access to many more tools for marketing than you do, because that is all they do.
Most Realtors have 5-10 buyers that they're in contact with right now, with over 10,000 Realtors in the Orlando area, getting your property listed on the MLS will immediate expose your property to over 50,000 people looking to buy property right now.
Hope that helps...
Regards,
Joe Ballarino
http://www.AmerivestRealtyofOrlando.com
2006-09-24 00:18:17 · answer #1 · answered by Joe_Ballarino 3 · 0⤊ 0⤋
Others have answered this saying to still offer a 3% or more commission, but the whole reason you’re doing this is to avoid the commission. If you’re going to spend money on listing your property on MLS (Multiple Listing Service) then you will have to offer some kind of commission. If you didn’t, then listing it on the MLS would be a waste of money. Remember though, that commission rates can be negotiated. You mentioned that the property was near downtown and the airport so I would list it in Orlando newspapers as well as your own local papers. In the paper ad you could have the title read, “Perfect for Commuters,” or, “Perfect for Pilots/Flight Attendants.” You might also try to find some kind of trade journal or some other kind of literature that pilots and flight attendants read and list the property with them. You could even try to sell it on an auction site such as eBay and set the reserve price to the lowest possible price you would accept and if you don’t get any bids then you can continue to list it while you try to sell your condo in other ways. It’s hard to give much advice because a lot of it would depend on what price you’re asking because then I could see what your target market is.
2006-09-24 00:24:31 · answer #2 · answered by CAD 1 · 0⤊ 0⤋
The best way for you to do it yourself is to put an ad in the paper and do an open house. But, keep in mind that 98% of homes are sold by a Realtor. Make sure that you include commision in the asking price for your home, because alot of Realtors, won't even show, or tell their clients about a propety if you are not offering a co-broke. Realtors read the paper and keep an eye out for FSBOs. In my area, a Realtor will ask for 3-3.5%.
2006-09-23 23:59:15 · answer #3 · answered by kimmys 5 · 0⤊ 0⤋
For sale by owner is going the make the Realtors cry, but hay they cut there own throat.
They made a bubble by doing what you want to do that that is short the market by not getting it on the MLS.
Don't worry the realtors have been doing this big time by hiding ie shorting the market and driving up prices to make this bubble. Have the realtors all listed, nope they show what they or there broker have for sale, are new homes on the MLS? nope are foreclosure on the MLS? nope. what about government homes?nope. what about all the scam small brokers that held back there listing yet advertise them as exclusive listing? there were not on the MLS also.
Hey holding back on listing is now so much money going out in commissions.That poeple like you are now shorting the realtors. may they get all they deserve as the bubble breaks.
http://www.breakingbubble.com/index.htm...
2006-09-24 01:43:07 · answer #4 · answered by Anonymous · 0⤊ 1⤋
If you want to do it yourself - Buy a small florescent red and black "For Sale" sign at your local hardware store - put in a promenade place - the calls will start coming in - some will be Realtors trying to get you to sign a listing - some will be interested parties. You can always sign with a Realtor at any time after you exhaust the first method. Good Luck.
2006-09-24 00:58:25 · answer #5 · answered by milan 1 · 0⤊ 0⤋
Hi as many others I to am a realtor. I'm from Vegas, I have a whole series of tips for FSBO's if you'd like it please send me an e-mail. I also have a report I can send you.
I have a client that's looking for a home here in Vegas that was from Florida, it took her 4 months less to sell her condo than it did her father to sell his house.
Good Luck and let me know if I can Help.
2006-09-24 00:53:13 · answer #6 · answered by Anonymous · 0⤊ 0⤋
craigslist.org but you may want to check with a real estate company. some will put it in the MLS for you for a small fee. but you should still offer a realtor 3% commision if they sell your house.
2006-09-24 00:02:38 · answer #7 · answered by I Drive a Mini 3 · 0⤊ 0⤋
Hire a realtor.
2006-09-24 00:32:40 · answer #8 · answered by ? 3 · 0⤊ 1⤋
Advertise, it will still be a lot less than listing it
2006-09-24 00:14:57 · answer #9 · answered by ? 3 · 0⤊ 1⤋
try spamming everyone on yahoo answers like you are trying to do now.
2006-09-24 00:09:37 · answer #10 · answered by dt 5 · 0⤊ 1⤋