The New Dawn of DIY Selling
They did not have the same advertising options available to them that realtors have access to.
This made it very difficult and nearly impossible when trying to sell via a for sale by owner based-website.
However, now that home seller can save commission as today it's possible to skip using an agent entirely as he or she can use the services of a company that offers a DIY system to make private house sales advantageous for the seller.
With this type of private real estate system, there are no outrageous commission fees to pay in order to list a property for sale.
The seller's home will be advertised on major real estate websites for several months at a one-time, reasonable fee that is usually around $500.
This means that a home seller can put a for sale by owner sign in his front yard, do all of the legwork himself such as stage his home and walk interested buyers through it and then negotiate a selling price and close the deal.
It's very important these days to list your home on one of the leading real estate websites because most people who are interested in buying homes look at these sites first.
In fact, over 86% of prospective buyers search the internet for their next property.
The above mentioned type of service provides a buyer with everything he needs to sell his no agent property.
Gone are the days when sellers had no choice but to pay for costly print media advertising when partaking in private house sales.
This type of marketing was encouraged by real estate agents as a way to increase their exposure and profile and unfortunately, it was the sellers who paid.
Nowadays however, sellers can save commission and these high advertising fees and use the same tools real estate agents utilize to effectively and efficiently sell their properties.
It is common for a real estate agent to attempt to dissuade you from partaking in private house sales or from using a no commission property service.
He or she may claim that it's not secure to do so and others may say that the average property seller does not have the correct knowledge of the current real estate market.
Why do they do this? Because they do not want you to put that for sale by owner sign in your yard because if you do, they lose business.
In other words, if you sell your property privately, they forfeit their commission.
So do not fall for these real estate agent tactics because they are simply nonsensical.