Selling Your Home Without a Realtor ~ Advertise free on Zillow and Trulia!

 

Post your For Sale By Owner (FSBO) for free on these

 REALTOR.COM does not allow FSBO listings, so to get on that one you have to contract with a Realtor somehow. However, here is a TIP to get you on Realtor.com a home listed through a “flat fee” broker the National Association of Realtors  is not considered a FSBO since it becomes available to all other cooperating brokers in that MLS. Caveat: When using a Flat-Fee Service you typically have to agree to pay a pre-set commission to a buyer’s agent to list with a flat fee service.

You may not want to do this if  you wish to sell the property yourself without paying  any commissions, but at least call and ask what the commission to a buyers agent would be.

How to find a flat fee broker: google Flat Fee with the name of your city and state ) will place you on Local MLS. Realtor.com, Zillow, Trulia and many other Sites.        A licensed broker in your local market can help you prepare the paperwork, which is a bit overwhelming at times. A reasonable flat fee for just the paperwork is around $1k.

Thus, by going with the flat fee broker, you actually get a good bit more visibility beyond realtor.com as well through sites that pull from realtor.com’s information and the MLS’s data feeds. REMEMBER: With a flat fee broker, while it may seem like you have an agent, you actually negotiate for yourself and have little or no support from the listing office.

This was posted by the DOJ: “Consumers who live in states permitting the option to choose innovative brokerage options, such as rebates or fee-for-service MLS-only packages, can potentially save thousands of dollars on commission payments.“…The Importance of Competition in Real Estate to Consumers
(A lot of Real Estate Info on the Department of Justice site)

 

REALTORS TELL US THAT A  REALTOR IS FREE TO A BUYER. IS THIS TRUE?     The reality is  that someone is going to pay the realtor.  Although at closing the commission  comes from the sellers side, the realtor representing the buyer (the buyers agent) gets a cut. That is also why the sellers agent will work hard to get the biggest amount of money for the seller…. so that the Realtors both make more commission from the higher selling price .  (So, no, technically the buyers agent is not free to the buyer, afterall.)

Realtors may help buyers do some “homework”, but that is pretty expensive work they do.

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P.S.

  • REQUEST A  FREE C.L.U.E. REPORT on the  residence to give  peace of mind to prospective buyers. It shows them that there’s no hidden damage that you made an insurance claim about but failed to disclose.  Although a buyer will get the property inspected as a condition of purchase, having the C.L.U.E. report available is another way to ensure them they’re not buying a property loaded with hidden problems.
  • CLEARING OUT JUNK TO MOVE: here are places that would love to have it.
  • MARKETING YOUR HOME: The power of  marketing  can help you get multiple offers and a lot more than the commission percentage difference for your property. Create a panoramic using your smartphone and post it on  Youtube with good descriptive info.
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1 Response to Selling Your Home Without a Realtor ~ Advertise free on Zillow and Trulia!

  1. Robyn says:

    CHECK OUT:
    – your local paper’s classifieds
    – Realtor.com
    – Forsalebyowner.com

    For a fee, many sites allow you to advertise your home on the coveted MLS (Multiple Listing Service, the database of homes that Realtors use.)
    Be sure to post plenty of professional looking photographs of your home’s interior and exterior online. THIS is the most important thing you can do to market your home and get potential buyers psyched about seeing it before they even step inside.

    ~~~~~~~~~~~~~~~~~~~

    The first offer you receive is often the best as serious buyers tend to act quickly when they find the right house by making a fair offer right away. If you get a good offer right after you list, take it instead of holding out for a bigger offer that may not come.
    Price your home based on the market comps ( your agent shows you what comparable houses have sold for ). If your house sits for a long time, potential buyers will begin to wonder what’s wrong with it.
    Turn on all the lights — even on a sunny day — and pull up all the blinds when you have an appointment to show the house. A sunny, well-lit house…Brightness sells.
    A nice woven basket to gather clutter into when you get that last-minute call for a showing. Cover the basket with an attractive throw blanket and place it near the sofa or put it in the bathroom covered with a couple of crisp clean towels.
    Learn about your new community before buying. Subscribe to the local weekly newspaper to get a sense of what it’s like to live there. More important, you’ll avoid buying two blocks away from a planned shopping mall or fracking operation.

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