Home Selling |
Home
listing is part of a marketing strategy for home selling. It is one of the ways
to reach potential buyers. There are several types of listing but only a few
are commonly used.
Open Listing
This
is commonly used by home owners who have chosen FSBO (For Sale By Owner.) As
the name suggests, this is a non-exclusive listing. As the seller, you can have
a listing to as many brokers as you want and you only pay commission to whoever
finds a buyer first. That also means you need not pay any commission if you
found your own buyer. Most brokers do not want to work an open listing unless
the home inventory is low.
One-Time Show
This
is somehow similar to an open listing. Sometimes, a broker will show a FSBO to
one of his clients. The seller signs a one-time agreement which guarantees that
the broker gets a commission should the specified potential buyer closes the
deal. This prevents the seller from negotiating to the buyer directly after the
showing and avoids paying the agent’s commission.
Multiple Listing
This
is the very core of home listing. The goal of marketing is to reach as many
potential buyers as possible; with MLS (Multiple Listing System) you can achieve
this goal. MLS has a huge network of agents and these agents have access to
clients looking to buy a home. This type of network will sell your home.
Without MLS, for sale by owners are at a disadvantage.
Sellers
with FSBO do not necessarily need to list their homes to sell. The presence of
private property investors makes FSBO easier. The seller needs only to work
with a decent property investor and he is guaranteed to have a close deal
within a few days.
Private
investors, such as Lucas Properties, have a list of buyers who are qualified to
purchase a home but unlike brokers, they do not ask for commission. The biggest
benefit that private investors have to offer is they provide for sale by owners
an option to beat the time and expense of selling their homes the traditional
way.
Are you desperate to selling or buying a house? If you need to sell or buy home quickly then it can be very stressful.Homestead road is a company which could reduce the stress and make selling your home simple.
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