How to Sell Your Home Online

Selling your home without the help of a real estate agent can save you thousands of dollars in commission or agent’s fee. Typically, the agent will ask 3-5% commission based on your asking price. Although there is a good reason why home owners would opt to use a real estate broker – they don’t have the time, they don’t have the know-how, home selling is time consuming, etc.

The introduction of online marketing makes home selling easier as more and more people are using the internet to browse and buy products and services online; and home buying is not excluded. Online property websites offer the same services as the traditional real estate agents but their fee is considerably less.

Property Sales Websites

These property websites work similarly as the classifieds of your local paper; however, the main advantage is they allow you to reach a much wider audience. With a very minimal fee, your property will have more exposure allowing you to attract more potential buyers. There are even DIY house sale websites that will let you list your property for free.

Social Media

Who does not know Facebook? Twitter? Social media websites have become a necessity for the net users and you can take advantage of their popularity. With social media site like Facebook, you can target your marketing to a group of people without being discriminating. Prepare a short video highlighting your home’s best features and upload it to Facebook. You can save time by virtually showing your home to potential buyers and at the same time by answering possible questions about the property.

Online Estate Agents

If you really need the help of a real estate agent but still want to save on agent’s fee, you can work with an online estate agents. Online estate agents’ fee is much less compared to street estate agents while offering the same services. They will help you market your home, handle negotiations, and help you in property showing as needed.

For a guaranteed, quick, and hassle-free home selling, contact private property investor like Lucas Properties. Lucas Properties buys homes in any condition at any given time.

How Much Does it Cost to Sell a House

Many people consider their home as the most valuable property they ever own. Thus, if they found themselves in need to sell their home, it is only logical that they would like to get the most money out of it. Selling one’s home can be a fulfilling experience if it was bought with the price below its market value. As a seller, it is imperative that you know the costs involved in selling so you can have the maximum return.

Real Estate Agents

If you don’t have the time or the experience needed to move your home, then real estate agent’s fee is the first thing to think through. The service fee varies from one agent to another; usually it is between 7-10 percent of your selling price. You might want to take note that if you will include the agent’s fee in your selling price, it will put your asking price well above the house’s market value. Pricing the house too high will not gain you a favorable deal.

Pick the agent who offers the lowest agent fee possible with the shortest lock-in period. Shorter lock-in period will allow you to search for another agent or choose an alternative should your initial agent failed to sell your house within the agreed time.

Title Insurance

Some states require the seller to pay for the title insurance. This will assure the buyers that the house has a clear title prior to purchasing. The title insurance is dependent of the selling price and varies from one state to another.

Marketing

When you hire an agent to sell your house, he is expected to use any means necessary to find a buyer. However, you should not limit the marketing through your agent alone. You can market the house yourself by spreading the word, giving out flyers, and advertise in local listings.

These are just some of the basic costs in selling a house. Then, there are other costs such as closing fee, fix-up costs, and taxes.

If you want to sell your house and get the most money within the shortest time possible, you can sell it to private property investors. For more details, you may get in touch with Lucas Properties.

Home Selling Tips: Sell Your House Quickly

Home selling has become a complicated process and not as easy as it used to be. For a first time seller, the prospect of selling one’s home, from preparing the required documents to finding a client and finally closing the deal, can be a bit overwhelming.

Home staging is still one of the most effective and proven way of attracting the right clients, so, before you even start putting your house in the market read through the list below.

• Make your house anonymous. First and foremost, de-personalize your home. Make it anyone else’s house. Remove the personal stuff you have gathered over the years so that buyers can imagine themselves living in your house with their own personal belongings. Maximize the full potential of your house by arranging the furniture to best showcase the floor plan.
• Invest in small fixes. Do not overdo the upgrade as you might not get your money back. Small fixes will go a long way such as applying fresh paint to the interior of the house, replace the tattered and stained curtains, fix leaky faucet, and make sure that closet doors are in place.
• Keep it pet-free. Not everybody is a dog lover or a cat lover so make sure to clean your house properly. Hide or remove the pet bowls and food, sofas and carpets should be fur-free, and keep it smelling fresh.
• Make the most of the first impression. Preparing the exterior is equally important as staging the interior of the house. Before the buyers enter your house, they have already judged it based on its outside appearance. It is important that your house should look warm and welcoming so buyers will be encourage in taking a look at what is inside.

The next phase is finding the right broker. Or, if you want to get your hands on, you can sell your house on your own. This means that you will work on marketing your house, making yourself available for the showings, and dealing with all possible negotiations.

Don’t have time or the experience to sell? You can sell your house with the least effort on your part by selling it to private property investors. Visit Lucas Properties for more details.

Get Your House Ready to Sell

When you buy a house the first time, you think of it as your future home. A home is where you live in, build your dreams, raise your children, and make memories with family and friends. But when you find the need to sell your home, the first thing that you should do is disconnect your emotions. Why? You need to make buyers think that is their future home and not yours. You may not realize it but in real estate business, your home can be anybody’s house so treat is as a saleable property.

Oftentimes, the first step is the hardest. As soon as you get through it, it will be easier to de-personalize your house. Note that I already used the term ‘house.’ Since your goal is to make your house somebody else’s home, remove your personal items such as photos, trophies, personal memento, and other collectible items. When buyers see personal items during showings, they break their daydreams of being in your house themselves. Do not store them in the garage or attic but place them somewhere else. Removing them from your house will help you too. It will give you the sense of certainty; that you are finally letting the house go.

Now, it’s time to put your house up for sale. How are you going to do it? Will you sell it on your own? Are you going to hire a broker? Will you try selling it at an auction? Your choice should be based on whether you have the time and experience to sell it on your own, how much are you willing to spend, and how fast do you need it to sell.

If you want a quick sale without spending another dollar than necessary, sell your house to Lucas Properties. Sell your house for cash in as short as seven days.

Home Selling: Types of Home Listing

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.