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| How To Sell Your Home Fast While Paying Less |
These days homeowners are facing new challenges when selling
their house. While home prices remain high--giving owners a
potential windfall at the sale--the real estate market is
cooling down in many areas.
That means you must market your home wisely while working to
save on selling costs wherever possible. By paying close
attention to these two factors, you can profit big in the
current economic climate.
Let me first suggest that you avoid paying high commissoins for
a realtor. In the past, that would have meant foolishly saving a
few thousands dollars while waiting |
months and often years for
your house to sell on "For Sale By Owner" lists.
Today that is no longer true. Now, individual homeowners can
have their home listed on the same Multiple Listing Service real
estate companies use. Being listed in the MLS is a big and vital
advantage.
Most homes sell only when a buyer's agent finds your home in the
MLS. Being listed there is probably 95% of the reason most
people use a realtor when selling a home.
These days you can have a home marketing service list your home
on the MLS and on other major industry sites. Many of the |
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same
services realtors offer can be had for pennies on the dollar. In
most cases, sellers can save anywhere from 50% to 98% of the fee
they would normally be paying to a realtor.
The result? You walk away from the sale with several thousand
extra dollars in your pocket. Let's say you live in Southern
California and have a home valued at the average $517,000. Your
realtor would charge 6% amounting to $31,020 or more. By saving
most of that, you keep a great deal more of your money.
That means you can afford more house when you buy again. Many
people put that money away for |
retirement or their children's
education. Or, if you need to sell your house quickly or are in
a sluggish market, you can afford to drop your price knowing you
will be saving the realtor fee at the sale.
About the author:
Mark Testa is founder of Seller'$Net Real Estate Co. If you live
in Southern California, Mark's firm can list your home on the
MLS while helping you avoid expensive realtor fees. You can save
thousands! See his site at http://SellersNetRealEstate.com Reach
Mark at sellersnet@sellersnetrealestate.com or 800-949-2510.
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