Article by Kevin Bilberry

When selling your home yourself you need as many advantages as possible. Without a doubt you will be fighting an uphill battle in the advertising department as realtors typically have large budgets to spend on the advertising of homes. So it stands to reason that your home needs to stand out in other ways in order to garner the attention it needs to sell quickly and for the right price. Two ways this can be done is through the use of a professional stager and holding your own open houses. The latter may be time consuming but you needs to get the word out about your home.

Home stagers are a new breed of home professionals. In recent years the practice has evolved out of the designer field and specializes in the preparation of a home for selling. This usually involves a large amount of shuffling of furniture and in some cases the outright replacement of items that will not benefit the show. Getting rid of mess and clutter is a big part of staging as is the strategic use of available space. Many homes are a bit too cluttered for a home showing and home stagers are experts at deciding what can stay and what needs to go to make the home more presentable. It is really amazing what a home can look like before and after a proper staging. Many people hardly recognize their own homes!

Holding your own open houses can be a trying event. It can be gratifying to hear the positive remarks that people make about your home but conversely it can be heartbreaking to hear the negative comments as well. Remember you can’t please everyone. Also, don’t be afraid to invite realtors to your open house. Just because you aren’t using one to sell your home does not mean that you can’t benefit from their clientele! In fact you may want to consider holding an open house explicitly for realtors. The more people that know about your sale the better. Another thing that any FSBO seller should seriously consider is a flat-fee MLS listing. Traditionally one major drawback to FSBO selling was the fact that FSBO homes did not have access to the Multiple Listing Service. As anyone in the business knows a MLS listing can make the difference between a sale and a missed opportunity.

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Article by Ken Hamric

Deciding to sell your home yourself does not mean that you have to go it alone. In fact, it is probably a good idea if you don’t. Selling your home yourself is a great way to save some money in realtor commissions but there are also quite a few professionals that you can utilize to make the sale smoother and more manageable. As you are the home’s owner and not a sales professional who is familiar with the ins-and-outs of selling a home you will have to seek out a few individuals to help with the actual transfer of title, the title search and other aspects of the sale that would normally be handles by an agent.

The first thing you may want to do is find a listing agent who offers a flat-fee MLS listing. This will take care of some of the marketing aspect of the sale. This is one aspect that many FSBO’s are lacking in and access to the MLS is one thing that FSBO’s were traditionally lacking and part of the reason that most FSBO’s took longer to sell. The MLS will give access to your home to a huge number of internet browsers and other agents in your area who have customers who are currently looking for a home.

Another professional who should be a part of your sale is a home stager. Staging is the process whereby your home is visually prepared for sale by strategically arranging furniture and decorating the home. More and more we are seeing the art of staging playing an increasingly important role in most home sales. Also you may want to consult and retain the services of a real estate attorney to help with the contracts and title concerns when the home does sell. Having a proper legal professional handling all the title and contract issues will ensure that everything is done in the correct fashion and is legal and binding. This is not the kind of thing that you want to make mistakes on so it is in your best interests to hire the right people for the job.

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Article by Rich Broker

FSBO (or for sale by owner) homes can be more affordable than buying houses from brokers. Since sellers don’t have to pay agents or brokers for commission or the costs of an Atlanta flat fee MLS, they can lower their prices to be able to get more potential buyers. But even if you see a house that falls way below your budget doesn’t mean you’ve found the bargain of a lifetime. There are many precautions you have to take and a lot of things to mull over before you decide to buy a house being sold by its owner. Outlined below are some of the most important things you have to take into consideration.* You have to inspect Atlanta FSBO houses thoroughly. You can also choose to hire a professional to help you check that everything is in proper working condition. Because most people who sell homes by themselves are not experts, they might miss out important details in describing the state and construction of their houses. They might not notice, for instance, that some parts may be rotting or that their houses might be infested with termites or deadly mold.

* You should get the help of a proper real estate appraiser. Although a for sale by owner house is usually more affordable than those listed on a flat fee MLS, sellers might not know the real market value of their homes. You can check if you’re getting a really good deal on the house or if it is ridiculously overpriced by asking for the help of a real estate agent or by getting an appraisal for it.

* Hire a lawyer to help you with contracts and other issues. It’s advisable to get the aid of a lawyer when buying a house being sold directly by the owner. Besides helping you understand contracts, a lawyer can also ensure that you receive all the required disclosures from the seller. These disclosures should have past and present problems, like flooding or termites, in the house. You should keep this with other important documents for posterity.

* Make sure that all titles and legal documents are in order. Before you agree to buy a house that is being sold by the owner himself, ask to see the property’s titles and other legal documents so you’re sure that you’re buying from the right owner of the house.

Looking at an Atlanta FSBO houses can be a good option if you’re looking for a new home, since these homes are usually priced much lower. But before you close a deal with these sellers, always keep in mind the things listed above. Remember that cheaper doesn’t always mean better.

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Article by Rich Broker

Many people are dying to invest in Georgia real estate. Take this as your chance to sell or even rent your home out in any of its locale. But before you even rent out your home in this place, you may want to know more facts about how the real estate business works in this state.

Georgia is located in the southern part of the US. As of 2009, it has nearly 10 million inhabitants. Besides this information, there are four basic things you should know about when you offer your home for rent in Georgia.

1. Landlord and tenant relationship in Atlanta Georgia real estate

As a landlord, your relationship with your tenant begins when you grant the use of your property to him. You may simply grant him the right to enjoy the property for the entire period indicated in your contract. The tenant has the right to use and enjoy your property but shall not transfer it to another without your consent.

2. Landlord responsibilities in Atlanta Georgia real estate

As per title 44, chapter 7 of the Georgia Code on Property – Landlord and Tenant – you have the responsibility to inform your tenant if you intend to authorize another person to oversee the collection and receipt of rental fees. The tenant also has the right to know as to who will manage the premises. All these should be done in writing.

3. Landlord duties when it comes to utilities in Atlanta Georgia real estateMost often than not, you and your tenants can agree upon how utility bills are going to be paid. The contract shall include a clause stating who shall be responsible for paying these utilities.

In addition to this basic provision on utilities, you do not have any right to suspend your tenant’s enjoyment of these utilities – water, light and heat. If you will do this, you will be fined for as much as 0.

4. The best way to find a tenant is through Atlanta flat fee MLS

Once you know your duties as a landlord who wants to rent home in Georgia, then the next step for you is to find a tenant. As with selling your houses, the best marketing tool is through Atlanta flat fee MLS. You can use these services the way sellers use them. This can also work to your advantage in that you don’t need agents to look for tenants for your property. You can have the chance to talk to your tenants before closing the deal with them and asking them to move over.

These four are the most basic things you should know when you decide to rent home in Georgia. Besides these facts, you should make your researches on how the real estate business works in the state.

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Article by Kyle

It hurts to discover you sold your property and paid a much higher commission than you would have had you sold it FSBO. It hurts too when you have your duplex for sale for nine months but not been able to sell it. You might have been better off had you spent some time doing your homework. With FSBO whether you are putting your used mobile home for sale, duplex for sale, or using a flat fee MLS deal; it is always intelligent to have a fair idea of your property’s price beforehand. Keep in mind that the buyers who are interested in homes for sale by owner are usually doing so because they think they will get a better deal by avoiding a real estate agent, who typically charges a 6% commission.

To assure you are getting a competitive price for your house for sale you can start with checking out prices of FSBO homes in your vicinity which have more or the less same square footage, features, landscape, internal and external conditions as compared to yours. This comparative price of other homes for sale by owner will give you a fair idea about your property’s market value. You can also get a list of pricings of FSBO Homes sold in last 2 to 4 months in your area and assess current market rates. Another good idea is to get an appraisal done for your property by a certified appraiser. This is a low-cost method that owners of houses for sale by owner use to assess the true value of their home. As an owner, you also receive a certified appraisal to show to your prospective buyers. You can have a complete appraisal of your property done by a licensed appraiser agency for as low as a few hundred dollars on up. This is the same procedure a lender will use when determining the amount of money to lend your potential buyers. These techniques really help if you want to sell your property as FSBO and sell it fast.

Following these steps you will be able to get a competitive market price for your property. To learn more, you can always visit our site http://www.virtualfsbo.com for a detailed listings of FSBO homes in the US and Canada including our flat fee MLS options. We also offer a free downloadable guide on how to sell your home by owner after you list your property, which is also free.

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Article by Rich Broker

FSBO or for sale by owner properties are a good option if you want to maximize your budget and find affordable houses. The price of these properties are much lower than those sold by brokers or real estate agents because it is the owners themselves selling the houses and they can afford to lower prices because they don’t have to pay commissions or additional fees for the services of a broker or real estate agent.

There are many different ways wherein you can find decent and affordable properties being sold directly by the owners-from classified ads in the papers to flat fee MLS sites. Below are some of the most common places and the easiest ways to find affordable FSBO properties.

1. Ask your network of friends, co-workers and family. Those who directly sell their house without using a real estate agent or broker usually don’t want to spend extra on advertising costs, so it’s rare to find ads for houses sold by owners in the papers or in popular sites in the Internet. Ask your friends, co-workers or relatives if they know anyone directly selling their property.

2. Drive around the area wherein you want to buy property. You can check if there are any posters advertising property for sale in the area you are interested in. Some owners (directly selling their homes) even put up yard signs to advertise that their house is for sale.

3. Try to get in touch with a real estate agent or broker to help you. Brokers usually have listings of available property in certain areas and they might know of houses that are being sold by the owners themselves.

4. Put an ad in the papers or on the Internet. Spend a little to advertise that you are looking for property being sold directly by the owner. You can put ad in the classifieds section of the paper in the area or state you are interested in or market your needs in the Internet.

5. Use a flat fee MLS. A MLS (Multiple Listings Service) has a diverse line-up of available properties in different areas. Some may have a category specifically for different properties being sold by the owners themselves. Although technically, these properties are not considered FSBO anymore, owners selling their properties via a MLS can still maintain a low price because some of these multiple listings sites are very affordable.

FSBO properties are a good option if you have a tight budget and want a good deal property. It might be difficult looking for the perfect house being sold by the owner himself, but the tips above can help you find it.

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Article by Milan Cole

If you’ve ever sold a home, or even thought about selling your home, then you probably know the dilemma. Hire an agent and give up 6% of your hard earned home equity??? Or do you try to save money by doing it yourself, even with the mortgage payment clock ticking?

Maybe you have an aunt Mary, or an uncle Jack, and so the choice is a simple matter of family politics. Or a high school buddy, who you once promised that if you ever sold your house you would give them a call.

If this is the case, and your decision to hire an agent is made, then the best thing you can do is to negotiate a reasonable commission, and/or get an appraisal and use this as the basis for a performance based incentive.

Of course you’re wondering, what is a ‘reasonable commission’ and ‘performance based incentive’?

Naturally, the definition of a reasonable commission depends a lot on who you ask. Some of the things you should ask your agent are how much marketing dollars are they committing to your house? How many open houses are they going to do? Are they doing any staging or redecorating? You want to make sure that your agent is going to go the extra mile for you, and the best agents will be sure to do so.

Now what if you really don’t have a lot of equity to give up? Then you might want to consider a performance based incentive. The way this can work is that if you get the house appraised for 0,000, then the listing agent might get 3% if it sells for more then that, or 1% if it sells for less then that. Doing this ensures that the listing agent is substantially motivated to get a price above your appraisal.

On the other hand, for people who are experienced home sellers, and are willing to do more of the work themselves, there are some more options, including ‘FSBO’ and ‘Flat Fee MLS’. Both of these methods have the potential to save you even more money, but they are also inherently riskier.

The FSBO option, or For Sale By Owner, is just what it says. The homeowner does all of the work of marketing, showing, staging, negotiating, and completing the enormous pile of paperwork. This option tends to work best for experienced home buyers and sellers, and in certain markets where there is a strong FSBO segment already established.

If you are seriously considering selling your home yourself, then there are many excellent books on the subject, and you should certainly do your homework. Some real estate attorneys also offer services to help with FSBO transactions, and make sure all the contracts and paperwork are in order.

Another option, that has become more popular in recent years, is the Flat Fee MLS service, which is a hybrid between FSBO and using a traditional full service agent. The Flat Fee MLS service allows a homeowner to list there house in the Multiple Listing Service, which is the real estate agents most powerful marketing tool. However, you still need to offer a commission to the buyer’s agent, which is typically 2-3% and only half of the 5-6% that most traditional agents charge.

Additionally, Flat Fee MLS brokers in most areas will allow you to retain the right to sell your house on your own, though you may not be able to have a For Sale By Owner yard sign out front. However, the reality is that in most markets, the vast majority of houses are sold via the MLS. In either case, with a Flat Fee MLS listing, you still need to be prepared to do much of the closing paperwork and/or inspection arrangements by yourself.

Thus, the best choice really depends on how much experience you have, and the amount of time and energy you are able to commit to the home selling process.

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Article by J. Cole

The number one thing that you can do to improve the odds of selling your house in a timely manner is to get it listed in the MLS. Why? Because the multiple listing service is where most people find the home that they are going to buy.

Of course there are other marketing mediums, including billboards, classifieds, newspaper ads, fsbo websites, and more, however, none of them have the reach and power of the MLS. Why does the MLS work so well? Because it combines the two leading sources of homebuyers, the Internet and real estate brokers.

How does this work? The MLS is not just a database for real estate brokers, it is also the most widely syndicated real estate content on the Internet. What does that mean? It means that when you list your home in the MLS, you are not only letting the Realtors know about it, but it will also be included on thousands of real estate websites all across the Internet.

So what do you do if you cannot afford to hire a full service real estate broker? Well, one of the more interesting facts of hiring a real estate broker is that when you hire a listing broker, you are in essence hiring two brokers. The listing agent is the broker that represents you, and the buyers broker is typically a different person that you must also pay out of your proceeds.

Thus, if you are willing to do most of the work of the listing broker for yourself, then you can at least cut your commission fees in half. However, one of the listing broker’s primary responsibilities is to market your house, and that is one of the many responsibilities that you will have to take care of.

Like many people, you can try marketing your house as an FSBO, but in many cases that doesn’t work, because most buyers like to buy their houses through a Realtor. One solution is hire a flat fee MLS broker for your listing agent, because they only cost a few hundred dollars and take no commissions. In order to put your listing in the MLS, you still will want to offer a commission to the buyers broker, but using a flat fee MLS listing, you have effectively saved 50% on your real estate commission fees!

Does it work? Many frustrated FSBO sellers have opted to hire a real estate broker, however, flat fee MLS is a hybrid option that allows you to still market your home as FSBO, while greatly increasing your chances of success when selling your home by owner, because it gives you access to the #1 real estate marketing tool.

It’s still a good idea to advertise your home as much as possible, using all available methods, and its critical to take great pictures of your home so that it shows at its best. Thus, if you’re willing to go the extra mile to save some money, then consider trying flat fee MLS before you give up on selling your home by owner.

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