Tuesday, January 25, 2011
Sunday, November 15, 2009
Should You Consider Selling Your Home Without a Real Estate Agent? by Jeff Runyon
When you begin to consider selling your home, you have to factor in the expense of doing so. Selling a house is not cheap.
The average real estate commission fee paid to an agent or a broker is about 5%. On the sale of a $200,000 home, that equates to $10,000! That is a quite a large amount to pay.
So for most people, the next consideration is whether or not they can just sell the home themselves. They only see the savings but pay little consideration to the amount of time, effort and work they have to do in order to sell their house at or close to its market value
Before you decide, you need to realize what selling your house yourself will entail.
First, you need to set a plan and to set the plan you will need to ask yourself some very pointed questions.
How are you going to advertise your home for sale? What methods have you considered such as Multiple Listing Service (MLS), online, local newspapers, etc. What are the costs associated with each method? What is the success rate or track record of each method?
Are you going to have 'open-house' and invite prospective buyers to come in and see the home?
If so, are you going to have the time and resources to prepare your home for presentation so that it presents itself in the best light?
One way to get the best idea of what it is going to take to sell you home is to invite a few real estate agents in to discuss your home sell with you. Be up front with them. Tell them you are thinking about selling your home and you are considering doing it as a 'for sale by owner' (known in the real estate industry as a FSBO).
Agents know that most people that go the FSBO route are unsuccessful on their own and end up going with an agent after all. The smart agents will happily entertain your questions and show you the ins and outs of selling you home because this will give them a high level of credibility with you and a leg up on other agents should you decide to go the professional sales agent route.
This is a win-win. The agent will help you by telling you what they think of your house and its readiness for market. If you have selected an agent that is familiar with home sales in your area, they will be able to accurately guide you in setting the price for market, show you things you can do to improve the home's appearance, both inside and out, plus give you some advice on what direction to go in marketing your home for sale.
I have been writing articles and publishing commentary for several years that cover a number of popular topics of interest from different walks of life. Recently, my interests has turned to remodeling my old office into a bedroom for the kids. I have been considering replacing their old twin beds with some childrens bunk beds so they can stay in the same room but have plenty of room for their stuff. In the process, I found all kinds of information about different types, brands, shapes and sizes of bunk beds and started a site at http://www.ChildrensBunkBedshop.com for a place to document what I found.
Article Source: http://EzineArticles.com/?expert=Jeff_Runyon
The average real estate commission fee paid to an agent or a broker is about 5%. On the sale of a $200,000 home, that equates to $10,000! That is a quite a large amount to pay.
So for most people, the next consideration is whether or not they can just sell the home themselves. They only see the savings but pay little consideration to the amount of time, effort and work they have to do in order to sell their house at or close to its market value
Before you decide, you need to realize what selling your house yourself will entail.
First, you need to set a plan and to set the plan you will need to ask yourself some very pointed questions.
How are you going to advertise your home for sale? What methods have you considered such as Multiple Listing Service (MLS), online, local newspapers, etc. What are the costs associated with each method? What is the success rate or track record of each method?
Are you going to have 'open-house' and invite prospective buyers to come in and see the home?
If so, are you going to have the time and resources to prepare your home for presentation so that it presents itself in the best light?
One way to get the best idea of what it is going to take to sell you home is to invite a few real estate agents in to discuss your home sell with you. Be up front with them. Tell them you are thinking about selling your home and you are considering doing it as a 'for sale by owner' (known in the real estate industry as a FSBO).
Agents know that most people that go the FSBO route are unsuccessful on their own and end up going with an agent after all. The smart agents will happily entertain your questions and show you the ins and outs of selling you home because this will give them a high level of credibility with you and a leg up on other agents should you decide to go the professional sales agent route.
This is a win-win. The agent will help you by telling you what they think of your house and its readiness for market. If you have selected an agent that is familiar with home sales in your area, they will be able to accurately guide you in setting the price for market, show you things you can do to improve the home's appearance, both inside and out, plus give you some advice on what direction to go in marketing your home for sale.
I have been writing articles and publishing commentary for several years that cover a number of popular topics of interest from different walks of life. Recently, my interests has turned to remodeling my old office into a bedroom for the kids. I have been considering replacing their old twin beds with some childrens bunk beds so they can stay in the same room but have plenty of room for their stuff. In the process, I found all kinds of information about different types, brands, shapes and sizes of bunk beds and started a site at http://www.ChildrensBunkBedshop.com for a place to document what I found.
Article Source: http://EzineArticles.com/?expert=Jeff_Runyon
Thursday, November 12, 2009
Real Estate Marketing Flyers; 24/7 Marketing
A real estate marketing flyer box is a "24 hours a day agent", and is standard equipment among high producing real estate agents.
And what do you suppose you do with them? Stuff them with real estate marketing flyers, of course! And as you may know, real state marketing flyers are the bread and butter of the real estate indusrtry.
A good, informative real estate marketing flyer has enough information on it to get the most desireable response; a phone call or email message to you. The rest, as the say, will be up to you.
The flyer should at a minimum have your full name, address, and phone number(s), your photograph, a photograph or two of the listings, price, property description, and description of the location, neighborhood, and amenities.
A good real estate marketing flyer will also be attractively designed, neat and devoid of clutter. It should also be done in clear and easy to read type fonts. Although color copies are relatively expensive these days it is still a good idea to have at least a splash of color.
Perhaps your real estate marketing flyer can reflect the happenings in your community, such as a photograph of the local sports team, an attractive park in the area, or a scenic view. Let the flyer sell you and your listings for you!
And as implied above, real estate marketing flyers are no longer restricted to placement inside homes. Additionally, you can place them outside homes and have them market your listings 24/7.
Many real estate marketing flyer boxes come equipped with easy reach business card dispensers. Some all-weather-resistant construction boxes will hold over one hundred single sheet flyers in a upright fashion. No slouching, no bunching! The self-closing lid and ventilation system keeps the real estate marketing flyers just like new.
So, if you're not marketing via real estate marketing flyers, or if you are not marketing with outside flyer boxes you may want to consider stepping it up a notch or two. Afterall, the more successful agents are marketing 24/7! Are you?
And what do you suppose you do with them? Stuff them with real estate marketing flyers, of course! And as you may know, real state marketing flyers are the bread and butter of the real estate indusrtry.
A good, informative real estate marketing flyer has enough information on it to get the most desireable response; a phone call or email message to you. The rest, as the say, will be up to you.
The flyer should at a minimum have your full name, address, and phone number(s), your photograph, a photograph or two of the listings, price, property description, and description of the location, neighborhood, and amenities.
A good real estate marketing flyer will also be attractively designed, neat and devoid of clutter. It should also be done in clear and easy to read type fonts. Although color copies are relatively expensive these days it is still a good idea to have at least a splash of color.
Perhaps your real estate marketing flyer can reflect the happenings in your community, such as a photograph of the local sports team, an attractive park in the area, or a scenic view. Let the flyer sell you and your listings for you!
And as implied above, real estate marketing flyers are no longer restricted to placement inside homes. Additionally, you can place them outside homes and have them market your listings 24/7.
Many real estate marketing flyer boxes come equipped with easy reach business card dispensers. Some all-weather-resistant construction boxes will hold over one hundred single sheet flyers in a upright fashion. No slouching, no bunching! The self-closing lid and ventilation system keeps the real estate marketing flyers just like new.
So, if you're not marketing via real estate marketing flyers, or if you are not marketing with outside flyer boxes you may want to consider stepping it up a notch or two. Afterall, the more successful agents are marketing 24/7! Are you?
Tuesday, November 10, 2009
Mortgage Modification Tips - Work Out the Situation With Your Lender by Jason Rockford
With the rising foreclosure rates currently in the United States, mortgage modifications are becoming more and more common. In the past mortgage companies have not been cooperative in helping people facing foreclosure, however they have now come to realize that working with the home owner not only helps the homeowner out but can possibly save the mortgage company from going into bankruptcy as well.
A loan modification or often called a mortgage modification, allows a homeowner to re-negotiate their mortgage terms. It will help in reducing the monthly payment often by lowering the interest rate. It can save the home from going into foreclosure. Selling your home may not be an option in today's market so the lenders and borrowers have lots of reasons to work out the situation together by establishing a suitable plan for both parties. By coming to a new payment agreement, lenders get their money and the homeowner gets to keep their home. Although this is the only way for some homeowners, it is not an easy process.
Loan modification will require you to prove your financial position and require documentation, as well as you being able to prove that you can pay the new mortgage amount. Not all banks offer loan modifications, however it's becoming more and more common.
Check with your lender to see if they can help you. Lenders do not typically want your home; they are in business to make money, not to be in real estate. This may be a difficult and time consuming task, but think about the alternative. Protecting your asset is worth the time and effort involved with mortgage modifications.
Begin the road to modifying your loan today by visiting http://www.MortgageModificationTips.com
Article Source: http://EzineArticles.com/?expert=Jason_Rockford
A loan modification or often called a mortgage modification, allows a homeowner to re-negotiate their mortgage terms. It will help in reducing the monthly payment often by lowering the interest rate. It can save the home from going into foreclosure. Selling your home may not be an option in today's market so the lenders and borrowers have lots of reasons to work out the situation together by establishing a suitable plan for both parties. By coming to a new payment agreement, lenders get their money and the homeowner gets to keep their home. Although this is the only way for some homeowners, it is not an easy process.
Loan modification will require you to prove your financial position and require documentation, as well as you being able to prove that you can pay the new mortgage amount. Not all banks offer loan modifications, however it's becoming more and more common.
Check with your lender to see if they can help you. Lenders do not typically want your home; they are in business to make money, not to be in real estate. This may be a difficult and time consuming task, but think about the alternative. Protecting your asset is worth the time and effort involved with mortgage modifications.
Begin the road to modifying your loan today by visiting http://www.MortgageModificationTips.com
Article Source: http://EzineArticles.com/?expert=Jason_Rockford
Friday, November 6, 2009
Getting Into The Real Estate Business
You have probably heard that getting into the real estate business is a great way to make money. Thousands of people have joined this real business in order to make money. And a lot of these people have turned themselves into self made millionaires. I know you will like to be next in line? The good thing is that making money in the real estate industry is more than possible. If you know how to get started and make the right decisions, you can make tons of money.
Before you get too involved as a real estate agent, you need to ask yourself what you want to do. There are many ways to make money with it but you will need to plan your route early on.
Real estate investing can be done in two ways. First off, you can buy a piece of real estate, fix it up and then resell it for a profit. This is a great way to make money if you know how to manage what you are doing. Also, you can buy a property and then rent it out. The advantage to do this is that you will have a monthly income coming in from each property that you own. If you have enough property making you money each month you will never have to work again and the only thing you will have to do is make sure each property is well kept.
Unfortunately, getting started is not quite as easy as it may sound. Sure, all you need to do is buy a piece of real estate but after that things can get a bit tricky.
After you have a piece of real estate in your name the real fun starts. You will need to get it up to par and then make a decision on what you want to do with it. Either way, the property will have to be in good enough shape to sell or rent out. For this reason you will probably have to do some repairs. Are you handy enough to make these repairs on your own? If so, you can save yourself a lot of money. But if you are not, you will have to hire somebody to help you out. This is not a problem but it can cut into your overall profits.
Getting into the real estate business is one of the best ways to make money in todays day and age. Many people have turned to this industry as a full time job. And a lot of these people have made millions of dollars. If you want to be next, jump into the real estate business today. You never know what could happen.
Before you get too involved as a real estate agent, you need to ask yourself what you want to do. There are many ways to make money with it but you will need to plan your route early on.
Real estate investing can be done in two ways. First off, you can buy a piece of real estate, fix it up and then resell it for a profit. This is a great way to make money if you know how to manage what you are doing. Also, you can buy a property and then rent it out. The advantage to do this is that you will have a monthly income coming in from each property that you own. If you have enough property making you money each month you will never have to work again and the only thing you will have to do is make sure each property is well kept.
Unfortunately, getting started is not quite as easy as it may sound. Sure, all you need to do is buy a piece of real estate but after that things can get a bit tricky.
After you have a piece of real estate in your name the real fun starts. You will need to get it up to par and then make a decision on what you want to do with it. Either way, the property will have to be in good enough shape to sell or rent out. For this reason you will probably have to do some repairs. Are you handy enough to make these repairs on your own? If so, you can save yourself a lot of money. But if you are not, you will have to hire somebody to help you out. This is not a problem but it can cut into your overall profits.
Getting into the real estate business is one of the best ways to make money in todays day and age. Many people have turned to this industry as a full time job. And a lot of these people have made millions of dollars. If you want to be next, jump into the real estate business today. You never know what could happen.
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