Archive for the ‘fsbo realtor.com’ Category

Flat Fee Real Estate Advertisting

Flat fee MLS has become the preferred advertising method for by owner real estate sellers. In fact, no other mode of advertising is more effective for home sellers in reaching the largest groupd of home buyers. The math is simple. You can pay a few hundred dollars for flat fee MLS listing with an online real estate company like Bloomkey.com or HouseZooks.com and reach millions of potential buyers. Most flat fee MLS listing packages last for 3 to 9 months – some for up to a year or even ‘until SOLD’. Or you can pay a similar amount to a local newspaper to reach a few thousand people. But newspapers classifieds usually last for just a few days.

As an advertising medium it’s hard to beat the Internet these days. A flat fee MLS listing with Bloomkey not only provides a listing on the Realtor Multiple Listing Service but also includes advertising on the leading real estate sites like Realtor.com, Trulia.com, Zillow.com as well as most of the major real estate franchises’ websites like Century 21, Prudential, Help-U-Sell, etc. When you stop to think about it, it’s really quite astounding how far your marketing dollars will go with a flat fee MLS listing. What just a few years ago would have required a real estate owner to give up 6% times their property’s sales price can now be obtained for less than the cost of a newspaper classified advertising campaign. Chalk it up to the economies of the Internet.

As with so many industries, Travel and Stock Brokerage to name two, the Internet has drastically impacted the costs associated with gaining access to the market for consumers. The efficiency afforded by being able to reach so many people for so little makes the Internet the perfect medium for real estate. Flat fee MLS is the best way to take advantage of the evolution of real estate marketing.

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Flat Fee MLS

Flat fee MLS listing gives home sellers an cost-effective method for reaching the most home buyers. A listing in the Multiple Listing Service (MLS) is the best advertising a seller can get. Over three quarters of properties sold nationwide sell through the MLS system. The MLS is to real estate what a stock exchange is to securities.

Getting listed on the MLS wasn’t always as easy as one might suspect. To be able to post property listings in the MLS you must be a licensed real estate broker. Licensing is required in order to gain membership to the MLS. Additionally, most MLSs require membership in the National Association of Realtors® the trade organization for real estate agents and brokers. In the past, a property seller had no alternative other than paying a commission of 6% of the property’s value to a real estate broker in order to gain access to the MLS.

With the advent of the Internet, information about real estate for sale or lease became more readily accessible to consumers. Real estate brokers have come to realize that they no longer control the access to property for sale and lease information in the way they once had. In order to remain viable many real estate brokers have migrated to the Internet and begun offering ‘a la carte’ real estate services and products. One of those services is a listing on the MLS.

Now Internet based real estate companies like Bloomkey.com offer by owner real estate sellers low cost, flat fee real estate selling tools and services including an introduction to flat fee brokers who can provide advertisement in the MLS for a flat fee. With a flat fee MLS only listing on the MLS, by owner home and property sellers handle all other aspects of the sale for themselves while being able to gain access to the valuable pool of ready buyers only available through the MLS. That way they can keep control over their entire real estate transactions, including when the property can be shown, while retaining far more of their home’s equity than sellers paying a full commission to traditional real estate brokers.

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For Sale By Owner

HouseZooks today launched a new website dedicated to assisting for sale by owner home and property seller’s maximize their saving and returns on their real estate transactions. The site includes nationwide real estate property search, home valuation tools, information and statistics on the local real estate market, mortgage rate and closing cost estimation tools. HouseZooks also provides for sale by owner home sellers with an introduction to a local real estate agent who can advertise their property on the Multiple Listing Service for reduced rates starting at just $199.00.

Internet websites like HouseZooks have greatly reduced the cost to consumers for real estate information, marketing and brokerage related services. What once cost home owner’s 6% of their property’s equity can now be obtained for thousands of dollars in savings. Since most people now shop online for real estate, it just makes sense that more property owners are choosing to make use of tools to maximize their real estate returns. HouseZooks allows by owner sellers to compete with real estate agents and brokers by providing the same advertising access to the marketplace.

Property’s advertised with services like HouseZooks also help sellers during down markets when price is so important. Sellers who aren’t having to give up so much of their equity to real estate commissions can price their homes more competitively and still come away with a larger net sale proceeds.

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Don’t Miss the Housing Upswing

The funny thing about real estate markets is that they usually change before anyone knows about it. It’s like recessions; the government doesn’t usually announce they’ve happened until they’re about over. The housing market led us into this recession and it’s a good bet it’ll be the segment of the economy that leads us out. And while most of the country is still showing signs of declining home prices, there are pockets that seem to be showing signs of life (notably some of the really bad ones that started the whole mess).

So how do you know it’s time to put your house on the market? Watch for economic indicators that the housing market may be ready to hit an upswing. The government has been pouring money into the economy at an unprecedented rate in efforts to loosen up credit and increase spending. Mortgage interest rates are now heading towards 4.5%. At some point the fire is bound to catch and when it does houses are going to start selling again. If you’re thinking about selling real estate, one good home selling tip is to beat your neighbor to the punch. Most sellers want to wait until the Spring market to put their home on the market. Sometimes it pays to get out in front of the market, especially when it’s time for the housing market to start heading upwards.

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When you need a Quick Sale in Real Estate

What’s the most important factor in getting a quick sale in real estate? Most people will sale ‘Price’. But what’s often overlooked is ‘marketing exposure’. When you need a fast sale you must let the greatest pool of potential buyers know that your property is on the market. Higher exposure means higher demand and a faster sale.

Home SoldBut how can you accomplish letting people know you’re home’s on the market if, say, you don’t have a lot of equity in your property or, as is the case in many home sales today, you’re facing foreclosure?

Over the past few years, the Internet has given rise to a number of online real estate companies that can provide your home or property with the marketing exposure you need without having to ‘pay an arm and a leg’. A ‘Quick Sale‘ sale home selling program involves getting your property listed on the leading real estate websites such as Realtor.com, Zillow.com, Trulia.com, Bloomkey.com etc. Today millions of home buyers use the Internet when searching for a home. Online home search has replaced the real estate agent as the number 1 method of finding a home for many buyers.

So, if your’re looking for a quick sale in real estate, find a company that can place your property on the Internet’s top websites. Companies such as Bloomkey.com provide RSS feeds to the leading real estate portals for a low, flat fee. Instead of paying a listing commission to a real estate agent and giving up what little equity their may be left in your home, consider alternatives for getting your home the most marketing exposure. And, don’t forget to price your property competitively!

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For Sale By Owner Means Save the Commission

Thinking about selling for sale by owner? If you’re like most home owner’s, the thought of giving away 6% of your home’s value to a real estate agent doesn’t make you want to leap for joy. But you know that without access to the Multiple Listing Service (MLS) your chances of selling are greatly diminished. So what can you do?

Online Flat fee MLS listing services can provide the bridge you need to access the market of potential buyers for your home. With flat fee MLS you get the best of both worlds. You gain access to the MLS while retaining the right to sell directly to a buyer without paying any commission. If a real estate agent does provide a ready, willing and able buyer for your home, you pay just the buyer agent’s portion of the commission (usually around 3%) or half of what you would normally pay to a traditional agent.

In today’s declining market, the savings provided by flat fee MLS listing services may be just what you need to sell and save.

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