Top Filipino Real Estate Agents In Cadillac Drive Sacramento, CA

As a prerequisite to selling real estate, a person must be licensed by the state in which they work, either as an agent/salesperson or as a broker. Before a license is issued, minimum standards for education, examinations and experience, which are determined on a state by state basis, must be met. After receiving a real estate license, most agents go on to join their local board or association of REALTORS® and the NATIONAL ASSOCIATION OF REALTORS®, the world’s largest professional trade association. They can then call themselves REALTORS® in Cadillac Drive Sacramento, CA.

How to Choose the Best Filipino REALTOR® in Cadillac Drive Sacramento, CA?

Real Estate Mls

Using an Agent and the Obligations that are Owed to You
An agent is bound by certain legal obligations. Traditionally, these common-law obligations are to: Put the client’s interests above anyone else’s; Keep the client’s information confidential; Obey the client’s lawful instructions; Report to the client anything that would be useful; and Account to the client for any money involved.

It is easy to get a List of Sacramento Filipino Realtors by searching online. A simple search with the keyword, “Filipino Realtors in Cadillac Drive Sacramento, CA” will produce multiple results giving you a list of Brokers, Realtors, and Real Estate Agents.

A Filipino speaking REALTOR® in Cadillac Drive Sacramento, CA is held to an even higher standard of conduct under the NAR’s Code of Ethics. In recent years, state laws have been passed setting up various duties for different types of agents. As you start working with a REALTOR®, ask for a clear explanation of your state’s current regulations, so that you will know where you stand on these important matters.

How to Evaluate an Agent
In making your decision to work with an agent, there are certain questions you should ask when evaluating a potential Sacramento agent. The first question you should ask is whether the agent is a REALTOR®.

Buy House

As a consumer, you end up registering on various real estate search sites and getting tons of emails and reports . You may find yourself asking, how can I know which Realtor to work with and help me navigate through the home buying process in [post-name]? The following are some tips we suggest:

  1. You want to see a house when you want to see houses. Agents who are solo may say to you, “I’m not available. How about next week?” Find a Realtor that will be available to accommodate your schedule with reasonable notice.
  2. Local Market Knowledge. During your first conversation with the agent, ask questions about neighborhoods, schools, trains and other commuting info, specifics that you are interested in knowing about. You’ll know in 2 seconds whether the agent you are speaking with is the local market expert and can help you with all of your options.
  3. What are you looking for in a Realtor? Find Realtors who will be your advocates. Their job is to help you get what you want. Real estate agents are your consultants, your strategists, and your advisors. They should tell you the truth and will always provide you with enough information so that you can make an informed decision about your home purchase.
  4. More Tips. Ask the Realtor you are interviewing how proactive they will be in finding you a home. For example, find out if they have a marketing staff that has the resources to find homes for buyers before they hit the market. See if they take a pro-active approach instead of just waiting for new listings to appear in the MLS.

You need to trust that a Filipino Realtor in Cadillac Drive Sacramento, CA who will do everything possible to get the word out and fight for your best interests. Good work experience, a web presence, and a great network should be standard. With sites such as Zillow.com where you can easily find properties for sale and check out their estimated values and the agent’s own network, it’s easier than ever before to sell your property. The listing agent’s main responsibility is to get the word out and show the house.

What Are Ways To Listing Your California Property?

Home Listings

Flipping houses is becoming big business in the world of real estate investment. Unfortunately it takes all kinds of 'flippers' to make the world go around and some of them aren't nearly as conscientious as others. If you are going to get into the business of flipping houses and want to make a living, and build a good reputation, for producing quality results you need to see to a few details throughout the process. 1) Do what needs to be done. Don't cut corners and create situations that will put the family that purchases your home in personal or financial risk. You want to create a safe home for the family or person that ultimately makes the purchase. You do not accomplish this by taking shortcuts and using shoddy workmanship. 2) Avoid spending money that doesn't need to be spent. By this I mean don't spend money creating more work. Many people do this by deciding to tackle additions, rip out walls, or changing floor plans. These kinds of changes are best left to the buyer unless they will significantly improve the asking price you can bring in on the house. Otherwise spend the bulk of your money in kitchens and baths where they are best known for bringing in bigger profits. 3) If it ain't broke don't fix it. There is a lot of wisdom in this age-old saying. There is no reason to go in and fix something that doesn't need to be fixed unless doing so will improve the value of the house to its buyers. 4) Always work within a budget. Most people set a budget when planning to flip houses but very few manage to work within that budget. This is the difference in making the profits you anticipated and putting the entire project at risk. 5) Create a home that the buyer will want to live in not the home that you will want to live in. You should never flip a house or design a flip according to your tastes; it is a recipe for disasters in more ways than one. First of all, it is unlikely that buyers will be able to afford it. Second, it sets you up for hurt feelings if a potential buyer rejects any small details. Third, it often raises the price you must seek for the property in order to cover the increased costs of decorating and designing according to your taste. Finally, it often leads to unnecessary expenses, which defeats the purpose of a quick flip type of project. 6) Time is money. Remember this in all things. The more time it takes to do the flip the more money it's going to cost and the less money you are going to make. Plan small changes that have a big impact and can be done quickly to get the most out of your flip. 7) Never attempt a champagne flip unless you have a champagne budget to back it up. Just as flipping above the market is an unwise move it is equally unwise to flip a property beneath your target market as well. Do not attempt to flip a house in an upscale neighborhood if you can't manage the upscale building supplies and appliances that will be needed in order to make it a success. While these aren't guarantees for success they are solid advice that will minimize the risks you face when flipping properties. PPPPP 575

How to Choose the Right California Real Estate Agent?

My Realtor

As one journey's through the rough terrain of real estate. You will find yourself amongst the company of those who share similar emotions: self-doubt, fear, concerns of risk, and an endless stream of questions. So why would one subject him or herself to such things if it causes so much of a headache in the short term? The answer to that is simple: Real Estate is where the bling bling is! Seriously folks, no industry on earth has made millionaires of more people than those two words. OK so now you've decided it's worth the risk, but you've heard so many different perspectives on results, methods, and a million different courses all claiming to be the cure to launch your own career in real estate. You may look into creating new homes and then selling the properties when the timing is right, or even rent them out. Many people follow this method and rehash the process over and over till they reach their financial goals. Others go about it a different way- such as finding a run down home (or constructing a new one) and then learn the tricks and trades of fixing up a home and finding out where the "pressure points" are that can drive the value of the property up like like firewords on the Fourth of July. Then they'd flip or sell it once it is done. Each method has it's highlights and lowlights. Perhaps you should look into the one that "feels right" to you, and look into it a bit more. It's not possible to become a master of everything in the beginning so just find something, learn how to make money from it, and make it happen as many times as it takes till you get your desired results. Eventually, you will develop a sixth sense for "where the money is". This is something that can only be learned through hard work, and experience, period!


Best Realtor in Sacramento City

Filipino Real Estate Salesperson Cadillac Drive Sacramento, CA

As a prerequisite to selling real estate, a person must be licensed by the state in which they work, either as an agent/salesperson or as a broker. Before a license is issued, minimum standards for education, examinations and experience, which are determined on a state by state basis, must be met. After receiving a real estate license, most agents go on to join their local board or association of REALTORS® and the NATIONAL ASSOCIATION OF REALTORS®, the world’s largest professional trade association. They can then call themselves REALTORS® in Cadillac Drive Sacramento, CA.

How to Choose the Best Filipino REALTOR® in Cadillac Drive Sacramento, CA?

Residential Real Estate

Using an Agent and the Obligations that are Owed to You
An agent is bound by certain legal obligations. Traditionally, these common-law obligations are to: Put the client’s interests above anyone else’s; Keep the client’s information confidential; Obey the client’s lawful instructions; Report to the client anything that would be useful; and Account to the client for any money involved.

It is easy to get a List of Sacramento Filipino Realtors by searching online. A simple search with the keyword, “Filipino Realtors in Cadillac Drive Sacramento, CA” will produce multiple results giving you a list of Brokers, Realtors, and Real Estate Agents.

A Filipino speaking REALTOR® in Cadillac Drive Sacramento, CA is held to an even higher standard of conduct under the NAR’s Code of Ethics. In recent years, state laws have been passed setting up various duties for different types of agents. As you start working with a REALTOR®, ask for a clear explanation of your state’s current regulations, so that you will know where you stand on these important matters.

How to Evaluate an Agent
In making your decision to work with an agent, there are certain questions you should ask when evaluating a potential Sacramento agent. The first question you should ask is whether the agent is a REALTOR®.

Mls Lookup

As a consumer, you end up registering on various real estate search sites and getting tons of emails and reports . You may find yourself asking, how can I know which Realtor to work with and help me navigate through the home buying process in [post-name]? The following are some tips we suggest:

  1. You want to see a house when you want to see houses. Agents who are solo may say to you, “I’m not available. How about next week?” Find a Realtor that will be available to accommodate your schedule with reasonable notice.
  2. Local Market Knowledge. During your first conversation with the agent, ask questions about neighborhoods, schools, trains and other commuting info, specifics that you are interested in knowing about. You’ll know in 2 seconds whether the agent you are speaking with is the local market expert and can help you with all of your options.
  3. What are you looking for in a Realtor? Find Realtors who will be your advocates. Their job is to help you get what you want. Real estate agents are your consultants, your strategists, and your advisors. They should tell you the truth and will always provide you with enough information so that you can make an informed decision about your home purchase.
  4. More Tips. Ask the Realtor you are interviewing how proactive they will be in finding you a home. For example, find out if they have a marketing staff that has the resources to find homes for buyers before they hit the market. See if they take a pro-active approach instead of just waiting for new listings to appear in the MLS.

You need to trust that a Filipino Realtor in Cadillac Drive Sacramento, CA who will do everything possible to get the word out and fight for your best interests. Good work experience, a web presence, and a great network should be standard. With sites such as Zillow.com where you can easily find properties for sale and check out their estimated values and the agent’s own network, it’s easier than ever before to sell your property. The listing agent’s main responsibility is to get the word out and show the house.

Virtual Real Estate - Does It Work?

Real Estate Office

With over 2 million real estate agents according to the National Association of Realtors (NAR), becoming a successful real estate agent takes more than just a license and a knowledge of current laws and regulations.The first year drop out range estimated to be from 40% to 80% demonstrates that many real estate agents are not as successful as they could be and research suggests that 90% give up after 3 years. The following 7 tips may help you avoid becoming one of these statistics.

  1. First and Foremost YOU are a business. Real estate agents work for a broker, but are independent, commissioned sales people. This means that you are a small business and must run your practice as a business. Again, remember you are a small business owner.
  2. Embrace a Planning Attitude. If you don't have a plan, then you are on some else's plan - usually the successful real estate agent's. During the last 10 years, what I have learned as a performance improvement consultant or coach is that most people place more value in planning a trip to the grocery store or a vacation than planning their lives either professionally or personally.
  3. Research Your Market Plan. Since you, as the real estate agent, are responsible for your own expenses, do your research specific to your marketing plan within your strategic plan. Time spent in constructing your marketing plan is definitely well spent. NOTE: Remember a business plan usually is data driven, while a strategic plan identifies who does what by when.
  4. Establish Sales Goals. Using your strategic action plan, establish sales goals. If you are new to this industry, it may take 6 months before the first sale. HINT: Use the W.H.Y. S.M.A.R.T. criteria for goal setting.
  5. Create a Financial Budget. Budgeting is critical given the up and down of this volatile market place. Your financial budget should plan for your marketing costs, any additional costs such as education and your forecasted income.
  6. Make Managing Yourself a Priority. Building a business is not easy. You must learn how to manage yourself especially in the area of time management, ongoing real estate business training coaching continuing education units, and personal life balance. Real estate is said to be a 24/7 business much like any small business. However, it is important not to lose sight of your personal life including family, friends, physical health, etc.
  7. Find a Mentor or a Real Estate Coach. Going it alone is not easy. Take the time to find a mentor who can help you steer through some of the known obstacles and help you during the "peaks and valleys." If you have the resources, you may wish to hire a real estate coach or an executive coach who specializes in small business help and sales.

Being an incredible sales person and entering the real estate market does not guarantee similar sales success. However, these 7 tips may help you avoid many of the pitfalls by not being one of the four real estate agents who quit within one year or one of the nine who give up after 3 years.

What Are Ways To Sell Your California Home?

Home Buyers

Majorca's proximity to the sea and the scenic beauty that surrounds it is any investor’s bait. More and more people are trying to make Majorca their home or place of business. Realizing its potential in the buyers and sellers market, agents are grabbing this opportunity to operate on Majorca property. Their services are many and they begin from advertising to handing over the ownership of the property to deals with the next owner. Advertising Once it is known that a property in Majorca is up for sale, Majorca estate agents approach you even before you can. They will give it the right exposure to attract the buyer’s attention. If your property is advertised on the net they also upload photographs showing off the beauty of the place. However, on specific request they abstain from attaching photographs to maintain privacy from intruders. Website presentations are regarded as comprehensive and reliable to access prime properties. Inspection of Property Legalities Properties that have been put up for sale are thoroughly inspected by the agents. They go into the details of legalities, the ownership and clear title of ownership, the ownership papers, as well as dispute-free status. They check out all the details pertaining to the property to be sold. They also go into the details of the purchaser’s genuineness and capacity to pay. Site Inspections Once you show interest in a certain property, Majorca estate agents take you on a site visit of whatever properties you would like to see. Sometimes they recommend certain properties from their side. You might just about like one such property after seeing it. Finances They recommend and help you negotiate prices if you have set your heart on a particular property. They also help you to get in touch with the best financiers for a mortgage loan and recommend lawyers to process matters legally. Customer Satisfaction This is the most important thing that the agents have to offer their clients. They are a team of members from Germany, Austria, Britain, Switzerland, Denmark, Russia, France, Sweden, and Spain and are able to converse in the language of the buyer or the seller. They offer security of service and earn your confidence in lieu. Properties Offered Properties cover anything from apartments and town houses to terrace and semi detached villas, and country homes. The locations are on first sea line, front line, sea view, and direct approach to sea, as well as sea plots. Locations are always prestigious, in the city or town, or the beach. Charming manors too appear in their list of properties for sale. You just have to name it and it will be on the cards. The agents located in Majorca help you to find just the place that touches your heart.


Best Realtor in Sacramento City

Looking To Buy A House Cadillac Drive Sacramento, CA

As a prerequisite to selling real estate, a person must be licensed by the state in which they work, either as an agent/salesperson or as a broker. Before a license is issued, minimum standards for education, examinations and experience, which are determined on a state by state basis, must be met. After receiving a real estate license, most agents go on to join their local board or association of REALTORS® and the NATIONAL ASSOCIATION OF REALTORS®, the world’s largest professional trade association. They can then call themselves REALTORS® in Cadillac Drive Sacramento, CA.

How to Choose the Best Filipino REALTOR® in Cadillac Drive Sacramento, CA?

Newhome

Using an Agent and the Obligations that are Owed to You
An agent is bound by certain legal obligations. Traditionally, these common-law obligations are to: Put the client’s interests above anyone else’s; Keep the client’s information confidential; Obey the client’s lawful instructions; Report to the client anything that would be useful; and Account to the client for any money involved.

It is easy to get a List of Sacramento Filipino Realtors by searching online. A simple search with the keyword, “Filipino Realtors in Cadillac Drive Sacramento, CA” will produce multiple results giving you a list of Brokers, Realtors, and Real Estate Agents.

A Filipino speaking REALTOR® in Cadillac Drive Sacramento, CA is held to an even higher standard of conduct under the NAR’s Code of Ethics. In recent years, state laws have been passed setting up various duties for different types of agents. As you start working with a REALTOR®, ask for a clear explanation of your state’s current regulations, so that you will know where you stand on these important matters.

How to Evaluate an Agent
In making your decision to work with an agent, there are certain questions you should ask when evaluating a potential Sacramento agent. The first question you should ask is whether the agent is a REALTOR®.

Realtor Websites

As a consumer, you end up registering on various real estate search sites and getting tons of emails and reports . You may find yourself asking, how can I know which Realtor to work with and help me navigate through the home buying process in [post-name]? The following are some tips we suggest:

  1. You want to see a house when you want to see houses. Agents who are solo may say to you, “I’m not available. How about next week?” Find a Realtor that will be available to accommodate your schedule with reasonable notice.
  2. Local Market Knowledge. During your first conversation with the agent, ask questions about neighborhoods, schools, trains and other commuting info, specifics that you are interested in knowing about. You’ll know in 2 seconds whether the agent you are speaking with is the local market expert and can help you with all of your options.
  3. What are you looking for in a Realtor? Find Realtors who will be your advocates. Their job is to help you get what you want. Real estate agents are your consultants, your strategists, and your advisors. They should tell you the truth and will always provide you with enough information so that you can make an informed decision about your home purchase.
  4. More Tips. Ask the Realtor you are interviewing how proactive they will be in finding you a home. For example, find out if they have a marketing staff that has the resources to find homes for buyers before they hit the market. See if they take a pro-active approach instead of just waiting for new listings to appear in the MLS.

You need to trust that a Filipino Realtor in Cadillac Drive Sacramento, CA who will do everything possible to get the word out and fight for your best interests. Good work experience, a web presence, and a great network should be standard. With sites such as Zillow.com where you can easily find properties for sale and check out their estimated values and the agent’s own network, it’s easier than ever before to sell your property. The listing agent’s main responsibility is to get the word out and show the house.

How To Find A Real Estate Agent Buyer?

Luxury Homes

A prominent city in Southern California, San Diego lies along the Pacific coastline. Proclaimed America's Finest City, San Diego is proud of its white, flawless beaches, coastal climate, and dazzling real estate. Individuals searching for homes for sale San Diego will discover that this city by the sea has much to offer everyone.

Nature's Beauty Surrounds Homes for Sale San Diego

Residing close to the Pacific Ocean, homes for sale San Diego are enveloped by a warm, coastal climate and bright, sunny skies. With sandy beaches, ample desert land, and expansive canyons, homes for sale San Diego are encompassed by the luxury of the earth. With location playing a major factor, temperatures range in the 70s throughout the year, with beach areas cooling at night time.

Homes for sale San Diego are also located among a variety of entertainment and recreational venues. Animal enthusiasts hear homes for sale San Diego can visit the world famous San Diego Zoo, or take a trip to Sea World of California. Residents interested in art can head to the Spanish Village Art Center in Balboa Park or the newly renovated Museum of Photographic Arts. Homes for sale San Diego are truly blessed with beautiful coastal landscape and ideal temperatures all year round, so outdoor activities such as fishing, surfing, hiking, and swimming a constant option. Prime location is just another one of the many perks that living in the San Diego area provides to its residents.

What Are Ways To Sell Your California Home?

Buy Owner

The biggest issue many homeowners face when listing their house for sale is the price. You want to get the most you can, but be careful when it comes to pricing it to high. Listing Your Property With To High of a Price For no particular reason, you have picked up the itch to sell your house. Maybe there are developments in your area that have caused massive appreciation and you simply want to cash out while the going is good. Maybe you just are interested to see what someone will pay. In making the decision to sell, you do the research to find out what comparable homes in the area are selling for and how long it takes them to sell. You decide to list your property at the top of the market because you have serious upgrades and the research shows comparable homes are moving pretty quickly. While you may be willing to wait a bit for an offer, you run a risk of sabotaging yourself. Time is a two way street in the real estate industry. While you are probably not particularly interested in waiting a long time to move the property, buyers are considering time as well. Specifically, they are wondering why so much time has passed since your home was first listed. Is it an indication that there is something wrong with the property? Many potential buyers will start to think so. If you price the property at the top of the comparable market, you run this risk and selling becomes very difficult. One justification many sellers make for picking a high price are upgrades done to the property. In many scenarios, this is logical and makes practical sense. That being said, you may be in for a nasty surprise. Most buyers prefer to make the upgrades themselves, not pay a premium for what you have done. Ultimately, this means the higher price may find little interest because the value of the upgrades is ignored by the potential buyers. This can also lead to the frustrating situation wherein you realize you spent more money on upgrades than you will ever get out of the property. Ouch. The final risk associated with pricing your property at the top of the market is the potential it will be ignored. The general rule in real estate for buyers is to purchase the lowest priced home in an area and then fix it up. With minor changes, appreciation gains can be significant. If your home is already at the top of the market, a buyer really cannot do this and will actually have to wait for other properties in the area to appreciate. Savvy or even moderately knowledgeable buyers will not take the bait. Pricing your property for sale is a trick issue. Figure out your market and make your own conclusions. To maximize profit, it is best to be in the middle of the market, but always below other homes that are superior to your property.


Best Realtor in Sacramento City

Filipino Realtor Search Cadillac Drive Sacramento, CA

As a prerequisite to selling real estate, a person must be licensed by the state in which they work, either as an agent/salesperson or as a broker. Before a license is issued, minimum standards for education, examinations and experience, which are determined on a state by state basis, must be met. After receiving a real estate license, most agents go on to join their local board or association of REALTORS® and the NATIONAL ASSOCIATION OF REALTORS®, the world’s largest professional trade association. They can then call themselves REALTORS® in Cadillac Drive Sacramento, CA.

How to Choose the Best Filipino REALTOR® in Cadillac Drive Sacramento, CA?

Sell Your Own Home

Using an Agent and the Obligations that are Owed to You
An agent is bound by certain legal obligations. Traditionally, these common-law obligations are to: Put the client’s interests above anyone else’s; Keep the client’s information confidential; Obey the client’s lawful instructions; Report to the client anything that would be useful; and Account to the client for any money involved.

It is easy to get a List of Sacramento Filipino Realtors by searching online. A simple search with the keyword, “Filipino Realtors in Cadillac Drive Sacramento, CA” will produce multiple results giving you a list of Brokers, Realtors, and Real Estate Agents.

A Filipino speaking REALTOR® in Cadillac Drive Sacramento, CA is held to an even higher standard of conduct under the NAR’s Code of Ethics. In recent years, state laws have been passed setting up various duties for different types of agents. As you start working with a REALTOR®, ask for a clear explanation of your state’s current regulations, so that you will know where you stand on these important matters.

How to Evaluate an Agent
In making your decision to work with an agent, there are certain questions you should ask when evaluating a potential Sacramento agent. The first question you should ask is whether the agent is a REALTOR®.

Search By Mls Number

As a consumer, you end up registering on various real estate search sites and getting tons of emails and reports . You may find yourself asking, how can I know which Realtor to work with and help me navigate through the home buying process in [post-name]? The following are some tips we suggest:

  1. You want to see a house when you want to see houses. Agents who are solo may say to you, “I’m not available. How about next week?” Find a Realtor that will be available to accommodate your schedule with reasonable notice.
  2. Local Market Knowledge. During your first conversation with the agent, ask questions about neighborhoods, schools, trains and other commuting info, specifics that you are interested in knowing about. You’ll know in 2 seconds whether the agent you are speaking with is the local market expert and can help you with all of your options.
  3. What are you looking for in a Realtor? Find Realtors who will be your advocates. Their job is to help you get what you want. Real estate agents are your consultants, your strategists, and your advisors. They should tell you the truth and will always provide you with enough information so that you can make an informed decision about your home purchase.
  4. More Tips. Ask the Realtor you are interviewing how proactive they will be in finding you a home. For example, find out if they have a marketing staff that has the resources to find homes for buyers before they hit the market. See if they take a pro-active approach instead of just waiting for new listings to appear in the MLS.

You need to trust that a Filipino Realtor in Cadillac Drive Sacramento, CA who will do everything possible to get the word out and fight for your best interests. Good work experience, a web presence, and a great network should be standard. With sites such as Zillow.com where you can easily find properties for sale and check out their estimated values and the agent’s own network, it’s easier than ever before to sell your property. The listing agent’s main responsibility is to get the word out and show the house.

What Are Ways To Sell Your California Home?

Luxury Homes

This could have been the shortest story ever written. If you truly have evidence that your real estate agent has deceived you, you should immediately contact his broker, and if necessary, your state's licensing agency. And if it is early enough in the process, you should fire him immediately.

Now, sometimes it is not possible to fire your agent, but you would be surprised how many people continue working with that agent when it is. All you can do is scratch your head, and ask "Why?"

Some people feel it's a hassle to look for another agent. They figure they might as well continue with this guy. Their logic being a known hell is preferable an unknown situation. And what makes this logic worse is when it is coupled with the belief that all real estate agents are the same. "They all lie, don't they?" they would reply. Well, nothing could be further from the truth. And it is that belief that gets them in trouble.

Well, I know what I would do and some might consider it stupid. You see, for the honest agent, there really is nowhere else to go. Honesty is a way of life. If it can be easily changed over money issues, then it's not a way of life. It's just lip service. I don't like being in that position, but I will make the "stupid" decision. It's difficult, but right. I sleep well at night and that's fine with me. But keep this in mind, the less-than-honest agent also sleeps well at night. And that fine with him, too.

What Are Ways To Sell Your California Home?

Home Buyers

Should you, as a homeowner, looking to sell your home, consider selling the property yourself or take the conventional route and engage a Realtor? That is the preverbal $64,000 question - or if you use the national average sale price of existing homes of $268,000 - the $16,000 question. Based on pure value, this is a question that really should at least merit consideration.

Obviously For Sale by Owner (FSBO) is not for everyone. I really don't know why that statement has to be made - NOTHING (with the exception of air and water) is for everyone. Now back to the point at hand.

Why should you consider FSBO:

First and foremost - you save money - simple statement to make. How do you save money? You don't pay the typical 6% real estate commission associated with a real estate brokered listing and sale. This isn't just any money - it is your tax free (usually) home equity. Money that you have ultimately earned either through appreciation, home improvement, sweat equity or savvy real estate investment. Anyway you slice it, it's YOUR money. It is often said buying a home is the single most important and largest purchase of an individual's life. Does it not stand to reason that selling a home represents the single most important "Sale" of an individual's life? The National Association of Realtors will tell you that FSBO homes sell for 16% less then Realtor sales. The problem with their calculations is they use a flawed formula to support their argument - they use a MEDIAN price as opposed to an AVERAGE price. The median is a "middle number" in a series of numbers - the average is a sum of all numbers divided by the total number - which is what as a homeowner cares about.

Another consideration is that an FSBO can take all or part of the real estate commission savings and deduct it from the price of their home to expedite a sale. This works great in a "soft" market or if you simply have to sell your home in a limited amount of time. Consider this example (I have used this unlikely scenario purely to make my point). You own a 1300 Sq ft - 2 bedroom/2 bathroom condo. Your adjacent neighbor has the exact same unit with the same level of finish and has listed it with a Realtor for $485,000. Calculate the 6% real estate commission in to the equation and best case your neighbor walks away with $455,900 - that leaves you with $29,100 to negotiate. If I'm a buyer and I see the exact same condo next door for $30K less I can tell you which one I am buying!!! To be honest, I'm going to buy it if I can save ANYTHING! This works very well if you bought in a strong real estate market and the market has now softened to the point that you actually paid more then you can sell it for. Selling FSBO may allow you to at least keep your head above water - remember we are talking 6% of the value of your property.

You do not possess any sales or marketing skills. I know it's not easy to admit, but if you are an introvert - forget it. Most successful Realtors are extroverts and spend countless hours attending social functions, clubs, associations, golf courses (sorry had to throw that in) to generate leads and contacts. They have usually taken countless sales training courses and most importantly, they know how to close a deal.

Multiple Listing Service (MLS) - this in my opinion is the single most important advantage that Realtors have over FSBO. The MLS is made up over approximately 500 individually owned and operated MLS organizations. It is essentially a nationwide repository of existing properties available for sale. It provides both realtors and buyers alike an opportunity to locate properties using a number of search criteria including, but not limited to, geographic location, size, price, bedrooms, bathrooms etc. There are two factors to consider here - one - you can buy a Flat Rate MLS at either a national or county level and take advantage of the marketing exposure that MLS provides - it will cost you in the range of $299 - $599 and an agreement to pay 2 - 3% to a selling agent if a Realtor sells your home. You do however maintain the right to sell your property yourself without paying a commission fee. As far as "quality" of exposure goes, I truly believe that an online FSBO listing is superior (in appearance and functionality) to an MLS or realtor listing. That said, no FSBO website enjoys the level of traffic and potential buyers offered by Realtor.com.

In conclusion, obviously undertaking a successful For Sale by Owner is not for everyone - we can all agree on that statement. Is it worth a try - definitely!


Best Realtor in Sacramento City