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Monday, April 2, 2012

Top information source Buyer use used during home purchasing process

Down fall for sellers of over priced properties: Top information source Buyer use used during home purchasing process

As buyer increasingly start their house shopping online, sites like Trulia.com, Zillow.com and Realtor.com promise high visibility for seller's available houses.

Down fall for sellers of over priced properties. Those third-party sites compile sold housing data, often from public sources that are freely accessible on the Web; this includes information provided by county, city, or public records and other sources. Homebuyers now can evaluate a house against similar properties that are on the market or recently sold before they make an offer.

Agents marketed 15,946 single family homes in 2011 that failed to sell did the agent hedge or shade the truth when it comes to market pricing of your property? We are often called upon to tell their sellers things they don't want to hear. “But I do tell them what you need to hear.” For example, a home is worth $150,000, but the seller wants $165,000. Many agents will take the listing at $165,000 and deal with the $15,000 price reduction later. By all means, don't fall for that line about "we'll reduce the price in 30 days if the showings and offers don't start rolling in." Properly priced homes will sell even in a "buyer's market". First of all, that's your acknowledgment that you may be overpricing your home starting at the gate. Secondly, you and your agent have just agreed to WASTE the most valuable marketing time of any home on the market and that's the FIRST 30 DAYS. (Source Knoxville Area association of REALTORS MLS)

The growth of buyers using online house-shopping means real estate websites continue to grow. They're valuable tools for buyers, giving the buyer the ability to compare properties, evaluate prices and research neighborhoods.

They're valuable tools for buyers, giving consumers the ability to compare properties, evaluate prices and research neighborhoods.

The agent is not the buyer! Buyers are under no obligation to buy a over priced property. Are you going to be one sellers who will place their property SOLD this month or still be for sale next month? The question must be... how long do you want your home to be for sale?

Historically, high fee agents were almost always involved in the sale of your property. Their commission was traditionally a percentage of your selling price – often costing you 6 per cent or even more. The liberty you gain by having more choice than simply using a high-fee agent could result in you keeping more of your money or even allow you to sell quicker. We give you more options. Make money. Sell faster. Your choice.

OPTION $495 -- paid in advance plus the 3 percent for the agent who bring a buyer ($6,000) for a total selling fee of $6,495, still a saving of more than $5,500 of the traditional full-service fee of $12,000*. Buyer Agent co-op of 3% paid at closing of your property. OPTION $2,995 -- plus the 3 percent for the agent who bring a buyer ($6,000) for a total selling fee of $8,995, still a saving of more than $3,000 of the traditional full-service fee of $12,000*. Buyer Agent co-op of 3% paid at closing of your property. OPTION Percentage of the gross closed sales price due at closing. still a saving of more than $1,500 over the traditional full-service fee of $12,000*. No other seller agent fees to be paid at closing. If your home is priced right and on the "MLS", it will sell regardless who lists it or what the listing agent charges.. So the question must how much is it going to cost YOU to sell your property?

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