Jim in the News
Helpful Real Estate Articles for Sellers
How Sellers Should Choose a Real Estate Agent
Selling Your Home Over the Winter?
Home Staging Explained
Can I Sell My Home Myself?
Free Home Seller Seminar
Real Estate Market Conditions
Why Buy With Us?
Free Home Buyer Seminar
Real Estate Market Conditions
32 Muirfield, Aston Oaks
2723 Powell Dr., Westwood
6427 Bridgetown Road #8, Condo in Bridgetown
3409 Hilda Ave, Cheviot
629 Heritage Square - Harrison Condo
5194 Parkvalley Ct.- Monfort Heights
643 Genenbill Dr. - Delhi
5766 Chancellor Lane - Morrow
5524 Edger Dr. - White Oak
3204 Lapland Dr. - White Oak
8020 Brooks Dr. - Harrison with 24 acres
5254 Willnet Dr - Covedale SOLD
3141 Westbourne Dr - Western Hills SOLD
6401 Aspen Way - 2 Family - College Hill SOLD
2368 Buddleia - condo -Mt Airy
5420 Scarletoak - condo - Mt Airy SOLD
5205 Willnet Dr. - Covedale SOLD
3382 Parkcrest Ln - Westwood/Cheviot SOLD
2356 Park Ave. #37 - Walnut Hills - The Verona
9492 Shadyoak Ct. - Springfield Twp - SOLD
2164 Bolser Dr - Reading - SOLD
5612 Hickoryridge Ln, White Oak - SOLD
5471 Palisades Dr. Delhi - SOLD
351 Terrace Ave. Clifton - SOLD
11834 Colerain Ave. - Colerain Twp - SOLD
6751 Kelseys Oak Ct - condo in Bridgetown - SOLD
10530 Wyscarver Rd - Evendale SOLD
5168 Castlebrook - Monfort Heights SOLD
3422 Melodymanor Dr. - White Oak - SOLD
2616 Ocosta - Westwood SOLD
8830 Carrousel Park - Colerain Condo SOLD
2059 Greenpine Dr. - Springfield Twp. - SOLD
5561 Clearview - Bridgetown - SOLD
7303 St Ives Place - West Chester - SOLD
3830 Powner Rd - Bridgetown - SOLD
3416 Brookline Ave - Clifton SOLD
1179 Lake Trail Drive - Delhi - SOLD
7406 Dawson Rd. - Madeira - SOLD
1218 Neale Lane - Loveland - SOLD
1207 Neeb Rd. - Western Hills - $650,000 - SOLD
219 Shepherds Run Dr. - Loveland - SOLD
5297 ProsDr. - Condo in West Chester SOLD
2917 Minot Ave, - Oakley - $200,000 SOLD
472 Grandin Ave, Springdale, SOLD
3314 Emerald Lake #29 -Condo-White Oak - SOLD
6680 Waverly Park 3bedroom with loft, Morrow -SOLD
110 Country View Dr. Harrison $145,000 - SOLD
7950 Woodruff Rd. - Anderson - $130,000 - SOLD
1181 Lake Trail Dr. - Delhi - $400,000 -SOLD
3671 Coral Gables - Green Twp - $110,000 SOLD
4352 Cappel Dr. - Price Hill - $110,000 SOLD
3105 Auten - Pleasant Ridge - $50,000 - SOLD
2061 Southacres Dr. Western Hills - $379,900- SOLD
5267 Eaglesnest Dr. -Bridgetown - $125,000 - SOLD
374 Bexley Ct. - Condo in Mason - $70,000 - SOLD
3297 Harry Lee Lane - Groesbeck - $115,000 - SOLD
2624 Lytham Ct. - Western Hills - $399,000 -SOLD
5524 Palisades Dr. - Delhi Twp. - $649,000 - SOLD
17 Shady Creek Lane, Amelia - SOLD
4340 Brookdale Dr. - Bridgetown - $118,900 SOLD
466 Purcell Ave. - Price Hill - SOLD
2086 Stratford Ct. - Condo- Loveland - SOLD
6340 Conifer Ln. - Colerain - SOLD
8138 Bertwood Ct. - West Chester - $161,999 - SOLD
2578 Crest Rd. Colerain Twp SOLD
5533 Liberty Woods Dr.- Liberty Twp. SOLD
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Can I Sell My Home Myself?
Of course you
sell your home yourself!
The question is
you sell your home yourself.
Studies show that 38% of people who sell their home themselves do it to save a commission. I can understand that, it sounds reasonable and seems easy enough. 6% or so, seems like a lot of money. The majority of the others do so because they already know the buyer.
Studies also show that homes sold by the owner sell for 15.4% less than homes sold with the assistance of a Realtor. What happened to the 6% savings?
Why has it has become a
loss of 9.4%
There are several reasons.
1. Usually people looking at FSBO (For Sale By Owner) homes
to pay less. They are shopping there because
want to save the 6%. After all, it's the same home, with more work, more risk, less service and more difficult to negotiate. Why should they pay the same price.
2. Owners don't have access to the right marketing tools. They can't use MLS, Realtor.com or most other websites. See how the FSBO websites compare to the Realtor websites below. Also check out the "Why List With Us " page under the Sellers tab.
3. It may be the first or second time an owner ever sold a home. They just don't have the time, experience or the know how.
FSBO transactions have steadily declined over the last 12 years from 18% of sales to just 9%. Half of those already knew the buyer.
The majority of FSBO homes are eventually listed with a Realtor. If fact of all homes sold, 5% were previously FSBO homes that didn't sell.
If you are interested in selling you home yourself, in spite of the facts, I hope you beat the odds and can do it. If it doesn't work, I also hope you will call me. I would love to represent you in the sale of your home.
Before you do though, give yourself an advantage, watch our video.
Professional Services for Sellers
The process begins with evaluating your property to make sure it is in the best condition to secure the highest return. Your property must align with the competition and be promoted to the appropriate buyers.
Elements of the Selling Process
We will explain:
State agency disclosure
State property condition disclosure
Fair Housing requirements
Federal lead base paint disclosure
Deed and title
Mortgage pay off
Work to obtain the most favorable
price and terms
Work to obtain sale of greatest
Screen buyers’ qualifications
Prepare and deliver counter offers
Refer you to a title and insurance
Follow-up on financing and appraisal
Manage contingency removal
Coordinate the title search
Coordinate home owners insurance
Arrange an owners title policy
Schedule closing, review settlement
documents and attend closing
Provide you with post closing follow-up
Marketing Your Home
Evaluate home for marketability
Provide market research
Provide a dynamic marketing plan
Refer you to a relocation expert if moving from the area
Perform follow-up and prospecting activities to maximize sales
Establish good coop relations
Provide showing feedback
Provide market activity and market trend updates
Evaluate competitive position, recommend solutions to objections
Develop a competitive pricing strategy
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Copyright 2008 by Jim Basquette
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