http://www.youtube.com/watch?v=jyze_lz6uDw
The normal fee for an agent is 6% which is reasonable. However there can be other expenses that will crop up such as insurance, hard money loans, interest on the loan, yard-work, cleaning etc. which will then push the 6 pct of the
Realtors fee to a higher figure.
So it then boils down to what type of property you are looking for and what costs are involved. Remember the Realtor will do all the work for you, so hiring one will prove a handy tool.
Going the FSBO (for sale by owner) Way
Obviously this would seem the cheapest option when buying/selling a property dealing directly with the client with no middle-mans cut involved.
FSBOs offer prices on special Package Listings for nominal amounts within a certain time frame, and if you can cash in on such a deal, you will save a decent amount of money. A Special Package Listing http://www.zillow.com/homes/for_sale/ also includes:
Standing Listing on established online property deals
Instant exposure a full page listing including photographs
Daily statistics daily monitoring of all pertinent information
Mobile a friendly FSBO website will allow mobile contact
Flyers are printed and appear online
An email message service helps you to keep all information personal till you want to respond.
Websites like Craigslist and Facebook give your listing a good appearance.
Open House an easily managed house inspection
From the above you will see there are no hard and fast rules. Tools are available but when deciding on buying and selling property and how to go about it will depend on the market situation as also your own experience and ability.
Hiring a Realtor will give you a break from doing a lot of investigating etc. as also putting together the final deal. If you are selling a property you will probably get a lower price as you are not seasoned and professional in the property market.
By trying to save on the Realtors commission you might lose valuable time and someone else will close the deal. A Realtor knows the ins and outs of marketing properties including staging.
If you are in need of a http://www.cocopalms-condo.info hard money loan to tide over the expense and get the deal done faster, you can approach hard money lenders like Camden Hard Money Lenders. Details and conditions for applying for such hard money loans can be found on different websites.
