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Tuesday, December 28, 2010

Do You Want to Sell Your House Yourself?

If you think you want to sell your house yourself, you may want to reconsider. In today's real estate market, it can be difficult to sell any property without professional help. However, many people do not want to pay out high commission rates to real estate agents. There is a way to sell your house yourself without having to pay these outrageous fees, though. When you list your home with an online real estate company, you can save a lot of money.

Real estate and letting agents that work for an online company can offer you the same services as traditional real estate companies, but for a lot less. You will still have all the say in how the sale proceeds, just as if you were to sell your house yourself. You'll have several options and here's how it all works.

You decide if you want to pay an upfront fee or pay a percentage of the sale price. For those that want to pay upfront, you'll likely save more money. For example, for as little as 199, your home can be listed with no time limit to complete the sale. These companies also employ letting agents if you should decide that you would rather become a landlord. The services will vary between companies, but the following services should be included:

First, the agent should come to your home within just a day or two to take pictures, create the floor plan and discuss the asking price. They can offer a valuation for your home, but its ultimately up to you what the selling price will be. Once they have all the information, they can set up a mini-website for you, as well as submit your property to the real estate websites that have the most visitors.

Through the website, you can track the progress of the sale, including the number of people who have viewed the property. Once interest is expressed in your property, the company will contact you to set up a viewing. They will also negotiate with the potential buyer to make sure you get the best offer for your home. They will also make sure that all offers are made in writing. The above services are one reason why its better to use an online real estate company rather than try to sell your home yourself.

If the buyer has decided to proceed with purchasing your home, the online real estate company will take care of all the paperwork and arrange for payment, either to your lender or to you personally. Once all the paperwork is completed, you can relax knowing that you have made a great choice. While it may sound tempting to sell your house yourself, an online real estate company will save you time and money.

Letting agents are also available for those that want to find top-notch tenants for their properties. These letting agents will do the same for your rental property in terms of advertising it online. The letting agents will also take care of reference checks, credit checks, contracts, and inventories. All of this is available for a very low fee.

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