That’s a great opportunity for home sellers

Buyers like the Filadelfias, as well as sellers, are increasingly accessing information on real estate Web sites to become better educated about the housing market and to gain more control over the buying and selling process.

A National Association of Realtors survey reported that 77 percent of homebuyers used the Internet to search for a home in 2005, compared to only 2 percent of buyers a decade earlier. Twenty-four percent of homebuyers said they found their home through an Internet search, up from 15 percent in 2004, the association reported. Only 2 percent found their home this way in 1997.

The beautiful thing about these statistics is that home sellers can now use the same tools that real estate agents used to have exclusive access to. It’s true. If you want to sell your house yourself, you can use the multiple listing service and cut your agent out of the picture altogether.

Buyers are going online to research the real estate market in your area long before they ever contact a real estate agent. That means, they have a handle on what’s available before they commission an agent to negotiate a fair price. That’s money in the seller’s pocket. You can negotiate the buyer’s agent commission down to 1%-1.5% based on whether or not the buyer of your property found your house or the agent did. Furthermore, if you sell your house without the assistance of a seller’s agent, you can save thousands of dollars on commissions.

Flat fee real estate services are the way to go. Don’t miss out.

See Also