Flat Fee MLS

With the average house price approaching $250,000, sellers are balking at the prospect of paying up to $15,000 in real estate agent commissions to sell a home and are looking for cost effective alternatives - Flat Fee MLS by UIHS Realty is one.

Flat Fee MLS provides home owners to list their home on the MLS and gain the market exposure neccessary to generate potential buyer interest at a fraction of the cost - a few hundred dollars comparted to thousands.

IHS Realty is a leading provider of online flat fee MLS services together with a very wide range of services to support both buyers and sellers to list, market and close on a home sale.

See Also

• IHS Realty’s Flat Fee MLS Listing service by Owner
  Owners now have an alternative to extorionate real estate commissions using IHS Realty’s Flat Fee MLS by Owner

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Holding an Open House is a great way to market your home - so is the MLS

Combining the power of the MLS marketing system with a dedicated and motivated seller is a sure fire way of getting your home sold.

Real estate agents either love or hate open houses, not least as the most popular day for them from a buyers point of view is Sunday - how many realtors work Sunday ?

If you are in control of your home sale, you can list your home, and open house dates on the MLS and combine the MLS marketing advantage with the personal touch of an open house.

See Also

• IHS Realty provides all the resources you need with the MLS to sell your home

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And should I make one, or accept one?

A backup offer is an offer that is negotiated like any other offer until the buyers and sellers reach a price and terms that are mutually acceptable. A unique term of the agreement is that it is accepted as a backup offer subject to the collapse of a previously accepted offer that is in primary position.

Backup offers are an much underused aspect of real estate negotiations. If you are looking for a home to purchase, you make a backup offer on a property that is currently under contract and continue looking. You simply make an offer and go through the negotiation process as if you are making the original offer. Once you and the seller agree on the terms, your backup contract sits in limbo until the original contract is closed or the deal falls through. The whole idea is to have an offer on the table should the original deal not work out for any reason.

For sellers, it’s a great tool for leverage. You never know when a deal could fall through. There are many reasons why contracts don’t close - financial matters, seller changes his mind, property conditions, unfavorable mortgage terms. If the deal does not close then the seller must continue marketing his home. A backup offer saves time and reassures you that your home is of interest to the market.

See Also

• Contract Forms
  Need contract forms? You can order your own contract package right here for one low price. Everything you need in one package.

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Then refuse to listen to solid advice

If you aren’t getting many showings or offers - that’s a sign.

Most people think that if their home isn’t getting shown enough - it MUST be the agent’s fault.

Well, you shouldn’t blame your agent for everything. Sometimes, home sellers just aren’t paying attention. They’re not paying attention to their agent, the market or the buyer’s who are telling them they are just priced too high. In a word, it’s easy to get attached to the fantasy that somehow your house is worth more. Don’t be taken in by it.

First, you need to get a comparative market analysis of your house to see what other houses in the same neighborhood with similar amenities have sold for. Then, and only then, should you set a price. Don’t base it on what sold last year. Your comps have to be recent enough to give you a decent view of how the market is operating today. Otherwise, you could end up overpricing your house and an overpriced house won’t sell.

See Also

• Order Your Comparative Market Analysis Today
  Learn how to price your house right.

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You don’t want to scare buyers out of purchasing your home

Many for sale by owner sellers are not able to show the home to potential buyers in an objective manner. Often the seller skews the home showing to his own point of view, talking about experiences that he and his family have had in the home.

When you show your home be sure that you don’t bore potential buyers with all the memories you had while living there. You might just scare them out of buying the house. If you talk about all the positive memories you had the buyers just might leave and not call back, thinking they would be stealing your positive memories if they bought your house.

Instead, think about the houses positive features. Why would you buy it? Sell the benefits of the house to your potential buyers and leave the memories for sharing with your friends and family after the house if sold.

See Also

• More Home Showing Tips
  Use these pointers when showing your house to potential buyers

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Expect this tool to become more popular in 2007

Call it virtual voyeurism: By August 2006, 51% of all Internet users had taken a virtual tour of a piece of real estate, according to the latest release from the Pew Internet & American Life Project, up from 45% in November 2004.

You can expect in increase in these numbers in the next couple of years. Virtual tours will soon be an absolutely essential point of marketing for sellling your house online. If you want to hit buyers where they need to be hit to make that decision, a virtual tour will be the one thing that will give you the edge over other home sellers.

In fact, if you want potential buyers to come and look at your house, you will have to get them to take a virtual tour, then they are more likely to contact you.

See Also

• Virtual Tour
  Get your virtual tour at IHS Realty for $149.95.