selling a property
Selling A Property With Property Direct From The Owner
When it comes to sales, real estate can be difficult. Once you learn how to get a hold of some property, you may feel like the hardest part of being a real estate investor is now behind you. However, there is another key part to real estate investing that you cannot afford to overlook: Knowing how to sell high in a bad real estate market.
Now, when the going is good, as they say, then you may have no trouble flipping properties, selling for big profits and generally turning most – if not all – of your real estate deals into gold. In fact, many real estate investing ‘gurus’ recall the market of just a few years ago very fondly because, in one guru’s words, ‘You could mess up big time and still make money. People did not even have to really know what they were doing’.
In tougher markets, however, you can find yourself spending a great deal of time and energy just trying to get rid of properties once you have obtained them. While you may feel like you are investing full time, you may not be showing the full-time investing profits you envisioned when you got involved in real estate investing. This is because you have begun to focus on getting rid of properties rather than generating wealth with them. The key to generating wealth with properties in any market is knowing how to sell high. Now, the word high may mean different things to different people, but it should always ultimately mean that you walk away with significantly more wealth than you went into a deal with. Understanding all your options in any given market will help you be flexible enough to meet buyers’ needs – even when you cannot trust conventional options to pull them through.
In a market where many buyers describe buying houses as ‘stealing’ them because the prices are so low, you must learn to cater to buyers who are good risks, but may not have the ability to buy conventionally. By doing this, you will be able to create your own mini-market in which you can set your own prices.
For more information on selling your property visit the Property Direct From The Owner website at http://www.propertydirectfromtheowner.com
Selling A Property Yourself - A Guide To Selling Your Property With Property Direct From The Owner
1. What are the benefits of selling my property myself?
By selling your property yourself you avoid paying any estate agents commission which can amount to thousands and thousands of pounds.
2. Do I need to use an estate agent?
By all means list your property with an agent, however this is not essential when it comes to selling your property. More and more property owners are looking for alternative mediums to expose and sell their property. The internet is a huge portal for property and more and more property owners are choosing to advertise this way in an attempt to reach out to a new audience which your traditional high street agent does not have access to. FSBO (For Sale By Owner) websites such as Property Direct From The Owner allow property owners the chance to expose their property to a different audience and all with no commissions to have to pay once the property is sold.
3. Why should I advertise my property with Property Direct From The Owner?
Over 70% of property buyers actually first view the property they end up buying on the internet in the first instance. Advertising on the Property Direct From The Owner website gives your property much greater exposure and in the process makes the property more accessible to a greater spectrum of buyers thereby increasing its chances of being sold. When you sell your property via the Property Direct From The Owner website you have no sales commissions to have to pay.
4. How much money could I save by selling my property direct?
Commissions on overseas properties, whether off plan, resale, brand new etc can be very high. In Spain, Portugal and many other countries in Europe, estate agent commissions generally vary between 5%-8% of the property price. In some countries they can be as much as 10% of the purchase price, so owners and buyers can save a considerable amount of money by dealing direct.
5. How will I receive enquiries?
It is entirely up to you. You can receive enquiries by email, via the Property Direct From The Owner website or, if you wish, be contacted directly by telephone by a prospective buyer.
6. What information on my property will I need?
A detailed description of the property is a good start with information on number of bedrooms, bathrooms along with information on the surrounding area and what your property has to offer to a buyer. You can upload up to 21 photographs to your advert to showcase your property’s qualities as well as a google map to pin point its location.
7. How do I decide on a sales price?
Find out what similar types of properties are being advertised for and have been sold for in your development or surrounding area. You can do this easily by searching on the internet or contact us for help and advice.
8. Do I need a solicitor?
It is a vital you appoint a solicitor to deal with the sales transaction. Your lawyer can advise you on the sales process, look into taxation and any information required from the land registry. Your lawyer will also be in the best position to instruct you on when are where any monies should be deposited for the sale of the property.
9. What do I do if the potential purchaser wants to arrange a viewing?
If you are in the country itself where the property you are trying to sell is then arrange a convenient time to suit with your prospective buyer when contacted. If you do not live in the country where your property is perhaps a friend or a property management company would be available to grant access for viewings on your behalf.
10. Who will finalise all the sale arrangements and deal with the actual sale?
Once an offer has been submitted to the property you are trying to sell then your lawyer needs to be involved in order to begin the sale process and to finalise all the sale arrangements.
11. Can you add my property to your website for me & how much will it cost?
We will happily add your property to the Property Direct From The Owner website on your behalf for no extra charge. It costs £99 to advertise your property on the Property Direct From The Owner website for 12 months. There are discounts available for multiple listings. Visit the Property Direct From The Owner website for more information on contact us directly to discuss.
12. Where do you advertise?
We are very proactive with our advertising and we have to be as you are entrusting us to find a buyer for your property through our website. We spend a large portion of our marketing budget on SEO and PPC advertising as well as appearing at exhibitions and features in leading property magazines (Living Spain, The Good Property and Holiday Guide).
Selling Overseas Property - Selling Property Overseas - Sell Property
Selling Overseas Property
Having enjoyed your overseas property investment for a number of years, you’ve made the decision to sell up and move on to pastures new, or perhaps you’re keen to keep the place but instead wish to upgrade to a bigger place. One thing however is for certain, you’ll need to sell your overseas property at some stage. Property Direct From The Owner http://www.propertydirectfromtheowner.com are a web based property portal allowing owners of international property to sell their overseas property without the need for an estate agent and in the process of doing so saving thousands on commissions and fees normally associated with the sale through an agent.
Selling overseas property can be a stressful experience and given the downturn in the overseas property markets in general over the last few years, no walk in the park. If you’re buying a property within a chain, often you depend on so many external factors even if you do everything right on your end of the bargain that sometimes it doesn’t matter. However, let’s assume you’re only concerned with selling your overseas property – in this case any typical city centre apartment.
If you’re living in the apartment whilst you have it on the market, this can have a huge impact on whether you sell the property or not. Let’s assume that you will be still living there. Perhaps the biggest piece of advice to be given is to try and disassociate yourself with the apartment. You’ve probably had endless fantastic nights and forged many memories in your apartment, but you need to detach yourself now, and think about the new dream to follow.
When thinking about selling an overseas property in a built up area, try and plan any viewings at the time of day you know to be optimum for the natural sunlight coming into the property. This is not always possible as viewings are often arranged around working hours, but if at all possible, this is a good tip. Also, if you are asked to provide photographs – this is a good time to take them. Some estate agents have suggested making fresh coffee or having freshly cut flowers to give a nice welcoming effect which can have a positive effect on the buyer.
Look at your property from an outsider’s point of view. Those little jobs that you’ve been putting off need fixing. Try to brighten up the place which often doesn’t necessarily mean buying new things – rather throwing out clutter or old items of furniture which tend to get in the way. Keep things in order, especially for visits even if you’re an untidy person. Make it look like you look after the place, and it will sell quickly.
Despite what the newspapers and so called property experts are saying, people are still buying overseas property. For more information on how you can sell your overseas property quicker, without the need for an agent, visit the Property Direct From The Owner website at http://www.propertydirectfromtheowner.com
Sell My Holiday Home - FSBO - Selling A Property
Sell My Holiday Home
A question that is posed to us here at Property Direct From The Owner http://www.propertydirectfromtheowner.com time and time again is ‘How do I sell my holiday home?’ Selling a property with an estate agent is not nearly as daunting as it first may appear and if you’re thinking of selling without an agent, the downturn in the current real estate market and explosion of the internet could well make your job easier.
Sell My Holiday Home Without An Agent
If you are looking to sell a house or sell a holiday home without an agent, you are known as a “FSBO” seller. FSBO stands for the phrase “for sale by owner.” Although FSBO sellers have always existed, they have become much more prevalent in the last few years due to a number of primary factors.
The Property Market
The property market has suffered a downturn in recent years and as a result many vendors are looking at alternative ways and means to sell their holiday home. In certain parts of Europe, agents can no longer be relied upon to sell your holiday home if indeed they are still in business. Countless holiday home owners have found the company they bought from 5 or 6 years ago are now no longer trading and as a result need a different form of exposure in order to sell their holiday home. The commissions taken by an agent and fees involved have also put some holiday home owners off from listing with an agent. In Spain, for example, an agent will take 5% of the sales price and all for only introducing the buyer. Consider selling direct by negotiating a price with the buyer and keep 100% of the sales price.
Internet Use
The creation of FSBO real estate listing sites has exploded over the last three or four years. As buyers and sellers become more familiar with these sites they often search online for homes instead of driving areas with an agent. A recent study showed 70% of buyers view the property they end up buying on the internet in the first instance. This has resulted in vendors wondering why they should pay a commission of 5 percent to an agent when a site like Property Direct From The Owner http://www.propertydirectfromtheowner.com only charge £99 for 12 months advertising to list a home on the site. Many couldn’t come up with a reason.
No Agent
The decision to sell your holiday home without an agent is one you should make carefully. If you’re comfortable with the sales process going FSBO makes all the sense in the world. If you’re not comfortable with the negotiating process, then you may want to consider using an agent. Ultimately, your first step should be to visit a FSBO site such as Property Direct From The Owner http://www.propertydirectfromtheowner.com and find out more.
Selling Property Abroad - Selling A Property
Selling Property Abroad
Selling a property without an agent is not for everyone but for those with determination it can be the best way to sell a home. FSBO (For Sale By Owner) companies such as Property Direct From The Owner http://www.propertydirectfromtheowner.com allow owners of worldwide property to sell property without an agent and therefore save on commissions and fees normally associated with a sale via an agent. The internet is now one of the first ports of calls for a buyer to ascertain certain property types before arranging a viewing and websites such as Property Direct From The Owner give vendors additional exposure that they might not normally associate when listing with an estate agent. Here are a number of reasons and advice in how to sell your home without an estate agent.
1.No agency fees or commissions. This is the top of anyone’s list to sell your home yourself. You can save thousands of pounds or euros by selling your home privately without going through an agent.
2.You can value your home correctly, without the aid of an agent. This will take a little bit of research, but if you sell your home through an agent many people will do this anyway to make sure the home is properly valued and if they don’t they should. Many agents do one of two things: Value your home too high to get your business or value your home too low to make a quick sale. Either way, you end up on the short end - it takes too long to sell, or you lose money on the sale.
3.Advertise anywhere you want - local print ads, real estate websites such as Property Direct From The Owner http://www.propertydirectfromtheowner.com and even international web portals. Depending on your home and where you live, you can target the ideal potential buyer.
4.You make the first impression - it takes only a few seconds to impress or turn off a potential buyer. You don’t have to worry if your agent is having a bad day, or wants to sell a bigger, more expensive home. You get to impress the buyer, which leads to the next reason.
5.You know your home better than any agent ever will. No matter how much time an agent gets to know you, he or she can never know all there is to help sell your property.
6.You know the area. Many agents are local and can do a good job of selling a neighborhood, but having lived there you certainly have an advantage in talking about all the reasons to move into an area.
7.You do the negotiating. For some people this is definitely a plus, and for others it isn’t. Those who like to get the best deal will be able to negotiate in their favour and get exactly what they want for the house. There is no one pressuring you to make the deal and therefore they can get their commission. It’s all up to you.
8.Choose your own solicitor. You will need a solicitor to close the deal, and you can choose whomever you want or know rather than an associate of the agent. There are plenty of good ones you can find for reasonable rates, and you don’t have to use the one the agent knows or steers your towards.
9.Show your house when you want to. You don’t have to be on an agent’s schedule. You can show your home whenever you want, depending on your schedule. Of course, the more flexible you are the better chance you have to sell, but it’s your choice.
10.Set your own timeline. All too often, you are at the beck and call of an agent or solicitor when it comes to finalising the deal and conveying the property. When you are the one in charge, you make sure the timeline works for you and your buyer. You can make sure everything is done in a timely manner and that all parties are satisfied.
For further information on selling property abroad or selling your home privately visit the Property Direct From The Owner website http://www.propertydirectfromtheowner.com for further details.