FSBO - For sale by owner FAQs
- Do I need an agent for a for sale by owner sale?
- Can I use and agent as well as your site?
- How will people see my listing?
- How do I monitor my advert?
- How do I price my property?
- How do I respond to enquiries?
- How do I receive enquiries?
- How do I know if a buyer is serious?
- What are the benefits of FSBO?
- How much does it cost?
- How do I get started?
- Can I modify my real estate listings?
Do I need an agent for a For sale by owner sale?
You don't need an agent to sell your own property. All you need is a phone and an email address so that potential buyers can contact you directly.
Can I use and agent as well as your site?
You can create a real estate listing on the site even if you have an exclusive sales agreement with an estate agent/realtor. Enter their contact details instead of your own so that they receive the sales leads directly. Alternatively: Enter your contact details and forward them to your agent. Then you'll be able to monitor all enquiries.
How will people find my listing?
Potential buyers will find your property listing by searching on the site. They can search using free form text, as well as using our search tool to select location, price and property details.
Also www.offplanpropertyexchange.com is indexed by major search engines including Google, Yahoo and MSN enabling potential buyers to come to see your real estate listing directly.
Once you've created an account you will want to monitor your real estate listing to see how many people are viewing it. The site presents activity as a bar chart showing how many views there have been for your listing over the past 20 days. The details are brokne down into summary views and detailed views.
Before you create a real estate listing you need to have worked out a fair price for your property. If you are using an estate agent/realtor, they will do this for you. If you are selling without an agent we recommend that you reserach the prices of other similar properties in the area. This can be done by viewing properties on other sites, or in the local press. Remember to compare like with like. For example a ground floor flat or condo will command a lower price to similar properties on higher floors. Property that has a view and is located in what is considered to be a prime spot, will command a higher price to properties that are not.
Other factors to consider are time - do you need to sell quickly, or can you wait for the best price, and of course your own financial situation. Condition is also a major factor - does the property require re-modelling or can the buyer move straight in.
Enquiries will come to you directly. Propsective buyers use the contact details you provided in your real etate listing to contact you by phone, fax or email. Only provide the contact details that you are prepared to make public. The site provides facilities to protect you from spam using captcha during the enquiry process.
Always try to respond promptly to the enquirer, and try to have details to hand. A slow response can cost you a sale.
www.offplanpropertyexchange.com is a FSBO - For sale by owner real estate advertising portal. Potential buyers can contact you directly using either email, telephone, fax, and even your own website.
How do I know if a buyer is serious?
The honest answer is - you never know - so treat all enquiries as if the're serious. It's only at the point that money has changed hands and contracts have been signed that you will know for sure. As John Lennon famously said 'Life is what happens while you are busy making other plans'.
What are the benefits of FSBO?
For sale by owner home selling gives you control of the sales process and saves you money. Lots of money. If you have easy access to the internet, email and a mobile / cell phone - you have all the tools you need to conduct your own sale
There are three property listing options on this site which are showcase, premium and basic. All are for a period of three months and the basic option is FREE. Showcase listings cots $25.00 which is excellent value. Premium real estate listings are $15.
To get started click on this 'real estate listing' link, and you'll be taken to the real estate listing option screen. There are three options which are showcase, premium and basic, and each is for a period of three months. You will be asked to create an account which will give you your own password secured login. Then you will create your real estate listing, and submit it for approval. You can pay for your real estate listing using most major credit cards or PayPal.
Can I modify my real estate listing?
You can modify and refine your real estate listing as many times as you like. Once a modification has been made we check it and make it live.