Years ago, the only way to see the homes on the local multiple listing service was to go into the office of a licensed real estate broker and ask for help. These days, not only is it possible to sell your home online yourself, but it's possible to look through the entire inventory of the multiple listing service on various websites.
The information is no longer controlled by licensed brokers and their agents, although people with real estate licenses are still the only ones who can legally collect a real estate commission. So, in a very real way, the internet has leveled the playing field to the point where anyone can advertise a home for sale online in one or more places. And of course it's even possible to list your own home on the local multiple listing service by paying a flat fee to a licensed broker.
So, knowing that you have all your options, how do you know if you should sell your home online or list it with an agent? The only truthful answer to that question is "it depends, "because it really depends on you and your own knowledge, skills and willingness to learn. It depends on whether you are comfortable asking for help when you don't know what to do, or whether you'd rather pay someone who already knows what he or she is doing as far as selling a home is concerned. The decision to sell your home online is not really about your particular house, it's about you.
Do you have the ability to make appointments to show your home when it's convenient for each buyer? Do you have the necessary form s to prepare a Sales Agreement when someone wants to make an offer? Do you know the requirements for a Seller's Property Disclosure Statement in your area? Do you know your state requirements for holding earnest money you collect from a buyer between the time an offer is made and the sale is closed?
Do you know what happens to the earnest money if the sale does not close for some reason? None of these questions are difficult to answer, but they require some work on your part, or some experienced assistance. Having a friend or relative who has sold a home by owner can be a great asset, but you still have to consider any updated laws in your area. Make sure that you prepare yourself as well as your home itself when you chose to sell it yourself online.
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For people who need to
sell a house fast for cash, Leo Kingston has been offering home owners in the Oklahoma City area a means of quickly selling their home without the need for Realtors or banks. There are no fees or other costs associated with selling homes to 18002sellhomes.
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