Archive for the ‘Selling Property’ Category

Sell House Without Agent?

Friday, May 14th, 2010

Sell House Without AgentSelling a home has traditionally involved the use of a real estate agent who has been tasked with the responsibility of marketing and selling the home. For their time and effort they are paid a commission on the sale proceeds. Whilst many view this as a necessary part of the sale process, the question needs to be asked, can I sell this house without an agent?
The good news is that it is actually possible to take control and sell your house privately and for the sake of some time and energy, thousands of dollars can be put back into your pocket.

Before I go through the pros and cons, I feel it is a good idea to explain how the commission process for real estate agents works. In this sense, real estate agents don’t always have your best interests at heart.

Real Estate Agent Commission Structures

You will employ an agent who works for a particular firm; that firm will have a set commission …

Ten Key Reasons to Sell your Residential Rental Properties by Auction:

Friday, October 9th, 2009

AuctionProperty Investment requires selling of houses almost as much as it requires buying of houses. One of the key property investment tips to consider is whether to sell the property by auction. Here are the ten key reasons why property investors need to consider using an auction instead of a negotiated sale to sell their investment property.

1) Transparency

If the residential rental properties are owned by a group of investors, then transparency is a must. The person managing the sale needs to show his fellow investors that the sale was genuine. Too many scandals involving backhanders and under the table dealings have emerged during the recession aftermath to take any risks with your credibility.

An auction is more transparent than an open sale because it is visible, and the formula is simple – the highest bidder wins the sale. This is not that case in an open sale, where the winner may just be the person who entered negotiations first, and this is too vulnerable to …