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Although many people think about real estate sales when they hear the acronym FBSO that is not what it is all about. FBSO - for sale by owner - can apply to any product sold directly to the consumer without using a third party. Companies like EBay and Trading Post have led the way in recent years in helping people sell their own goods and earn far more than they ever could have relying upon a third party to do it for them. FBSO aka For Sale by Owner is thriving in Australia. As an alternative to hiring a real estate agency has long been in use in the US and Europe and in several countries even accounts for as much as 40% of total real estate sales. Here in Australia we are also now seeing a new kind of real estate marketing firm emerge. Companies like Buymyplace.com.au are leading the way with a slew of services to assist homeowners in selling their property quickly and easily. Why are people turning to companies like Buymyplace.com.au? Yes the savings on real estate agency commissions and threw lack of pressure are important factors but people are also attracted to the fact that FBSO has been proven to work. The sense of control is something that appeals to many homeowners as well, someone else does the Leg Work. The first step is to call an FBSO real estate marketing company for help. We use Buymyplace.com.au as an example because they do seem to offer all the services you will need to sell your property. They will organize the photographer to take great pictures of your house, the valuation, explain all the legal stuff and make sure your property is listed on all the major real estate sites. They will even write your ad and arrange a For Sale sign if you need them too. Making Your First Decisions One of the first decisions you will have to make is how your property will be shown. Do you want to make it Open for Inspection letting all kinds of people walk through the doors to have a look around? Or do you want to implement a appointment schedule? This is very much a personal choice. Some people prefer the open inspection because they want to catch every potential buyer they can and understand that other people have busy lives too. Alternately companies like Buymyplace.com.au offer a Property Assist service, sending one of their staff over to conduct showings for you. Time to Negotiate This is the scenario. You have an interested buyer but their offer is not quite what you are looking for. At this point you are in control, no real estate agent to sway your mind one way or the other. If you want to stick to asking price there is a trick that often works. Politely tell the buyer that the asking price is negotiable and that you do have other offers on the table you are reviewing. However, you would really like to work with them because they are great people. You may be surprised at that point how fast that low ball offer goes up to meet your stated asking price. Tying Up the Legal Ends Great, settlement time is around the corner. Once more an FBSO seller is in charge. You can decide when the settlement will take place, no relying on a real sate agencies schedule. The typical Australian settlement takes 3 months but if you and the buyer want to get business taken care of faster you can. Basically you get your deposit, everyone signs the contracts and your lawyer takes care of the rest. See, nowhere near as difficult as a real estate agency angling for your business would have you believe. Next Real Estate you want to sell, think of Related Articles -
FBSO, Real Estate,
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