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Started by : Ekta Dutta, Hedge Fund Analyst/Trader, ING Vysya Bank   05 22 2010 07:57:38 +0000
Industry : ConstructionFunctional Area : India(Markets)
Activity:  78 views;  last activity : 07 06 2010 20:18:09 +0000

Are you willing to trade  time and effort to save thousands of rupees? The average fee real estate agents charge to help you sell your house is 6% of the purchase price.

http://reecenicholsimages.fnistools.com/images/uploads/teams/109152/content/270284/Pretty%20House.gif

That can be a lot of money on top of other preparation and closing costs. If you are willing to spend time collecting some information, learning how to advertise your property for sale, conducting open houses, and escorting visitors, you can sell your own home without a real estate agent.

So users, I would like to ask you all, how will you sell your house without the help of a broker?

 
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1 2 3 4 5
1 Attract buyers.
2 List your home for sale
3 Finalize the sale of your home.
4 Refurbish front elevation of your house and hang a plate for sell
5 By putting it on the market
6 go through print media or mouth to mouth publicity
7 go through prin media or mouth to mouth publicity

Attract buyers.

idea posted by Ekta Dutta Hedge Fund Analyst/Trader, ING Vysya Bank

You can inform potential buyers that you are selling your home through local classified advertising, word-of-mouth, and yard “For Sale by Owner” signs. But far and away the most effective way to advertise that your home is for sale is by listing it on the Multiple Listing Service (MLS). You can see examples of homes for sale in your area at different real estate websites.

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List your home for sale

idea posted by Sarika Singh Assistant Professor, BIT

To list your home for sale,

1) You need to collect basic information on size and features, you need good pictures of the outside of the house and each clean, de-cluttered room

2) Write brief description using keywords that buyers like such as: gourmet kitchen, granite counters, exceptional schools, professional landscaping, near lake or golf course, or ready to move-in.
3) In the details of the listing, add information on room sizes and interior and exterior features.
4) When a prospective buyer visits your home for sale, pick up and spot-clean all surfaces.
5) Give the buyers plenty of privacy to look around.

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Finalize the sale of your home.

idea posted by Anjali Bhatia Construction-Heavy, Sobha Developers

There may be offers and counter-offers and lots of discussion, but when it is time to actually make the sale, it is also time to get the professionals involved. You need a lawyer to construct the sale documents, you need to create and jointly sign disclosure agreements, and the buyer’s lender will want title searches, appraisals, surveys and verifications. Although you saved lot of money in agent fees, the closing is not the time to save money. Having professionals involved in the document preparation and signing protects you and the buyer.

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Refurbish front elevation of your house and hang a plate for sell

idea posted by Mohammad Bakhsh Project Leader/Managing Consultant, Freelancer

The USP for selling a house play a very pivotal roll in selling the house.Improve and refurbish front elevation of the house  to be sold.The plate for selling the house require to be hanged at prominent place possibly with brief details of accommodation available. The nitty-gritty for selling the  house has to be made simple so that buyers could feel at home while  negotiating a deal.

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By putting it on the market

idea posted by Vinod Yadav Marketing Manager, L & T
Listing it and advertising it locally Engage professionals' services e.g. professional valuers to put a fair price, legal help for documentation purposes Refurbishing it, a fresh coat of paint, Features of the house for sale, photos, location, directions, services nearby etc.
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go through print media or mouth to mouth publicity

idea posted by qaiser Freelancer, Freelancer

Local print media is the best solution and also mouth to mouth publicity

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go through prin media or mouth to mouth publicity

idea posted by Rajesh Kumar Thakur Regional Sales & Marketing Manager, E G Gas Limited
Local print media will be great help with saying brokers excuse.
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