When you sell by owner you do not have to pay a real estate agent for their assistance. Instead, you get to pocket all of the money that you clear on the deal. This is the number one reason that people consider the for sale by owner route.
This method of locating properties actually qualifies Knoxville home for sale 4-5 methods. I'm mentioning it because with Google advertising, it is marketing. There's so much more to Google. You can Google anything. Think about how you could find motivated sellers, where you could market your properties, how you could build your buyers list of investors, how you could build your dream team, find local attorneys, appraisers, rehab contractors, etc. Here are a few samples of searches you could do to find all of these above...
The clearest answer is "yeah, probably." Who can figure out what's going on? Maybe this is what Wall Street legend, Peter Lynch, was talking about when he said, "The man who studies macroeconomics knoxville homes for sale with pool 15 minutes a year wastes 10 minutes." There are too many moving parts to get a true picture of reality!
Make your offer at least 5% below your estimate of value or the asking price, which ever is lowest. In addition, ask knoxville homes for sale by owner a seller contribution of 6% of the sales price toward your closing costs, a $435 contribution toward a home owner's warranty, and ask the seller to pick up the cost of the survey if they do not have an existing survey acceptable to the title company and lender. Your goal should be to eventually negotiate a price at least 2% below your estimate of value, and a 3% seller contribution to your closing costs, the contribution for the home owner's warranty, and the cost of the survey.
The long and short of it is you need to handle everything when you're selling your own home. A good for sale by owner brokerage will get your house listed on Knoxville home for sale MLS so that other buyers and potential buying agents can see find the house, however after that it's all you.
If you want to explode your commissions and attract hundreds of buyers and listings with ease you must read the following below to take your real estate business to the next level.