How To Sell Your House In Just 7 Days

How To Sell Your House In Just 7 Days

You don't need a real estate agent in order to sell your house. You don't have to pay MLS listing fees. And you don't have to spend thousands just to get your house sold. With this simple computer-based course, even people with no background in sales, psychology, or real estate can easily can sell their house. Real estate agents take a huge commission, and often they do not have access to any information that you can't get yourself. You have all the tools that you need to sell your house and save anywhere from $15,000-$50,000 on real estate commissions. Just think about what you could do with an extra $15,000 or more This course is worth thousands of dollars to you. You don't have to lay down and let people take huge amounts of money from you. You can learn to sell your house better than any real estate agent in 7 days or less with this simple course. Read more...

How To Sell Your House In Just 7 Days Overview

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4.7 stars out of 12 votes

Contents: Online Course
Author: Brian Gulledge
Official Website: howtosellyourhousefast.org
Price: $47.00

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My How To Sell Your House In Just 7 Days Review

Highly Recommended

I started using this ebook straight away after buying it. This is a guide like no other; it is friendly, direct and full of proven practical tips to develop your skills.

When compared to other e-books and paper publications I have read, I consider this to be the bible for this topic. Get this and you will never regret the decision.

Checking out a typical real estate transaction

A couple decides to sell their house and enlist the services of a real estate agent. You're one of several brokers or salespeople the couple invites to their home to hear your listing presentation and explain what services you offer. In addition, you probably advise the couple on what price they'll be able to get for their house. After meeting with several agents, the couple chooses you, signing a listing agreement and agreeing to allow you to represent them as their agent in the transaction. (For more on listing agreements, see Chapter 4.) As the couple's real estate agent, you begin marketing the property. In communities that have a multiple listing service (MLS), you enter their house information into a computer so that all other agents in the community can see what you've listed for sale. (See Chapter 4 for more about MLS.) In communities with no MLS, agents may spread the word around to other real estate agencies that they have a particular house for sale, and they may depend...

Why Sellers Cant Save Money by Selling on Their

We basically work for free and we are going to take tons of money and promote a home and we don't get paid unless it sells. What a great deal for homeowners We are going to sell their house for them, which is going to net them the same amount of money as if they went through all that time, expense, and aggravation on their own.

Picking sides Representation in agency relationships

CjftClffy I talk about the relationship between brokers and salespersons in Chapter 3, but I want to say ' something more specific about brokers, salespeople, and the agency relationship. Licensed real estate salespersons work for and under the authority of a licensed broker. The agent in an agency relationship is the broker. The salesperson is considered an agent of the broker and a subagent of the seller or buyer (depends on who the broker is representing), forming one of the more common types of subagencies. However, enlisting the help of other brokers in the sale of a property is equally as common an idea. This can be done through a local multiple listing service (see Looking at listing agreements later in this chapter) or with individual brokers. These other brokers, who often are called cooperating brokers, also may become subagents of the seller. (It's not common to enlist the aid of other brokers when a broker is representing a buyer.) The point is you need to check out the...

Selection Of Marketplace

However, a broker's past production, while a perfectly valid reason for selecting an office location, is not the most objective. A broker may also consider market activity in various neighborhoods or towns. By using statistical data available from the local multiple listing service, a broker can get a clear understanding of market activity. (See Personal Exercise 19.) Market statistics for the previous 12 to 24 months should be examined for each neighborhood or town in the broker's marketplace. By comparing this statistical activity with the broker's niche, it is possible to discover a natural town or marketplace fit for the brokerage.

Looking at listing agreements

A multiple listing service or multiple listing system (MLS) isn't really a type of listing as much as it is a marketing service that permits brokers to share listings with other brokers. A broker gets a listing to sell a house and then puts it on the local MLS. Tens, if not hundreds, of other brokers look at that listing, and one of them may have a buyer for the property. In an MLS arrangement, the broker who has the agreement with the principal is the one who earns a commission on the sale, although he often may split that commission with other brokers who helped bring about the sale.

Pay up Deciding who needs to pay an agent

Looking at an example of a seller paying a buyer's agent may help you understand. Broker A is hired by Seller A as a seller's agent. Broker A will be paid a fee, usually in the form of a percentage commission based on the sale price of the house. To sell the house quickly and at the best price, Broker A puts the word out among other brokers in town that he has a house for sale, which is what usually is called a listing. Broker A may do this informally by phoning a few other brokers in the area or through a multiple listing service, which is a more formal arrangement for sharing listings (see Looking at listing agreements, earlier in this chapter), and he offers to split the commission with any broker who brings someone to him who buys the house. Most likely he eventually executes a written agreement for sharing the commission with the other broker. Broker B is acting as a buyer's agent for Buyer B and brings Buyer B to Seller A's house. Buyer B likes the house and buys it. Broker B...

Categories of Sellers

Sellers who are committed to selling but want to do it on their own. They usually want to do it on their own to save the commission or because they had a bad experience. With this type of seller, what should you focus on You should focus on having them buy into the value of the real estate industry, meaning that they will sell their house for more money and more quickly by using the services of an agent. Now, if they buy into that and you're the one communicating the message, they will obviously buy into you.

Thats Right Today You Definitely Get Organized

In every office there seems to be at least one agent who is exceptionally well organized. She always has the latest information on interest rates and loan programs, better property files than the local multiple listing service, and a personal data card for every person with whom she has ever done business. Her closed-deal files are masterpieces of organization, showing who said what to whom, and when. Find out early who this is in your office, and ask if you can look over her system.

Classified Advertisements

Competition than if the property was listed with a real estate firm, as the firm would not only put a sign up on the property and run (much larger) ads in the newspapers, but they would also have the property, complete with photo, listed in their real estate magazine, in the computer system for their franchise organization, on the Web, and maybe even with a multiple listing service so that just about any agent or buyer can find it.

Payday Number One Expired Listings

Have your agent ally search the MLS (Multiple Listing Service a database of properties for sale that only real estate agents have access to) looking for properties that didn't sell and whose listing has expired. These owners are far more likely to have grown motivated and are ripe for you, the investor, to call and put a deal together on their house.

Dollar Amount Of Appreciation

If that 4 rate over the last 50 years is accurate and a homeowner purchased a home four years ago for 175,000, then that home may be worth 204,725 today if the rate of appreciation over the past four years has been at the average rate. There are two ways to get to that answer. Multiplying the purchase price by 1 plus the growth rate four times will get us there as shown in Equation 8.1. Each multiplication means that the homeowner will end up with the beginning value plus the additional 4 . After year one that means the homeowner will be earning appreciation on the previous appreciation in addition to appreciation on the initial home value. This is the compounding process at work. Home value 189,000 x 1.04 x 1.06 208,353.60

Finding the Sellers and Moving the Merchandise

Lots of positive things happen when a good listing comes into the office. First, everyone, including all those using the local multiple listing service, can start to look for a buyer. In most cases, no matter who finally sells a listing, the listing agent and broker collect their fees. Second, the listing can be advertised, which generates activity that benefits the entire staff. Finally, a For Sale sign can be placed in the yard and having those in front of dozens of prime properties (with a rider with your name prominently displayed on many of them as the listing agent) is one of the best forms of advertising possible.

The Six Step Buying Process

The third thing we will do is select the houses we're going to look at. Now, what I'm going to do is show you all of the houses that are currently on the market. Not physically, but through the multiple listing service, our in-house inventory, etc. The reason I want to do that is because, Charles and Debbie, assuming we find the right house today, I don't want you to procrastinate, thinking, Is there something better out there for me So, this way you know I have already shown them all to you. Does that make sense Great.

Home equity credit line loan

By far the fastest growing form of mortgage loan in recent years has been the credit line home loan. It is a second mortgage loan that permits any number of draws or balance reductions, subject to a maximum of 75 to 80 of house value, including the first mortgage loan. The monthly payment typically is the greater of a fixed percentage of the current balance, usually 1 ' 2 to 2 , or a modest dollar minimum. The interest rate is variable, usually prime (or another short term interest rate) plus one and a half to two percent. Draws against the mortgage usually are by check, though in some cases credit cards access the credit line.

Find out the Sellers Motivation

Is this important for you to know Absolutely. Just as we said above, we want to know what they're committed to, because that's what we're going to focus on during our conversation. Our job is more than to sell their house it's to help them meet their objectives. The more you know about their goals, the better you can help structure a deal that works for everyone.

Review the Listing Agreement

If it's not your listing, you won't have the agreement, but you'll have the printout. You should look at how long the property has been on the market. Also, if the listing agent will tell you, find out whether they've had any offers and, if so, for how much, etc. Why do we want to know this Sellers who have had a lot of offers may realize they lost some opportunities to sell their house and may be more motivated. Or this might tell you that they are tough cookies. If they've been on the market for only a few days, you ought to know that too.

Step 6 Mail Out Your Intro Letter

There have been numerous changes in real estate regulations and policies since you bought your home, and agent continues to educate herself himself to stay current and competitive. So, if you or any of your family members or friends have any thoughts about selling your home, you can be confident that agent will provide you with superior service in a professional manner. You will be hearing from agent in the next few days to introduce herself himself and offer her his assistance if you have any questions about any real estate related manner. I also invite and encourage you to call me personally.

Loans in Excess of Equity 125 Mortgages

These are second mortgages that exceed the home value by 25 . It is estimated that 10 billion in these loans were made in 1999. They are considered by some mortgage arrangers as a very hot product. While many of the larger mortgage companies will not touch these products, many mortgage brokers, including some of the larger ones, are

Square Footage Measurements

In some marketplaces, agents are required to measure the square footage of homes in order to enter the property into the multiple listing service. The problem is that most agents have never been trained on how to properly measure the square footage of a property. If a broker is in such a marketplace, he or she needs to provide training on how to take such measurements.

Conveyance

Unless the property is part of a platted subdivision the buyer should obtain a survey of the property. For extra caution, the buyer could make the contract contingent upon the survey being satisfactory. Of course the buyer would prefer that the seller pay the cost of the survey. (See the survey clause on page 106.) When the buyer is relying on a description provided by a real estate agent, he may want to state something like, as described in MLS Listing Number 123456.

Coming face to face

Seller, I understand you are selling your home on your own. Let me ask you this Are you cooperating with real estate agents What I mean is, if a real estate agent brought you a qualified buyer at an agreeable price to you, would you be willing to pay a partial commission

Welcome Aboard

When you get your license and affiliate with a broker, you will be entering a functioning business. It will be your job to fit in and learn the ropes, but the system will be there. Real estate brokerages need to compete. They must stay up-to-date. Even if they came into the computer age dragging their feet, they must adapt if they want to survive. That's good for you as a newcomer. As you gain experience, you can build on and exploit any technological expertise you might attain, but in the beginning, you'll simply be expected to pay attention and learn how to operate the current systems and programs. If there is a formal training program, it will constitute a major segment of the curriculum. Pay particular attention to those agents in your office who are generating substantial leads and income from their web sites. I'm guessing one of your first exposures to formal computer training will be your indoctrination into your local Multiple Listing Service,...

Showing Properties

Although you will be current on the general inventory, you need to revisit properties you have selected to show a specific prospect. You also need to review your files on expired listings and fizzbos to see if there are any possibilities for a one-party listing. When looking at the material on the multiple listing service, read the information carefully. If it says to show only in the afternoons, that is when you need to make the appointment. If it says not to let the cat out of the garage or not to pet Fang the Doberman, take notes.

Subordination

The Subordination clause simply states that any leasehold interests, which is a legal phrase for someone who has a lease, are subordinate to or less important than any liens or encumbrances that are in effect upon the property or that could be made in the future. For example, when you borrow money by taking a mortgage and using your home as collateral, the bank places a lien on your property. This means that if you try to sell your house, your bank can insist on being paid before you can transfer title to the new owner. Since a lien is something that could prevent a transfer of ownership, it is often referred to as an encumbrance. Think about this for a moment. In most cases, a property is not owned by the landlord outright there is a mortgage with a bank. Imagine, if you will, the bank's not being able to foreclose if you fail to pay your mortgage, simply because you have a tenant living in the property. Banks would never make loans unless their mortgages were primary to any other...

Home Sellers Power Tips

Home Sellers Power Tips

How To Sell Your Home for The Best Price You Could Ever Imagine! Home Sellers' Power Tips. 33 Minutes Audio Book with Insider Tips, Tricks and Special Tactics to Sell Your Home Easily for the best price possible! 99 Tips For Selling Your Home For Maximum Profit! You are thinking about selling your house. Nervous? Of course, because you have heard that Legal and other formalities for selling or buying property is a nightmare. As the owner, you want to make maximum profit from the sale of your house without making any of the common mistakes. This Audio Book will guide you through the important things you should know before selling your house for maximum profit.

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