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Selling by the owner is a very popular term used these days in the real estate market segment. Homeowners who have listed their home as understanding the benefits and recommending it to their acquaintances. If you first heard about the sale by the owner, let me define it – listing it as “Selling by Owner” requires some initial research and knowledge, but the ease it provides in selling a property is well worth the time.

When you make the decision to sell your home on your own, the first step is to research the market that is important to get started. You, as the property owner, need to know the current market price of your property that you can list while listing in MLS. It’s not that you need to do a deeper market research on the real estate market, but you don’t need to know the real estate market in your area at least to decide the price of the property you are going to sell.

The second step to listing the owner for sale is to include the property in a multiple listing service. The question may arise as to why MLS as it is popularly known, but this is today’s most popular platform for selling or selling property. Almost all assets bought and sold are made through MLS, which not only facilitates the process, but also saves a lot of money that is worth saving in this economic crisis. MLS provides a secure platform available to licensed brokers who, in turn, charge a commission of 3% of the sale (approximately) which is approximately half what an ordinary real estate agent would have paid when closing a deal.

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by Tom Heart

 

 

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