Why You Can Register and Sell Your Home On Your Own.
Clickable Contents:
Click on any of these topics to read the full descriptions below...
Why You Can Register Your Home for a Flat Fee
- What is FiSBO Registry, Inc?
- How can FiSBO Registry, Inc. help me?
- Will buyer agents be interested?
- Will sales agents be interested?
- How does my property get into the newspapers and homes for sale magazines?
- Can I tell the Registry where to advertise?
- How will the buyers contact me?
- Can these exclusive buyer agents negotiate for me?
- Can I list my home with a real estate company and still have the exposure?
FiSBO Registry, Inc. will become the nation's most exhaustive database
of For Sale By Owner properties. It also offers the added benefit of
providing privacy. For sellers, FiSBO Registry, Inc. does not publicly
identify your name, address, phone number, or driving instructions. For
buyers, personal financial information is never provided to the seller.
Thus, this detailed database comprises serious sellers who have made the
effort to be correct in all the information submitted. Most other
internet FSBO sites are either regional, are commercial advertising
ventures, or do not provide in-depth details on each property. Database
integrity, to the best extent possible, is assured by means of a
fee. In
addition, you receive a number of practical home selling tools and a
financial services pack (included in the
Homeseller Toolkit)as part of your
fee.
FiSBO Registry, Inc. is a nationwide database of properties For Sale By
Owner and compiled on the Internet. This data base is accessed by homebuyers
throughout the world. Many experts believe the Internet is the most
effective way to market your home.
It can give you the greatest market exposure available today. In the past,
For Sale By Owners, have been limited to yard signs and local newspaper
advertising that can become very expensive and is seldom effective.
FiSBO Registry, Inc. gives the For Sale By Owner the power of Internet
exposure, newspaper ads, homes for sale magazine ads and many other mediums
used only by real estate companies.
Buyer Agents, particularly Exclusive Buyer Agents, have buyer clients
looking for homes that may not be found other than by direct contact with a
For Sale By Owner home. These Buyer Agents only represent buyers and will
never solicit the seller (you) for a listing contract. These buyer agents
have a legal obligation to expose all properties to their buyer clients.
This includes homes For Sale By Owner. Until FiSBO Registry, Inc. came along,
most For Sale By Owner properties have been scattered and never compiled
through one source allowing easy access.
The buyer pays a fee to a buyer agent for finding the right property. In
some cases the buyer may include his fee in the offer to purchase your home
in order to finance his cost. This fee is negotiated between you and the
buyer. You are not obligated to pay anyone.
Yes, traditional sales agents will be
interested because they may have customers (not clients) who will want
to buy your property. However, to do so, that agent must be a member of
the FiSBO Registry as well as be
a Consumer Information Coordinator (CIC). Remember that the
sales agent will try to ask you to list your property with
them. You should at least listen, and ask if they utilize our
"Consumer Combo Plan" which enables the seller and sales agent to sell
the property as both a FSBO and a 'modified' real estate sales 'listing'.
In this manner, the homeseller gets to have the best of both worlds: FSBO
and traditional REALTOR® sales sophistication.
Traditional real estate companies require you to sign a listing contract
allowing only one agency to advertise your property. This system may limit
your market exposure to that agency's economic abilities. With FiSBO
Registry, Inc. many exclusive
buyer agents may use the information from the Internet database to run ads
in various other mediums. This helps them attract buyer leads. FiSBO
Registry, Inc. allows agencies to advertise your property throughout the
country. What exposure!
No, just as you have no obligation to pay a commission, you have no say in
where or who advertises. But, remember, many agencies will be placing your
home in their ads. Also, some For Sale By Owner magazines may solicit your
business to advertise your home, which
you may do if you judge it as a good idea.
Buyers who see your own ads will continue to contact you directly. Buyers
who go through FiSBO Registry, Inc. will also contact you directly by email
or through the Registry.
Then it is up to you to reveal your name and specific location. In addition,
exclusive buyer
agents who may bring you a buyer will contact you directly.
Consumers using exclusive buyer agents are serious and have preapproved
financing. You can be assured when an exclusive buyer agent calls to show
your home, it won't be a waste of your time. Remember, these buyers have
contracted with the agent to find them a
home. They are not tire kickers or curious Sunday drivers.
No. Exclusive buyer agents are representing the buyer, not you, the seller.
FiSBO Registry, Inc. will greatly expand your marketing exposure and most
likely bring you more buyers than you may find on your own; but the Registry
is no substitute for
seller representation. Exclusive buyer agents throughout the country agree
that both buyers and sellers need professional representation. You are free
to seek advice through attorneys, appraisers or licensed real estate agents
in your area. Many of
these professionals will help for a flat fee.
Yes and No. There are two types of listing contracts. One is called an
exclusive right to sell. This contract does not allow you to be a For Sale
By Owner. The second is called exclusive agency. If you clearly tell the
real estate agent that you want
to retain the right to sell on your own, your contract must read 'exclusive
agency.'
Real Estate Services Packages
The Most Complete Manual on For-Sale-By-Owner Homeselling
Click here to send email to FiSBO Registry, Inc.
FiSBO Registry, Inc.
16 Newport Road
P.O. Box 1290
New London, NH 03257
1-800-500-5520
EMAIL: info@fisbos.com
Return to Do-It-Yourself Home Registration
