Nothing to do with FSBO Real Estate, just a friendly tip 2

Posted by Admin2 Mon, 07 Jun 2010 13:26:00 GMT

Every once in a while we post friendly tips that have nothing to do with FSBO real estate, or buying property.  This week we found an interesting article about how to lower summer utility bills so we thought we'd pass it on http://bit.ly/byG0bE

203(b) Mortgage Insurance, what you need to know as a first time buyer 13

Posted by Admin2 Fri, 04 Jun 2010 11:21:00 GMT

http://bit.ly/at9nSV  Should give you a good idea of how the FHA makes it easier to buy real estate.  This is good information for both buyers, and for FSBO to be aware of. 

HUD, a great resource for the FSBO 12

Posted by Admin2 Fri, 04 Jun 2010 11:15:00 GMT

A link to many of the resources available to the FSBO, from HUD.gov http://bit.ly/HUD_Homes

Click around, plenty to learn about what programs are available that will help you through the process of buying or selling a home.

Home Sales Cooling? FSBO may be the way to go. 156

Posted by Admin2 Tue, 25 May 2010 06:08:00 GMT

There is some recent news that home sales are cooling a bit http://yhoo.it/bAWKK1   You could argue that it's a good time to try a FSBO listing, especially when it costs next to nothing to list with http://bit.ly/choiceaFSBO and you can still get broad exposure.  Just a few reminders of the benefits of listing with ChoiceA: 

  • There is a free option
  • Unlimited High Resolution Photos  (yep, as many pictures as you want)
  • Syndication to the major search engines for your FSBO listing
  • Printable Flyers
  • Stats and Graphs (think of it as a mini-Google Analytics) for each FSBO listing
  • Free Craigslist HTML code to spruce up your listing on Craigslist (yeah, we know you'll be using them too, but it looks much cooler when you use our code on top of their site
  • Free downloadable FSBO legal forms at http://www.choicea.com/legalforms
  • You get your own unique URL (www.choicea.com/listing/yourlistingID)
  • You'll be part of one of the fastest growing FSBO sites on the web

Just a few notes about Realtor commissions, something to read when deciding between an agent and FSBO 177

Posted by Admin2 Mon, 24 May 2010 10:17:00 GMT

Originally published by Mark S Nadel and since widely circulated.  The article http://bit.ly/cym7Oz was first posted on the AEI-Brookings Joint Center for Regulatory Studies website, about the flaws in the commission structure used by Realtors.  If you're considering hiring a real estate agent versus going FSBO, at least give this a read.  At a minimum it will allow you to feel empowered to negotiate the commissions that you're paying to list on the MLS.  Or, you could try listing on http://choicea.com as an FSBO first. 

Summary: While real estate brokers have long set their fee as a straight percentage of a home’s sale price, this formula is an anomaly and a primary reason why such fees may be inflated by more than $30 billion annually. Although competitive pressures ordinarily produce a fee structure reflecting costs, real estate broker commissions are strangely unrelated to either the quantity or quality of the service rendered or even to the value provided. Rather, this fee has been based solely on the price of the home. (It is as if tax preparers set their fee as a flat percentage of a client’s gross income, irrespective of how difficult the return was to prepare or how much their efforts saved the taxpayer). Oddly, not only is there no evidence that it is any more costly to sell higher-priced homes than median-priced properties, but it is possible that the opposite may be true! Furthermore, the straight percentage fee formula creates little incentive for real estate agents to provide home buyers or sellers with additional value.

policy advisor with the federal
government in Washington,
D.C. He has published articles
on public policy issues in law
journals at Harvard, Yale, and
Stanford, and in the Wall Street
Journal. He is a graduate of
Amherst College (1978) and
Harvard Law School (1981).
This article began as a
footnote to in his 2000 analysis
of how new communication
technologies can dramatically
improve the consumer product
selection process
policy advisor with the federal
government in Washington,
D.C. He has published articles
on public policy issues in law
journals at Harvard, Yale, and
Stanford, and in the Wall Street
Journal. He is a graduate of
Amherst College (1978) and
Harvard Law School (1981).
This article began as a
footnote to in his 2000 analysis
of how new communication
technologies can dramatically
improve the consumer product
selection p

A link to the complete study can be found here:

 http://realestate.cornell.edu/crer/images/uploads/article/Abridged_RateStructure_Nadel.pdf

West Coast HUD Resources That May Be Helpful To FSBO, buyers or sellers 194

Posted by Admin2 Mon, 24 May 2010 09:40:00 GMT

Washington HUD Information for the FSBO: http://bit.ly/cvSgpF

Oregon HUD Information for the FSBO: http://bit.ly/csz0Fj

California HUD Information for the FSBO: http://bit.ly/cxKs4y

Arizona HUD Information for the FSBO: http://bit.ly/cqoeTV

Some tips for becoming a smarter home buyer 149

Posted by Admin2 Sun, 23 May 2010 06:38:00 GMT

The US Department of Housing and Urban Development has a lot of free information available to home buyers and sellers.  As a FSBO company we are simply trying to provide you with as many links and resources as possible that may help educate you in the process.  Here is the HUD link with a list of things to keep in mind when buying or listing real estate http://bit.ly/cm7aXD

An additional glossary of real estate terms educating themselves on the web, as an FSBO 449

Posted by Admin2 Sun, 23 May 2010 06:29:00 GMT

Another glossary of terms, some familiar and others that may be unfamiliar.  This one published by HUD contains all of the terminology and acronyms associated with buying and selling real estate, including financial terms.  http://www.hud.gov/offices/hsg/sfh/buying/glossary.cfm

Glossary of Real Estate Terms from the Federal Trade Commission Related to Buying and Selling Homes 138

Posted by Admin2 Fri, 21 May 2010 22:41:00 GMT

The whole process of buying and selling real estate can't seem complex.  Lots of forms and the terminology that is used is not always obvious.  Here is a link to a glossary of commonly used terms from the FTC http://www.ftc.gov/bc/realestate/resources/realestateglossary.pdf

FSBO Home Seller's Negotiation Cheat Sheet 159

Posted by Admin2 Fri, 21 May 2010 11:14:00 GMT

Here's an article that will help the for sale by owner in negotiation and the pricing of your property.  Not a bad read: http://bit.ly/dvhrKV