These days as technology has increased its influence all the work that was done manually is now preferred to be done online. Many sellers now consider FSBO (for sale by owner) websites to get the most of a deal. If you have the same purpose then you should use a credible website and extensive research before listing.
The main reason why FSBO sites are more popular with sellers is that the sellers usually want to get away with the commission they have to pay to a real estate agent. Generally, a seller has to pay 6% of the sale money. This means if your house is sold for $200,000 then you have to pay $12,000 as a commission to the agent which is quite daunting.
On the other hand, with FSBO sites, you only need to pay for the buyer’s agent. If you use this way, you will have to list your homes on your own on different websites. The problem arises when you have to choose a good website for this purpose. In this article, we will introduce you to some of the best websites that you will find but first let’s discuss what you need to look for in an FSBO website.
What you should look for in an FSBO Real Estate Website?
Before we jump into the next section of the best websites for your property listing, let’s have a look into what you should look into a website. The things that you should keep in mind are that what amount they are taking from you for the listing, what kind of properties are supported to be listed, and what features that site has.
See from the buyer’s perspective, how easy it is to search for properties on a particular site, and how buyers filter their searches according to their interest. Also, look into a site’s traffic, the more the traffic more are the chances of getting a potential buyer.
Going through different sites, you may not see different things in them. All works the same despite of their traffic. The smart estate agency is unique. As the name suggests, they provide smart real estate solutions for both buyers and sellers.
The best thing that you should probably look into is the price. You can list your property on their website for just 75 pounds. Now, this may look suspicious, you might be thinking that they must have some hidden charges. NO! They take only £75 and that’s it. You have to pay this fee when listing your property. You can save a great amount of money that you may have to spend on giving commissions to the agents.
This site is pretty simple to use. All you need is to follow three steps.
- Proceed to check out to make the payment of £75
- Fill in your home information and suitable times for appointments with buyers
- Upload pictures, videos, and description of your home
Note: They provide services only in the UK. If you are a UK resident, then you can get all the benefits that they promise.
Zillow is a famous site that was founded back in2004. This site is not FSBO specific but still, it is one of the leading real estate sites. They offer a variety of features for sellers to list FSBO properties. This site is free to use and you can easily operate it using your smartphone or any other device.
You don’t need to do a lot of work to list your site. For the start, create an account then proceed towards your listing process. Upload photos and other details about your home like the number of bedrooms, bathrooms, and so on. As compared to other real estate listing sites, the final listing visual is quite appealing. Also, Zillow also provides sellers an estimated value of their property according to the description using their proprietary formula.
Another popular website in this niche is Trulia. As compared to others, Trulia’s listing is very unique and this distinguishes it from others. A buyer can filter searches for homes like they can search for specific regions, anywhere in the country and categorize results by different features of a home-like Victorian style exterior, 3 bedroom home, hardwood floor, and many more. Buyers can even check for crime rate, population, location in the neighborhood.
As a seller, this is an amazing feature because you can then define the highlights of your house more in detail and get a seller that is serious about buying a house like yours.
FSBO.com is a site that provides services globally for around 20 years or so. The main goal of this website is to connect buyers and sellers cost-effectively. FSBO is a great and popular site that helps a lot of sellers to sell their properties. You can also use this site with another site like Zillow or any other site.
There are two pricing plans for users. The first package costs around $99.95 for a year that includes unlimited photos and a video in the package. The second package costs around $399.95, this package allows users to list their house on MLS, Realtor, Redfin, and Zillow.com.
HomeFinder founded in 2005, is a marketplace for buyers, sellers, and professionals of real estate. Some people face issues in their areas like lacking inventory, but HomeFinder is simple and cost-effective when used. It only costs you around $39 per month to list your house.
As far as other sites like Redfin are concerned where you have to give a commission amount according to the sale, this can save you a lot of money may be in thousands.
Overall, as per real estate websites and marketplaces are concerned, HomeFinder is a great choice. It is a great place for property holders who want an affordable and easy-to-use website to list their properties on. Also, their traffic is over 900,000, this might be also helpful for you to list into another site as well as this website.