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How To Sell Real Estate on eBay.
Selling
real estate over the internet may sound like an awkward
idea. However, the exposure the real estate receives
over such a widespread media like the internet is every
realtor’s dream. Can eBay be used to market real
estate? The answer is a resounding ‘yes!’!
eBay
provides functionality that is clearly adaptable to
the needs of most realtors. It provides a widespread
medium of advertisement for the real estate. It is also
a relatively inexpensive method of advertising.
One
of the best things about selling real estate on eBay
is that it "markets" to many areas around
the world, not just a local area. Advertising on eBay
makes the property available to more than 100 million
potential buyers, including those from other countries.
Visitors can browse through the property details 24
hours a day, 7 days a week – all without the realtor
having to explain the details about the property to
every single prospect wanting information.
Advertising
Your Real Estate on eBay
When
one has a house or other real estate to sell, he or
she may list it for auction on the eBay Real Estate
site. This is found at http://www.pages.ebay.com/realestate.
There
are many different ways to present the property for
sale on eBay. If the realtor seeks to sell the estate
at a fixed price instead of having the property go through
an auction, he may request eBay to display a real estate
listing in a format much like a local paper.
eBay’s
Real Estate page has three selling formats. These are
the auction, fixed price selling, and the traditional
real estate listing.
For
each of these selling formats, the "user"
furnishes additional information regarding his or her
property. Details may include lot size, number of bedrooms,
number of bathrooms, type of property, year built, and
other information. The auction listing period must also
be specified, where the choices range from 1-, 3-, 5-,
7-, 10-, or 30-days, or a 30- or 90-day non-auction
listing.
The
eBay Real Estate website charges two types of fees for
listing a property. There is a simple fee for listing
the property and also a fee is based on the final amount
of the property sale. The charge for a 1-, 3-, 5-, 7-,
or 10-day auction listing is typically around $100.
A 30-day auction listings cost about $150. A non-auction
listing costs $150 for 30-day listing, and about $300
for a 90-day listing.
Fees
for Timeshare property and land are usually slightly
lower. The final fee amount for Timeshares and land
is generally about $35.
Selling
real estate on eBay is growing in popularity as the
internet stretches it's outreach to more countries.
Although nothing beats direct and personal inspection
of property, the convenience of having eBay connect
seller and potential buyer is definitely appreciated.
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