Creative Real Estate Investments
February 21st, 2010
Question: Other real estate advertising?
Here in the Hudson Valley NY realtors are charging 6% for listing a house.I’m in the process of purchasing a handyman property.with all said and done a good portion of profit would be taken by them if I go that route. Does anyone have any creative ways of advertising to get the most out of my investment?
Thanks
R
Answer: A good Realtor.
You can try FSBO. You can advertise it on one of many many many FSBO sights that few will every see other than real estate agents looking for leads and other FSBO looking for ideas. Most buyers aren’t comfortable going it alone and the ones that are are only looking for the bottom line best deal, and those buyers usually have experience buying homes. If you are trying to flip a house that is not who you want to market to.
The most important thing a real estate agent does in market your home, getting it seen by as many as possible. Realtors will have their homes posted on Realtor.com through their MLS. They will also have their own sights, other marketing circles as well as customers looking to work with a real estate agent.
Most people looking for a home will go to Realtor.com. Being a FSBO you won’t be there. Another issue is when you home is listed on an MLS other agents will be able to sell it. Instead of just you selling it you have all the local real estate agents in your area that can sell it.
Creative Real Estate Investing : Buying Property Subject To
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