Selling real estate on the internet may sound like an ungainly concept. However, the exposure the real estate receives over such a vast media like the internet is every realtor's fantasy.
Can eBay be used to market real estate? The answer is a remarkable "Yes!"
eBay provides functionality that is clearly flexible to the needs of most realtors. It provides a widespread medium of advertisement for the real estate. It is also a relatively cheap way of advertising.
One of the finest things about selling real estate on eBay is that it "markets" to numerous areas around the globe, not just a local area. Advertising on eBay makes the property available to more than 100 million potential buyers, including people from other countries. Visitors can scan through the property details 24 hours a day, 7 days a week, all without the realtor needing to explain the details about the property to every single person wanting information.
Advertising Your Real Estate on eBay:
If one has a home or any 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 numerous different ways to present the property for sale on eBay. If the realtor seeks to sell the estate at a set amount instead of offering the property by way of an auction, he may request eBay to display a real estate listing in a format much like a local newspaper.
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 the selling formats, the "user" furnishes additional information concerning his or her property. Details may cover lot size, number of bedrooms, number of bathrooms, type of property, year built, and other information. The auction listing term must as well be specified, where the choices span from 1-, 3-, 5-, 7-, 10-, or 30-days, or a 30- or 90-day non-auction listing.
The eBay Real Estate site charges two different types of fees for listing a property. There is a plain fee for listing the property and also a fee that is based on the closing amount of the property sale. The charge for a 1-, 3-, 5-, 7-, or 10-day auction listing is typically about $100. A 30-day auction listings cost around $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 customarily slightly lower. The final fee amount for Timeshares and land is usually about $35.
Selling real estate on eBay is expanding in popularity as the internet stretches it's outreach to many more countries. Although nothing beats direct and physical inspection of property, the convenience of having eBay connect seller and potential buyer is definitely appreciated.
