Selling 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.