For Sale By Owner Resources - January 2010 Newsletter           513-321-SOLD (7653)

    In this issue:

      > Special offer

      > $50 in your pocket

      > FSBO stats

      > Positive signs in the real estate market

      > Home warranties for FSBO's

      > Our MLS upgrade

logos

 


Dear Friends,
We hope you look forward to our monthly e-newsletter for news, events and trends in the local “For Sale By Owner” real estate market.


Special Offer
Get your marketing strategy together BEFORE spring arrives. Purchase one of our packages and we will come back in the spring to update your exterior photos for FREE!
Offer valid until March 15th... Packages.

 

$50 in your pocket
Don’t forget, we pay a $50 referral fee for each of your friends who markets their home with us.  If you know of anyone thinking of selling their home this coming season, we encourage them to try “For Sale by Owner” first. Remember that our marketing packages offer multiple exposures in many different medias including our own high traffic web sites, Enquirer Media print ads, Community Recorders, Metro-Mix, Homefinder.com, Craig’s List, Community Events, E-newsletters, Flyers, Email Broadcasts, Facebook and more.

 

FSBO Stats
Did you know that the most important reason for selling a home “For Sale By Owner” (FSBO) is the desire to avoid a commission fee? The 2008 National Association of Realtors (NAR) annual report indicates that 59 percent of sellers who sold without the assistance of an agent were motivated by the desire to avoid a commission or fee.


In 2008, All FSBO sales increased marginally to13 percent. This NAR report indicated that 9% of all home sales used a minimal “MLS only” Flat Fee option. This Flat Fee option did not really exist just five years ago. Flat Fee is a FSBO who markets their property by paying an upfront amount to an agent to list their property only on the MLS. 
We offer both! The traditional real estate model is changing and we are positioned to take advantage of this in this New Era of Real Estate.


Positive signs in Real Estate market
Last month we reported that home sales were increasing due to federal support and lower mortgage rates. The newly expanded homebuyer tax credit of $8,000 is another positive sign in the real estate market. The qualifying income for this credit has been increased to $150,000 for singles and $225,000 for couples. All homes (single-family as well as condo) that are less than $800,000 qualify. The credit is available to all buyers who contract for a home by April 30 and close on the sale by June 30. Now is the time to take advantage of these favorable conditions.

Home Warranties for FSBO’s
As an affiliate of Warrantech, we offer sellers the ability to increase a buyer’s confidence in the home they are getting ready to purchase. A Warrantech Home Warranty helps protect home buyers from the hassles of unexpected repairs on major systems and appliances. This is just part of our being a “one stop shop” for FSBO’s. You don’t pay for the $395 cost until closing and the best part is…Sellers are covered until Sold! Ask for details.

FSBO + MLS = Excellent Strategy

By using our FSBO services, you are reaching a large demographic of buyers looking on their own (without an agent) through our FSBO Network. When you add the MLS to your FSBO services, you are also reaching buyers (most likely with an agent). It would be tough to argue that the combination of both is far more than an Realtor is able to provide, and for much less money! We recommend starting with just FSBO services and adding the MLS if necessary.  Our program is the only marketing program in the Cincinnati/Northern Kentucky market that targets both demographics at the same time... Details

 

 

Career Opportunities - We are looking for Marketing Advisors ... Details.


 

 

Ronald R. Pies Jr.

President / Founder

Ashley Davies
Vice President / Tech Support


For Sale by Owner Resources, LLC
          821 York Street, Suite 111
          Newport, Kentucky 41071


            (513) 321-SOLD