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 realtors 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.
eBays 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.