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Selling a Home in a Slow Market
In a slow housing market, it may take several weeks or months to sell a property. Naturally, motivated home sellers cannot afford to have their property sit on the market for an extended period. For this matter, sellers and realtors must discuss tactics that can potentially increase the number of showings. The more showings a property receive, the higher the chances of receiving an offer. Consider the following tips for quickly selling a property in Minnesota.
Reasons to Use a Real Estate Agent
If trying to sell a property, homeowners have two options. This entails selling the home with or without an agent. Many homeowners choose the "for sale by owner" route because they avoid paying a realtor commission. Today, the average commission is 6 – 7 percent. Yet, there are several advantages to using a realtor. Without a realtor, homeowners must heavily market their own properties. Yard signs and open houses are effective tools. On the other hand, real estate agents frequently meet persons looking to buy a home. Hence, using a realtor can increase a property's exposure, which results in a quicker sale.
Using the MLS to Sell a Minnesota Property
Listing your home or property with a realtor is also advantageous because agents have access to the MLS database. The MLS, or multiple listing service, is a tool used by agents and homebuyers. Once a realtor becomes a MLS member, he or she is allowed to enter their properties into the database. The realtor can include property description, photo, and contact information. Potential homebuyers may browse MLS listings free of charge. Upon locating a nice property, buyers may contact the agent and arrange a showing. Realtors manage a number of properties. The multiple listing service is a very effective advertising tool because all properties receive comparable exposure.
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Minnesota Real Estate News
Central Minnesota real estate market is up; lower-priced properties still dominate increase
Fri, 03 Feb 2012 22:33:01 -0800
The Central Minnesota real estate market warmed up in 2011 as pending sales jumped more than 12 percent and new listings declined 6.6 percent from 2010. Real estate market shows pulse, but not yet roaring back to life
Wed, 11 Jan 2012 15:56:41 -0800
Minnesota's real estate industry enjoyed some improvement in 2011, but don't expect a roaring comeback this year. Rochester Minnesota Realtor Julie Fink Helps Residents Avoid Foreclosure Amid Growing Real Estate Market
Mon, 16 Jan 2012 00:07:51 -0800
Leading Rochester MN Realtor Julie Fink is helping people throughout the Rochester area avoid foreclosure by assisting them in the “short sale” process, providing her expertise in real estate to homeowners facing a difficult problem. ... Central Minnesota real estate market improves in 2011
Fri, 03 Feb 2012 10:04:19 -0800
The Central Minnesota real estate market warmed up in 2011 as pending sales jumped more than 12 percent and new listings declined 6.6 percent from 2010. Midwest Real Estate Data's Share My Listings (SMyL) Widget Boosts Social Media Presence for Realtors(R)
Mon, 23 Jan 2012 09:21:00 -0800
LISLE, IL-- - Social media has become a vital component in the marketing strategy employed by today's real estate professionals. Many have incorporated vehicles such as Facebook and Twitter into their ...
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