Monthly Archives: October 2007

For Sale By Owner or Realtor?

For Sale By Owner Sign           For Sale By Owner or Realtor?

Sellers often find themselves asking the question,  “Why should I pay thousands in commissions when it seems so easy to sell myself?”  Are agents guilty of making the task of selling a home look too easy?, You bet! There are many self help books published for people who want to sell their homes themselves.  I would have to write my own book, or at least recommend a few good books myself, if a seller was adamant about trying it themselves. I think its a smart idea to read one or two, even if a seller had already at some point sold their home successfully without the help of a real estate agent. It might be harder then ever in a buyers market to save all this money, however.

In this crazy uncertain market I’m continually amazed when I see a home that was previously listed with a broker which failed to sell become a for sale by owner without a price drop. Certainly, a price drop equal to the amount of the commission is what most buyers expect. Is it advisable to try to sell your home yourself if you have a limited time frame?

As an agent myself, I certainly advocate a seller who would like to save the commission so long as they have patience and a knowledge of the real estate transaction process. In the absence of a good Realtor, I would advise that they also seek out a good real estate attorney.

An astounding percentage of privately sold homes end up in some kind of legal action, usually arising from some sort of failure to disclose certain latent defects or misrepresentations.  I read a report published by researchers from the National Association of Realtors which stated that in a certain year there were as many as 40%. Another staggering statistic, which most sellers are unaware of, is that nationally, for sale by owner sellers net 16- 20% less without an agent.  If your wondering why, read on… Continue reading

Century 21 Open House Extravaganza – Win Free Gas!

This weekend, Oct. 6th and 7th, Century 21 is sponsoring a national Open House Weekend where registered guests can be eligable to win free gasoline for a year*

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I will be hosting an open house on a special home at 316 Sterling Lake Drive in Ocoee, located in the desirable Silver Glen Subdivion on Sun. Oct. 7th between 1-4 pm. The home is a 4 bedroom, 2 1/2 bath with formal living room and dining rooms, large kitchen  with breakfast bar and eat-in nook opens to a generously sized family room. There is a solar heated pool which is screened and a large covered lanai for hours of relaxation. This home is perfectly located on a large corner, tree shaded lot with a gorgeous manicured lawn. Silver Glen subdivision is easily accessable via the East West Expressway and Florida Turnpike. Located approx. 25 minutes north of Disney and 20 minutes to Universal Studios.  This home has been impeccably maintained and is better than new!, Whole house replumbed in 8/07! And the roof has been recently replaced with superior 50 year shingles! Hope to see you there!

Please vistit my real estate website at http:/www.MyOrlandoAgent.com foradditional information on this and other homes, more photos and a 360 degree virtual tour of this property. You may also schedule an advanced showing by calling me at the number below if you are unable to attend.

*Full details regarding gasoline giveaway will be available at the open house or you may call me at (407)877-7627, Scott Taylor, REALTOR,P.A., Century 21 Elite Properties