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1-4 Homework: Listing Exploration
With the recent home prices being on the rise, there are notable differences between the
real estate listing and those in FSBO. The latter is increasingly becoming popular since it has
more information on their websites. The photography technology is supposedly the cause of
popularity and marketing seems a little easier.
The real estate firms charge a hefty commission of 6 percent to every home that they sell.
Therefore, on a home that is sold for $214,900 they would deduct about $12,894 from their
brokerage fee (Coldwell Bankers 1). For the case of FBSO, the whole amount would go to the
owner of the home. As a way of avoiding these expenses, more people have opted to exclude the
agents in selling their homes. It is also notable that there is a better price for the homes in real
estate sector. The agents have the capability of negotiating for better prices. They have better
tools for marketing and ability to sort for quality buyers. They demand financial statement in
order to determine whether the purchaser has the potential to make the purchase. It is only the
serious buyers who will be willing to disclose their financial status. Comparing the prices of the
homes in FBSO, they are generally lower.
An individual is unable to look for better buyers or negotiate better prices. For instance,
a four-bedroom home cost $555,000 in the real estate buying. Comparing a similar house sold

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Surname 1 Name Course Tutor Date 1-4 Homework: Listing Exploration With the recent home prices being on the rise, there are notable differences between the real estate listing and those in FSBO. The latter is increasingly becoming popular since it has more information on their websites. The photography technology is supposedly the cause of popularity and marketing seems a little easier. The real estate firms charge a hefty commission of 6 percent to every home that they sell. Therefore, on a home that is sold for $214,900 they would deduct about $12,894 from their brokerage fee (Coldwell Bank ...
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Anonymous
Awesome! Perfect study aid.

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