| Selling real estate over the internet may | | | | selling formats. These are the auction, fixed |
| sound like an awkward idea. However, the | | | | price selling, and the traditional real |
| exposure the real estate receives over such a | | | | estate listing. |
| widespread media like the internet is every | | | | |
| realtors dream. | | | | For each of these selling formats, the "user" |
| | | | furnishes additional information regarding |
| Can eBay be used to market real estate? The | | | | his or her property. Details may include lot |
| answer is a resounding yes!eBay provides | | | | size, number of bedrooms, number of |
| functionality that is clearly adaptable to | | | | bathrooms, type of property, year built, and |
| the needs of most realtors. It provides a | | | | other information. The auction listing period |
| widespread medium of advertisement for the | | | | must also be specified, where the choices |
| real estate. It is also a relatively | | | | range from 1-, 3-, 5-, 7-, 10-, or 30-days, |
| inexpensive method of advertising. | | | | or a 30- or 90-day non-auction listing. |
| | | | |
| One of the best things about selling real | | | | The eBay website charges two types of fees |
| estate on eBay is that it "markets" to many | | | | for listing a property. There is a simple fee |
| areas around the world, not just a local | | | | for listing the property and also a fee is |
| area. Advertising on eBay makes the property | | | | based on the final amount of the property |
| available to more than 100 million potential | | | | sale. The charge for a 1-, 3-, 5-, 7-, or |
| buyers, including those from other countries. | | | | 10-day auction listing is typically around |
| Visitors can browse through the property | | | | $100. A 30-day auction listings cost about |
| details 24 hours a day, 7 days a week all | | | | $150. A non-auction listing costs $150 for |
| without the realtor having to explain the | | | | 30-day listing, and about $300 for a 90-day |
| details about the property to every single | | | | listing. |
| prospect wanting information. | | | | |
| | | | Fees for Timeshare property and land are |
| Advertising on eBay | | | | usually slightly lower. The final fee amount |
| | | | for Timeshares and land is generally about |
| When one has a house or other real estate to | | | | $35. |
| sell, he or she may list it for auction on | | | | |
| the eBay site. There are many different ways | | | | Selling on eBay is growing in popularity as |
| to present the property for sale on eBay. If | | | | the internet stretches it's outreach to more |
| the realtor seeks to sell the estate at a | | | | countries. Although nothing beats direct and |
| fixed price instead of having the property go | | | | personal inspection of property, the |
| through an auction, he may request eBay to | | | | convenience of having eBay connect seller and |
| display a real estate listing in a format | | | | potential buyer is definitely appreciated. |
| much like a local paper.eBays page has three | | | | |