Want To Sell Real Estate on eBay?

Selling real estate over the internet can sound like an awkward idea. However, the exposure the real estate receives over such a widespread media like the internet can be every realtor’s dream.

So can eBay be used to market real estate? The answer, of course, is a resounding ‘yes!’

eBay can provide functionality that’s clearly adaptable to the needs of most realtors. It can provide a widespread medium of advertisement for the real estate. It’s also a relatively inexpensive method for advertising.

One of the best aspects about selling real estate on eBay is that it "markets" to many areas around the world, not just your local area. Advertising on eBay can make the property available to more than 100 million potential buyers, including those from other countries. Visitors can also browse through property details 24 hours a day, 7 days a week – all without the realtor having to explain any details about the property to every single prospect wanting information.

How To Advertise Your Real Estate on eBay

When a person has a house or other real estate to sell, he or she can list it for auction on the eBay Real Estate site. This can be found at http://www.pages.ebay.com/realestate.

There are many different ways to present the property you have 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 from eBay that they display a real estate listing in a format much like a local paper.

eBay’s Real Estate page has just three selling formats. These are auction, fixed price selling, and the traditional real estate listing.

For each of these selling formats, the "user" provides additional information regarding his or her property. Details can include lot size, number of bedrooms, number of bathrooms, type of property, year built, as well as other information. The auction listing period need also to be specified. 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 can charge two types of fees for listing a property. There’s a simple fee for listing the property and another fee is based on the final amount of the property sale. The cost for a 1-, 3-, 5-, 7-, or 10-day auction listing is typically around $100. A 30-day auction listings can cost about $150. And a non-auction listing costs $150 for 30-day listing, and about $300 for a 90-day listing.

Fees for Timeshare property and land can usually be slightly lower. The final fee amount for Timeshares and land can generally be about $35.

Selling real estate on eBay is becoming increasingly popular as the internet stretches its outreach to more countries. Although nothing can beat direct and personal inspection of property, the convenience of having eBay connect seller and potential buyer is definitely appreciated.

Article Source: http://www.RealEstatePropertyArticles.com.

About the Author:
Warren Mitchell is contributing editor at http://www.realestatepropertyarticles.com/. This article may be reproduced provided that its complete content, links and author byline are kept intact and unchanged. No additional links permitted. Hyperlinks and/or URLs must remain both human clickable and search engine spiderable.