In spite of a rough economny and continued unemployment woes, home sales rose in 2009. According to the National Association of Realtors®, there were approximately 5,156,000 existing-home sales in 2009, which was 4.9 percent higher than the 4,913,000 transactions recorded in 2008. It was the first annual sales gain since 2005.
Total housing inventory at the end of December fell 6.6 percent to 3.29 million existing homes available for sale, which represents a 7.2-month supply at the current sales pace. That is an increase from a 6.5-month supply in November. The national median existing-home price for all housing types was $178,300 in December, which is 1.5 percent higher than December 2008.
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Posted in NAR, National Association of Realtors, National+Association+of+Realtors, Real Estate, Real Estate Market, Real Estate Market Conditions, buyers' market, home inventory, home prices, home sales, home selling, home valuation, housing market, market, real estate news
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FSBO MLS gives the best of both worlds !
Most states allow home owners to sell their homes by listing in the MLS directly for a flat fee. This normally means you have to go through a real estate agent or broker who handles the sale and charges a commission however now you have a real alternative.
FSBO’s can list on the MLS, including the National Association of Realtors MLS (the largest) and if you find the buyer you do not have to pay the buying agents commission nor a selling commission to a real estate agent. If your home is sold via a buyers realtor only then is a commission is payable.
FSBO MLS provides for a certain flat-fee, a saving in commission of as much as 7% – and all for doing not very much !
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IHS Realty provides access to the MLS without the high commission
The leading MLS is operated by the National Association of Realtors and according to recent surveys 75% of buyers find homes through this tool.
You do not need to sign up with a real estate agent to gain access to the MLS, though unscrupulous real estate agents hungry for commissions will claim you need to do so.
IHS Realty provides access to the MLS in a simple step by step process for a flat-fee and you control the listing not a real estate agent who may not show your home if they are not going to get the commission rate they are looking for.
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