Most people selling their property choose to enlist the help of a professional realtor or sell it as a "For Sale By Owner" (FSBO).
This is particularly true if they are trying to sell a vacant piece of land for a quick profit and do not want to finance the sale at all.
However, realtor fees can be pricey and there are several other ways to sell a property for a high price completely on your own.
Through research and experience, I've come up with several tips for selling a property.
Below I've complied seven of these techniques for you to learn from.
1) Post Properties on eBay - Using eBay, you'll have access to the globe's largest market of buyers and sellers.
You can also list your properties on eBay's sister site, ebayliveauctions.
com.
2) Create Your Own Website - Creating a website is not as difficult as it used to be and, with a couple hundred dollars, you can easily hire someone to quickly build up a webpage through which you can list and sell your properties.
To attract more visitors and potential buyers to your website, add search engine optimized content using keywords.
This ensures that, when a web user uses a search engine like Google or Yahoo, your site will come up on the result's page.
This is a really easy, cost-effective way of selling properties.
3) One Property Can Buy Another - Use one property as a down payment for another.
This works particularly well if you own a vacant piece of land.
Contact builders and investors to see if the location of your vacant land is of any interest to them.
If it is, you can use this land as a bargaining chip for a down payment on one of their other properties.
4) Barter Your Property - If you're interested in a specific service or product but don't want to spend money on it, try trading or bartering one of your properties.
From automobiles, construction equipment and tools to spa treatments and haircuts, a growing network of trade and barter networks in the United States allows users to trade almost anything.
After joining an organization, you can sell your property in the forum in exchange for "barter dollars.
" These "barter dollars" can then be exchanged for the products and services of other organization members.
This is a great way to get the kinds of things you want without spending a dime or investing more money in to a property.
5) Give Your Property a Make Over - To make your property more appealing to potential buyers, give it a quick make over by touching up on aspects of the property that need improving.
Depending on the scope of your property, there are several quick, easy and inexpensive ways to achieve this.
If you have a house, put up a fence, build an addition, renovate the interior or add a driveway.
If you're selling a vacant lot, make sure it's cleaned up, add a well, fence in the area or add a building pad.
By improving on less desirable aspects, you're eliminating the reservations of potential buyers.
A little bit goes a long way and a small investment can mean a greater return.
6) Give a Property to Charity - You'd be surprised how much you can profit just by donating a property you spent very little on.
By claiming the full market value of your property as a tax write-off against profits made, you can make quite a bit.
I'm not an expert, but in my opinion and experience, this is a really great technique that allows both you and a deserving charity to profit.
The main thing to keep in mind is that the charity you decide to donate to must somehow be related to real estate so that the property you donate is of use to them and you can write it off.
For instance, you wouldn't donate a piece of land to the American Cancer Association, but the Natural Preservation Foundation in your town may find it to be of use.
7) Use Seller Financing - Seller financing gives sellers the opportunity to raise property prices above market value.
This is by far one of my favorite ways to sell a property because you can make such a great profit.
For example, if you buy a property worth $15,000 for $1,000, you can easily sell it with seller financing for $17,000 and a down payment of $2,000 with a mortgage.
Since you're offering such a great deal on the down payment, this is perfectly legal and ethical.