| It's no secret that we're in the middle of the worst | | | | from selling the property yourself without having to pay |
| recession since the Great Depression. 2008 through | | | | a broker. |
| 2010 has been a really tough time for the economy as | | | | The next way to list your house is what is referred to |
| a whole but even worse for people trying to sell their | | | | as an exclusive right to sell. With an exclusive right to |
| homes. Because of this many sellers have had to | | | | sell, the broker gets his or her commission whenever |
| resort to more exotic ways of selling their houses and | | | | the property is sold whether by the broker themselves |
| that's what I wanted to talk about in this article today. | | | | or by you the owner, or by anyone else! |
| I'm going to describe several different ways that you | | | | Finally another way to list your house for sale is |
| can list your house for sale that you may not have | | | | through what we call a multiple listing. In a multiple listing, |
| thought of before or you may not have ever heard of | | | | brokers will combine to sell properties listed with any |
| but these ways should help you out and give you a | | | | member of the broker's specific pool. When this |
| better chance of getting your house sold once and for | | | | happens the brokers will all then split the commission |
| all. At the very least they should give you an honest | | | | between the listing and the selling broker. |
| fighting chance to get your house sold! | | | | There you have several ways to list your house for |
| The first way to list your house is what's called an | | | | sale that you may or may not have heard of before |
| open listing. During an open listing the owner reserves | | | | and taking advantage of the specific way that fits you, |
| the right to sell the property himself or herself or to | | | | of course, will depend on your own circumstances and |
| retain a real estate broker. This gives you quite a bit of | | | | how much time and energy and ability you have to put |
| options as you might expect. | | | | into it yourself. |
| The next way to list the house is through what is | | | | However you choose to list your house for sale one |
| called exclusive agency. During an exclusive agency, | | | | thing is for sure, and that is that it's been fairly hard to |
| no other broker will be hired as long as the original | | | | sell homes within the last couple of years but hopefully |
| broker is retained and usually the period of time during | | | | that will change as the market begins to absorb some |
| which the original broker is retained is spelled out as a | | | | of the loan losses that have occurred and equilibrium is |
| specific amount of time. What's neat about exclusive | | | | reached once again. |
| agency is that it doesn't exclude you as the owner | | | | |