eBay and Selliing Your Real Estate*

“I Bought My House over eBay!”

The coupon strategy works well to promote sales of items on eBay. And just like its paper and cardboard counterparts, the eBay coupon is fast, easy, and convenient to use.

Selling real estate over the Internet may sound like an awkward idea. However, the mileage that real estate receives over such a widespread media as the Internet, is every professional real estate agent's dream.

Can eBay be used to market real estate? The answer is a resounding ‘yes!’

eBay provides functionality that is clearly adaptable to the needs of a real estate agent. It provides a very widespread medium of advertisement for the real estate that is being sold. It is also an inexpensive method of advertising, that doesn't constrict what elements and features are shown.

The best thing about selling real estate on eBay is that it markets to the whole world, not just a local area. eBay makes the property available to more than 100 million potential buyers, including those from other countries. Visitors can browse through the property details 24 hours a day, 7 days a week – all without a real estate agent having to explain the details to every single prospect that 'drops by.'

Advertising Your Real Estate on eBay
When one has a house or other real estate to sell, he or she may list it for auction on the eBay Real Estate site. If the professional real estate agent seeks to sell the estate at a fixed price instead of having the property go through an auction, he may request eBay to display a real estate listing in a format much like a local paper.

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

From here, the user furnishes additional information regarding his or her real estate. These details include lot size, number of bedrooms, number of bathrooms, type of property, year built, and numerous others. One also furnishes the auction listing period. He may choose to run a 1-, 3-, 5-, 7-, 10-, or 30-day real estate auction, or a 30- or 90-day non-auction real estate listing.

eBay Real Estate charges fees for both listing and final values. Charges for a 1-, 3-, 5-, 7-, or 10-day auction listing is $100. 30-day auction listings cost $150. A non-auction listing costs $150 for 30-day listing, and $300 for a 90-day listing. Timeshares and land fees are slightly lower. The final value fee for timeshares and land is $35, while residential and commercial real estate have no fees.

Selling real estate on eBay is growing in popularity as the internet stretches to more people in more places. Although nothing beats direct and personal inspection of a property, the convenience of having eBay connect seller and potential buyer is definitely appreciated by more sellers every day.