ByAuctionOnly, LLC Helps Struggling Home Owners by Launching "By Owner" Home Auction Sales System.CLERMONT, Fla. -- ByAuctionOnly, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a Florida based "For Sale By Owner For Sale By Owner (abbreviated as FSBO; IPA pronunciation: ['fɪz,bou]) is a real estate term which describes the situation in which a property is offered for sale directly by its owner and without that owner having " home auction service company, today launched its "home auction sales system," a system that provides hope to struggling home owners home owner home n → propriétaire occupant . The system includes their internet based, global listing and bidding system
"Auctioning is the best selling method for sellers who are under time constraints resulting from events such as relocation or pre-foreclosure," says Ron Flynn, President of ByAuctionOnly, LLC, "particularly in a slow home selling environment like we are now experiencing." In pre-foreclosure cases, sellers who are unable to sell using traditional methods may be left to the mercy of investors who will negotiate the equity out of the home, arguing that the seller is better off giving up their equity than ruining their credit via foreclosure foreclosure Legal proceeding by which a borrower's rights to a mortgaged property may be extinguished if the borrower fails to live up to the obligations agreed to in the loan contract. . The auction method offers hope in these situations where sellers may capture some or all of their equity and avoid foreclosure, protecting their credit in the process. To help sellers with auction exposure, ByAuctionOnly, LLC offers 3 marketing packages, Red, White and Blue, ranging from $299.00 to $999.00, much less than a 6% - 7% real estate commission. These include items such as web advertising, Realtor announcements, virtual tours Virtual Tours The phrases panoramic tour and virtual tour are often used to describe a variety of video and photographic based media. The word panorama indicates an unbroken view, so essentially, a panorama in that respect could be either a series of photographs or panning video and more. To further help sellers, ByAuctionOnly reimburses marketing package costs at closing! ByAuctionOnly sellers pay no (zero) real estate commission. They are responsible for their normal closing costs Closing Costs The numerous expenses (over and above the price of the property) that buyers and sellers normally incur to complete a real estate transaction. Costs incurred include loan origination fee, discount points, appraisal fee, title search, title insurance, survey, taxes, and auction exposure costs. Buyers pay a bidders premium. "Marketing a home for as little as $299.00 with no seller paid commission is the best home marketing value, bar none," says President Flynn. He continues, "Add the robust White or Blue marketing package and you have a professional exposure powerhouse!" If the home doesn't sell at auction, the seller can run the auction again, up to 3 times using repeatable advertising at no additional cost! ByAuctionOnly also works with Realtors as necessary. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion