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eBay Realtors Internet Dream to Market Real Estate
Selling real estate over the internet may sound like an awkward idea. However, the exposure the real estate receives over such a widespread media like the internet is every realtor’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 most realtors. It provides a widespread medium of advertisement for the real estate. It is also a relatively inexpensive method of advertising. One of the best things about selling real estate on eBay is that it “markets” to many areas around the world, not just a local area. Advertising on 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 the realtor having to explain the details about the property to every single prospect wanting information.
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Real Estate in Canada on December 13th, 2007 3:51 pm
eBay provides a great vision for real estate sold internationally and making it more efficient – you’re right it can seem awkward for many at first. I’m also in the real estate listings industry; hopefully we can collectively make it happen sooner.
Canadian Real Estate Blog on October 10th, 2008 7:27 am
It is definitely a good way to increase exposure for a property but what exactly does it cost? If there is a percentage fee then it might not be feasible for a Realtor to use Ebay. With regards to FSBOs, as long as the percentage fee is significantly less that a Realtors then it might be attractive. If the fee is similar to a Realtors then using a Realtor is a much better way to sell.
RentSeed on May 11th, 2010 8:38 am
Interesting article. Not sure if Ebay has been successful in targeting the real estate market as there is always that risk of getting scammed
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