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It’s Now Cheaper to Own, than Rent

Nov29
2011
Leave a Comment Written by Dan

With interest rates hovering around the 4% mark on a 30-year fixed mortgage, owning a home has become cheaper than renting in 12 metropolitan areas, including Miami, Orlando, Atlanta, and Chicago.

The Wall Street Journal states, “Home prices and mortgage rates have fallen so far that the monthly cost of owning a home is more affordable than at any point in the past 15 years and is less expensive than renting in a growing number of cities.”

Inventories of existing homes have begun to drop. Miami alone saw a 50% drop in their available inventory. South Florida has become a focal point for Northerners who are looking for a warmer climate, or Canadian property investors looking for homes to rent season to season.

Other areas where renting is becoming more expensive than home ownership include Jacksonville, Phoenix, Tampa and Las Vegas. All these areas are primed to see an increase in property sales and real estate values.

Although finding a buyer may not be as simple as it was five years ago, the recent figures show that people are looking for properties. The more properties sell, the higher property values will go. Listing a property now may gain you a buyer quicker than you think.

Posted in Market News, Press - Tagged chicago, florida, jacksonville, miami, rent or own, rent vs own, tampa
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New Features to Expand Your Marketing Campaign

Jul27
2011
Leave a Comment Written by Dan

You Asked. We Listened.

As you may know, BuyOwner.com has gone through some major corporate changes. With the birth of the “New” BuyOwner.com, we have taken a new approach to helping you sell your home. We know that times are tough and we are devoted to helping you achieve your goal … to sell your home and save a costly commission. Over the past few months we have been contacted by sellers asking for some additional features to be added. We listened.

Rental Options : Yes. You can now indicate that your property is also available for rent, right on your listing. The potential buyer or renter, will see the monthly price you are offering your property for. And guess what, if you rent your property, you can place your listing on hold, and when you are ready to sell again, your property can be reactivated for no additional cost. It’s a win-win situation. Remember, our guarantee is that your property is listed until it is sold, that includes if you decide to rent it now, and sell later.

Buyer’s Agents : We know you want to save as much money as possible on the sale of your home. We also know that there are buyer’s agents that specialize in helping buyers find homes. Sellers have asked if we can let buyer’s agents know they can contact them, so we’ve made it easy for you to do. You can now indicate on your property listing that Buyer’s Agents are welcome to contact you. This does not mean you agree to any financial terms or agreements. You are still in control. If the agent finds you a buyer, you get to negotiate with the agent what you are willing to offer for compensation. Selecting this option does not create any kind of contractual agreement between you and the agent. You are still in control.

These two new features are just a small part of what is in store for the future of the “New” BuyOwner.com. We are currently developing new tools and services to help you market and sell your home. The “New” BuyOwner.com is dedicated to providing you the tools you need to sell your home. After all …

“No one knows your home better than you.”sm

Posted in New Features, Selling Tips - Tagged buyer's agents, buyowner.com, byowner, features, rental, rental property, rentals
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Scheduled Maintenance

May01
2008
Leave a Comment Written by Dan

As some of you may have seen, the BuyOwner.com web site was down for a few hours for some database maintenance. These new changes to the database have been put in place to accomodate some new and exciting features we have in store.

The BuyOwner.com IT department appreciates your patience as we continue to better your home selling and buying experience.

Posted in New Features - Tagged updates features maintenance
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Seller Dashboard Update Coming Soon

Oct09
2007
Leave a Comment Written by Dan

We are very excited about the upcoming launch of the redesigned Seller Dashboard. Virtually every page has been updated with a new, easy-to-use interface. The interface redesign is just the first step toward new and exciting features. Buy Owner® prides itself in giving you, the seller, the tools you need to help you sell your home.

Keep an eye on this blog for announcements of new features.

Posted in General Information, New Features - Tagged dashboard, mybuyowner, seller, website
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Welcome to the Official Buy Owner Blog.

Sep07
2007
2 Comments Written by Dan

Buy Owner

Welcome to the Buy Owner® Blog, your source for regularly updated market information. As the proven leader in the “For Sale by Owner” industry, Buy Owner offers the strength and diversity of an established organization, along with the drive for innovation and quality.

At Buy Owner, we believe selling or buying your home is one of the most important decisions of your life. We pioneered this business back in 1984. Today we use that experience to help you. We customize marketing plans specific to each customer. We connect buyers and sellers through our website, our magazine, our talking yard sign, our computer matchmaking system, and our toll-free number.

To serve you, we house a skilled staff that is knowledgeable about real estate trends, news, and tips. Our team specializes in advertising and marketing, customer service, information technology, mortgages, real estate, and title insurance. We are dedicated to providing you with helpful advice and resources about selling and buying property. At this blog, our priority is getting information in your hands.

Simply put, We believe in giving the power of buying and selling real estate back to YOU because, with BUY OWNER, it’s U that makes the difference®

Posted in General Information
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About the BuyOwner.com Blog

Welcome to the BuyOwner.com Blog, your source for regularly updated market information!

Founded in 1984, BuyOwner.com® is the leading provider of real estate marketing services. We pioneered the "For Sale by Owner" (FSBO) market, which today represents over 20 percent of all residential real estate transactions.

You can read more about BuyOwner.com here.

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