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Category: Quad City Real Estate

Will My House Sell Using FSBO?


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By: Tim Riley

People question if their house would sell using the For Sale By Owner (FSBO) route. I get this question a lot, as if certain types of houses sell this way. The truth is there is no house suited better for FSBO or using a realtor. I have been working with FSBOFox for close to ten months. Within these ten months, we have helped list and sell dozens of houses using our young FSBO services. During this time frame, clients using our site have sold their house at prices ranging from $69,000 to $299,900.

                                               

Listed for $69,500 and sold on FSBOFox                                                                              Listed for $299,900 sold on FSBOFox

I will have to admit that some homes try to sell FSBO, and they don’t. A few clients have found success using a broker service like Ruhl & Ruhl Homes. On the other hand, some houses have sold better using FSBO, check out this testimonial from a Quad City FSBO Client:

“Ours was listed with Mel Foster for 5 months and nothing then listed with fsbofox for one month and sold!”

- Lora Green | East Moline, IL

There is no magic formula for which route to sell your house works best. You need to see what option works for you. If you want to save thousands of dollars and don’t mind a little bit of work, then FSBO is where you need to be. On the other hand, if you don’t have any free time at all and money is not a concern then using a real estate agent is the best path for you to purse first.

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What’s the 2012 Quad City Housing Market Like?


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By: Tim Riley

A couple times a week, I like to scour the web for information pertaining to real estate. I typically focus on Quad City homes, but I also read a lot about Midwest homes and the national market. I have found some of the best locations to find information about local real estate are broker companies. For example,  in the Quad Cities this would be, Why USA, Iowa Realty, Remax, Mel Foster, and Ruhl & Ruhl.

According to Ruhl Homes summer 2012 report, which compared the first 6 months of ’12 to the first 6 months of ’11, homes sales ARE UP! To be more specific, Iowa Quad Cities sales are up 21% and the Illinois Quad Cities are up 18%. This is good news for anyone trying to sell their home. With the unemployment decreasing and interests rates dropping like a rock, this trend makes sense and it is real, not some phenomenon.  There are many first time home buyers, investors, and young families looking to expand their square footage.

Ruhl Homes also cites that the average home in the Iowa QC has a sales price of $173,500 and Illinois QC is $107,200, both of which are up from last year. What I found to be most interesting is the supply. Both Iowa and Illinois houses listed for sale are down, 4% and 16% respectfully. If this trend continues, then you can expect the market to slowly sway from a buyer’s to a seller’s market. I doubt this will happen overnight, and it could take years. If you are looking to sell or buy, the time is right. Low interest rates and a lower supply will have both sellers and buyers on the move as we enter 2013.

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Share Your Quad City Real Estate


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By: Justin Hawker

Have you ever noticed the “Share This Listing” button on all or our Quad City Real Estate listing pages?  What exactly does it do you ask?  It allows you or potential buyers to share the listing on over 50 popular internet sites.  On top of that, you can also email the quad cities real estate listing or have it texted to a friend from the Share This Listing button.

We are the only Quad City For Sale By Owner website that offers this feature. One of the many reasons FSBOFox is the premier FSBO Quad Cities website!

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Quad City Real Estate Market Analysis


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By: Justin Hawker

Did you know that FSBOFox offers a Quad City Real Estate market analysis?  For $49, we'll research what similar homes in the area are priced at as well as what QC Homes in the area have sold for recently.  We'll provide you with a full report to help you in pricing your home.  We are the only Quad City FSBO website that offers this service!

If you choose to research home price on your own here are a few tools that might aid you in your search:

  • Scott County Tax Assessor: this site allows you to do a comparables search with other properties that have sold recently in the county.
  • Clinton County Tax Assessor: allows you to search for comparables through the Sales Search feature
  • Rock Island County Tax Assessor: allows you to search the property tax evaluation of properties but not recently sold properties
  • Mel Foster: local real estate agency. Browse to see what similar homes in your area are listed for.
  • Ruhl and Ruhl: local real estate agency. Browse to see what similar homes in your area are listed for.
  • RE/MAX: local real estate agency. Browse to see what similar homes in your area are listed for.


Note: Market Analysis may not be available for some smaller towns due to small amount of recent home sales and current properties listed.

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