Sell Your House on eBay
November 19, 2008
By Rhea Perry
Foreclosures are at an all-time high in America and many homeowners don’t have a clue how to sell their house in their hometown, let alone on online.
But did you know that one of the fastest ways to sell a house, land or any other type of property is on eBay?
Everyone knows someone who has bought a car on eBay. Most buyers don’t even bother to inspect the car before they purchase it. They just look at the pictures and check the CarFax report.
Well, my family has had the same success selling houses online. Most of the buyers never come to inspect the property before they bid. They just shop, bid and send the money.
Some buyers NEVER see the property. They simply want to own it.
Want to hear a cool story? Get this.
When Drew was 18, we started studying real estate and he finally found what he loved. So in about three years, he purchased 24 houses and created an income that allowed his dad to come home from corporate America.
Then that fateful day came when he could not rent or sell one of his houses.
So after ten months of worrying about it, he decided to try selling it on eBay.
He listed the down payment only and offered to finance the balance. The biding started at $1
When ebayers saw the $1 bid, they couldn’t believe it. The buzz drew tons of traffic to the auction. Over the 7 day listing period, that auction received about 9,000 hits.
At the end of 7 days, he had a bidder. The next day, the down payment was in his PayPal account.
He got more for the down payment than the cost of the entire house.
And the buyer was from the UK!
He never saw the house and hasn’t seen it to this day. That’s when we realized we had discovered a secret.
We combined real estate with the power of the online auction using eBay.
Since then, Drew has sold over 60 houses and has created quite a passive residual income by providing owner financing.
One of the biggest advantages to selling anything on an auction site such as eBay is that the market is the whole world. Instead of offering your house to buyers in your city or even in your state, investors from all over the place can see your house virtually!
One of our buyers purchased 11 houses in one auction. He was from San Diego;
the houses were in Florence, Alabama.
This buyer actually did fly out to see the houses before he purchased them. In fact, he flew out three times to see them.
On each trip, he was coming to pick up a car or a truck he had bought on eBay and wanted to “drop in” to see the houses.
When he finally purchased the houses, he moved from California to Alabama where the houses are. And now he goes with us on vacation every year, to weddings, funerals and birthday parties and has become part of the family.
Did we take advantage of him?
Nobody here thinks so.
He actually bought 12 houses instead of just 11. When he inspected the property, he discovered we had another fixer-upper nearby that we had chosen not to list.
Because real estate requires a legal closing, auctions conducted in the real estate category are a little different from regular auctions. So if you are a regular eBay seller, realize that the rules are a little different.
The pricing is also different. There are no final value fees.
The main advantage to using an online site such as eBay is to find investors who
have money to spend and who are ready to buy. Even in depressed economic times, there are always investors who have money.
What Drew has discovered will eventually change the way people sell real estate.
Before you try this at home, it’s important to understand the fundamentals of real estate investing and of selling items on eBay. If you do this by yourself, we suggest you start small and work your way up to bigger items to learn the ways of eBay.
We listed one auction and Drew almost lost $100,000. The buyers fell through and we eventually found a buyer that resulted in a successful transaction. We learned a huge lesson about what not to do.
If you don’t know what you’re doing, that could happen to you. That’s why Drew created a live 3-day workshop to help others avoid the expensive mistakes he made.
If you want to sell your house, land or property quickly, consider eBay. The world is your marketplace and investors with money are just waiting to find you.
If you are a real estate investor and want to create many residual streams of income, consider using eBay. It provides a very viable option.
The power of the Internet, and specifically the auction format, is changing the way we invest in real estate.
Get Drew’s FREE 27 Tips for Selling Your House on eBay at www.DrewLive.com.
SellingHousesOnlineWorkshop.com Launched
November 19, 2008
If You Need Options to Avoid Foreclosure,
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What Meg Says About the ebay house selling system
November 19, 2008
Hi Drew!
I am so excited to tell you how much I have learned and been able to apply from your eBay Wealth classes. I have gone to a lot of seminars, teleseminars and week-long boot camps to continue my education in real estate investing. Most of them leave me feeling skeptical, and “sold” with very few providing much content. I have begun to get very picky about what I spend my time and money on.
I can’t believe we got so much content in your course for the price! I can’t believe I get ongoing phone support WHENEVER I need it! As you know, I have used this?. I’ve NEVER had a guru whose package I bought offer me his personal phone number! Usually it’s a fax number and I would get a one sentence response that was completely worthless. As I mentioned earlier, I was a bit suspicious because of my previous experience, and I thought, “OK, let’s see if Drew is actually going to do what he says he will.” Not only did you answer the phone yourself, but you answered my questions thoroughly. On subsequent calls you have always been patient, kind and humble. …Maybe I should thank your mom?!!
Anyway, although I do think your eBay classes are THE best I have taken because of how easy you are to follow, and how you take us through the process step by step in a very logical fashion, my FAVORITE part of it all is YOU! I have NEVER, NEVER, NEVER had a real estate learning experience like the one you provide. THANK YOU!
Oh…and I’ve sold my first house on eBay - in 10 days - and I’m working on a second! All this in California, where the prices have dropped like a ton of bricks and houses can be on the market for years!
A truly grateful student forever,
Meg Kelly
AskDrewPerry.Com is Officialy Launched
November 19, 2008
Check it out here