Jul 7, 2021
GRAND ISLAND, N.Y. & HAMILTON, Ontario - July 7, 2021 - PRLog -- Since the dawn of the internet era the real estate industry has experienced remarkable changes. Particularly, the DIY concept of selling real estate, commonly known as "For Sale By Owner" which has virtually exploded in recent years. FSBO vendors today have numerous options in selling their homes for sale by owner, as there seem to be new models available readily. TradeCasa, quietly entered the market in 2016. But in recent years, has become one of the fastest growing FSBO marketing platforms on the market and it certainly deserves consideration.
Listing Setup and Market Reach
What immediately caught our attention about TradeCasa is its simplicity of use and marketing reach. The company has a solid marketing presence in every US state and province in Canada, with active home listings in almost every major city, including thousands of sold properties. A global marketing FSBO platform of this magnitude typically requires a cumbersome listing process and/or complicated contracts. On TradeCasa, we were able to publish our home listing in less than 3 minutes, granted we had our photos and description prepared, the final listing presentation looked very professional. The listing showcase also formats beautifully on all mobile devices, without the need for downloading any external apps. In our opinion the listing presentation is much cleaner looking than any other competitors in this space.
Listing Package Options and Costs
The old saying of "you get what you pay for" does not seem to apply to TradeCasa. Their for sale by owner packages remain highly affordable. In fact, you can create a basic listing free of charge. Their free listing package offers unlimited time exposure on the site, with access to some basic sales tools and resources, but only 5 property photos which is generally not enough in our opinion. But being free, you certainly cannot complain. Their Premium Listing package starts at $49.95 (one time fee) and offers some of the best FSBO marketing tools and resources we have seen, including contract preparation tools. We elected their top package, Premium Plus ($99.95), which also adds a branded FSBO sign and frame. The sign product is designed to direct viewers to your listing showcase and certainly did its job while standing out on the street. Although, we loved the sign, they do not offer any branded "open house" or "directional arrow" signs, which would really complete the outdoor sign marketing package. But, the overall value remains exceptional, you get a lot of marketing and support for the price you pay.
Business Model and Results
When it comes to FSBO marketing, online exposure and finding buyers without buyer's agents is a must. Many FSBO vendors will often pay a buyer's agency commission as their buyer elected to be represented by an agent. TradeCasa seems to uphold a "true" FSBO model, by allowing you to optionally flag your listing as exclusive, in essence filtering out most leads from buyer's agents or buyers working with agents. We loved this approach as it encouraged buyers to remain exclusive and limits the number of contacts from agents. However, the downside of this model is that TradeCasa does not offer any external listing syndication to other major sites, particularly MLS®. This may seem like a downfall, but if you are after selling without any commission, this simply makes sense.
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