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Forum nameBiz Ideas
Topic subjectNew biz idea
Topic URLhttps://www.businessownersideacafe.com/forums/dcboard.php?az=show_topic&forum=103&topic_id=198&mesg_id=198
198, New biz idea
Posted by fsbosho, Sun Oct-01-06 01:45 PM
Hello Everyone,

My name is Shawn and I came up with this idea when I was selling my home FSBO in another state and we had to move prior to the home being sold. BTW, we're a military family so we've had to move numerous times and purchased several homes over the last 12 yrs.
Since the house wasn't sold before leaving we had to find a realtor to sell the home and pay the 6% fee.

Once the house was listed with the agent, I began to research real estate licensing laws in that state and others. Well, six months later, I've formed a corporation based on this concept.

Yes, an attorney has reviewed/researched the idea and the legal formalities but I really need some feedback from others. So here goes...

My business will target sellers that are selling their home through "For Sale by Owner" sites. My business would include: a home showing service, a cleaning service and a staging service. The home showing service only consists of "showing the home for the owner when the owner isn't available" to show the home themselves. It could also include holding an open house, if the homeowner chooses to hold an open house. In the home showing capacity, I will act as a "FSBO Consultant" to the home seller. I would give callers the information about the home supplied by the seller, but have them contact the owner for further details. If the homeowner wants the person to "view" the house, I or someone who works for me, would open the door for viewing. We will not try to sell the features or the neighborhood just be there to meet and greet. We then let the prospects view the home without pressure. The business will explicitly say that we are not realtors, agents or the like; we will not negotiate any contracts for the seller or buyer; we cannot assist with setting the sales price; we cannot offer legal advice of any kind; we cannot and will not "market" the property. We are only there to assist the home seller when they aren't available to show the home. Additionally, the business will be licensed, bonded and insured.

I've reviewed the Virginia board of real estate's regs and what I'm proposing does not constitute "selling or negotiating" contracts. I just need someone to assist with setting up this business and reviewing my service agreement. Lastly, for more info the website is www.essential-home.com.

So, please review the website (yes I did it myself) and provide any feedback about the website, the contents, the idea, anything. I would really appreciate some feedback.

Thanx,

Shawn