- Name
- Michael Paul
- Company
- www.eauclairebyowner.com
- E-mail
- Contact Michael Paul (www.eauclairebyowner.com)
- Website
- http://www.eauclairebyowner.com/
- Office Phone
- (715) 559-2942
- Fax
- (866) 252-3099
- Description
- I believe that real estate consumers do not have enough choices. To solve that problem locally, I started eauclairebyowner.com to fill in the gaps between FSBO and traditional real estate companies.
About Eauclairebyowner.com
I believe that real estate sellers in the Chippewa Valley do not have enough choices. Before eauclairebyowner.com, it seemed that if you were selling your home, you either bought a FSBO sign at a hardware store and tried your luck or paid a full service broker 6% commission. Eau Claire By Owner's mission is to offer consumers a range of choices between those two options.
Since most people find their next home via the internet and/or or yard signs, those are the 2 tools I use extensively to market properties. There is an extensive network of professionals, from attorneys to title companies to banks and mortgage brokers, who are eager to help FSBO sellers close their deals and save money.
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But it doesn't hurt to have hundreds of local real estate agents working with you to sell your home either. The MLS, or Multiple Listing Service, is still the 900-lb. gorilla of real estate. The competitive advantage of my business model is that it gives you the awesome exposure of the MLS yet allows you to sell "by owner" and thus owe no commissions. My business model revolves around your best interests:
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Getting the most for your property via mass exposure
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Saving you money on commissions
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Allowing you to have a say in the commission rate you will pay if an agent sells your home
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Allowing you to have a great deal of control over the selling process
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Giving you the tools you need to sell By Owner
The Eau Claire By Owner flat-fee business model is unlike any other in the area, and the response has been fantastic. In just the first 6 months of providing MLS listing services, Eau Claire By Owner listed over 30 homes. 12 had either sold or had accepted offers at that time, and many more still had time remaining before the listing was due to expire. If you are willing to do some of the work and price your home reasonably, this system can sell your home.
Testimonials
Date: 3/18/2007
Mike,
Thanks so much, you were extremely helpful! Having MLS exposure, while selling your house, is the most important thing a seller can do.
I would definitely recommend ECBO to friends and family. In fact I already have. The bottom line is people use the MLS and the internet to find homes. Why pay a realtor big bucks to do so little?
Nick G, Chippewa Falls
Date: 3/5/2007
I would highly recommend ECBO to a friend and already have mentioned it to a few people who are looking to sell their homes in the next couple years.
Mike was very professional and easy to work with. Anytime I would email a question, he would get back to me with 24 hours. Very friendly!!!
The only thing I would've liked to have seen (probably not necessarily a service) is like a breakdown of what needs to happen when...like an info sheet so we knew what to expect. Basically everything that will happen before closing. We had no idea, we just kept asking questions.
We initially went with a [full-service] realtor but weren't getting the exposure we wanted (especially on the internet). We tried selling it on our own for a couple months but had to take the time to do our own marketing using various newspapers and postings at local businesses, but we still weren't getting the internet exposure that we wanted. We received the ECBO postcard in the mail and contacted him within a few weeks. We were able to direct people to the site on our "take one" info sheet and they were able to see the photos and more info as well as directions to our location. We saved about $8000 on commission and still received the exposure on the MLS. This was great advertising for the price. We sold our house within a year and our page received over 900 hits total. I would highly recommend ECBO to anyone.
Sue K, Strum
Date: 2/20/2007
EauClaireByOwner was great to work with! Good service at a reasonable price.
Renee, Eau Claire
Date: 1/30/2007
I would definitely recommend eauclairebyowner.com to a friend. Eauclairebyowner allowed us to get the exposure we needed, but made the selling process so much simpler by eliminating the use of so many REALTORS. (The REALTOR that sold the house couldn't believe how fast the whole process went).
Your services were very good and I can't really think of anything that needs improving. You had timely feedback and everything went very smooth. Just keep advertising and letting people know of your services. I think that more people would enjoy the freedom of selling their own home if they knew how easy it can be. I wish we could have dealt with something like this on our recent home purchase.
L. Halling, Hammond, WI
Date: 1/23/2007
One of the REALTORS representing a buyer, when she called to request a showing asked me how the process was working. I told her "great". I had 20-25 showings, and in this market, it went sooner than I thought it would. Thanks, and I'm very happy I went with you instead of a [full-price] REALTOR.
-E. Gunderson, Eau Claire
Date: 1/8/2007
We both feel your price was very reasonable. Being that our house sold relatively quickly, we are not able to give you any ideas on how to improve your services. We are very happy with what we received.
M. Caldwell, Eau Claire
Date: 9/20/2006
I closed on Friday at 4:00pm. It all went well and I thank you for the excellent service. I'll keep you in mind for all my
future sales.
Thanks!
M Bradford, Eau Claire
Date: 8/11/2006
I was very pleased with the service. Not going through a realtor saved me at least $10,000. Sold my home and found my new condo on Eauclairebyowner.com. I would recommend this service to a friend.
Barbara M., Eau Claire
Date: 6/1/2006
Customer: Mary S
I really liked using the website. It is easy to
use and well planned out. It was a big help.
Thanks for everything.
Date: 4/20/2006
Customer: Carla S
After on and off 2 years with realtors, we listed on your site and accepted an offer in 7 weeks. This service is GREAT. Thanks for all you did. Highly recommend. Who can show a house better than the owners?
Date: 3/11/2006
Customer: Dennis R
The buyers did see the listing on your website and I thank you for all you did. I had over 400 hits on my listing and it definitely sparked interest in the property. Thank you.
Date: 2/6/2006
Customer: Linda & Jay L
We are very pleased with the results we have had using eauclairebyowner.com. Two of our properties sold very quickly after starting the service. Our buyers said they found us on eauclairebyowner.com. We have been very satisfied with the helpful & professional way we were treated.
Date: 2/28/2006
Customer: Ron T
I sold a home on web site in Oshkosh 5 years ago. Your site is much more informative. You have all the forms, locations and even loan places involved. So far it has been very easy. You could easily be charging more for this service!