Ebay Real Estate to buy and sell real estate

EBay Real Estate grew from a nearly empty ebay.com category in the summer of 2000 to a fully functional version today, with over 1,500 listings and up and running on various eBay domains (eBay.com, eBay.co.uk, eBay.be, eBay.nl.). Read about some of the pioneers who sold their homes on eBay as a first grader and without a middleman. And about the full potential of real estate buying & amp; amp; sell on eBay today.

Ebay in the first years

eBay was founded in 1995 by Pierre Omidyar as “Echo Bay Technology”. It was about little more than some of the auctions in his garage at home. The domain for his new company became eBay.com because echobay.com was already in use. The co-founder was Jeff Skoll. Meg Whitman, a Haward Business school student, joined them in 1998. They have worked hard to turn the site into a community with central selling and buying. In 1999 the company bought an auction house, Butterfield and Butterfield, for $ 260,000,000. Meanwhile, it already had 400 employees. The half.com website was bought in 2000. Here, items could be bought and sold at lower prices than on eBay and also lacked the auction feature. In 2002 eBay bought Paypal inc for $ 1,500,000. Paypal is a social online payment method that does not require credit cards. You can also send and receive money by email. Money can move easily back and forth to bank accounts. eBay had a bright future. In 2004, it had earned $ 3.3 billion in revenue and was used by 135 million people worldwide. [Source]

Start of real estate on eBay

Five years old, eBay moved into high-price markets such as automobiles, electronics, sports equipment, and more in 2000. . . property. Apart from the real estate activities, this immediately had a positive effect on the increase. The real estate sector slowly accelerated. About 50 properties made it to eBay’s first real estate page, which was started in partnership with real estate brokerage zipRealty.com. The fee for auctioning on eBay was $ 50. But it was less of an auction than an online advertising tool. Offers were not binding and generally caused the agency to handle the sale. [Source]

About some of the pioneers in eBay real estate

In 2007 Elisabeth Shaw and Jim & amp; amp; Sue Gayes cut the agent to save money and sold their home online. They also used the social networking youtube site. Elisabeth Shaw got 750 hits to the site in 5 days and 10 made a warning that would inform them about bidding on the house. She paid £ 37 for the home’s display with photos and descriptions on eBay. There was a 10-day period during which prospective buyers could contact the seller via pm or email for more information or arrange a visit before placing a bid. When the deal was made, payment was made through a third-party system that checked the buyer’s payment capacity.
Jim Jayes marketed his 3 bedroom holiday home in Wales on youtube. Each room was featured on the video which gave further detailed views of the property, sold for £ 250,000. This video on youtube tactic has since been adopted by many agencies. Today it is the common way to provide real estate information online. YouTube is a fantastic marketing tool that is also completely free after the video has been created! This is what the British did in 2007 and it was taken from what the Americans did the year before. The minimized role of an agency in both of the above cases is to value the property. [Source]

Ebay Real Estate today

With thousands of listings in x countries, eBay is an important resource when looking for real estate to buy or sell. Read the first real estate guidelines before you use the site commercially. Further explore as much as you like the different subdomains for real estate on eBay.
Go to:
Real Estate Australia
Real Estate Belgium
Real Estate Canada
Real Estate France
Real Estate Germany
Real Estate UK & Ireland
Real Estate United States

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Blogger since 2004 or '05 and passionate about real estate since a long time.