Foytina's mission is to revolutionize
the way people and businesses deal in real estate!
Selling, renting or buying a real property has so far been an exclusive job of a real estate agent. Not any more! Nowadays, accomplishing a real estate transaction is a simple process!
The role of a real estate agent is simply to act as an intermediary between you and the buyer/seller/tenant. Why should you surrender your profit to an estate agent when you can do the job on your own doing FSBO? By cutting out the middleman, both parties can save money and potentially even expedite the transaction’s process.
What is ‘FSBO'?
FSBO is a commonly used acronym that stands for ‘For Sale By Owner' and it is used to describe the process of marketing, buying, renting and selling of immovable properties directly. As opposed to listing a property with an estate agent, an FSBO offering is handled exclusively by the owner.
But before you get too excited, it’s important to understand the time and effort involved. Buying, selling or renting your own real property is a serious commitment taken. It involves an essential time commitment as well as lots of effort needed for research and planning. It might be a major responsibility to undertake, but at the end of the day you are saving money!
There are a number of reasons why you may choose to forego the use of a real estate agent when looking to selling, buying or renting a property. These are just a few of the advantages:
SELLERS
As a seller, there are many advantages to selling your property FSBO:
-
First and foremost, there is the obvious financial benefit. Taking into account the fact that you will save the 6% (on average) commission rates paid to a real estate agent, you are certainly given a strong motivation. For example, if you sell your property for €100,000, by using an agent €6,000 of that goes directly to pay the commission rates. For most people, that’s a lot of money to save!
-
Secondly, selling your own property you get the opportunity to make a quick sale if necessary. Assuming that you have found a new property or investment bargain and need to buy as soon as possible, then the pressure is now on to sell your own property and get the money. By selling the property yourself, you have the option of lowering the asking price easily up to 6% below the market value. This move will intelligibly attract potential buyers. The buyer will thus feel like he is getting a bargain deal, while you are actually losing nothing!
-
Another advantage is the fact of having better control and flexibility throughout the transaction. Selling on your own allows you to choose your bottom deal price and determine when and to whom you show your property.
-
Lastly, who knows your property better? You know everything about it from ‘corner to corner’. You are also familiar and aware with everything ranging from the neighbourhood to the district’s level. This sentimental connection makes you better equipped to handle the sale of your property and to answer any questions the buyer may come up with.
BUYERS
As a buyer, there are also advantages to purchasing on your own, including the following:
1. Once again, the most obvious advantage is to save money! By purchasing directly from the seller, you are potentially not paying the realtor’s fee. This gives you the chance to negotiate even more with the seller.
2. Similarly to selling, buying on your own offers you greater control and flexibility to view potential properties at your convenience and to directly negotiate the terms of the sale with the owner.
3. You know better than anyone what you are looking and what your budget is. By dealing directly with the seller, you can avoid the pushy sales tactics commonly associated with most real estate agents. Do not forget that it is in the agent’s best interest for you to purchase the most expensive property within fewer visits. When looking on your own, you are free to take as much time as you need to find exactly what you are really looking for. Buying a property can really stress you up sometimes!
Company's Overview
Foytina is a private company founded in August 2007. As a limited liability company, it began as an advertising services provider addressed to real property owners, taking the advantage of the power of internet and similar means. It has since then been evolving into a global tool aiming to change the way people and business deal in real estate, find and access relative information and make their property sales, purchases, rentals, exchanges etc. Starting with its comprehensive online listings database and other handy-tools as well as our offices and colleagues' network, Foytina offers a broad and deep array of communication and commerce for every real estate client.
Foytina.Com
Foytina.Com is the Internet's fastest growing and leading real estate F.S.B.O. advertising website, offering a comprehensive property 24 hours web-based database for users around the globe. Foytina.Com is recognized as one of the largest independent F.S.B.O. (For Sale By Owner) real estate advertising tool, an easy to access and use service that offers the best real estate buying, selling, renting etc experience.
Mission & Values
Serving peoples' most essential needs, Foytina remains focused on becoming increasingly essential to the lives of consumers. As part of its ongoing commitment to enhance peoples' ability to buy, sell, rent or exchange real properties through the internet with anyone around the world, Foytina offers services that include communications via Foytina.Com -the basic and most powerful promoting tool of the company's advertising means- and offices to enable in-person meetings. Foytina's people will soon be available through various media such as phone, fax, email, VoIP and in-person to assist you with your enquiries for the sale, purchase, renting or exchanging of your property.
Foytina's utility and ease of use services have made it one of the best known F.S.B.O. brand all over the world because of our satisfied clients. As a business, Foutina generates revenue by providing to anyone dealing with the real estate industry the opportunity to deliver measurable and cost-effective advertising. We don't allow people to pay more for preferential treatment. This makes the advertising useful to the buyer as well as to the seller. Thousands of private sellers, landlords, property developers, hotel managers, caretakers, estate agents, tour operators etc can use our advertising tools to promote their properties and businesses on the web with targeted and definite advertising.
The Future
Foytina will always deliver more than expected! Foytina does not accept ‘being the best' as an endpoint, but as a starting point. Through innovation and excellence, resulting from study and experimentation, and putting into force modern, advanced and powerful technological tools and means internet provides, Foytina will transform the traditional cumbersome real estate advertising environment into a fast-track and effective real time communication platform.
Offering personalized solutions, customized to integrate clients' needs, Foytina will continue to offer services and tools far beyond online typical search. Foytina's services, programs and tools will keep generating greater customer acquisition and retention, extended brand value and increased sales.
'Foytina' Real Estate Agency
Apostoulou Andrea 11, Pissouri, Limassol, Cyprus.
PoBOX:59201, Post Code: 4607
Phone: 00357 25222677, Fax: 00357 25222766, Mobile: 00357 99325635
Email: info@foytina.com - Website: www.foytina.com