Sunday, February 26, 2006

I Can't Sell My Home - Now What?

There are lots of ways to sell a home that most agents don’t know about or will ever learn about. They will list your home, cross their fingers, and be happy if they sell the home. But you have already tried that agent. So now what? Talk to an agent in your area that specializes in expired and canceled listings. They may have options that you have never heard of or been offered. How about a Lease Option on a property you own? A lease option can greatly increase your chances on selling a property at a great profit. There is also the option of doing a seller carry back on a mortgage. Have you thought about a 3-2-1 buy down program for your home? (This is where the seller buys down the interest rate for the first 3 years of a home purchase for the buyer – saving them, sometimes, hundreds of dollars per month – while costing you less than paying for their closing costs) You could also offer a home warranty. This option only cost between $200 and $400 and greatly increases the buying decision between two homes. (I believe in this one so much I will buy it at my expense for my sellers.) There are literally 100’s of options for homes that don’t sell right away. Yes, sometimes it is price, but it could be the marketing plan. Is your home being marketed to the audience that needs to see it? You don’t want to be looking for a first time home buyer for a $1,000,000 property, and also you don’t want to market in Fortune 500 for a manufactured home. Both are great, but only to the correct buyer.

For more information on your home that didn’t sell feel free to call or e-mail me anytime.

Todd Clark – broker
Kastings & Associates