What do you do when you have to sell your house, but you can't wait until the market turns around? The Wall Street Journal published a helpful article that addresses this increasingly common problem.
They lay out 7 really good tips anyone hoping to sell in this market should follow--
1. Don't Wait Around
2. Fix it Up and Clean it Up
3. Price it Cheaply
4. Hire a Top Real Estate Agent
5. Promote, Promote, Promote!
6. Play the Banker
7. Take the Offer
The truth is, in many areas the housing market hasn't even reached bottom--so potential sellers praying for a quick turnaround in the next year or so need to start brainstorming ways to maximize profits in the current conditions. Often this is difficult--it's a big adjustment to accept that your house's value has dropped, and separating emotional attachment from the price tag is also a struggle. Following the above tips will help ease the process and make it easier to get that house sold.
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