Tuesday, July 15, 2008

Selling When You Have To

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.

How to Sell a House, When You Have to Sell It Now


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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