Sellers Resort to Weird Deals

I recently read and article on what sellers are doing to get their homes sold. I know here in Central Florida we have in excess of a 34 month supply of resale homes, these numbers do not take into consideration new construction. So what have these frustrated home sellers resorted to doing? Home sellers are trying an array of techniques to sell their slow-moving homes.

Bob and Ricki Husick sold their suburban Pittsburgh home by offering to give back the buyer's purchase price upon their death. The Husicks also offered to throw in the couple's retirement home in Arizona if the buyers would agree to care for the Husicks in their old age.

In Colorado, J.J. Rodgers has launched an essay contest. So far, she has received more than 500 essays - accompanied by a $100 entry fee - explaining why the writer should win her four-bedroom home. Rodgers hopes to get a total of 2,000 entries or $200,000 in fees.

Here in Orlando a builder is raffling off his million dollar home. He is selling tickets for $100 and at the end of the raffle one luckily ticket holder will walk away with a new home.

Daniel Lasnick, a real-estate attorney in Stamford, Conn., recommends discussing deals involving quirky incentives with a real-estate lawyer. Depending on the incentive, a side agreement may be needed. Some people think the weird incentives are unlikely to have much impact. "People are offering all kinds of goofy things to get their houses sold, but what gets a house sold really is going to be based on price and price alone."

For information on buying or selling in Central Florida, Orange County and Seminole County, new construction or Relocation services contact your Lake Mary Real Estate Agent Heather Joubran @ 407-810-6304 or hjoubran@remax.net Seminole County consists of Lake Mary, Sanford, Heathrow, Longwood, Altamonte springs, Winter Springs, Oviedo. Orange County consists of Orlando, Downtown Orlando, Baldwin Park, Windermere, Apopka, Winter Park, Maitland, Disney, UCF, East Orlando, Lake Nona. I can help you with all your housing needs from Luxury Homes to First Time Home Buyers.

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