Condos are often the most volatile real estate investments. When prices go up, they go WAY up in a condo. When prices go down, competition is fierce to sell. In a tough market here are some great ideas
Via
Mykel Martin:
Times are certainly tough for sellers right now. And you probably won't sell your house for the amount you would like. The best strategy for now would be to stay put and wait out the crisis. But if you simply have to sell (for a job transfer or financial reasons), there are some things you can do to expedite the process.
The following tips will help you sell your house in these tough economic times we find ourselves in:
- I know you've heard it before, but it bears repeating. Pricing competitively is critical when selling a home in this kind of market.
- Creating curb appeal in today's tough real estate market is essential in getting your home sold fast. Sellers need every edge they can get in this economy, and presentation goes a long way in this regard. Curb appeal is a buyer's first impression to what's to come inside and with good curb appeal, you set the stage for an inviting place to call home.
- The key thing to remember when selling in foreclosure is Time Is of the Essence and hiring a realtor is highly recommended. But don't just sit back be frustrated. Supercharge your Realtor's ordinary real estate marketing efforts by ensuring that they include an aggressive online marketing plan. The key driver of marketing success nowadays is to make sure you get found online.
Did you know that you can sell your house and everything in it through eBay. While this may sound crazy, eBay allows buyers from all over the world the ability to lookup listings, including yours to buy. This effectively opens your market from your small local community into a much wider buyer audience.
Zillow is a lesser known site that is actually cutting staff due to the economy, but it's another great free resource that can help you expand your marketing reach and sell your house quicker. A good Realtor should know of several other online sites to list your house on like Google, Yahoo, Craigslist and Trulia...just to name a few others.
When you're in Foreclosure and have to sell, the faster you sell the better and incorporating these Internet options can often times make it faster.
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I have tried E Bay a few times and no response at all. I like Harmon homes and homes.com. We advertise our listings at 20 something sites and these two get a lot of hits.