Friday, June 5, 2009
by Broderick Perkins
© 2008 DeadlineNews.Com
Unauthorized use of this story is a copyright violation -- a federal crime
Deadline Newsroom - Selling a home during a recession requires that you get creative -- really creative.
Bankrate.com recently reported five ways you may not have considered to sell your home.
Sleep overs. Take a cue from HGTV's "Sleep on It" and let prospective buyers stay in your home as they ponder the deal. You might not get any sleep with strangers in the house, but they'll get to see what it feels like to "live" in their potential dream home.
Longer sleep overs. Some owners are hiring house sitters to live in their home and give it that, well, "lived in" look and feel. And some sellers are letting the house go with everything in it -- sans the house sitter, of course -- fully furnished. The technique takes staging to the next level, but again, sleepless nights for you hoping the sitter doesn't walk away with your stuff.
Swap homes. See GoSwap.org and OnlineHousetrading.com to help learn how to find others who share your housing preferences. It's not going to be as easy as finding a soul mate on sites like Eharmony.com. Finding a perfect home swapping mate requires time and effort. If you need to sell in a hurry, fugedaboudit.
Find a builder. Some builders will buy your home, for later sale, if you buy one of their new homes. Don't expect a big profit, but this strategy could give you a fast move if you find a builder with an over supply -- not a difficult task.
Offer incentives. New home builders slash home prices by as much as $100,000, but if you don't have that kind of equity to throw away consider everything from gas cars to motor scooters (to stretch that gas card). Pay homeowners association dues, offer skiing equipment, leave one room furnished. Get creative to create some buzz for your listing.
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Broderick Perkins, an award-winning consumer journalist, parlayed 30 years of old-school journalism into a digital real estate news service, the San Jose, CA-based DeadlineNews Group, including DeadlineNews.Com, a real estate news and consulting service and Web site, and the Deadline Newsroom, DeadlineNews.Com's news back shop.
Perkins is also the first Examiner to cover three beats for the Examiner.com news service:
National Offbeat News Examiner
National Consumer News Examiner
National Real Estate Examiner
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