Monday November 23, 2009 9:33 AM ET
SmartMoney
Comments

Story Comments

RSS RSS | Join the SmartMoney Twitter Community
Extreme House-Selling Strategies
How do you move a house fast in today's buyer's market without dropping the price?
 
You must be registered to use comments. Please login
User Comments
Posted by: fdreano
I always hear 'all real estate is local'. Don't buy it. In FLA where everybody is an import - they have to sell out where they are to move here - be it DC, NY, etc. and that's the tough spot. The new housing category 'finished but vacant' is growing with new homes here too-big time.
Posted by: yourrealtortoday
1st, market fault of creative finance by lenders. offered 2 good 2 be true & buyers took it. 2, if no buyers lower price no help. I realtor in Fl mortgage isnt problem its taxes(2% of sale price!) & insurance(hurricanes & greedy insurance co) market here stop & looks bad. realtors have few buyers best bet...offer high commission. comes down to paying bills like everyone else. ..high inventory U need to focus on realtor greed.
Posted by: coffeethecat
Markts vary by region! SM artle is generlzed With 0 value Sold out of MA year ago RE market there tanking If u'r a seller in the NE and dont need to be out take u'r home off the markt And wait What better way to incr demand by lowerng supply DUH! Now Im in a Southern hotspot Bot into a GREAT area Sellers here SELL with no problm Buyers pay top $$ Regnl RE markets are cyclical Been like this since day 1 SM sensational headlines- SM=yes-an oxymoron) is what sells ads/increases mouse clicks
Posted by: benjy1107
First of all there is no national real estate market unless you're the national president of some realtor(r) board or an institutional segment investor. I want to know the deal within 1 square mile of my house for sale in the the school district of the house where I'm buying. I'm so tired that I provide 8 ways to sell info free home-selling-ways (dot com). Realtor, FSBO, discount realtor, consultant, auction, investor, sell on terms and a bonus method if you go check out what I wrote there.
Posted by: CaptainsLog
I agree with htmsr24. This article was pathetic and a high school scribble. Smartmoney is an oxymoron here.

Best selling strategy in todays market is 2Ps.

1) PRICE: Lower it.
2) PRAY : If you are in a bubblezone, you are going to need additional help to offload your overpriced box regardless of paper appraisals.
Posted by: htmsr24
RLTHUR.above board pay is just that.everyone knows what your getting.a buyers agent is suppose to act on the buyers behalf at all times and should not accept additional incentive from the other party to sway a buyer to go in any particular direction.it is a clear conflict of interest.second,even with rates down,the market is still in a decline nearly everwhere.inventory does not make a buying opportunity if it doesn't drive down prices.just means you have a higher amount of overpriced homes.
Posted by: rlthur
Htmsr24 is off the mark. There are more houses on the market than in the recent past,and I think this is a buying opportunity. Interest rates are very low, so if you lose a few $k not buying at the bottom, you gain a lot by great rates. Regarding what htmsr24 calls bribes, what does he call real estate commissions? Bribes or salary? An additional incentive is not a bribe. Re the article, the ideas are sound, especially staging - but I hate the cost!
Posted by: gpetro
Unfortunately, there is very little a seller can do to turn around the lack of momentum
in the present housing market. As a Realtor I've negotiated many tens of millions of dollars
over the past five years and its pretty clear that until the inventory of legitimate buyers
gets beefed back up, all the tea in China or vino from Napa wont make a deal happen if the
property doesn't match the need. And right now, there seems to be a lot more property than need.
Posted by: htmsr24
This insults the intelligence of buyers.Anyone who buys a house today in uniformed.I've owned 3 homes over the past few years I would never buy in today's market.The fact that also this article tells you to in effect bribe the buyer's broker is obscene.If I found out my broker was getting something from the other side I would I fire them and file ethics complaints.'THROW A PARTY'?Pay 25%+ more than a house is worth because of a glass of cheap wine and some microwave appetizers?Terrible article!
Advertisements