Buying and selling real estate for sale by owner

What to do in a slow housing market.
March 16th, 2009 10:59 PM
Why don't homes Sell?The market is slow

You’ll hear it described as a slow market, or a buyers market, or maybe a cold market. But it all means the same thing. That home sales in the local area, or market, are slow. That there are too many homes for sale and not enough active buyers. There are several things you can do to combat a slow market. The most effective strategy is to sell at a lower price. Buyers are expecting to find bargains during a slow market. You can also help yourself by offering to pay some concessions to help a buyer that might not have a lot of cash. The ultimate way to beat a slow market is to simply wait it out. But that’s not always an option for many sellers. If you didn't pay a commission you could sell for less and still pocket more. Is that something you can do? Most people who think things through for a few moments realize they have enough know how to get thing done. Why then is selling a house so different.   


Posted by Direct to Market LLC. on March 16th, 2009 10:59 PMPost a Comment (0)

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