Welcome back to the second part of our series discussing what to do if your home just won’t sell.
Want to sell your Kansas City Home? Get a home value report here
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If you missed our first installment, you can check it out here.
In continuation of my video last time, here are a few more tips if you’ve found it hard to get your home sold:
5. Offer your home on a lease option. There are a couple ways to do this: If you own your home outright, you can do an owner finance where, if you don’t have a mortgage on it, you can record that note at the county courthouse. This allows you to be the bank, so to speak, for the people buying your home. If your mortgage company allows it and your insurance company has been notified that your home is non-owner occupied, this can be a good option for those who aren’t able to sell
6. Ask your employer about relocation. There are a lot of corporate employer packages where relocation is an option. These can help with the expenses of selling your home.
7. Lower the price of your home. This will help make your home more competitive. For this to work, we need to do an analysis on the environment of your home’s price point and be sure that the condition, location, and marketing package you’ve chosen are competitive. This way, your home will be a clear pick for the buyers in your market.
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Our guaranteed sales plan for clients says that if we haven’t sold your home in 90 days, we will step in and buy your house from you so that you can go on to buy the next one without contingencies.
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8. Consider a real estate auction. My team does what’s called accelerated marketing, and there are four kinds of auctions that fit different strategies. The great thing about conventional marketing is that you can gauge the market and take your time to draw buyers in—there’s a lot of negotiation in a balanced market. With an auction, you set the terms up front, meaning you get to tell the buyer exactly what day the home is going to close, what terms are attached, and what inspection rights and financing rights the buyer has. The buyer who purchases your home will have to live with whatever terms you’ve set, and then they’ll pay commission. This option isn’t appropriate for every situation, but it is a conversation worth having.
9. Consider our guaranteed sale plan. We guarantee to clients that if we haven’t sold your home in 90 days, we will step in and buy your house from you so that you can go on to buy the next one without contingencies.
If you have any additional questions about what you can do to sell your home in a difficult market, feel free to reach out to me. I’d be glad to speak with you.
9. Consider our guaranteed sale plan. We guarantee to clients that if we haven’t sold your home in 90 days, we will step in and buy your house from you so that you can go on to buy the next one without contingencies.
If you have any additional questions about what you can do to sell your home in a difficult market, feel free to reach out to me. I’d be glad to speak with you.
