First, this blog post won't be a "Realtor bashing session."
That said, this post will be a sort of a "road map" for you and your Realtor to follow in the event your Realtor is unable to sell your property for either:
- The purchase price you want
- The time frame in which you want it sold
3 Signs That Your House
Is Not Going to Sell Any Time Soon
Is Not Going to Sell Any Time Soon
There can be a few reasons why your Realtor can't sell your home for the price you want, and/ or in the time frame you want it sold.
Sorry, I know for home owners, hearing that they are over priced is as fun as having your nose hair pulled, but... it is what it is.
In no way to I want to indicate that your house does not have the value you feel it does. I'm simply stating that in the given market you're in, what you're being offered for the property (if at all), is what the market will bare (at that time).
If no one is calling you to see your house once it's listed, or if they are calling and coming out to see it, but not making an offer thereafter, you have over priced the home based on what the market is willing to pay at the time you are offering your home for sale.
Most likely, your Realtor simply has not told you this, or... they've tried to, and for some reason, you've decided to still price the home at a price you are more comfortable with, but is still higher than what your market will bare.
- Usually, if you find that you're getting calls, but you're also getting zero offers, you're simply over priced.
- Or if you are getting showings, but no one is making offers, again - you're over priced.
- If you're getting a lot of "low-ball" offers - guess what... you're over priced.
Sorry, I know for home owners, hearing that they are over priced is as fun as having your nose hair pulled, but... it is what it is.
In no way to I want to indicate that your house does not have the value you feel it does. I'm simply stating that in the given market you're in, what you're being offered for the property (if at all), is what the market will bare (at that time).
If no one is calling you to see your house once it's listed, or if they are calling and coming out to see it, but not making an offer thereafter, you have over priced the home based on what the market is willing to pay at the time you are offering your home for sale.
Most likely, your Realtor simply has not told you this, or... they've tried to, and for some reason, you've decided to still price the home at a price you are more comfortable with, but is still higher than what your market will bare.
How to Sell Your Home In 7-14 Days,
...Even If You're Over Priced
...Even If You're Over Priced
The title above may be a little bit confusing, since I just got thru stating that the reason your house is not selling is that you, or your Realtor (or both) have over priced your home.
Well, I'm specifically talking about the purchase price here. And when that's too high in a market where you're trying to sell "conventionally" - the house will sit..
One option is to simply do the obvious: Lower your price.
However... another option is to sell your property, "Rent-to-Own."
When you sell your home, "Rent-to-Own" using what is called a "Lease with the Option to Buy" (or "Lease-Option" for short), you can price your home in ways you could not do so in a "conventional" market.
Well, I'm specifically talking about the purchase price here. And when that's too high in a market where you're trying to sell "conventionally" - the house will sit..
One option is to simply do the obvious: Lower your price.
However... another option is to sell your property, "Rent-to-Own."
When you sell your home, "Rent-to-Own" using what is called a "Lease with the Option to Buy" (or "Lease-Option" for short), you can price your home in ways you could not do so in a "conventional" market.
3 Ways You Can Sell Your Home Using a "Lease-Option"
That You Can't Do... When You're Selling Conventionally
That You Can't Do... When You're Selling Conventionally
Selling your property on a "Lease-Option" opens you and your property up to a market you're currently missing out on right now.
It's the savvy investor way of getting 3 times the exposure to a given property and getting it sold within 7-14 days, without paying a dime in commissions.
Granted, there is much more to this, and how it is structured than what I've laid out in this blog, so please don't scream, "What??? That's not true!" or "My Realtor says you're full of it, Russ!"
Relax..
This is meant to be an "overview" (a simplification), not an exhaustive look at how to structure your unique situation, based on your specific needs and wants. However, if you'd like to learn more specifics, and even have us craft a specific offer for your specific needs and wants (with no obligation whatsoever), click here now.
We'll show you exactly how we can help you, even if you have an agreement with a Realtor, since we do not represent you, nor are we trying to take their listing away from them. We act solely as Principals, and represent ourselves only. In doing so, this allows you to leverage our expertise without having to pay us a dime in commissions or even consulting fees.
We're only paid by the "end" tenant-buyer we bring (and that you approve of), and by them only.
It's the savvy investor way of getting 3 times the exposure to a given property and getting it sold within 7-14 days, without paying a dime in commissions.
- First, you immediately avoid the problem of your property not appraising in your current market
- Second, you can even get 10-20% higher-than-market-value for your home, because you're exchanging a higher price to your tenant-buyer for great terms that allow them to qualify for your property when they might not otherwise.
- Thirdly, because you're selling on a Lease-Option, it doesn't matter if you have zero equity, or even if you're slightly "upside down" and owe more than you're home is worth. That's because you are selling on terms and into the future - not in today's market.
Granted, there is much more to this, and how it is structured than what I've laid out in this blog, so please don't scream, "What??? That's not true!" or "My Realtor says you're full of it, Russ!"
Relax..
This is meant to be an "overview" (a simplification), not an exhaustive look at how to structure your unique situation, based on your specific needs and wants. However, if you'd like to learn more specifics, and even have us craft a specific offer for your specific needs and wants (with no obligation whatsoever), click here now.
We'll show you exactly how we can help you, even if you have an agreement with a Realtor, since we do not represent you, nor are we trying to take their listing away from them. We act solely as Principals, and represent ourselves only. In doing so, this allows you to leverage our expertise without having to pay us a dime in commissions or even consulting fees.
We're only paid by the "end" tenant-buyer we bring (and that you approve of), and by them only.
How We Can Help Your Realtor... to Help You...
Get Exactly What You Want When You Sell
(Even If You're Locked Into A Listing Agreement).
Get Exactly What You Want When You Sell
(Even If You're Locked Into A Listing Agreement).
If you and your Realtor are finding yourselves with a house that just won't sell, and you're both open to an alternative way to selling your home, click here now.
All we need to do is slightly modify your original agreement so that we can ensure you get your house sold, and your Realtor gets paid upfront v. waiting until the end of the lease term to get paid.
In the end, you will no longer have a second mortgage to pay for and your Realtor will be compensated for all of their hard work.
We will structure everything in a way that we get paid too, so everyone is happy. Feel free to have your real estate attorney involved every step of the way also, if that helps to put you at ease with this process.
We have nothing to hide and we've been doing this 100% online since 2009 without a problem whatsoever.
All we need to do is slightly modify your original agreement so that we can ensure you get your house sold, and your Realtor gets paid upfront v. waiting until the end of the lease term to get paid.
In the end, you will no longer have a second mortgage to pay for and your Realtor will be compensated for all of their hard work.
We will structure everything in a way that we get paid too, so everyone is happy. Feel free to have your real estate attorney involved every step of the way also, if that helps to put you at ease with this process.
We have nothing to hide and we've been doing this 100% online since 2009 without a problem whatsoever.