Selling a house can be challenging if there are a lot of other homes on the market at the same time. Problems such as repair issues, animal odors, and clutter are simple to resolve with a little work. However, if all your best efforts fail to generate interest in your home, you can employ one of the following creative selling strategies.
Hold a Raffle
Raffles are appealing to prospective buyers for several reasons. For the cost of a relatively inexpensive ticket, buyers can own a house without the hassle of qualifying for a mortgage. Many buyers can afford to purchase several tickets and increase their chances of winning even more. As the seller, you can set the price of the tickets for $50, $100, $500, or any amount you would like.
In theory, you can sell a home in any price range by working with a raffle organization. In reality, however, your raffle will attract the most interest if the house is average in size and price. Prospective buyers must consider whether they can afford the taxes and insurance on the house, and these factors will either dissuade them or encourage them to purchase a ticket.
Some states prohibit gambling in any form, and in these states, a raffle is also out of the question. Before proceeding with a raffle, be sure to contact a real estate attorney to determine the legality of the concept.
Build a Dedicated Website for Your Home
It is one thing for a real estate agent, such as ReMax Professionals, to provide an online listing in the Multiple Listing Service, but it is another thing entirely for you to build a stand-alone website for your home. An agent will usually include several photographs of the interior and exterior of your home. However with your own website, you can showcase as many pictures as you want.
An agent might even include a virtual tour on the MLS, but your website can include a virtual tour that offers commentary in each room. You can point out less-than-obvious features that prospective buyers might miss if they watch a silent tour.
Hire an Auction Company
Another unique method of selling a house is to list it on one of the online auction sites. On the other hand, many homeowners prefer to hire an auction company that specializes in home sales.
You first need to do a little homework to learn the value of your house. You can do this by hiring a real estate appraiser. You should also find out the recent selling prices of other homes of similar size in your neighborhood. The selling prices of homes are part of the public record, and you can obtain a list of these records from your city government offices. Once you determine the value of your house, you can set the minimum selling price that you are willing to accept from the auction.
If you use one of these inventive methods of selling a home, you won't have to worry about generating interest in the house. Above all, you need to work with a real estate attorney to make sure that every step of the selling process is handled legally.Share