6 million houses were sold in the US last year.
Seeing that stat, you might assume that selling a house is easy.
But don’t be fooled. There’s no certainty in real estate! The sales process doesn’t always go to plan. In fact, some people have their home on the market for months without any luck.
Got a house that just won’t budge?
Keep reading to learn 5 tips on how to get rid of a house that won’t sell.
1. Postpone the Sale
Sometimes it’s okay to throw up your hands and accept defeat.
Through no fault of your own, the house just isn’t selling! The timing might not be right. As frustrating as it can feel, one basic option at your disposal is just to wait it out.
At the end of the day, sometimes the market just isn’t conducive to seller interests. Postponing the sale until a warmer market might the answer to the problem.
2. Offer a Rent to Own Option
Renting to own is a great solution for wary buyers.
Committing to buying a house is a big deal and significant financial investment. Understandably, many buyers hesitate about handing over the cash.
Sweeten the deal with a rent to own option. Here, prospective buyers have the chance to rent your property first, with the offer of buying it for a specified price at the end of the lease.
3. Get a New Realtor
Not all real estate agents are created equal.
Sometimes, changing your agent can make a world of difference. The new realtor may have more experience, better contacts, and/or just generally be more adept at their job.
If your current realtor isn’t proving effective, then consider getting a new one.
4. Slash the Price
You won’t want to do this.
However, anyone who’s desperate to sell their house always has the option of slashing the asking price. You might have set the price too high anyway- especially if you’re trying to sell the home without realtor support.
There’s nothing like a bargain to attract a buyer. You’re sure to win more interest by pricing yourself lower than other sellers on the market.
5. Sell to a Cash Buyer
Finally, think about selling your house for cash.
We’ve all seen the ‘we buy houses with all cash’ posters and adverts around the place. Contacting a cash buyer is one sure-fire way to speed the process along.
After all, they can pay in cash, which means no slow-coach banks are involved.
The downside is that you won’t get as much money for your property. Cash buyers understand that some people want to sell quickly. They offer that outcome in return for a steep discount.
Exactly How to Get Rid of a House That Won’t Sell
Selling a house isn’t always easy!
For many people, it’s one long and stressful process. When the property has been on the market for months with no luck, it can feel like a never-ending battle to find a buyer.
Hopefully, this post has highlighted how to get rid of a house that won’t sell.
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