How Often Does A 2 Month Old Need A Bath Need To Sell Your House Quick? Some Simple But Effective Strategies!

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Need To Sell Your House Quick? Some Simple But Effective Strategies!

There are many things you can do to sell your house quickly – you can do it the old-fashioned way and advertise in the local paper; you can put a “for sale” sign on your lawn or even on a billboard along the highway; then there is the digital era of advertising such as YouTube, Facebook, eBay and real estate portals. These days you can’t run out of ideas and ways to market a house for sale.

But how did it take a couple like the famous Jon and Kate Gosselin (plus their eight adorable children), stars of the hit reality TV show, 10 months to sell their starter home in Elizabethtown, PA?

A couple of publicity, good or bad, that’s for sure. They will never go away – in the tabloids, magazines, television and gossip blogs. Yet when they listed their house in March 2009, not without some fanfare, it sold for $325,000 (about £202,900), but after a lien, a divorce, a lawsuit between Jon and the network where their show airs, and on at least two price cuts, it finally sold for $258,000 (approx. £161,000).

That’s $22,000 (approx. £13,740) less than when they bought the 5-bedroom, 2 1/2-bathroom home in 2006. And that figure doesn’t include the additional losses they incurred fixing the house. But data from Zillow.com shows the Gosselins weren’t an isolated case in their town; in fact, home prices in Elizabethtown fell 3.6 percent from the previous year.

The same thing is happening in the UK. Real estate data company Hometrack recently released a report that suggests home prices have fallen for the fourth month in a row. So it seems that publicity, while still necessary when selling a home, can only go so far and there is no guarantee of an offer or sale. In this housing slump, one thing is most important – price.

You have to recognize that we are in a buyer’s market when it comes to the real estate market, which means there are more homes for sale than there are buyers. It doesn’t matter what you think your home is worth, you need to determine it based on market trends, recent comparable home sales in your area, and your current competition. It’s best if you can set your asking price a little lower than a home that’s comparable to yours.

If and when you accept the fact that you have to lower your asking price, you can take a step back and think about how you can save on other costs to minimize the loss while still selling the house quickly. One of the best options you have is to sell to a cash buyer.

Cash home buyers do not depend on mortgage lenders because they have the cash to make the purchase directly from the home owner. And since it’s a direct deal between buyer and seller, there’s no need for a real estate agent, which means you don’t have to pay a commission. They also buy homes in any condition, so you don’t have to bother building a home, which means more cash savings, less stress, and no wrinkles.

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