Saturday, 16 May 2009

How To Sell Your House In a Down Economy

By Terry Choport

If you are one of the ones trying to sell a house in 2009, you can't expect a lot of buyers to come through your door. All you can do is make the deal as favorable to a buyer as you can and cross your fingers. If you think about it, how to sell a house in a bad economy is not much different than selling a house in a good one. It just means you have to work harder doing the same things you might have done in good times.

It is true that in a good economy the buyers might come to you but that is not always the case. Even in good times you would probably have to do the usual things like fix up the house, advertise it, and make it as appealing as possible for any potential sale. Right now, you just have to do a lot more of those types of things.

You have to treat selling your house as a job now that the economy is so bad and work extra hard to get the word out about the availability of your house. One of the ways you can do that is to try to sell it online. When you try to sell a house online, you need to look no further than Ebay and Craigslist. These are two different services and should be used in different ways.

Craigslist can be used as free way to publicise that your house is for sale. It can beused for advertising and getting people to come to your house. It has become a very popular site as of late and is a great way to get some free exposure. If you want to actually sell your house online though, Ebay is the place to go. If you put your house up for sale there it might actually get sold.

Other than Ebay and Craigslist, you should use every avenue available to you to get the word out about your house that is for sale. This should include putting ads in newspapers, on the grocery store bulletin boards, and any other place you can think of that will accept ads. You should do your best to network with friends, hold open houses, get the best real estate agent, and put for sale signs up. Just a short time ago, you cold have left this all up to your real estate agent but now in this recession, you need to working hard on your end as well to get that house sold.

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