10 Steps to Selling Your Home in a Scary Market

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If you can't compete with the price due to foreclosures than you have to make a choice. 1. Wait out the market and do not list your home. or 2. Lower your price to compete with the other
homes on the market. You want to be in the top three in a given price range.
If you have owned your home for around 5 years or have significate equity built up you might want to consider refinancing at a lower interest rate.
Good luck in a challenging time.

Leelanau and Benzie Real Estate.com of MI 9:38AM January 21, 2009

Please accept a kind word of thanks for your article. You took initiative, shared some commonly acceptable viewpoints to help property owners sell their homes. You rightly should be commended. Anyone, as we all know, may be critical of others and their efforts, but mostly the "anyone's" never do anything unless they are critical.
Consideration should now be given by "everyone" to help encourage each other and become a true "neighbor" to those of us who, not by our wisdom or choice, also are given the same gift of life. See, wealth is in the number of friends we make in this life, not in things.
Remember, many have given ultimate sacrifice of their lives for us to enjoy even the simple priviledge to state, in our own words, our thoughts on your original help and marketing in the field of real estate. The now famous quote "Let's Roll" attributed to those who gave their lives when their plane went down in a Pennsylvania field attempting to save themselves and others in this country on September 11, 2001 is still of value to "everyone" and their children today. It exemplified leadership in action. We should act in like manner. Freeddom is up to each of us as individuals and collectively as "One Nation Under God".
Thank you for being a "someone" who acts and is not complacent. Leaders teach others to be leaders also. We need each other. Let's support each other.
Jim Robinson
http://www.advertisingalabama.com

Jim Robinson of AL 7:57PM January 02, 2009

I can appreciate all the tips presented here but Price should be at the top of the list. If the home is Over Priced the above tips won't matter too much as there won't be anyone to look at it!
I recommend all my sellers get an appraisal up front and then we list at or just below the appraised price! This way I am not the bearer of Bad News. When was the last time you talked to a seller and they said great-your price is $50k less than what we wanted?
Price,Price,Price...then location and the rest....

Rick Goates of CA 5:57PM January 02, 2009

How do you balance the asking price and the selling price. I find sometimes that properties are not showing because the price the sellers are asking is way higher than what is selling especially if the location has bank owned properties. What do you tell the sellers to do in that case. How do you get them to list with you and be competitive.
www.maryngati.com

Mary Ngati of FL 9:19AM November 18, 2008