Home Sellers Forum

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How long should we keep it off the market? Expand / Collapse
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Posted 8/8/2007 10:44:57 AM Post #1535
 

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Our house has been for sale for 10 very long months now, and we haven't received a single offer!

So we're thinking about taking it off the market for a little while, then re-listing it with the hopes of generating some new interest. My question is, though, how long do we need to pull it off the market before we can get a "new" listing? One month? 3 months? A year?

We are not in a position where we need to make the sale right away (thankfully!), but I'm worried about losing potential buyers while are house is not listed. Just on my street, there are at least 3 other houses for sale, and I don't want a buyer to go to another house in the neighborhood just because ours is no longer on the market.

Suggestions?

Posted 9/1/2007 10:26:02 PM Post #1601
 

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Hello Alex,

The reason why your house is not selling is because you are blocking people from buying your house. How are you creating a barrier? the answer is simple. The market for all cash buyer is small. So what can you do to blast away this barrier? Simple, use the 3 magic words "Owner Will Finance". Many sellers stop good buyers from purchasing their house. Many "FSBO" do not understand the benefits of "Owner Will Finance". So many "FSBO" are unaware that when they offer "Owner Will Finance". 

 They can :

  • Sell quickly using no agent
  • Get buyers to call them first
  • Get buyers competing for your house
  • Sell your house fast in good or bad markets
  • Get all cash at closing

try this AD " For Sale Owner Will finance".

The words "Will Finance" sends a motivating sales message to every home buyer. The buyer says, "this house can be bought fairly easily. There won't be lots of red tape".

Posted 12/3/2008 3:05:17 PM Post #2204
 

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just read your response and had a major question:

How can you get all the cash at closing if the owner is financing?

how does that work?

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