How To Sell Your House In A Recession
Posted by Tony Edward on Saturday, September 4, 2010

The housing market has taken a major beating during these tough economic times. It was reported that in July 2010 new home sales fell to it's lowest level in 47 years and existing home sales sank twice as much as expected. The drops coincided with the end of the $8,000 tax credit which had boosted sales in March and April 2010. The National Association of Realtors said these reports don't always tell the whole story. Sellers should focus on trends within their markets, homes in tip top shape sell faster so make the necessary upgrades. We have put together some tips on how to make your home stand out in order to get it sold.
1) Appearance - There are lots of things you can do to your home to make it more appealing to buyers that are interested in your home. Make all needed upgrades, fix any problems, and do some cosmetic touch ups.
2) Inspection - A seller with a home inspection may see a home sell quickly
3) Price - Probably the most important thing is to price your home realistically in the beginning, so that it draws buyers right away when it's on the market.
4) Patience - The key is for sellers to be patient in this market, don't let a buyer low ball you on your home. Analyst say home sales should pic by the end of 2010.