Selling Your Home in a Tough Market Illinois

When the housing market takes a turn for the worst, it may leave you wondering how you'll ever sell your home. Here you will find tips on what to do in atough market so you can get your house sold without losing your shirt.

Local Companies

James W. Klopfenstein & Associates, Inc.
(309) 673-9111
320 E. Jackson
Peoria, IL
Suburban Village Realty
(847) 337-9236
Barrington, IL
RE/MAX Market
708-254-5815
8728 S. Archer Ave
Willow Springs, IL
RE/MAX Signature North
(847) 863-5295
5135 N Ravenswood
Chicago, IL
Flat Fee MLS
847.543.7822
921 cambridge drive
grayslake, IL
Rent Smart Chicago
(773) 275-2700
5650 N Broadway
Chicago, IL
A Plus Home & bUILDING iNSPECTIONS, iNC.
815-941-2345
749 E. Washington St.
Morris, IL
Prudent Home Inspection
618 334 5785
PO Box
Bethalto, IL
A Plus Home & Building Inspections
(815) 941-2345
749 E. Washington
Morris, IL
Simply Staged Inc.
815-979-3027
Home Stager - Rockford IL
Byron, IL

Do It This Way and You'll Succeed

Often times, trying to sell a house today has become as difficult as trying to dump a gas guzzling Chevy Suburban in a four bucks a gallon gas market. And it doesn't have to be.

As I have for most mornings for the past forty-three years, I check our multiple listing service (MLS) to see which houses have sold and which ones have seen their Realtor listing expire without a sale. Some that sold were on the market for just a few days. Some that didn't sat there untouched for six months, a year, and sometimes even longer.

I look at the expired listings and often feel my head shaking in sorrow for the owner and disbelief for the agent. It doesn't seem to occur to either of them that no one has the magic power to get a prospect to buy what doesn't appeal to him. And when you've had, say, twenty people look at your house without a sale, or you have no people looking at all, more often than not it's a direct result of the marketing.

But frequently, both the owner and the agent hold pat, figuring that someone will come along and mold themselves so as to accept the seller and agent's Pied Piper's tune. Maybe that happens from time to time, but why gamble that it's going to happen for you?

If I were listing your home for sale in today's market, here's what I'd insist you do:

  1. Price the home within the lower quadrant of those it will be competing against. None of this, "We can always come down" business.
  2. Have the home professionally staged by a home stager with a good reputation; and I'd go so far as to say to include their service of bringing in additional pieces of furniture, curtains, vases and what-nots that they recommend....

Click here to read the rest of the article at HowToDoThings.com

Author: William S. Cherry, Ph.D.

Featured Local Company

James W. Klopfenstein & Associates, Inc.

3096739111
320 E. Jackson
Peoria, IL

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Related Local Event
REIT School: Analyst Training in Real Estate Securities
Dates: 6/24/2009 - 6/24/2009
Location: Hyatt Regency O'Hare
Rosemont, IL
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