NEW MARKETING APPROACH
My house has been up for sale for the last eleven months. I’ve had people come and look at it, quite a few actually, but not a single bid. My realtor suggested that we lower the price by about fifteen percent to generate some more interest. I told him that he was crazy, if I sold the house at fifteen percent below what I was asking I’d still owe the bank money after I paid his fee and the closing costs. As a last effort I called in an REO management firm for a consultation. The firm sent a representative to meet with me at no charge; he appraised my home, evaluated my neighborhood and explained all of his findings and the subsequent options. He told me to fire my realtor, suggested a new one, and then explained in detail the new marketing approach he had come up with to sell my house. Within a week of adopting the new plan I already had bids on the house, above the original asking price and all I had done was make a few minor repairs that cost me virtually nothing. Now I’ve got his firm looking for a house for me in the neighborhood where I want to live, they have an office in that area and he said finding something to suit my needs within my budget shouldn’t be a problem at all.