Are You Frustrated Your Home Has Not SOLD?

Are you a frustrated seller who has had your home on the market but it’s still not SOLD? We hear this time and time again from our home has not sold, it has been on the market so long, buyers aren’t viewing the property, my real estate agent doesn’t seem to be doing enough marketing, etc. Sound familiar? If so, you are not alone! I’m sure you’re wondering what the problem could be?
Let me ask you a very [harsh] but important question, does a buyer care what you owe on your home??? OF COURSE NOT! So, why are so many sellers setting the price of the home too high…because they have little or no equity! And, why are real estate agents letting sellers dictate the price? Sellers come to real estate agents because they are licensed professionals knowledgeable in their field, and most are! But, too many real estate agents let the sellers dictate to them what price to put on their home. They show them the comparables, the recent sales, the activity in the surrounding areas and make them feel all warm and fuzzy inside with the price and then very shortly you get the first (of a few) dreaded phone calls, a price adjustment needs to be made…followed by another phone call for an amounts of NO significance! YOUR HOME IS ONLY WORTH WHAT A BUYER IS WILLING TO PAY FOR IT and that is the absolute harsh reality! Your home may show fabulous, have all the finest appliances/upgrades, you spent a lot of money in doing this and expect to recoup it in the asking price…chances are, that’s not going to happen…unfortunately!
So, what is the answer to this problem?
The answer may be for you to consider a Lease Purchase (aka Rent To Own). A Lease Purchase is a lease combined with an option to purchase the property within a specified period, usually 3 years or less, at an agreed upon price! This form of creative, smart, modern real estate is booming right now! In what other way would you be able to receive a positive cash flow on your home, continue to build equity and move on to your next venture? There are a large market of buyers out there looking for this exact option and there are MANY advantages to home owners should you consider this route!