Selling a home can be tough these days. I've heard and read many stories about people who've taken their property off the market after months of not selling, giving up plans to relocate or downsize to a new home and retire.
It can be hard to stand out from the crowd as a homeseller when you're competing against so many other homeowners who are fighting for the attention of a limited pool of buyers in today's housing market slump.
Of course, one obvious way to move your home is to lower your asking price. But of course, that's tough to do, with home prices down at least 30 percent in a year's period in some places. (To see cities with the greatest and least price declines, read this blog post.)
Another way to snag the attention of homebuyers is to offer perks and financial incentives, which more homesellers are doing today, according to Cyberhomes Contributor G.M. Filisko. For instance, she's spoken to a couple who own two Hawaiian homes. The two are offering a bonus of $100,000 to anyone who can find a buyer for either of their homes. Filisko also found an agent who's made it possible for interested buyers to view his listing 24/7 with the use of webcams and Twitter updates.
For more on how perks and incentives can speed the sale of a home, read Filisko's story, "Need a Buyer? Try Extreme Home Selling" on Cyberhomes.—Lauren Baier Kim