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Selling a home in a slow market
Ken Wetherell
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6-25-2007 1:53 PM
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real estate
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/ead411c4-cb53-4277-b59c-dc008a93bf34/803084EE-77E6-4BAE-923C-057107BC789A/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://online.wsj.com/article/SB118254814506845235.html?mod=googlenews_wsj" href="http://online.wsj.com/article/SB118254814506845235.html?mod=googlenews_wsj" style="font-size: 11px;">online.wsj.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://online.wsj.com/article/SB118254814506845235.html?mod=googlenews_wsj"><DIV id="win_content"> <SPAN class="boldPumpkinSixteen">Homes</SPAN> <DIV class="p13"> <I>Selling a Home in a Slow Market</I> </DIV> <P class="p12">Existing-home sales fell 0.3% in May from the previous month. The level is the lowest in nearly four years. (See related <A href="http://online.wsj.com/article/SB118277925445347058.html?mod=home_whats_news_us" target="_blank"><B>story.</B></A>)</p> <P class="p12">WHAT TO DO: In a slow market, it's imperative to price a home correctly. Use <A href="http://www.realestatejournal.com/toolkit/homevalues/" target="_blank"><B>RealEstateJournal.com</B></A> and <A href="http://housefront.com/" target="_blank"><B>HouseFront.com</B></A> to research price ranges in your area and set a price at the lower <A href="http://podcast.mktw.net/wsj/audio/20070521/pod-wsjhome/pod-wsjhome.mp3" target="_blank"><B>end.</B></A> Get estimates of your property's value at sites <A href="http://cyberhomes.com/default.aspx?AspxAutoDetectCookieSupport=1&bhcp=1" target="_blank"><B>Cyberhomes.com</B></A> and <A href="http://neighboroo.com/" target="_blank"><B>Neighboroo.com</B></A>. <A href="http://propertyshark.com/mason/" target="_blank"><B>PropertyShark.com</B></A> offers pricing estimates per square foot. Take these assessments with a grain of salt -- as this <A href="http://online.wsj.com/article/SB117142055516708035.html" target="_blank"><B>article</B></A> points out, they're not 100% accurate. Check information posted about your home on sites like <A href="http://www.zillow.com/" target="_blank"><B>Zillow.com</B></A> and <A href="http://www.realestateabc.com/" target="_blank"><B>RealEstateABC.com</B></A> and fix any <A href="http://www.realestatejournal.com/buysell/tactics/20070425-kim.html" target="_blank"><B>inaccuracies.</B></A> Consider cost-effective home renovations to enhance your property's curb <A href="http://link.brightcove.com/services/link/bcpid86195573/bctid282520090" target="_blank"><B>appeal</B></A>. Make your online real-estate <A href="http://www.realestatejournal.com/buysell/tactics/20070425-hodges.html" target="_blank"><B>listing</B></A> and <A href="http://www.realestatejournal.com/buysell/tactics/20070425-mattioli.html" target="_blank"><B>photos</B></A> as appealing as possible. If you get a lowball bid on your home, submit a <A href="http://podcast.mktw.net/wsj/audio/20070430/pod-wsjhome/pod-wsjhome.mp3" target="_blank"><B>counteroffer.</B></A> --<I>Lauren Baier Kim,</I><A href="http://online.wsj.com/article/lauren.kim@wsj.com" target="_blank"></A> <I>6/25/07</I> </p> </DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/803084EE-77E6-4BAE-923C-057107BC789A/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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