Property Management Blog

I can’t sell my house, what should I do?

Ironclad Property Management - Friday, March 10, 2023

If you are unable to sell your house, there are several options you can consider:

  • Rent it out: If you are unable to sell your property, you can consider renting it out. This can provide a steady income stream and help cover your mortgage payments.
  • Lower the price: If your house has been on the market for a while without any offers, it may be priced too high. Lowering the price may make it more attractive to potential buyers.
  • Improve the property: Make necessary repairs and upgrade the property to make it more appealing to potential buyers. This can include painting, landscaping, and updating appliances or fixtures.
  • Stage it: Hiring a professional home stager can help make your property look more attractive to potential buyers.
  • Market it differently: You can also try marketing your property through different channels, such as social media, online classifieds, or real estate agents.
  • Consider a Lease with Option to buy: This option allows a tenant to rent the property for a certain period of time, with the option to purchase it at a later date. This can be a win-win for both the landlord and tenant, as it allows the tenant to move in without committing to a purchase right away.

Seek professional help: If you are struggling to sell your property, it may be helpful to seek the advice of a real estate agent or professional property manager. They can provide you with valuable insights and help you navigate the current market. It's worth noting that it's not always easy to sell a property, and sometimes it may take longer than expected. Be patient and consider all the options before making a decision.