CHAPTER 2 Options for Expired Homes
First of all, I just want to say that I’m sorry you’re in this position. I know it’s a stressful, frustrating, and confusing thing! But please remember you have options about what to do next. The next chapter will look at reasons your home may not have sold, but I’ll say right here that one reason could be your real estate agent. That’s why the first option to consider is getting another agent. I and many other agents out there specialize in selling expired homes, which is exactly what you need. I highly recommend doing some research to find someone specially qualified to help you with your particular situation. Now, if you’re still in your home and don’t have to move, you could always take your home off the market and stay in the house. Considering you were trying to sell your home, I know this isn’t what you want, but it may be the best option for now. It certainly doesn’t have to be for forever, but it’ll give you time to reconsider your options, think about getting a new agent, do some updates, and more. You can also consider renting out your home. One option would be to take it off the market, move out, and rent the whole place our for an extended period of time. Another option would be to keep it on the market but rent it through Airbnb or another similar form of short-term rental. You could continue to live in the house and just rent a room; or, if you’ve got a place to stay, you can rent out the entire home. Just remember that some places don’t allow rentals or Airbnb, so be sure to do your research before deciding on this option.
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