How to Send Your Listings to the Top- By: Leticia Carvalho
With the foreclosure crisis still wreaking havoc to the housing and mortgage industry, distressed homeowners are left with the choice of selling their homes or losing it to foreclosure. But the problem lies in the tough competition in the market. It is indeed difficult to propel distressed properties on the top of listings – unless, you shell out some money.
If you are not familiar with listings services, you should probably know that there are ways that can help you put your listings on top. Again, this will cost you. But on the upside, you will surely attract more buyers and increase your chances of stopping foreclosure.
Members Only – there are real estate portals that will not accept your listings if you are not a member. They are like country clubs and attract serious buyers.
Featured Placement – enjoy the attention that this will bring to your listing. Basically, your listing will appear in the form of an ad.
Priority Placement – as the name implies, this will put your listing on top all the time even if the user is browsing the database by price.
Bold Placement – this will make your listing stand out. You can choose from different flags, features and colors.
If you want, you can choose a different theme for each portal or a combination of two or more. Just keep in mind that it will cost you anywhere from $10 to $40 per portal. Of course, considering that this will help you attract more buyers, it will surely be worth spending your money on.
Selling your home is just one of the ways you can explore to avoid foreclosure. You can still try speaking with your lender regarding a possible loan modification agreement or even a short sale transaction. Aside from these options, you can also explore a Deed in Lieu of Foreclosure.
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Leticia Carvalho has been educated in the finer points of the foreclosure market over 5 years.