Difficulties in selling a home in today’s shaky economic climate have caused some homeowners to think outside of the box and into the past
Rather than offering incentives, such as plasma TVs, some homeowners are going back to the way business was done in the olden days, when bartering was an everyday occurrence, and have put their homes up for “swap.”
“Basically, it’s reciprocal selling — you buy mine, I buy yours. Two homeowners buy each other’s houses / Assets.
As this approach only works if the perfect match is made, OnlineHouseTrading is designed much like a dating service: Each party enters both their own home’s criteria and that of what they are looking for, and OnlineHouseTrading provides them with the potential matches with whom to swap their homes.
Right now, there are a lot of sellers that want to be buyers, but they can’t sell. The likelihood of selling is slim to none — there’s too much competition with short sales, foreclosures.
The house-trading approach can work for nearly anyone, as it’s possible to move up or down in size and price, or even trade to another city or state.
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