Can't sell your house? ... Swap it!

Friday, May 16, 2008
The large downturn in real estate is leaving a record number of homes on the market ... Some frustrated sellers are getting creative, using sites like onlinehousetrading.com to connect with other sellers who might agree to "swap" -- or buy one another's property.



While the idea of trading houses temporarily for vacations has long existed, permanent house swapping is a new trend ... and www.onlinehousetrading.com is one of six such launched sites. The sites do not complete the transactions, they simply play matchmaker, similar to the role of an online dating site by aggregating a large number of properties & analyzing their "swap criteria."



Finding the right match is one thing, but finalizing the transaction can be a bit complicated ... OnlineHouseTrading recommends both clients agree to use one title company & recognize the deal's not done "until everyone signs off."

Add to: AddThis Social Bookmark Button
Web 2.0Shopping AdviceLifestyleSmall Business

Add Your Comment: comment icon

New Users

Advertisement

DIY Television

Blogroll