Topic: are you have Strategy How to sell my house fast? - page 3. (Read 962 times)

I don't rented it yet, because my house is still didn't renovation it yet, still original from the developer, there is no kitchen yet and there has been no improvement at all since i bought it. Maybe because of that condition I have difficult to sell it fast and another economic condition of my country.

My house location is not far away from the main road. It takes only 5 minutes to walk to the busway station. but maybe because my house positioned on the lowlands, so that situation the buyer think get floods when heavy rain.

Yes, I did, I've already loan it for 10 years before halving 2020, I take the profit on 2021 and redeem my house. The problem is I only get a few money when loan it. The profit is not maximal than I sold it.

Follow whatever your mind tells you to do seeing everyone have their different investment plan and it turns out yours is different from mine, there’s no point giving advice if op should sell or not because he knows better. Like I mentioned earlier people observe the location first before buying a house why? Seeing how people home get destroy due to flood, Water damage etc, secondly the environment and design also depends. If op tried different online market platform why not try to see a realtor in your locality, they’re always good when it comes to handling such issue but people get attracted by beauty before going for anything.

I don't think it's a good idea to sell your house fast cause you want to buy Bitcoin and accumulate for bull run, it's possibly not advisable to do such at the detriment of something you ain't sure of right now cause you know how possibly the market is right now and BTC could increase or not but it's not a necessity that you should sell your house at this moment.And what I really think should be of help right now is leasing the house and then you can get some amount that you can use in purchase of Bitcoin but if you end up selling it now your left with nothing if it's the only asset you have and if Bitcoin bullish season comes and you don't get profits as well it's a total loss, so in such situations it's to think twice so you don't make a lifetime mistakes and regrets. And if the house it's the only thing you have now to generate money for that you shouldn't try that but if it isn't you should sell and get the capital you need for the purchase of Bitcoin.

I think no it isn't that risky because he said this was only his other house, which means he still have another. We are also talking about BTC here and this is not a scam investment, so even if the plan didn't go well as expected, he will still have something and then if he didn't liquidate his BTC, there is still a chance for recovery. I think he didn't say that he will buy another house but he said that he will switch his investment here. So even if he end up profiting, he might still stick here. That is still a good decision though. He didn't doubt BTC but he have a full optimism about it. BTC is not new and there are lots of testimonies and evidences about it already that it was legit and profitable for those who didn't believe it up until now.

First of all, if you want to market your house on Bitcointalk.org maybe you should try and visit the service board, there might be an interested buyer there.
However, I don't think selling a landed property to invest in Bitcoin is a good idea. Why because with time the value of the landed property will increase to a higher amount.
Exactly mate, taking a loan with a house collateral is easy, mostly if the property is in a well developed area.

In my country, if you don't see a buyer for the house, you can take a loan from the bank and then use the house as a collateral but I believe the loan amount you get is just an equivalent of what you house is worth. So, if you can't find buyer, just lease it out for a maximum number of years, then use the money to invest into Bitcoin or you can use it as a collateral to get a loan.

Since it not just the only house you have, you can lease it out for 5 years or more.

Yes, it is necessary to specifically about the location, place, house that needs to be done first like that, so that it is clear, and I am sure everything will run as it should, by think with broad insight, bitcoin investment is the best way for now, that is what needs to be implemented that I see potential for the future better.

Is your house not rented? if you have already analyzed it and you think that it's better to put that money from that house into bitcoin, you know better about yourself and location.

I think that one factor is Indonesia is composed of too many islands and that's probably why. And upon doing it, you made me remember about Didi who has sold his family's house and live all along with that bitcoin money from successfully selling it.

You can flip it for Bitcoin if that's the best idea that you have realized. But just as said, list it on real estate listings that can help you sell it but they'll put an amount on top of your selling price for their commission.

I thought as much, because he didn't even post pictures from of the house and also he didn't mention the specific area where the house is situated maybe people from Indonesia would likely have interest to buy the house from him. However, I was suggesting that he can likely make same topic in their local board since the subject matter is periodically situated at indonesia. People from that region would find it interested to have buy the house, and again if there were any means to buy bitcoin then I think now is the right time to start the whole process before bitcoin start it bull run fully by next year comes 2025 which many people has projected that bitcoin gonna hit the unimaginable.

Yes, I am really sure about my step. I just compared between them in the past. When I calculated it, investing to bitcoin is more profitable than investing in a house, I don't know it on another country, but on Indonesia, house price movements is not better than bitcoin, therefore I am very confident to switch investment. Also, My location house is not very strategic in the town. even if it is sold and all in that money to bitcoin, maybe I can think to buy a new house with the strategic location. Of course after bitcoin bullrun, and sure if it happen I will buy a new house which better than my old house.

Sure everyone has their own decisions about investment and no matter the opinion you give to them they will still do what is in their mind. But since he said he has another house I see nothing bad in selling the one he sees as a liability in form of asset, had it been the house is productive by renting it out it would have been better so if he decides to sell it to buy valuable asset like Bitcoin is not bad but let it be that he has a long term targets. Except he want to sell the house to buy other cryptocurrency that's where I will not support.
       I was also thinking what could be the problem why he couldn't sell the house even after reducing the price, maybe the house might be in an underdeveloped area or in a bad location because he only mentioned Indonesia but was not specific about the exact location of the house.

I hope the house is upto standard, in safe location and close to the town or in the town, there is no way you will have a well maintain house and in good condition without buyer, probably the asking price is high. So try and consider the price again if it's worth it, if people are really living around there then there must be someone interested in that house. For sure someone will be there as house appreciate in such kind of country that you live.

However, do you have an assurance with step you are trying to make? I don't know the next move of Bitcoin neither do you but we all optimistic about it but what if the we never bull run next year and you sold your house to buy Bitcoin, you will be stock with Bitcoin investment with unrealized profit and your house might be worth something later. All I'm saying is perhaps you should reconsider your capital for buying Bitcoin, look for other alternatives and leave the house as one of your asset.

In my country, houses are sold faster with the help of real estate agents. They have contacts of lots clients, locating a potential buyer would not be a problem to them. I do not know how home sales works in your country, those in your country should be able to recommend ways you can sell your house faster.

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Your decision to sell your house to buy bitcoins is a very risky one. You do not need to put yourself under any form of pressure to buy bitcoins. Considering the risky nature of bitcoin investment, you have to think thoroughly about your decision and decide if you are in for a long-term journey or a short term one. But it will highly be in your favour if you prepare your mind for a long term journey.  This is so you do not get emotional if after investing, the price of bitcoin begins to go down, contrary to what you expected.

Sincerely I do respects everyone's decisions in term of investment but what I don't interfering is to provide solution for someone to entirely sell of their properties for investment. Since most times when the investment goes the other way wrong they wouldn't have me as talking means where I was a cause of someone selling their properties to go investment to something that would sink their investment so easily. But that notwithstanding to say your house in a bad location that is why there is no buyer and no is even thinking of buy or interested of buy your house.

You're desperate obviously that's why you created this thread.

Did you try finding a real estate agent already that would help you sell your house? I'm not that knowledgeable when it comes to real estate particularly buying and selling houses but having an agent might help you as well. I believe one reason why your house isn't sold yet is the location. No one wants to live on the location your house is. Try different ways to sell your house. I mean there are many ways if you will just make an online research. As for me, buying Bitcoin right now is a good thing, but do you think that things will go your way as soon as you bought Bitcoin? Don't you need that house anymore? What if things didn't go your way? Do you have a Plan B? I know you're desperate because you think that in 2025, we will enter the bull run like many are expecting, but what if... just what if it didn't happen?

Try to lower the price of your house every few months. Location might be a problem, and I would suggest that you need an expert with this one that would help you. Good luck in selling your house.

Buying as much Bitcoin as possible is a good idea but I think I draw the line at selling your home to buy Bitcoin. Bitcoin should definitely be one of, if not, the main asset in your portfolio but you need somewhere to live so if you are a home owner, don’t sell it for Bitcoin. Don’t take unnecessary risks, yes buy Bitcoin as often as possible but not at the expense of your family security.

Selling a house is not an easy matter, usually the process takes longer than selling gold or other assets, because a house is a long-term asset and the interest also depends on the location of the house, even in strategic places there are still many houses that are not sold, due to economic factors or other reasons. Especially in Indonesia, I understand how the economy in our country is currently quite difficult, people's purchasing power is declining, people tend to hold back from buying property assets because of the economic projections that will be difficult in the future.
So my suggestion, if you intend to sell your property faster, try hiring a marketing agent, there should be one in your city, or if there is no other way you can lower the price, even though it is the last option.

Honestly I am going to give you advice you might not like. But this is with experience of having many friends who had trouble selling their real estate. If you put it on the market and you dont get a single viewing in a week or two. Your price is simple way too high. Sure there was times of the year like during Christmas or doing some cold season like in Canada where the market is dead but most of the time the house should get viewings and offers.

If you arent getting any viewings or offers. Your price is simple way too high. Too many of my friends are like "I paid $400K for my house and I dont want to take a loss by selling less than $400K" even though similar houses in their area are selling for $350K or less. Sure you can list a house like this and many realtors will be happy to list it, but it wont sell.

People wont overpay unless there is low supply and even then if there was less supply, nobody will overpay by $50K when they can get the same house accross the street for less. If its not selling then you need to reduce the price.

Sometimes a house is difficult to sell because you set a selling price that is not appropriate and right for its location. Because the location will also determine the selling price, so you must understand that location is important because many prospective buyers want to have a house with an affordable budget. So, if you set the price too high, this could be one of the reasons you have difficulty getting serious prospective buyers. It must be remembered that to sell a house, the first thing to consider is the price because the price that matches the location will be a consideration for buyers.

So you must be able to determine the ideal price for the location, it's a good idea to also check the market price of houses close to your house. Because of course the location factor and ease of access to the highway, near the city or other public access with those far from public access will greatly affect the price of the house. After determining the right selling price, your house must also be in good condition after that you can consult with a property agent because of course they have more complete market data and have a wide network of prospective buyers.

If you fail to promote on Facebook or other social media, maybe the photos you display are less attractive. Try to take good quality photos of your house, you should take clear and attractive photos of your house to show every corner of the house.
By the way, I salute your courage to sell your house to invest in bitcoin, I think you also know the risks and I hope you get bigger profits after selling your house and investing in bitcoin.

Very realistically, OP doesn't need to change strategy or spend more money on advertising. Because the reason he couldn't sell the house was because the price he offered was too high compared to the actual value as well as the difference compared to the general situation of the real estate market there. I also believe that if he priced his house a little lower than market value. He will definitely sell that house very quickly but the question is whether he is willing to do it.

As ginsan said above: it's clear that the price OP offered is too high compared to the general level in indonesia but he doesn't want to accept this.