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Real Estate Matchmakers PDF Print E-mail
Written by Karrie Rose   

Recently, another Short Hills home owner looking to down size from her six-bedroom Victorian home, had heard about Ms. Bigos matchmaking skills and requested she add the option of swapping homes to her ad description.

The idea is definitely catching on all throughout the nation. Many large agencies are considering creating formal home swapping campaigns as part of their promotion. On the internet, look for sites such as OnLineHouseTrading.com or Pad4Pad.com offering online home matchmaking services. Just outside of Orlando one family had to sell their home and relocate to Atlanta due to a job change. After being listed for months, with no luck, they joined one such site and was matched with a couple who had similar needs. A few months later, they signed the contracts and switched houses.

Similar to a dating service, prospective buyers and sellers sign up, providing information about the type of home, such as price range, number of bedrooms, lot size, preferred city or neighborhood. The members browse the information looking for a suitable match.

Working out the final sales details can be a bit of a challenge since you aren't always dealing with two homes priced exactly alike. Overall, it gives sellers who may have been forced to sell below market value, another option for selling their home. Sometimes deals are made using a combination of different types of property. Once customer who had a large Tudor home worth almost $3 million was looking to downsize. He considered a match with someone who had a smaller home plus a vacation home and maybe a car thrown in.

The bottom line is, there are plenty of homes out there wanting to be sold, and plenty of buyers wanting to pay for them, they just need a little help finding each other.  Karrie Rose
 

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