Sell Your Home for a Dollar?

Would you sell your home for a dollar?

How about $100?

The pendulous real estate market is still swinging to the favor of the buyer...

...so sellers are becoming creative.

A Toronto man has decided to sell his home for $1.

Of course he's not going to accept offers in that price range... he's just hoping to receive as much word of mouth as possible.

He has created a buzz... here's his quote to CBC News, "basically to see whether or not we can get an offer and something reasonable, letting the market determine … what the value of this house is." 

A Maryland couple decided to raffle their home... each entry cost $100. The house sold... the winning ticket landed a home and extra cash for the buyer.

News items like these are fun... however, they are isolated. There are buyers trying these and other remedies. They tend not to work with this degree of success.

The best way to sell a home is to:

1. Have it priced correctly.
2. Make it presentable.
3. Market it well.