One question to ask yourself is... Do you want to be a landlord?
Sounds like you wanted to just be out of it and be done. If that's the case, hanging on to it and hoping the market will turn in couple/few years might just be more of a burden if you don't want to become a landlord.
Were you looking to make money when you had it listed? Or did you have it really priced to sell? I always ask my sellers if they want to "sell" their home or just list it. There is a difference.
If you want to get it off your hands ASAP, make connections with some real estate investors. Find your local real estate investors club in your area and make some negotiations. Or find a good agent to market your home.
If you decide to get renters, you can still list your home for sale as an investment property. An investor may buy it and be happy that it's already rented!
Hope this provides some insight.
Richard |