Selling a property is the most obvious way to make a profit from it. But it’s not the only way. You have a few alternatives and we will consider them in this stage. Occasionally an alternative disposition will be the plan from the beginning, but we admit that we have sometimes used these methods because we couldn’t get the property sold at our price. Knowing your options gives you a Plan B, increases your confidence, and reduces your stress.

Sometimes it makes sense to hang on to a property for a bit longer. You can earn income from it while watching market appreciation build your net worth. Occasionally you’ll have a home that you cannot profitably sell, so one of these strategies becomes a more viable option.