Can't sell your house? Try making an offer


The normal process for selling a house goes like this: The seller puts the home on the market, the buyer makes an offer, the seller counters, the buyer counters, the seller accepts, and an agreement is reached.

But with homes taking forever to move in many markets, some aggressive sellers are taking the unusual step of presenting prospective buyers with the first offer. Jim Buchta reports that "Reverse purchase agreements -- unsolicited offers that get written by sellers for prospective buyers -- are rare in today's market, but agents say that the strategy could be the next weapon in the ongoing battle to get prospective home buyers to take notice."