They Trade In Autos, Don't They?

Many home builders with large inventories of new construction are considering setting up trade-in agreements with people who must sell their current residence before they can buy . The builder buys the customers’ existing house and sells them one of their new ones. This saves the buyer from having to find a buyer for their home in a slow market, and builders have a crew on hand to do makeovers on the old houses to increase the market value and salability.