Wednesday, July 10, 2013

How to Successfully Market Your House

The housing market is not always booming, and it may take some work to even peak a home buyer’s interest so that they will attend a showing. This is why marketing your home to get the word out and generate interest in your property is so crucial. A successful marketing strategy will enable your home to sell faster and for more money.

But what does a great marketing strategy entail? Well, if you are not selling your property yourself, you need a real estate broker to handle all of your advertising for you. Some types of advertising are ineffective and turn out to be wastes of time and money. But luckily, some marketing tactics are extremely effective. Let’s look at some of them below.

Successful advertising techniques:

“For Sale” sign- A good, simple sign is singlehandedly one of the best ways you can advertise your home. The sign should have a phone number to call, a web site link, the company name of the broker and a phrase such as “by appointment only.” This is all you need to create an effective sign that will peak interest. Be sure to use a new, two-sided sign that makes a good first impression. And refrain from putting up the sign until you are absolutely certain you are selling.

Classified ads- Before the internet, classified ads were one of the most popular ways to gain home buyers’ interest. They are still a classic way to advertise. These ads are inexpensive and they reach many prospective buyers.

Listing statements- Also known as property statements, listing statements are data sheets that are given to interested buyers who tour your home. They contain more information than a classified ad, and a good listing statement will take people through your home and emphasize the special features room by room that they may not take note of otherwise.

The internet- Many brokers have web sites that they use for their listings. Classified ads on the internet mean that you will reach a great deal more potential buyers, especially since some people fully rely on the World Wide Web.

Open houses- An invaluable sales tool, open houses are great hands-on approaches to getting your property noticed. Buyers want to be enticed by sight and touch, and an open house can definitely help. There are two types of open houses: brokers’ opens and weekend open houses. Your listing agent should schedule both types for maximum effectiveness.

Multiple listing service (MLS)- Composed of local real estate brokers and agents who pool their listings, this service gives your home wide exposure to a host of buyers who work with other MLS members.

Word of mouth- You can’t beat this old-fashioned advertising technique that is powerful and free. Networking by telling everyone you know about your property for sale could pay off in the long run.
While you are focused on a marketing strategy for your home, it’s not too late to find out the value of the property you are selling. Check out a free home valuation report from Neighborhood IQ and find out thatmagic number!

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