question for RE agents?

Question

hey im new in the business and i have 2 houses right now and i have them on MLS , my question is, is the only way i can sell these houses faster is by doing open houses and MLS? is theer anything else i can do, i feel so unproductive cuz idk what to do if there isnt a open house and i dont want the clients to feel im not working for them..

Answer 1

you should find a broker to work for that will give you guidance and trainging. You have to advertise, put the listing in the paper, harmon homes, pennysaver. By doing so, you will also get buyers to work with, expanding your client base.

Answer 2

You RARELY sell a house by holding an open house. You hold an open house to get more buyer clients.

Try listing them on Craigslist. It's free and you might end up with a few more leads.

If the average DOM in your area is 100+ days as it is where I am, the only things that cause homes to sell quickly are lower prices. You can advertise in the paper, put ads in real estate magazines, mail postcards to everyone in your database, all the usual things that unfortunately cost lots of money.

If the house is vacant try having it staged. Buyers love seeing staged homes and if the seller is willing to pay for it (or if you are if you negotiated a high enough commission) it might be worth it.

Good luck!

Answer 3

There are lots of ways to market a property:
-Advertise to neighbors: often they know someone who might like to move to the area, plus you may get another listing!
-Advertise in the paper: lots of buyers look for properties here
-Advertise on your website or upgrade an ad on another website like Realtor.com: The majority of buyers begin their search on the internet
-Advertise to fellow Realtors: These folks have the buyers!!! Mention it at office meetings, flyer on a bulletin board, flyers in their mailboxes, etc.
(Seeing a trend yet?)
Lastly, make sure you are calling everyone who shows or previews the home and ask for feedback, particularly about price and condition. There may be things that are easily remedied, like a neon-green paint job that your sellers can do to help it sell quicker or for more money, or you may find out your are grossly overpriced. Be prepared to show your sellers the true market value of their home, and don't chicken out when you ask for a price reduction, if it is justified.
If average time on market in your area is 6 months, and it's been on the market 6 weeks, its time for a reality check (not a paycheck!). Do some or all of the above, and give it time.

Answer 4

U should find a broker to work for that will give you guidance and trainging. You have to advertise, put the listing in the paper, harmon homes, pennysaver. By doing so, you will also get buyers to work with, expanding your client base.

Answer 5

Hey, that's MARKETING!

I would suggest trying to FIND a buyer who might WANT the houses you have, rather than waiting for a squirrel to come to find your nut.

Maybe you make something UNIQUE about the house you are selling. If it's a fancy house, throw in a FREE CAR!. If it's not so fancy, throw in something little. Seller has to agree to this, though.

Maybe you find a buyer who only likes PINK interiors. Put the house under contract, then paint it pink!

Answer 6

Have your clients lower the price to where buyers see a value and watch what happens.

Answer 7

Back to Basics! Go back to your basic marketing techniques and find what is best for you. Advertise in the local paper. Market with flyer's etc...Do what it states in your contract you will do, MARKET, MARKET, MARKET. Speak with your Broker, let he or she know you wish to market these homes in other ways. He or she will have the best advice for you and possibly even some free or low cost ideas :)

Good Luck!

Answer 8

Pay all the closing cost.