How To Attract Qualified Buyers
You Have Only 3 Ways to Attract Buyers…
For Sale Sign
Classified Advertising
Hold Open Houses
You must get maximum benefits from these
3 sources. Your sign must be highly
visible, the exterior of the house
should be very attractive and your ads
must be well written and appeal to the
proper market. As you know, advertising
is very EXPENSIVE and you don't want to
waste money.
You Must Give Out Your Address
Upon reaching the property, the buyer
may be "turned off" and merely drive on,
or worse, he/she may come early, or
never show up for the appointment. To
help combat this, when you're not using
an agent, make sure you allude to the
fact that the interior benefits may
considerably outweigh the negative first
impression of the exterior.
When You're Not Home
One of the reasons professional agents
make a good living is that they try to
always make themselves available.
However, if this is not possible for the
owner, then I have found that having a
tape recording on their home answering
machine explaining all the details of
the home has been very helpful.
Also, a mailbox attached to the For Sale
sign out front with property flyers in
it is also an excellent way to
disseminate information. Always make
sure the mailbox has a supply of flyers
in it.
However, the best advice is to try to
have someone available at all times so
that the potential buyer does not go on
to another property and NEVER return.
CONTINUE . . .
Classified Advertising
There are many ways of merchandising
your home; newspaper advertising is just
one. Contrary to what most people think,
newspaper advertising is not a major
source for buyers. Newspaper's
advertising goal is to make the phone
ring.
Always include the area of town, the
price, number of bedrooms and baths.
These are the most important
considerations for the buyer.
What Kind of Buyers Do You Attract?
INVESTORS…
People who know what they are doing.
They are interested in saving the
commission.
FIRST TIME BUYERS
They usually have an agent representing
them.
It would be my suggestion to cooperate
with these buyer's agents, because most
first-time buyers will NOT make a move
without their agent's advice.
MOVE-UP BUYERS
They will be your best lead.
They are usually familiar with the
neighborhood and since they have gone
through the purchasing process already,
they have the knowledge necessary not to
be afraid of the process. One draw back,
however, is that being familiar with the
neighborhood, they may be looking for a
BARGAIN or have a house to sell first.