The property web page is the core of
our marketing. The web if properly used can be
an invaluable tool for marketing your property. More
information can be made available to potential buyers such
as more photos, more detailed information, forms, maps,
disclosures and reports. Virtual home tours make the
property available for a Virtual Open House 24/7/365!!
Here are some statistics that you should be aware of
if you’re thinking about selling your home. According to a
survey conducted by the National Association of Realtors (NAR)
in 2003:
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The most widely cited real estate website used by
homebuyers was REALTOR.com.
-
The next most cited web site used by homebuyers
was the Multiple Listing Service (MLS).
-
78% of homebuyers who searched on the Internet
purchased their homes through real estate professionals.
-
Nearly 70% of all Internet-using home buyers
visited a home with a real estate agent as a result of
their use of a real estate website.
And, in 2003, for the first time ever, Internet advertising surpassed newspaper
advertising in real estate marketing. This means that on
average, it’s more likely that your buyer will find your
home by surfing the web than by using any other advertising
medium.
the sign goes up and the brochures and flyers are ready,
your property will be listed with the local MLS (Multiple
Listing Service). The MLS is a database of all the homes
listed by local real estate agents who are members of the
service, which is practically all of the local agents.
Important information about your property is listed here,
from general data such as square footage and number of
rooms, to such details as whether you have central air
conditioning or hard wood flooring. There should also be a
photos, and a short verbal description of what makes your
house "special."
Agents
search the database for homes that fit the price range and
needs of their clients. They pay special attention to homes
that have been recently placed on the market, which is one
reason you get a lot of attention when your house is first
listed. Many agents will want to preview the home before
they show it to their clients.
The main
point about having your house listed in the MLS is that you
expand your sales force by the number of local MLS members.
Instead of having just one agent working for you, now you
may have hundreds or more, depending on the size of your
community.
The
listing agent’s main job to make sure that the other MLS
members know about your house. This is accomplished through
listing your house in the Multiple Listing Service, broker
previews and advertising targeted toward other agents, as
well as internet homebuyers.
Showing the
House to Potential Home Buyers
Your
house should always be available for show, even though it
may occasionally be inconvenient for you. Let your listing
agent put a lock box in a convenient place, to make it easy
for other agents to show your home to homebuyers. Otherwise,
agents will have to schedule appointments, which is an
inconvenience. Most will just skip your home to show the
house of someone else who is more cooperative.
Most
agents will call and give you at least a couple of hours
notice before showing your property. If you refuse to let
them show it at that time, they will probably just skip your house.
Even if they come back another time, it will probably be
with different buyers and you may have just lost a chance to
sell your home.
Open Houses
An open
house when your property is first placed on the market can
be very important, but not for the reasons most homeowners
think. Just like with advertising, most visitors to open
houses rarely buy the house they come to look at. They may
not even know the price of your home when they stop by to
visit – they probably just followed an "Open House" sign to
your door.
An open
house performs a similar function to the neighborhood
announcements – it lets all of your neighbors know that your
house is for sale, and it practically invites them to come
"take a look." Being generally nosy, a lot of your neighbors
will take advantage of the invitation.
And they
may tell their friends about your house, creating more "word
of mouth" advertising.
Of
course, there are other reasons for holding open houses,
too. Listing agents who "farm" a particular neighborhood use
them as an opportunity to meet with other local homeowners
who will someday be selling their home. Your agent may hope
to list their homes in the future.
Open
houses held after your home has been on the market awhile do
not usually serve a useful purpose in selling your home.
Most of the neighbors already know your house is for sale
and open house visitors rarely buy the homes they visit.