Tag Archives: Home

Selling Your Home – FSBO – Is it Time For a Total Shock and Awe Marketing Campaign For Your Home?

In today’s over-crowded real estate market to pull out all the stops when creating a marketing campaign for your home. You need to use every marketing means available.

You need to overwhelm the market with information about your property. If you don’t your home is likely to get lost in the sea of other properties on the market. You might want professional help for planning out your campaign, or else do a lot of reading to get knowledgeable on real estate marketing.

The first thing you will learn is that there are literally dozens of places to advertise your home-for-sale website. You will also learn that many of them are free to use if you comply with the website terms.

The only cost to advertise on these sites is the time to register at the site and set up your property advertisement. It may be more efficient to hire somebody to do this for you because there is a learning curve in working with all these websites out there for you to advertise on.

The same is true for other places online you can list information about your property for sale. By this I mean social bookmarking sites, social networking sites, blogs, forums and directories. There are more of these than you think, i.e., dozens of each kind that are available to you.

Then there is the non-internet advertising media. There are more of these than you think too. People think there are only two newspapers in Maryland (in Baltimore and Annapolis) but there are actually 36. The same for magazines and free distribution “shopper” type papers for classified ads.

The thing you won’t want to do is blow a lot of your money on one or two expensive ads (like a display ad in the Washington Post, for example). Every dollar you spend has to be analyzed to give you the most “bang for the buck” in terms of exposure, readership, and traffic.

Paying an internet marketing consultant with expertise in real estate marketing will give you access to dozens of free (or very cheap) advertising vehicles, and this will cost less than some expensive ads can cost.

Internet marketing even allows you to set up “word of mouth” advertising campaigns, which can be the most effective. There are dozens of paid advertisement websites online also, including Google, which now gives local real estate search results.

Virtual Vs Actual Home Staging

More often than not, a home is a person’s single largest financial investment. As such, it is critical to find the best marketing strategies when selling a home. Staging is an important part of a real estate marketing plan, and should be considered in order to sell the home faster and for the most money. Realtors may suggest a staging consultation is needed for an occupied home, or recommend full staging services complete with rental furniture and accessories for all or key rooms in a vacant home. A virtual staging consultation saves time and money by discussing staging advice over the phone after analyzing real photos of a property by email. The use of virtual staging software may be a lower cost marketing tool for vacant homes, but may not be as effective as actual home staging. There are many differences between these types of staging strategies.

Virtual staging is the process of making computer renderings of an interior design concept from a digital photograph of a room to help potential buyers visualize a space. These renderings are often used by builders and investors in the marketing of new construction homes or rehab properties. The illustrations may be used to show flooring, cabinetry, finishes and other material options, especially during the pre-construction or development phase. The virtual photos may also indicate what a future home remodeling project could look like, and is useful to show decorating ideas to clients. However, actual staging for a vacant home, or model home staging for a new community, has proven to be most effective.

Professional home staging uses property styling techniques that appeal to the target buyer demographic to make a home look its best and stand out from the competition. With staging, furniture and accessories are brought in and artfully placed to highlight aspects of the home. Unlike virtual, actual staging helps to create an emotional connection with buyers and a welcoming feel that they will find attractive in the home.

Most people first browse real estate listings online when shopping for a home. The virtually staged pictures may spark initial interest online, but often appears misleading and ineffective when an empty home is viewed in person. The home may also require more updates than what is shown in the photo diminishing the home’s perceived value. Potential buyers visiting the home may still question the size of the space as well as furniture layout since there is no point of reference without actual furniture. Staging is effective when it romances the buyer in person. They need to fall in love with a home and develop an “at home” feel in order to decide that this is the home for them.

Real Estate Marketing: 3 Ways Realtors Can Brand A Home For Sale

Executing an effective marketing campaign for your listings can seem like a dreadful undertaking – specifically for newer agents – but it doesn’t have to be. You’ll likely find yourself asking, “How should I present this property to the public? How should I present myself?” The solution to this seemingly beleaguering problem is actually found in this simple answer: there are essentially three ways to brand any listing.

What exactly is a brand? For our purposes, we’ll define a brand as a design strategy associated with a product. The application of the brand to a product or service is called Branding or Brand Management. Through regular branding, the consumer is trained to remember & recognize your product by its direct association with your design scheme. A brand establishes a feeling for a product – a visual connotation of sorts – that is essential for effective marketing.

There are three ways to brand your listings:

1.) Utilize your company brand

A great benefit of hanging your license at a real estate firm is the ability to use its brand to your advantage. Depending on the company, the brand can be a powerful marketing tool because all of the Brand Management has been done for you through years of consistent presence in the market. Therefore, the general public is already familiar with that brand – even if they do not recognize your name – and you should use this to your every advantage. Sotheby’s International Realty, for example, caries such an impressive reputation that you can enjoy the brand’s benefits with little effort, allowing you to do what you do best – selling homes.

2.) Develop & use your personal brand

A second avenue for branding a listing is the creation of your own personal brand as a realtor. Many of the world’s top producers understand this. They have a consistent listing portfolio, they are known in their respective geographical areas & they advertise continuously to their spheres of influence. This is achieved through persistent Brand Management. An agent’s personal brand can be anything from a recognizable logo to a consistent color pattern to a unique type treatment – or any combination thereof. A smart brand integrates well with the brand of the broker. An agent’s personal brand should never clash with the company logo & should always be versatile.

How does this effectively brand a specific property? This approach communicates to the public that you are a consistent producer of not only sales volume, but of quality marketing. With your personal brand, you build the same level of trust with your clients & prospects as any mainstream commercial product, giving the public confidence in you as their realtor.

3.) Create a brand that is entirely unique to a specific property

We all know an exceptional property when we see one – perhaps it’s a well kept mid-century modern in the suburbs or an early 19th century Spanish architectural in the hills. These special properties deserve special marketing. A talented graphic designer or marketing team can tailor your specific campaign to reflect the soul of the property in its design scheme, creating marketing materials that reflect the personality of the home. This route not only wows your sellers, but signals to the public that the listing belongs in its own category & should be treated as such.

Now you’re ready to go!

Now that you’re familiar with the three ways to brand a listing, you can more easily structure your “plans of attack” when releasing your listings onto the market. Each of the three above methods can be blended together or used singularly as desired – just remember to keep your brands consistent & complimentary of one another.

And now it’s time to sit back & watch your listings fly off the shelves!

Tips to Market Your Home

Selling a home online is the simplest way for an owner to sell his home himself. Like in any kind of sale, online selling also warrants extensive marketing. Marketing techniques used to reach the target market help in the quick sale of the property.

Effective marketing techniques are those that make the deal seem lucrative to the buyer. Online facilities offer the seller a lot of flexibility for marketing the property. However, one should use these facilities to bring out the features of the property in an attractive manner.

Here are some useful tips for marketing a home:

1. Property portals allow the seller to post descriptions about the property. Generally, there is no limitation on the number of words that can be used. However, it is beneficial not to go overboard and write lengthy descriptions. You should write brief, precise description of the property. This is because the prospects lose interest in lengthy descriptions and may opt to read about a different property.

What should you include in the description of the house?

• Location of the house

• Number of bedrooms

• Number of bathrooms

• Square-foot area

• Highlights such as the type of flooring, if kitchen sinks are made of steel or any other features, etc.

• You should also highlight if public transportation system is close-by.

• It is also beneficial to mention nearby malls, schools, etc.

The description should be worded such that the seekers can easily find relevant information.

2. You can post a number of pictures on the website. You should take care to capture attractive images with a proper lighting of the home. You could also consider home-staging before taking the photographs. Photographs should be taken from vantage points so as to make the home look spacious.

3. Online listing offers you the opportunity to post a virtual tour of the property. This enables the seeker to get a fair idea about the house. Before you record the video you should ensure that the home looks attractive. For this, it is essential to de-clutter and organise the house. Home-staging also helps in enhancing the appeal of the home.

4. Although the trend is for buyers to search properties online, it helps to advertise in the newspaper also.

5. You can also distribute e-flyers.

6. You can put up ‘Home for Sale’ boards in your yard.

7. You can send direct mails to neighbours, agents of buyers and to buyers in other locations.

Though not exhaustive these are some useful pointers which help in marketing a property effectively. In addition to these, you can use your creativity to market your home. Effective marketing will enable you to sell your property without an agent. This will help you in enhancing your gains.