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Tuesday, May 29, 2012

How REALTORS® Can Help You Market Your Home

How REALTORS® Can Help You Market Your Home

Selling can entail a variety of marketing strategies. REALTORS® can assist in marketing your home to potential buyers in several ways:

Preparation: Before being placed on the market, homes must be in "show" condition. REALTORS® can explain what repairs and upgrades are required and that are most likely to produce the best results and give the best return on investment.

Pricing: REALTORS® do more than price homes for sale, they also construct sale terms designed to hasten the selling process. It may be, for example, that a home priced at $150,000 with a 2 percent off to the buyer for a quick closing. Or at full price with 90 days closing. In some cases, Buyers need more time on closing becuase they have to sell their homes.  

Marketing: REALTORS® will execute strategies and programs to get the home sold. Typically this includes placement on the local MLS and real estate Web sites, as well as related marketing, advertising and networking. Open houses, office tours, agent access to the home via the use of a lock box and networking with local agents are also common.
Much of an agent’s work will be quiet and unseen - yet important. The telephone calls, the work with contacts, the follow-ups with open-house visitors, conversations with ad respondents, the Web postings and other outreach efforts are all part of the process required to sell homes.

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