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Have you ever heard the phrase, Buyers buy with Emotions? It works with clothing, shoes, furniture and yes, real estate too. The more I researched about Consumers Buying styles, the more I realize that there is such a huge industry for this: Lifestyle Marketing. Many large research and consumer profiling companies have large data for why consumers do what they do. It is a very interesting eye-opening experience for me.

Lifestyles are expressions of consumer's needs and wants through demographic patterns and purchasing behaviors.

Lifestyle Marketing is understanding what the consumers' needs and wants are by offering products and services to suit their lifestyles.

Lifestyle Marketing works

So, how does this relate to our industry? Lifestyle marketing connects us - the real estate industry providers to their clients based on invoking their emotions that they have to do something.

It starts with the senses. Sight. With the power of Internet, buyers often "visit" the house long before they step foot into the property. Hence, the importance of outstanding photography and virtual medias.
Words. This is where we can put our English lessons into good use. Remember, adjectives? Correctly describing the property is also key to bringing more buyers in. A 4 bedroom, 2 bath, 2 car garage house does not necessarily say anything much about the house except its "features". Quiet neighborhood, treed-lined street, heavily-treed creek lot appropriately describeds what a buyer could expect. Sight again. Curb appeal. Nothing like some annual colors in the flowerbed welcomes your buyer better. While I have showed a fully-landscaped backyard to a buyer and he feels that there is too much work in maintaining that garden, other buyers may like the Italian-style secret garden. Again, it appeals to a buyer's emotion. Smell. Have you ever walk into a house that just re-heated their spicy food? Wow, that is empowering. Not in a very good way. How about incense? I cannot tell you how much that bothers alot of buyers than to attract them. Again, lifestyle marketing.

Sell the house to your largest audience. De-plain the house. Understand what your buyers will be looking for. Some houses will normally attract first-time homebuyers. So, remove grandma's couch and the oldstyle wallpaper. Understand your end when you start at the beginning. That is most of the time the correct way to win when listing a house.

 
This post has been included in Texas Real Estate News Collin County, TX Real Estate News Frisco, TX Real Estate News
Post is included in group: Frisco Texas Real Estate
Post is included in group: REALTOR LIFE
Post is included in group: Realtors®
Post is included in group: Selling Soulfully

9 Comments on Sell the Lifestyle in your Frisco TX Home

JUN
01
2007
656,378 Points 93 Featured Posts Outside Blog
Lareena... we buy the sizzle, not the steak. Love this post for many reasons. Bookmarked for later reference in a post I am already working on. 
6:54pm • #1

Hi Loreena, Great post and right on the nose.

Lynette

8:11pm • #2

Hi Loreena,

Great post, you hit the nail on the head!

11:31pm • #3
JUN
05
2007
1,049,235 Points 177 Featured Posts Outside Blog Attended Rain Camp Called Shot Master
It dawned on me just very recently..... I wish I saw this sooner. Buyers all buy for emotional reasons so we must cater to their needs and wants. I think knowing this subtle difference will give any salesperson an edge.
4:50pm • #4
JUN
11
2007

Loreena, i just stopped by because of a link from Jeff Turner.  I am glad I followed because I missed this earlier.  Well done post...it's so important to determine your target, and "paint" a picture to appeal to your target.  Thanks for this terrific post, and thanks to Jeff for pointing it out!

5:02pm • #5
873,240 Points 35 Featured Posts Localism Sponsor Outside Blog
Loreena, terrific post.  I believe people buy everything with emotion and a home is not different.  It's wonderful that you pointed out things that DON'T work when trying to sell a home--like odors.  Thanks for the great post.
5:34pm • #6
JUN
15
2007
133,890 Points 18 Featured Posts Localism Sponsor
Absolutely right.  The car salesmen got it WAY before we did!  Thanks for sharing Loreena!
6:34pm • #7
SEP
03
2007
597,261 Points 45 Featured Posts Outside Blog

Loreena - yes, it's about lifestyle. Many luxury home marketing pieces are all about the lifestyle with very little about the house.

"Sell the house to your largest audience"? Not necessarily. Sometimes you want to market it only to that niche who will really want to buy it.

8:30am • #8

Great Post, I love the line about thinking about the end before you start.  Very poetic!  

Becky

9:50am • #9

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Loreena Yeo, Realtor®| Frisco TX Community Ambassador (214)783-2210

Frisco, TX

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