Tips To Attract More Offers For Your Property

By
Real Estate Agent with Real State Company

Attracting potential homebuyers is the first step towards selling your property. Hence, the need to take appropriate steps to spread the word about your property.

 

Many factors may come to play when determining whether your property will be on the market for just a couple of weeks or even months. Any seller who sells within a couple of days or weeks doesn’t do so out of luck, but by good research and the right strategies.

 

Follow these simple guide if you want to sell your house fast in Arizona or Michigan, or anywhere in the world:

 

  1. Make your House Visible

 

When you want your property to attract more offers from buyers, you should make sure it has sufficient exposure to the market.

 

Basically, you have to publish your listing on the Multiple Listing Service (MLS) and other major real estate platforms. Classifieds also give you a place to announce your home’s availability.

 

However, these aren’t the only ways you can market your property. The following ideas can also get your more views:

 

 Social Media: Social Media has become an excellent solution for many problems nowadays. There is a greater reach and a bigger audience to show your property.

For example, Facebook groups and pages give you an audience with younger buyers. Also, you can use Snap Listings on Snapchat and Instagram. As a tip, upload quality images to appeal to the viewers.

 

   Email Lists: Do not underestimate the power of email lists. Thus, send your property to your contact list regularly. You can also get local realtor contacts from MLS and add them to your email base. To increase the click rate, make sure that the subject line is relevant and exciting.

 

Host Open Houses: Open Houses are essential when you want to sell your house. This enables potential buyers to view your property and experience the space physically. Whenever you hold one, your listing pops up on all online portals and gets your property’s attention.

 

If you are a real estate investor, you can go a step further and have a dedicated website for your property.

 

1- Priced Competitively

 

Since the real estate market is competitive, pricing your property well is vital. When your price is too high, you risk scaring off potential buyers. On the other hand, when the price is too low, the buyer might negotiate more, and you’ll end up with significantly less than you targeted.

 

To come up with a competitive price in the market, you can speak to at least three real estate agents before deciding on a price. Take note that you might get unrealistic valuations, so be careful not to get flattered or greedy. Do not settle for the highest price, too. Ask yourself what sounds reasonable.

 

Remember, houses that attract many offers are sold in an action-like nature. The starting price tends to be significantly lower than the final selling price. The low starting price grabs the attention of many prospective clients looking for a real estate deal.

 

2- Consider Some Renovations

 

It would be best if you made some basic improvements on your property before listing to increase the chances of making an excellent first impression. You don’t have to remodel your kitchen or bathroom entirely.

 

The following simple property improvements can make a huge difference in increasing your buyer offers:

 

  •         Replace carpets and refinish your floors.
  •         Apply a fresh coat of paint on both the inside and outside.
  •         Replace outdated lighting fixtures
  •          Clean every corner of the house thoroughly.
  •         Declutter the house.
  •         Fix the windows, doors, faucets and taps, and air conditioning.
  •         To give your property a curb appeal, improve the yard and driveway.

 

3- Make a Limited Time Offer

 

You can make your listing more mouth-watering by including a limited time offer – buyers can buy your property at a discount if they act quickly.

 

Everybody loves a good deal. Buyers will be motivated to make offers quickly if the offer ends soon. As an example, you could offer to pay the buyer’s mortgage interest rate for a few years or pay insurance and taxes for a year.

 

Key Takeaways

 

Receiving multiple offers for your property is not as difficult as many people are made to believe. It would help if you made sure that many potential buyers see your house. Publish it on classifieds, listings, and social media.

 

Research thoroughly to make sure you’ve not overpriced or underpriced. Do some renovations to improve the general look and appeal. Hire the right real estate agent and make a limited time offer on your property.

 

The more offers you get, the higher your chances of closing the deal.

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Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Danish. Not a fan of the discount offerings but like your line of thinking. Enjoy your day!

Jun 02, 2020 04:15 AM #1
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Rainer
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Danish Mehmood

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