How do I get the word out to bring in an offer fast?
Once you have selected an agent and worked out a price, it is time for your agent to go to work and market your condominium. Ripco Real Estate agents are trained to understand the unique wants and needs of a condominium buyer and will develop a targeted marketing campaign, unique to your property to bring in an offer fast.
The methods your agent uses to get the word out will vary. Some of the standard awareness tactics are listed below:
The MLS (Multiple Listing Service): : The MLS is the primary way in which agents find what property is for sale in an area. The MLS is regional real estate database that list every property for sale by an agent in the area. Brokers pay to become members of their local MLS and a listing posted by a member is immediately available to all other members. Your listing also becomes available on any Internet site which pulls information from the MLS.
Advertising: Advertising your home can take several forms – the internet, classified or print advertising or direct mail. Each of these methods has different levels of effectiveness. Trust your agent regarding what is the best method for building interest in your condominium.
Internet: The Internet is a highly effective way to connect with potential buyers. Approx. 89% of all on-line buyers begin their home search online and purchase a home twice as fast as buyers who are not on the Internet.
To leverage this market, Ripco Real Estate employs the latest in Internet technology, including search engine optimization and online advertising, to get the greatest number of potential buyers for your listing. Our approach yields qualified buyers faster and more efficiently than the competition.
Open houses: – Another way to raise interest in your condominium is through an open house. Typically there are two types of open houses
General (general public): This is when you open your house to the general public and all sorts of people walk through the door – many are curious while others are truly interested. Most are held during the weekend for about 3 – 5 hours in the afternoon. Most building association, have rules around open houses. Be sure to check with your association or building manager prior to scheduling yours.
Broker (for brokers and agents): – this is when you open up your home to a “caravan” of brokers and agents to look at your property and get a better sense of what it has to offer their buyers. A broker’s caravan is a highly effective method to reach a wide group of potential buyers. Most are held during the week for about 3 – 5 hours in the morning.