Marketing your Property to Sell
Promoting your property is an essential part of achieving a successful sale. LJ Hooker are experts at marketing properties to achieve outstanding sales results. Our secret to success is making BEST use of the multitude of tools we have available to showcase your listing and present it to market.
Methods such as internet, signboard, local marketing and newspaper advertising all play an important role in spreading the word about your property and garnering healthy competition among buyers.
Each of these avenues comes with a cost that must be factored into your overall advertising budget. You will generally be required to pay a commission to your real estate agent on top of advertising fees. This is due to the fact that when a real estate agent undertakes the task of selling your property, it brings expertise, negotiation skills and advice that can significantly contribute to a higher selling price and complement the marketing efforts.
The importance of a marketing plan
Marketing is a considerable expense, therefore it is important to get it right from the start. Your LJ Hooker agent will prepare a marketing plan in conjunction with the vendor to ensure maximum exposure for the property in the market to ensure it reaches the largest number of buyers. The best plans combine a mix of different media such as internet sites, signboard, print advertisements, social and search advertising and letter box drops to name a few channels.
It has been proven that Print + Online = More Exposure = More Buyers = More Competition = Higher Prices.
What ways can I market my property to sell?
LJ Hooker offers our vendors a multitude of ways to promote their property to reach the most amount of people, to generate as many leads as possible and to achieve the highest sales price.
Professional Photography & Copywriting
Great marketing is all about using maximum exposure to capture people’s attention and interest in a property. In most cases the first thing a buyer will see is an image of the listing, therefore the best way to grab someone’s attention is to use a professional photographer who is focused on capturing the best features of a property. With 70% of buyers likely to see your property online, making sure you have high quality, accurate images of the property will help your property stand out from the crowd.
Getting the copy right means using a good copywriter who can write engaging and accurate text that focuses on the property's features, along with the potential lifestyle benefits. Good copywriting will evoke imagination and aspiration and connect with buyers. This text along with a floor plan drawn to scale will appear right across your property marketing material so getting it right is important.
Street side signboards are the cornerstone of property marketing. They enable you to showcase the features of the property and are one of the best ways to capture local buyers who may not be actively seeking a new property but are willing to purchase when the right property appears.
Advertising on Real Estate Portals
70% of people are likely to first see a property for sale on the internet * (research by PMA) therefore it is critical that this is part of your marketing campaign. Websites such as realestate.com.au, domain.com.au and ljhooker.com.au
are the first port of call for many buyers, as it is by far the most efficient way to view all properties for sale in the one place.
Buyers can register their details with these sites and new listings matching their criteria will instantly be sent to their inbox. Sellers can therefore be assured that the right buyers are being instantly directed to their property.
Social networking sites such as Facebook also have an important place in the real estate arena. They provide an incredible platform to reach a mass audience. Most websites are affiliated with social networking sites.
Without any additional expense all listings sent to ljhooker.com.au can be automatically displayed on a number of high profile, highly successful domestic and international property portals and websites.
- Current as of March 1 2016
Whilst the internet has undoubtedly grown as a location for potential buyers, newspapers still remain a key media placement. Not all buyers are online. Active buyers will most likely see a property online, however there are a significant number of passive buyers also in the market who didn’t know they were looking until they found it or who were adopting a wait and see approach to buying. This market is often best reached in print where they will take their time browsing a publication at their leisure.
In addition, because the real estate section of the national papers has articles on market conditions, tips for buyers and sellers plus detailed lists of recent sales and auction results, buyers are drawn to the property lift out also as a research resource. Your property’s advertisement will also benefit from the increased readership.
So, the ritual of reading the Saturday real estate lift-out with your morning coffee is far from over. While there may be an online movement, it really pays to use both the internet and print media in your marketing plan, particularly for sellers having an auction who need to attract the greatest amount of buyers in the shortest amount of time.
Additionally LJ Hooker produces property brochures and drop cards that showcase the property. It includes photos and description of the property and agent contact information. These are the ultimate take away at open for inspections, they are used in the real estate agent’s office window and as letter box drops to reach the local audience.
Style Your Home to Sell
Styling your home to sell is an important element to a successful sale according to 98% of LJ Hooker agents. Home styling can be decluttering, cleaning and de-personalizing the home, rearranging the existing furnishings and accessories through to employing a professional home stylist who will remove the majority of the existing belongings and refurnish / decorate the space with hired items.
Property styling your home will boost final sales price from 7.5% to 12.5% according to a survey of the top agents in LJ Hooker. With 87% surveyed agents believing you will earn a higher price by property styling. To find out what you should do in each room of your home download our Styling to Sell eBook.