- Emotional appeal. Make sure
your home looks, feels and smells its best. You're competing with
900 to 1,200 other homes for sale. Buyers buy on emotion… let your
home be the cleanest, freshest and cheeriest, and you'll have a much
faster sale… at a higher price.
- Read my "How To Show Your Home"
flyer very carefully. If your home is logically a good value,
but a buyer doesn't feel warm and emotionally attracted to the home,
it will not sell. Buyers buy on emotion, not logic. You'll want lots
of people to say or think, "Wow! This is nice! I would like to live
here!"
- Lots of light. For maximum
effect, turn every light on, even on a sunny day. Open all window
shades. Clean your draperies and curtains. Make sure your windows
are spotlessly clean. Let the sun in and keep those lights on.
Leaving all your lights on for two hours costs only 23 cents, and
makes your home look larger and more spacious.
- Weekly open houses. You
can't expect to sell a house quickly at the top price unless you get
lots of buyers inside to see it. There are more than 1,000 homes
competing with yours for attention. Your home must be exposed to
buyers regularly and repeatedly to get a fast sale at the full
price. Weekly home showings are the key to the success of my Hotline
Tour of Homes, giving my clients fast, full-priced sales.
- Constant exposure. Your
home won't sell unless buyers know about it. To get top dollar, be
sure to have your home repeatedly exposed to qualified, ready-to-buy
buyers. Some brokers charge you a discount commission, then don't
advertise your home. This is a mistake. The $500 or $1,000 you save
in commission is more than offset by a sale price of $4,000 or
$10,000 less than what you would have received if your home had been
properly marketed. Remember, buyers can't know about your home
unless you or your buyer has a marketing plan to ensure that your
home is brought to the attention of home buyers.
- Non-traditional advertising.
83% of buyers looking for a home in the $80,000 to $140,000 price
range are first-time home buyers. Many first-time home buyers don't
even know they can afford a home. They don't know that owning a home
costs less than renting. They think that they need 20% for a down
payment, plus closing costs!
If your home is in the first-time homebuyer price range, a
substantial portion of your marketing dollars should be aimed
directly at first-time homebuyers. This means advertising and
marketing in areas other than the "Homes for Sale" classifieds or
Sunday Open Houses in the Grand Rapids Press.
- Education. First-time
homebuyers are more likely to pay top dollar for your home. If your
home is in the first-time homebuyer price range, make sure that your
marketing program shows first-time buyers the benefits of home
ownership and how affordable your home is. Design a marketing plan
to get first-time home buyers to see the inside of your home.
- Multiple signs. Many home
buyers don't even see traditional "for sale" signs, because they
aren't actively thinking of buying. They often don't realize that
they can afford a much nicer home. The strategy of an additional
sign in the yard shatters the "advertising protection armor" that
every consumer wears. Ten years of testing by U.S. Home and Realty
in Grand Rapids, Michigan has proven that a second bright-yellow
sign, hand-lettered, will result in more inquiries, more showings, a
quicker sale, and a 3% to 5% higher price for your home.
- Aggressive Target Marketing.
Lots of buyers will buy your home for less than it's worth. The
secret in getting top dollar is to find a buyer who is perfectly
"matched" to your home. Right now, there are at least ten buyers who
would love to own your home, can afford it, and would pay a fair
asking price… if only they knew about it! Some of these buyers may
not even be thinking of buying yet, but if they knew about your home
would love it! It takes a lot more than just a sign in the yard and
an ad in the paper to market a home effectively. Aggressive target
marketing will find those buyers!
- Create urgency. The Rule of
Full Price states that if a buyer feels the asking price is fair,
and has sufficient sense of urgency, he will pay the full asking
price. Example: My weekly showings of my listings to more than one
buyer at a time creates a feeling of urgency. Prospective buyers
feel an "auction effect" because of other buyers showing interest in
your home at the same time. I have found that the more buyers I can
show your home to at the very same time, the higher the feeling of
urgency. The auction effect causes people to become more excited and
enthused about your home, thereby creating a sense of competition
and urgency which results in full price sales for 96.5% of my
clients.
A note from Jerry Johnson:
I am not a salesperson, I am a marketer
of homes.
As a free service, I am happy to
prepare a Marketing Plan for your home. This Marketing Plan comes
to you free of charge, and without obligation. I'll show you the most
cost-effective places to advertise. I'll show you how to slash your ad
costs, while at the same time tripling your ad response. I'll actually
prepare ads for you that cost very little to run, and obtain results far
out of proportion to anything else you could try.
This Marketing Plan is yours to use
even if you sell your home yourself or list with another broker. It
comes with "no strings attached" and absolutely no selling.
Why do I do this? Because I've found
that helping people like you market their homes for no obligation brings
me even more business. When I help you, you will tell your friends and
associates about me. That brings more business to me than I could ever
attain by "selling." It's all part of my personal philosophy of helping,
rather than selling. I believe (and have experienced) that the more
people I help, the more business that comes my way.
So, please, feel free to call me
without any commitment or obligation. You can call me 24-hours a day at
651.779.2411 or email to
Jerry@JerryJohnson.com.
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