Real Estate & Real Estate Investing
There have been a lot of changes in the past few years as far as the real estate market is concerned. In today’s real estate market, many of the old techniques that investors and property owners used are now obsolete or quickly losing their appeal to buyers. Understanding today’s market trends is critical to getting the most bang for your buck when it comes to profiting from real estate listings.
Take Your Property Online
Did you know that 90% of home buyers will look at your property online before they ever contact a realtor? This isn’t just a random statistic either. The National Association of Realtors conducted a survey of home buyers to get that number. What does this mean for you? If you’re trying to sell a home or property in today’s real estate market, then having a powerful online presence is very important. Make certain that your realtor has a website that features in-depth property descriptions with detailed information about your property as well as numerous, quality photographs of your property.
Open Multiple Lines Of Communication
Many potential home buyers are now busier than ever before and prefer to view properties online. Because of this, you will want to have many different forms of contact available to them.
Make certain that either you or your realtor are taking advantage of different contact methods. Things such as phone, email, and mail are essential but also look into online social networks and text messaging in order to attract younger buyers.
Set The Stage To Sell
Home staging is a fairly new practice for home sellers. Many realtors have used the old-school trick of baking cookies prior to and during an open house in order to make potential buyers feel more at home. Home stagers take this to an entirely new level. Contracting a professional home stager is one of the best ways to get higher purchase prices in today’s real estate market. They offer specialized services designed to help your property sell for as much as possible by creating an optimal environment for the people who would be the most likely to be interested in it.
For example, a home stager may look at a one-bedroom flat and optimize the decor, furniture, and photos to appeal more to young single individuals and couples. That same stager would take a two-bedroom rural home and set it up to be more appealing to a couple wanting to retire.
By taking the time to search out the best realtors and home stagers in your area, you can assure more money for your property than you thought possible in today’s real estate market. There is still money to be made for property owners and investors if they’re willing to adapt to the new changes in the marketplace.