Special offer
Scott Westfall, INVEST IN REAL ESTATE CONFIDENTLY (CGP Real Estate Consulting | Broadsight Realty)

Spam prevention
Ambassador
6,392,899
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Every time I put a listing on fb it brings in tons of buyers.

May 20, 2020 05:05 PM
Rainmaker
1,844,171
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Have to price it right. After so many showings, price reduction. If the seller is on your back they need to see a psychiatrist, we're in a pandemic. They are lucky to get any showings. Any push on that & I'd cut them loose.

How are your photos?

May 20, 2020 03:01 PM
Rainmaker
2,781,013
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Money talks the loudest...

May 20, 2020 02:11 PM
Ambassador
3,125,265
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

Give it a little more time and then drop the price! Refresh and repeat...

May 20, 2020 12:59 PM
Rainmaker
1,197,022
Peter Mohylsky, Beach Expert
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

Market the neighborhood and to the neighbors and the house will get activity.  Market to area realtors to help educate them on this particular neighborhood.  

Why does this neighborhood have longer days on market?

May 20, 2020 01:24 PM
Rainmaker
1,196,588
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

How is your social media presence? AND how is the pricing? It may need to be adjusted

May 21, 2020 06:33 AM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I do not just want traffic, i want potential buyers. I target the most potential buyers through ads, marketing, signage and social media. 

May 21, 2020 05:41 AM
Rainmaker
556,536
Greg Cremia
Shore Realty of the Outer Banks - Nags Head, NC

High end homes do not get as much traffic as lower end homes. Statically speaking, there are fewer high end incomes than there are lower end incomes, so naturally there are fewer high end buyers. You are only looking for that one buyer, not traffic.

May 21, 2020 04:19 AM
Rainmaker
2,240,954
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Not just physical showing. Adjust price...crank up better images...more photos. Add more carefully crafted narrative...shoot video..on property and area. Add plat map...floorplan and provide more than every other agent or broker. There is always a market. Turn up the marketing not pull back.

May 20, 2020 07:05 PM
Rainmaker
1,543,235
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

Our MLS has publicly stated DOM is not applicable during COVID. So don't trip out over DOM right now. But who is the most likely buyer: demographic of that buyer should be directly marketed to and then unleash the Kraken!

Canvass the neighborhood and the neighborhoods, etc. where that demographic is currently living and go with marketing, social media posts, blog, direct mail post cards, video, 3-D Matterport, etc. 

 

May 20, 2020 07:04 PM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

'Know to have longer than average market times."

It is interesting that agents and consumers believe there exist any statistics comparable to today's reality.

The first thing you MUST do is get a REAL measure on today's market. How many ACTIVE buyers are there? Home many for that area? How many for that community? How many for the attributes of that house? How many active at that price point? WHERE are the houses at the price point selling? Why?  Now do exactly the same for SOLDS. 

Does a disconnect exist between what is selling and this house?

Now you have something to talk about.
Next assess if your level one and level two showing are 10 times the sales. If yes you have done your job marketing, the sellers are rejecting the value. If no, you need to do a better job.

Time is ALWAYS the outcome of price. If you wait long enough everything will sell. Assess what the reasonable outcome will be of this situation then identify where the money lives. If the seller is unreasonable, look for YOUR money somewhere else. An activity where you have more control.

Now we come to your question.....drive more traffic, but capitalizing on that traffic is equally important. You may have every intention of hosting an open house that has no purpose. Don't do that.

If you want traffic today, and actual traffic is LAWFUL in your location, this is the PERFECT time to launch a collaborative marketing initiative.  Collaboration with the right partner (not a lender, maybe a title company, but preferably a local business, charity, interest group or NGO).

If the seller REALLY wants to sell, do a TOM and prepare for a big event with your collaboration partner, where the owner has EMPOWERED you to sell that house. Right now that is not the case.

If you are not empowered to sell the home understand you should chose on of the other four purposes that ARE NOT 'sell this house.'

Boom! DONE.

 

May 20, 2020 02:28 PM
Ambassador
3,344,906
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I've not experienced issues with a lack of showings or getting a listing sold. That said, my market in Silicon Valley is different than most markets. The average sale is over $1M.  Even tear down properties are in high demand and multiple offers. 
Consider the pandemic.  If seller is antsy a price reduction may help. 

May 21, 2020 08:00 AM
Ambassador
5,229,328
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!
  • Virtual open houses
  • Upload a live virtual tour to your YouTube account
  • Post different ads of your listing on all of your social media networks
  • Post on all of the available online syndicated sites.
  • I also use Listings-to-leads, RealBird and several other sites with pretty powerful SEO
  • Change your front photo in MLS
  • Change your description in MLS and other syndication sites
  • Update your photos
  • Call all of the agents who have sold in a 2-mile radius of this home during the last 6 months...then spread the radius and keep calling! Offer to send them your unbranded video that they can share with any clients who are moving to the area in this price range, looking for these schools, etc. 

Good Luck, Scott!

May 22, 2020 11:53 PM