The way I use to do this in Austin Texas...
1) Pull the property tax records for your county.
Usually you can purchase a physical CD with data for a few $100.
I use to purchase these every quarter, as #2 will change each time a property sells (tax data changes).
2) Lookup turnover threshold for your area.
Last time I did this in Austin, 3.2 years was normal threshold where people moved.
After the Houston flooding, it's anyone's guess how this number might work. Likely you'll have to come up with some other way to analyze data + I'll continue on about how I did this in Austin.
3) Start sending monthly letters to people who's tax bill address + property address are the same (owner occupants) providing them tips for staging their house for sale + providing coupons for local people to do staging work, like repairs + landscaping.
Also include a coupon for using your site at a discount to list their property.
Keep sending to these people, until they use your service (numbered coupon, so you can track them) or the property sells (property tax data changes).
4) There are many other strategies you can use with this data also.
For example, properties with common tax bill addresses are rental properties. You can stripe these (organize them into buckets) like between 2-5 properties or 6-10 properties.
Each bucket has a different marketing approach.
All sorts of imaginative ways to market to these people.
5) I share this technique with every realtor I meet.
So far no one has every used this technique, that I've told.
You're welcome to call me to talk more about this, if required.
I'm way out of Real Estate, so happy to share anything about this your like.
Answered 5 years ago
The real estate market is hot, hot, hot right now. I am not sure where you are located, but there are many options. My first question would begin with what kind of a budget do you have for advertising? Starting with free advertising, I would recommend your local newspaper with online listings, online sites like Kijiji or CL, Facebook groups and other online listed sites. Reach out to mortgage brokers who may have investors looking for more properties. Maybe call some local management companies for rentals, they have access to investors, and likely have a few houses in the mix as well. Look for other community boards that you can post a well-worded and visually pleasing notice. I can go on and on about this, and that's just the free options. Set up a call with me, if you want to continue brainstorming this idea. I wish you luck!
Answered 5 years ago
It depends. It depends on your locality. In case of US market where a locality is no more than 50,000 people with some 12000-14000 people with the online presence, social media is the best and most economical way to promote. But as I mentioned before, it depends on a lot of factors. To start with - create a badge and collaborate with small brokers to promote your website. You will need a good incentive for brokers. It will be great if you can provide me your locality and link to the website for further evaluation.
Answered 5 years ago
Property auctions have always been beneficial for sellers as they could quickly close a deal with the highest bid. The primary advantage is that customers set the price and the conditions for the deal. Online real estate auctions are thriving right now. The service has developed a large community of more than 4 million buyers and has already sold 329,000 homes. An auction real estate service targets buyers and sellers, who want a quickly closed property deal. Sellers are usually direct owners, or real estate agents, or asset managers. To create a real estate auction site, you need to incorporate all these features into the platform. Next, empower them to identify the characteristics of their offers, define the duration for bids, alter their postings, re-offer the property, and offer 3D visits. Users should have access to quick and advanced searches. Additionally, users should be able to save the best search results and collect their search filters into templates, so they do not have to re-customize search settings all the time.
You can read more here: https://exceed-team.com/blog/how-to-build-an-auction-platform-for-real-estate
Besides if you do have any questions give me a call: https://clarity.fm/joy-brotonath
Answered 2 years ago
Real estate is one of the biggest industries in the world. If you are working in the Real Estate industry and want to success in the industry, you need to have a marketing strategy. Email Marketing is easy and effective marketing method in 2021. To success in the Email Marketing, you need to have reliable, targeted real estate database to reach and convince them to make them your valuable customer.
Answered a year ago