Posts tonen met het label real estate. Alle posts tonen
Posts tonen met het label real estate. Alle posts tonen

zaterdag 8 januari 2011

2011 - A phenomenal year for the Property Market?


Website traffic to many Real Estate portals is beginning to show rapid growth. Friends and colleagues around the world are reporting a fast pick up this month after a very lethargic and crippling run up to the Christmas period.

In our own case – The Khusan property portal has peaked with more visitors than ever before (with the exception of the initial launch weeks).

So what is the trend and who is showing such a big interest in the Real Estate market?

Read further here: Khusan Real Estate Blog

woensdag 13 oktober 2010

25% Drop in Visitors on Real Estate Open House October 2010

Saturday, 9 October was the National NVM Open House Day for all houses for sale to open their doors to prospective buyers in Holland.

So picture this: house owners doing their utmost to clean up their gardens, trim their bushes, wash their windows and use a neighbor's van to store all the extra kludge they have lying around the house. Days before, the last renovations have taken place - walls painted, ceilings fixed and floors repaired. With the 47,000 plus houses participating of the 185,000 for sale, the combined whole adds up to a lot of activity.

Neighborhoods with numerous houses for sale show neighbors competing and making bets with each other. Each for sale sign and open house sticker is more prominently displayed as the other.

It is 11.00 AM and the Open House day officially starts.

At 3:00 PM the Open House day closes.

Where were all the visitors and prospective buyers?

open house cartoon

Well, a portion were sitting at home waiting for others to buy their house.

It turns out that on average a house was visited 2.7 times. This was down 0.8 times from March of this year. 125,000 visitors visted the 47,000 houses that participated in the NVM National Open House Day, of which about 1 of the 4.5 houses were not visited at all (source).

Many prospective buyers are also sellers. The number of these was actually much higher than anticipated, and because of this the average visits per house had dropped a quarter. Something you would not normally take into consideration, however also not a surprise due to the unstable political scene in the Netherlands.

--
Provided by Khusan Real Estate & Property Classifieds

dinsdag 10 augustus 2010

Drops in the Sea of Real Estate Listings

Get up in the morning, shake the sleep from your eyes as you drag yourself to the computer to check the responses to your property ad. Open your mailbox and... nothing. Yet you need to sell your house so that you can move into your new house and end the endless commuting.

It's lunch time. You call your real estate agent and ask how many appointments were made for viewing your house. He asks if you can all back later. You try the rest of the afternoon and no response. Most likely no appointments...

After the long commute home, throw your coat on the couch and jump behind the computer. Ah! A response. No, not a response, just spam. Damn! Oh well, might as well brace yourself for the next morning commute and hope that someone, just anyone, will bring out an offer for your house. Maybe you should lower the price...

Sound familiar?

Interestingly enough, the majority of house and real estate owners operate as above. For some reason a very passive approach is taken to actually selling one's house or property. We pay Realtors to market our property, we put a sign on the lawn, maybe we place an extra advertisement on the Internet and then... wait. Wait for a response to come in. Call the Realtor to see if there are reactions. Check our email. Check the ad to see how many views were made.

One of the few agencies that take a pro-active approach is Re-Max. They place ads wherever they can, do neighborhood flyering, hold open houses and use any other means to promote your property to the masses. They use a push-marketing form for generating leads. In the main this has more success.

It is quite funny to see the amount of effort spent generating new leads, when in actuality, there are numerous sources of existing leads right before your eyes - that you didn't see. Seeing these requires a change of mindset. The correct mindset is: contact potential buyers/tenants, don't wait for them to contact you. It takes some work, some rolling up of sleeves, but you will be much happier doing this than waiting for the next response, and as well you will have found your buyer or tenant much faster than the "classical" way.

So where do you find these leads? Classifieds sites. This is the only place where persons looking for property to rent or to buy can advertise. More and more classifieds sites are started every day. EBay has an excellent worldwide network of classifieds sites. Some local areas have very established classifieds sites that offer numerous wanted ads.

In lesser cases there are classifieds sites specifically catering to both property wanted and offered ads. You will come across these naturally by keeping the focus on classifieds sites that cover your area. Khusan Real Estate Classifieds is one such site. Toronto Rentals is another.

And a last tip - persist. It takes some getting used to this, but by persisting you become proficient in locating the wanted ads that will bring you to the buyer or tenant you've been looking for.