Positioning A Strong Word in Real Estate Marketing
A powerful word that should be in your real estate
vocabulary is the word positioning.
Inventories are building all over the country. Sellers all
over the country still think that their home should sell in
five days because their neighbors house sold in ten days last
year and theirs is much better. Does that sound familiar?
Sellers need to be aware of how they are positioned in
today's market.
I like the word positioning because it has the ring
of authenticity to it. It is a word that
sounds like it would be used by a
professional. It is also one of the keys to getting
properties sold.
How would you use the word positioning? You
can let the seller know that there are x number of competing
homes for sale and all but two are priced under them. This home
would be positioned poorly for price.
Positioning goes hand in hand with the absorption
rate, which basically tells you the rate that homes
are selling versus the number of homes on the market. One of
the definitions of positioning is: A situation as it relates to
the surrounding circumstances. Today, what goes on around a
property especially in terms of its competition is very, very
important. You have to use statistics to back up your point.
The absorption rate is a great way to show how a property is
positioned simply and effectively.
Your real estate marketing also positions the
property you are selling in front of the public. Your
job is to convince the seller that you will do everything you
can to put the property in front of as many buyers as you
possibly can and do it better than your competition. You will
do your job with your marketing plan to position the property
so that any potential buyer will be aware of the property.
The reality of today's market is that all the real
estate marketing in the world can only do so much.
Today price is a big factor. We are in a market with big supply
and shrinking demand.
So use the word positioning. Sound like a professional. Your
marketing will position the property so any potential buyer
will be aware of the property. The price that is set on the
property has to position the property to be attractive to
today's picky buyers. A well positioned listing usually
ends up a sold listing.
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