There are two types of real estate markets. The buyers market and the seller’s market. These two markets are totally unpredictable and can switch and swap at any given time for any unknown reason. We always discover why after the fact, but if we knew in advance, that would take all the fun out of being in the real estate industry for the real estate pros.
In today’s real estate market, there is a lack of real estate for sale in many markets across the Country. Making this a seller’s market in the sense that many homes that are for sale drive more traffic at open houses, get more attention on the sites where listed, and ultimately get multiple offers where the accepted offer is way over the original asking price.
One buyer wins, all the others lose and will have top continue their search for the American dream. How do we resolve this challenge of not enough homes for sale? The answer? A survival guide for agents wanting to increase their seller’s listings and build more inventory in their local real estate markets.
Here’s the Top 15 Listing lead strategies and lead generation ideas.
Defining your real estate market:
buy·er’s market also buy·ers’ market (brz)
n. A market condition characterized by low prices and a supply of commodities exceeding demand.
sell·er’s market also sell·ers’ market (slrz)
n. A market condition characterized by high prices and a supply of commodities falling short of demand.