- Compare the home to comparable ones on the market and identify its unique and most desirable features. Why would a buyer want this home more than other homes in the same price range?
- Take snapshots of the home's best features, and use them as a starting point for your marketing approach. Make sure they are posted on the MLS System.
- Ask you, the seller, what made you decide to purchase the home, and use that information to help focus on potential buyers.
- Research the demographics of homeowners in the neighborhood. Prospects with similar demographics will probably be the best market for the home.
- Review the audience demographics of various media, and use those that best match the likely demographics of potential buyers for the home.
- Start early. Don't wait until a week before the listing expires to get the word out.
- Write a brief property-marketing plan that includes specific objectives, a description of the home, a description of the target buyers for the home, and appropriate marketing media.
- Make a schedule for the property marketing activities throughout the listing period.
- Set a reasonable budget based on the activities detailed in the plan. The more costly the home, the more expensive it will be to market because a high-priced home demands top-of-the-line marketing materials.
- Set up systems to track the "pull" of your various property-marketing efforts. One simple method is to ask those who call or view the home how they found out about it