Putting your home on the market at the right price and marketing it through 3D virtual tours and property videos are ways to entice buyers to come and see your home in person and make an offer for your property. Many real estate agents have great success when they practice this.
Open houses are great for the realtor to get to know the neighbors and help spread the word that the house is on the market. Open houses are no longer necessary, however, if the home is marketed properly.
How exactly do you get more bids, maybe even start a bidding war among your prospective buyers? Here are tips on how to do it.
Do a thorough absorption rate analysis and position the home right where it needs to be
The best strategy for getting buyers to make an offer, therefore is to price the home right where it needs to be. Too high, over-pricing the property, will make it invisible to buyers searching on the internet. Under-pricing can spark a bidding war, and that is exactly what you want.