# Entrepreneur of the Week Shoshi and Hanoch Dombek # Post 6 Last post for this week - thank you for continuing to read, comment,…

# Entrepreneur of the Week Shoshi and Hanoch Dombek

# Post 6

Last post for this week - thank you for continuing to read, comment, pardon and be present. Thanks for the experience. We will probably hear more in additional posts sent from time to time. And now -
# ** Why was my property not sold? **

Let's talk about it… With your hand on your heart, it happened to you that you renovated a property, it seems to you the most beautiful thing you have done, potential buyers come and go and no offer to buy comes. Well… Happened to you?

No matter if the market goes up or down, there are always three factors that determine whether the home will be sold

Price, condition of the house and exposure

Price - Two types of assets are different: 1. Those that are priced correctly 2. Everything else. The price of the house is determined by the market and not the seller as many people mistakenly think. The price must be synchronized both with the condition of the house and with the right market conditions for that time. The right combination of home price and its condition through competing properties, will determine whether it will be sold quickly or left behind. As sellers, do not run a strategy where calculating your return is based on an overpriced requirement. Property sales information is visible and available not only to you, the buyer also uses it. If he is working with an agent, there is a situation where the agent will not show him the house at all before the price reaches the appropriate level. If you are not working with an agent (rope…) you will have to do the price comparison process yourself, analyze the market situation and not finally source information regularly. Proper pricing is the first factor in attracting buyers and now!
# *** Not all homes are sold at the asking price. ***
# *** The good news is that all homes will sell at the right price. ***

Home Condition - The property must look in the best possible condition that they were more muddy on the inside. The first time the buyer sees the house, is the best opportunity you have to impress him. Studies have shown that a buyer takes about 15 seconds to exchange if he is interested in a home or is moving on to the next home. We do not always have a second chance to make a good first impression. Generally, people involved in a renovation find it difficult to be their own visitors and, prior to advertising the property, ask someone objective to give feedback on the appearance of the home and suggest ways to improve. You should hear this from someone on your team and not as a criticism from the buyer. Some are prone to hypersensitivity and are offended when they receive criticism from a buyer who did not like the work they did. You change all the time, it's a business, it's not personal - accept any criticism as a lesson and improve everything possible. Never do mediocre work and think that the sucker will come and pay you a high price. Medium work = medium price while less less. Adjust the price to the market and the condition of the house - and buyers will come.

exposure

It is impossible to sell a house that no one knows about even if it is the most amazing in the world. The exposure options are many and you should use as many advertising channels as possible.

Pictures, pictures, pictures and as much as possible. When you upload the property on these designated sites, do not skimp on a professional photographer who specializes in property photography. A picture is worth a thousand words and the first sight your buyer sees. His 15 seconds start now, and you want him to get in the car and get there fast. You will feel the difference between a dark, small and unattractive image and a professional, bright and flattering image in the bank account.

Sign for sale in front of the property, large and prominent with a telephone number for immediate contact. Smaller signs at strategic positions in the neighborhood. Take a tour of the neighborhood to get to know where most of the traffic comes from and at what point it will control most of the exposure. Remember that the US is a country of wheels and your control should be catchy, clear and concise.

There are other methods like sending postcards to neighbors (you never know where your buyer will come from) to upload a video to YouTube, post on Facebook… and of course contact an agent who will do it at all. Whether you are selling the property yourself or using an agent, you will be on it all the time.

And just before parting, we had the great honor of being hosted on this forum, getting to know some of you, reading the amazing responses and sharing with you some of our experience. Apply, act and do not give up even when sometimes everything seems stuck. To your success. ????

The posts are a small taste of the course material and guidance we give to real estate investors in the US, in parallel with our activities in the field of construction and investment. We are currently working to establish an investment fund in commercial real estate (housing files) in the United States.

Find a contact with us through the forum,

Email:

[email protected]

[email protected]

Or on our website www.newoak-investments.com

There you will find a lot of other useful information.

Link to the original post in the United States Real Estate Forum on Facebook - Works on a desktop computer (To view the post must be members approved for the forum)

The original responses to the post can not be read at the bottom of the current post page on the site or in the link to the post on Facebook and of course you are welcome to join the discussion

Related News Real Estate Entrepreneurs

Responses

Related News Real Estate Entrepreneurs

Responses