All Topics / Creative Investing / How to facilitate a quick sale

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  • Profile photo of Tony100Tony100
    Member
    @tony100
    Join Date: 2005
    Post Count: 15

    Hi everyone,

    I would appreciate any pointers anyone can give me on a challenge I am facing.
    Basically, I am looking for a method of selling property quickly – without massively discounting.

    I do small developments and just prior to completion I list with a real estate agent. I ensure the property is priced competitively and I am careful about selection of the agent but, at the end of day, I am still going with the flow. There must be a better way. A method that enables someone to sell property quickly and puts the seller in the driver’s seat. I guess it’s about control. I have good control over site acquisition and construction but very little control over sales.

    I have the time and drive so am happy to consider something creative (perhaps selling on a low deposit). Does anyone have any experience with selling on a low deposit? Did it facilitate a quick sale?

    I’d really appreciate any comments.

    Thanks.

    Tony

    Profile photo of Beth_AshtonBeth_Ashton
    Participant
    @beth_ashton
    Join Date: 2006
    Post Count: 12

    Hi Tony,

    In regard to your question about low deposit….
    It depends on what you’re trying to sell and the way you want it advertised.
    Of course a lower deposit is going to be more appealing, especially to young couples purchasing their first home.. but at some point they are going to have to finance the total amount of the purchase costs.

    I don’t know where you are located but I work @ Compton & Green Real Estate Solutions in Williamstown, VIC and we market each property specifically to the vendors request – we try to personalise each listing… If you ever wanted to have a chat regarding the marketing don’t hesitate to contact me Mon-Sat on 0393971600

    Otherwise I would suggest you speak to some of the local realty groups in your area and see what marketing would be appropriate for your developments.

    Hope this helps :)

    Regards,

    Beth MacLeod

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213

    Waht about offering incentives to the agent for selling within a certain timeframe.

    Terryw
    Discover Home Loans
    Parramatta
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    Profile photo of Tony100Tony100
    Member
    @tony100
    Join Date: 2005
    Post Count: 15

    Hi Beth and Terry,

    Thank you for the replies.

    Terry, I have’nt tried offering an incentive to agents (to sell within a given time-frame). I will consider it. Thanks.

    Beth, I am based in Sydney and a few of my projects are on the North coast. I will take you up on your offer and call you for a chat, thanks.

    Tony

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