April 9, 2012
By Bernice Ross
INMAN News
Read this article on INMAN News
Editor's note: This is the second in a two-part series. Read Part 1.
There are numerous ways to market your listings using the auction process, including doing a traditional auction, an auction you conduct yourself as the agent, or by using one of the online real estate auction platforms. Is one of these approaches right for your business?
Part 1 of this series outlined key points of having an auction house handle the auction. This type of auction can be quite effective, especially when the auction house has multiple properties that will attract more bidders. Here are three other options you may want to consider.
1. Agent do-it-yourself auctions
I once spoke with an agent who was conducting his own auctions on his listings. The first week of his marketing campaign was devoted to creating all the marketing pieces he would use to advertise the property and placing them with the appropriate advertising outlets.
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ListedBy extends to its members unique services and resources to facilitate the success of their projects and real estate investment. We take care of everything property management on your behalf, so you can focus on what you do best, with peace of mind.
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ListedBy ‘s unique, free online bidding auction and ‘Submit Offer’ platform attracts serious cash and finance ready buyers, making ListedBy.com ideal for advertisers. A transactional platform, ListedBy is an unmatched path to present your services in a highly targeted, strategically timed manner.
“Our conversion rates with the site has been dramatically higher than with typical forms of advertising and we highly recommend and endorse the ListedBy site and are proud to be a long term partner.”
“We sent out email blasts with the team at ListedBy and instead of paying $5 per click with Google we were able to drive thousands of visitors to our site at nearly 8% of the cost and the traffic is dramatically more targeted.”
Visitors to ListedBy.com spend between five and ten minutes on the site, and are able to make a buying or selling decision with a single click. Integrated advertising through ListedBy enables real estate professionals and service providers to reach home buyers and property investors when they need these services the most. It also enables service providers to effectively and cost efficiently brand solutions to real estate professionals year round.
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We thank you very much for joining us and we welcome you to ListedBy.com. ListedBy.com is a free online marketplace and social network with integrated , live offer/bidding auction functionality targeted towards real estate assets and real estate professionals. One of the key goals of the site is to allow real estate professionals to market their listings,themselves and their businesses online for free, to potential clients and partners from around the country and across the world.
List your assets and get exposure to our thousands of buyers for FREE. You can post assets on ListedBy in several ways including live bidding online auctions with reserves or without, or in a fixed price style offering that allows members to submit hard offers directly to the seller and review the subject property all online.
ListedBy.com also allows members to search pre-approved service providers in the area of the subject property of interested or just purchased. This gives our users access to critical services easily and with peace of mind, to make their investment in real estate as effective as possible for the short term as well as for the long haul. This values add service makes ListedBy your one stop shop for all your real estate investment needs and goals.