Property Selection: Tips On Choosing High-Converting Projects
From analyzing market trends to evaluating potential returns, this article covers everything you need to know to make informed decisions and grow your real estate portfolio.
Multi-portfolio property management is no joke. Here’s what you should know to best prepare yourself on this journey!
Every realtor knows that selling a property isn’t easy. There are many steps involved and making one wrong move along the way could easily cost you a deal as well as comms. This is even more of an issue when you’re juggling multiple properties at a time.
There’s nothing wrong with marketing multiple properties concurrently. In fact, we encourage our clients to do so! It’s just that things can quickly get overwhelming when you’re constantly driving back and forth between properties, keeping track of the leads, and retargeting them.
So, if you’re looking for some solid advice on how to keep an eye out for properties worth the effort, as well as tried and true tricks to help maximize your chance at selling (and staying sane throughout this process), then you’re in the right place!
Let’s get into it!
This is a question we get quite often in the field, so we thought to clear the air once and for all. There are a couple things to look out for when you plan on advertising properties concurrently, including;
If you tick all the boxes we mentioned above, then carry on marketing properties concurrently – otherwise, stick to advertising only the property with the best metrics!
Here are a couple tips to help you ease the chaos that comes with managing multiple properties;
When promoting more than one listing, it’s important to understand that each property comes with its own unique vibe and value proposition.
So, take a moment to consider what your listings have – could it be a good location? How about the amenities? Is it close to the MRT? Or is it the large floor plan that’s appealing? Once you have identified these aspects, use them as a focal point in your advertising efforts to really hit them with that wow factor.
Pro tip: The medium with which you choose to showcase these aspects are also vital to making a sale – and one of the best ways to do this is by using video marketing!
Marketing is the lifeblood of any launch.
There’s truly no way you can let people know of your properties and draw the right attention if you don’t put word out – and that’s exactly what good advertising can do for you. Don’t stinge on your marketing budget or put out lacklustre effort if you plan on making comms.
Pro tip: If you find yourself struggling to juggle all these properties at one go, be sure to hire a quality digital marketing agency to help you out!
We can’t stress this enough – do not take being organized for granted.
Once you start managing more than a handful of properties, it’s easy to get confused or lost when you’re shuffling between them.
Pro tip: Be sure to find what works for you and stick to it – whether it’s creating a large schedule to sort out all your house viewings and setting notifications to remind you a day before or organizing folders by client name, property address, office, listing, offer, and closing documents.
Need a little help managing multiple properties? Look no further than SellMoreCondos (SMC)! From creating a well-designed property landing page, to click-worthy real estate Google Ads, and attractive microsites for your new condo launches – we can do it all! Over the years, we’ve worked with more than 80 realtors across Singapore to successfully make their real estate digital marketing debut – and that includes helping one of our property clients earn 67% more revenue in just 4 months! Keen to learn more? Get in touch with us today!
From analyzing market trends to evaluating potential returns, this article covers everything you need to know to make informed decisions and grow your real estate portfolio.
Read on to learn how you can effectively convert property leads into clients with our guide on lead tracking, automated follow-ups, personalization & more!
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