Marketing a rehab property 4 posts by 4 users

Posted: 07/05/2008 at 04:53PM

craigslist
bandit signs nearby that lead to house
list it in the mls yourself or for sale by owner.com
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one idea I had that I have not personally used is the person I own a house with currently is also a manager at a very well known wine store, and to have them " sponsor" a wine /beer tasting and have it at the house on an open house day in order to get more bodies through the door.

maybe you could take that idea and team up with someone you know who owns a restaurant etc.

Posted: 07/09/2008 at 01:30PM

Chris,
Unless your property is something that sells well no matter what, you might want to rethink the FSBO and find a good real estate agent. They will give you more exposure on more popular sites, like MLS & Realtor.com. Most importantly the MLS listing will be seen by the buyers agents in the area. Since most areas have high housing inventory buyers have alot to chose from and they want to see alot of homes before they buy. This can be overwhelming so more buyers are choosing to work with a real estate agent to show them homes. If you are not listed you won't get shown. This may lengthen your market time and may not save you anything in the long run.

Also my experience has been that potential buyers who respond or target FSBO properties do so because they think they will get " a deal" without an agent involved. You may find you end up giving that money you tried to save to the buyer anyway.
I could go on and on about the benefits of a good real estate agent, especially in the current market. Good luck which ever way you go!