Running Ads for Listing

[Jesse Bennett]

Do any of you run ads on Google, Facebook, Instagram, etc. on your listings for your fix and flips? We currently have a property that is taking a little while to sell and we've already lowered the price a couple of times. I am curious if running ads is an economical / effective method to sell our properties faster. Any insight is appreciated 

[Kyle Spearin]

@Jesse Bennett I haven't tried this yet, we use a real estate agent which gives us access to everyone on the local MLS. Keep me posted if you try this method!

[Chris Seveney]

@Jesse Bennett

We have tried this and it did not provide us any better results

[Evan Polaski]

@Jesse Bennett, I have not, but Chris's experience aligns with my perception. It is fairly universally known that if you want to buy real estate, you go to the local MLS and/or Zillow. So if it is listed on both services, I can't imagine google/meta/tiktok ads will help.

[Edgar U.]

Yes, they work well and I use it for my land listings. For FB, you could use marketplace + boost. For FB, I highly suggest posting the listing in groups as there will be more activity for it. For Google, I highly suggest as an image ad and boost it locally to county, or major metro area. I don't think they allow or zip codes. I would highly, highly recommend if you haven't done so a YouTube walk through, this is far better reach and you could use it for shorts to post on your other media platforms. I haven't used insta, and will play with it in next couple of months.

Social media is powerful if done right!

[Jacob Sherman]

Id say rent it and refinance it and go back to the drawing board later when the local market rebounds 

[Jesse Bennett]

Thanks everyone. Has anyone tried Boost by HomeSpotter?