LOW HANGING FRUIT FOR HOME SELLERS

In my last blog, I spoke about some common, ordinary places and strategies in finding homes to purchase whether you be an investor or a home buyer. I call this "low hanging fruit". Everyone knows it is easier to reach the orange or pear on the tree while your feet are flat on the ground than the orange or pear at the top of the tree.

Here are a few ways easy, simple things you can do to find persons that are interested and eager to buy a home:

SOCIAL MEDIA- A lot of people on sites like Facebook will post information about upcoming moves to new communities, new additions to their family, and marriages. People who are in transition are an excellent source for home purchases particularly if you have a property that is the size or in the location they need to be.

NEWSPAPER- I am not speaking here about posting a classified ad in the newspaper though that might be an option. I am speaking about reading the news with awareness of transitions that are happening in your community or in people's lives. For example, when you read in the business section that a person is going to become the new manager of the local business after being in a faraway city, you are reading about a potential home buyer. When you read that a couple in the community just had twins at the local hospital, you are reading about a potential home buyer who might need a large home. Again, read the news with awareness of potential home buyers.

ROADSIDE SIGNS- Roadside signs at major intersection are a cheap, inexpensive way to tell the world about your property for sale. The signs cost less than $5 a piece. Some people find it more appealing when they are handwritten. Be alert to any local ordinances against such signs in your community.

BULLETIN BOARDS- Make a flyer about your home for sale and post it on free community boards in places like laundrymats, grocery stores, and restaurants.

REALTORS- If you own a home, don't discount realtors as a resource to sell your own. They can help you get some idea about recent sales for comparable homes in your neighborhood. If you have your home priced low enough, the realtor might be willing to list the home and tack on their commisson fees above the purchase price. A realtor can certainly save you a lot of legwork.

F.R.A.N.- F.R.A.N. stands for friends, relatives, acquaintances, and neighbors. Spread the word about your home for sale through your networks. Your F.R.A.N. might know someone looking to buy through their work, friendships, or the like. You might want to even consider offering them cash or a gift card for their help.

These are a few ideas about where to find low hanging fruit as a home seller. The places to find prospective home buyers are limited only by our creativity. Good luck.- Randy Wall