Landlording & Rental Properties

Some Tips for Getting Attention to Your Real Estate Listings

Expertise: Real Estate Marketing, Personal Development, Real Estate News & Commentary, Mortgages & Creative Financing, Real Estate Investing Basics, Landlording & Rental Properties, Flipping Houses, Personal Finance, Business Management
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The following was a comment posted by Linda Parker as a response to our contributor, Jim Watkins’ post, Down Sales Market? Think Outside the Box. As the comment carries weight on its own, we’ve decided to publish it as its own posting: OMG! Higher commissions do get agent’s attention. When most companies are trying to [...] View the full article: Some Tips for Getting Attention to Your Real Estate Listings on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.

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Joshua Dorkin is a serial entrepreneur, investor, podcaster, publisher, educator, and co-author of
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    Hojin
    Replied over 12 years ago
    I agree with Lynda that higher commissions do attract attention. I believe unless you’re going to offer a commission that is significantly higher than the higher commission does not work. Here in Orlando, the typical commission offered to cooperating agents is 3%. I’ve tried offering 3.5% and 4% but with no increased activity. Once I began offering 5% and above, it did increase activity on my listing. I’ve tried posting at the bulletin board at the local grocery store and Wal-Mart but with no success. One thing I did not see on this post that I believe not too many agents are doing is listing syndication at portals such as point2homes, postlets, realinvent, etc. to get the property on as many search outlets. Finally, the most effective way to increase traffic on your home is face to face. You gotta promote it among agents in person. Everyone knows sales are done face to face.