Andrew Fogliato Archives - REM https://realestatemagazine.ca/tag/andrew-fogliato/ Canada’s premier magazine for real estate professionals. Mon, 03 Nov 2025 17:12:11 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://realestatemagazine.ca/wp-content/uploads/2022/09/cropped-REM-Fav-32x32.png Andrew Fogliato Archives - REM https://realestatemagazine.ca/tag/andrew-fogliato/ 32 32 The Price Change Playbook: How top agents stay in control when listings stall https://realestatemagazine.ca/the-price-change-playbook-how-top-agents-stay-in-control-when-listings-stall/ https://realestatemagazine.ca/the-price-change-playbook-how-top-agents-stay-in-control-when-listings-stall/#respond Wed, 05 Nov 2025 10:00:44 +0000 https://realestatemagazine.ca/?p=40925 Unlock the secrets of top agents who navigate price changes with confidence and strategy. Learn how to keep control when listings stall and maintain client trust.

The post The Price Change Playbook: How top agents stay in control when listings stall appeared first on REM.

]]>

When listings stall, most agents blame the market. The best ones take control.

In this episode of The Leads Are Sh*t, Andrew Fogliato and Taylor Hack break down what they call The Price Change Playbook, a system that helps agents decide when to adjust pricing, how much to move and how to communicate it without losing trust.

Here are the key takeaways from the conversation.

 

Start with data, not instinct

 

The best agents don’t guess. They gather evidence. Track showings, online impressions and market activity. Compare performance to competing listings in the same price range. When you can point to clear data, sellers see logic instead of pressure. The goal is to make the conversation about market movement, not personal opinion.

 

Make decisions using the Goldilocks Method

 

Too high, too low or just right. Keeping it that simple helps clients understand trade-offs fast. Present three clear options and explain which one aligns best with their goals. Clients make better choices when they can compare options instead of reacting to a single recommendation.

 

Time your move strategically

 

Timing affects how the market responds. A price change that goes live on Thursday or Friday catches buyers preparing for weekend showings. That’s when listings see the biggest jump in views and alerts. Smart agents plan these updates like campaigns, not random adjustments.

 

Small changes rarely matter

 

A minor reduction rarely triggers new attention. Most systems need at least a one per cent change to count as a real adjustment. Beyond that, the reduction should move the listing into a new buyer bracket. A $550,000 home dropping to $545,000 doesn’t change the audience. Moving to $535,000 might.

 

Build trust before the tough talk

 

The easiest price change conversations happen when clients already trust the plan. Set expectations during the listing presentation. Explain that pricing is a tool that can evolve with market conditions. Consistent updates keep clients informed and prevent surprises later.

 

The takeaway

 

Price changes are not failures. They are course corrections. The professionals who handle them best use data, clear communication, and timing to lead their clients through uncertainty.

The full conversation covers how to combine data, empathy and strategy to handle price adjustments with confidence and consistency. Watch or listen to the full episode:

 

Don’t miss the next episode of The Leads are Sh*t!

The leads aren’t the problem, the strategy is. Leads Are Sh*t is your weekly deep dive into smarter real estate marketing to help you attract, convert, and close more deals.

📅Live every Thursday at 2:00 PM EST. 🎥 Don’t miss out! Click here to secure your spot.

Related Posts

The post The Price Change Playbook: How top agents stay in control when listings stall appeared first on REM.

]]>
https://realestatemagazine.ca/the-price-change-playbook-how-top-agents-stay-in-control-when-listings-stall/feed/ 0
How top Realtors stay calm when their listings don’t sell https://realestatemagazine.ca/how-top-realtors-stay-calm-when-their-listings-dont-sell/ https://realestatemagazine.ca/how-top-realtors-stay-calm-when-their-listings-dont-sell/#respond Mon, 27 Oct 2025 09:00:48 +0000 https://realestatemagazine.ca/?p=40778 When listings stall, top Realtors diagnose issues, ask the right questions, and reframe price changes as marketing tools. Discover their secrets to maintaining composure and leadership.

The post How top Realtors stay calm when their listings don’t sell appeared first on REM.

]]>

Every agent faces the same moment eventually: a listing sits on the market, showings slow down and the seller starts to lose confidence. The question isn’t whether it will happen, it’s how you handle it when it does.

In the latest episode of Leads Are Sh*t, Real Estate Magazine publisher Andrew Fogliato and Edmonton team leader Taylor Hack break down how top Realtors keep their composure when a listing stalls. The discussion focuses on diagnosis over emotion, clear client communication and turning a quiet listing into a moment of leadership.

 

1. Diagnose, don’t panic

 

When listings don’t move, most agents start guessing. They blame the market, the buyers or the clients. Professionals step back and look at data.

Hack explains that every listing’s success depends on three things:

  1. Price – Is the value aligned with what today’s buyers expect?
  2. Show experience – Does the property feel right when someone walks through?
  3. Awareness – Are enough people even seeing the home?

By reviewing these factors objectively, agents remove the emotion and focus on what the market is telling them. As they put it on the show, “A slow listing isn’t failure. It’s feedback.”

 

2. Ask the right questions

 

Many agents collect surface-level feedback that doesn’t help. Hack outlines a better system built around three questions:

  1. How did your showing go?
  2. Did your clients like it?
  3. Would you consider this property in your client’s top three?

Those questions quickly identify whether the issue is price, presentation or marketing. If a listing consistently makes the “top three” but isn’t getting offers, it’s a timing issue. If it never makes the top three, it’s a pricing issue. This approach gives agents clarity instead of frustration.

 

3. Treat price changes as marketing

 

This reframes price adjustments as a marketing tool rather than a sign of failure. Each price point attracts a different group of buyers, like separate pools in a stream. Moving from $600,000 to $575,000 might reach an entirely new audience.

Most agents see price changes as losing, but it’s really about shifting where your bait is in the water.

When positioned this way, a price change becomes part of a strategy, not a reaction.

 

4. Keep sellers engaged

 

When sellers disengage, listings die quietly. Hack shares a system that keeps communication consistent and proactive:

  • List on Thursdays to maximize weekend exposure.
  • Send BombBomb video updates every Tuesday summarizing showings, competition and market shifts.
  • Always send updates to both decision-makers to prevent mixed messages.

These updates build trust and keep sellers grounded in the process instead of reacting emotionally.

 

5. Lead through the slow moments

 

When listings don’t sell, it’s easy to lose confidence. The best agents turn those moments into proof of their professionalism. They rely on evidence, not excuses. They guide clients through difficult conversations without losing trust.

As Hack says in the episode, “Selling real estate isn’t about avoiding tough conversations. It’s about mastering them.”

 

Watch the full episode

 

The full Leads Are Sh*t episode goes deeper into:

  • How to prepare clients for price changes before they happen
  • Why 4.9-star agents outperform “perfect” ones
  • How to turn a slow listing into a referral opportunity

Watch it on YouTube to see how calm, confident Realtors turn silence into strategy.

Watch the full episode below:

 

Don’t miss the next episode of The Leads are Sh*t!

The leads aren’t the problem, the strategy is. Leads Are Sh*t is your weekly deep dive into smarter real estate marketing to help you attract, convert, and close more deals.

📅Live every Thursday at 2:00 PM EST. 🎥 Don’t miss out! Click here to secure your spot.

Related Posts

The post How top Realtors stay calm when their listings don’t sell appeared first on REM.

]]>
https://realestatemagazine.ca/how-top-realtors-stay-calm-when-their-listings-dont-sell/feed/ 0
What separates agents who close from those who complain https://realestatemagazine.ca/what-separates-agents-who-close-from-those-who-complain/ https://realestatemagazine.ca/what-separates-agents-who-close-from-those-who-complain/#respond Mon, 20 Oct 2025 09:00:46 +0000 https://realestatemagazine.ca/?p=40652 The agents who consistently win in real estate aren’t necessarily better at finding leads. They’re better at managing, nurturing, and converting the opportunities they already have.

The post What separates agents who close from those who complain appeared first on REM.

]]>

Every week, we talk to agents who tell me the same thing: “The leads are sh*t.”

Sometimes they’re right. Most of the time, it is not the leads. It is the system.

The latest episode of The Leads Are Sh*t, co-hosts Andrew Fogliato and Taylor Hack break down the real difference between agents who consistently close deals and those who keep fighting their CRM. 

The conversation took some turns, especially when Ado Topuz from AgentLocator dropped in with the results of a $50,000 test comparing forced and non-forced registration leads. It all circled back to one thing: success comes from clarity, consistency, and systems.

Here are the biggest takeaways worth applying right now.

 

1. Don’t spend on ads until you know your conversion math

 

Before you start “getting more leads,” you should know exactly what happens when you already have them.

If ten people reach out, how many respond?

If ten appointments happen, how many turn into clients?

If you cannot answer those questions, ads will only multiply confusion.

As Taylor put it:

“You shouldn’t spend a ton on ads until you know what happens when more people come through your system.”

Start with data. Track your own ratios for 30 days. Once you know your baseline, then scale.

 

2. Forced registration isn’t the enemy. Lack of follow-up is.

 

Topuz’s test was simple. He spent $50,000 on Google Ads, half driving to a forced registration site and half to a non-forced one.

The result?

The forced registration version produced far more revenue. Why? Because his client actually followed up. When you have systems for immediate response, forced registration works. When you do not, every lead feels like a waste of money.

Before you worry about which platform to use, fix your response time.

Speed always wins.

 

3. Match your marketing to your muscle

 

Some agents thrive on referrals. Others are built for the grind of lead follow-up. Both are valid, but they demand different systems.

If more than 70 per cent of your business comes from repeat or referral, cold internet leads will frustrate you. You are used to trust being handed to you. Online leads require you to earn it.

That means shifting focus from getting leads to nurturing them with emails, retargeting, and genuine communication. Or, as was said in the episode:

“You might be talking to the wrong people or saying the wrong things to the right people.”

Know which problem you actually have.

 

4. Use content as the quiet closer

 

The agents winning long-term are not just buying attention. They are building authority. They use YouTube, newsletters, and local guides to make clients say,

“You’re the one I already trust.”

Think of content as the long-game version of forced registration. Every piece teaches people how to trust you before you ever meet. Start with one question you hear weekly, like “Should I buy or sell first?” or “How do I price my home in this market?” Record a short, honest video answering it. Then repeat.

Twenty of those will do more for your business than most lead services ever will.

 

5. Build systems before you buy leads

 

Forced or non-forced. Facebook or Google. Cheap leads or high-intent leads.

None of it matters if you do not have a process to handle what happens after the click.

  • Map your response sequence (text, call, email).
  • Automate what you can.
  • Measure your follow-up attempts per lead.
  • Train yourself or your team to close the gap between “interest” and “conversation.”

Topuz said it best:

“If you’re paying for traffic, you can’t afford not to have forced registration, but only if you actually follow up.”

 

Final thought

 

The agents who win are not better at generating leads. They are better at owning their process.

If you finished this article thinking, “Okay, I can tighten that part of my system,” good.

That is the point.

But if you want to hear the full conversation, including Topuz’s test data and how we would each build an online lead machine from scratch, you will want to watch the full episode.

Watch here:

Don’t miss the next episode of The Leads are Sh*t!

The leads aren’t the problem, the strategy is. Leads Are Sh*t is your weekly deep dive into smarter real estate marketing to help you attract, convert, and close more deals.

📅Live every Thursday at 2:00 PM EST. 🎥 Don’t miss out! Click here to secure your spot.

Related Posts

The post What separates agents who close from those who complain appeared first on REM.

]]>
https://realestatemagazine.ca/what-separates-agents-who-close-from-those-who-complain/feed/ 0
What Realtors can learn from a live pitch competition https://realestatemagazine.ca/what-realtors-can-learn-from-a-live-pitch-competition/ https://realestatemagazine.ca/what-realtors-can-learn-from-a-live-pitch-competition/#respond Mon, 13 Oct 2025 09:00:06 +0000 https://realestatemagazine.ca/?p=40538 Authenticity, preparation, and empathy – not polish – are what truly win listings, whether you’re on stage or at the kitchen table.

The post What Realtors can learn from a live pitch competition appeared first on REM.

]]>

The best real estate lessons rarely come from textbooks. Sometimes they happen live — under bright lights, in front of judges, and with three minutes to prove your worth.

That was the case in Halifax, where The Leads Are Sh*t hosts Taylor Hack and Andrew Fogliato, owner of Real Estate Magazine, recorded their first-ever live episode from the Re/Max Nova office. The two broke down what happened during a high-stakes listing pitch competition and what every Realtor can take away from watching top agents perform — and sometimes stumble — under pressure.

Here are the highlights.

 

Authenticity beats polish

 

On stage, agents had three minutes to convince a panel of judges — and the audience — that they deserved the listing. Some froze, others thrived. The biggest difference wasn’t experience level or production volume. It was authenticity.

The contestants who dropped the script and spoke like real people connected faster. They didn’t hide behind jargon or rehearse-perfect phrasing. They acknowledged nerves, joked about the setup, and let their personality come through.

In real estate, clients don’t hire a pitch — they hire a person. The more human you sound, the faster people trust you.

 

Preparation wins when pressure hits

 

A few contestants had the advantage of hearing early feedback from judges before their turn. Others went in cold, discovering the property only moments before stepping up to the mic. The takeaway? Those who had trained their fundamentals adapted fastest.

Practice doesn’t make you robotic; it makes you reliable. The same applies to listing appointments. You can’t predict every objection, but if you’ve rehearsed how to tell your story, explain your process, and handle curveballs, you’ll stay composed no matter what happens.

As Andrew put it, “You can’t fake the reps.”

 

Every pitch is a test of empathy

 

The Halifax competition used a celebrity property — Connor McDavid’s home — as the scenario. Contestants had to tailor their pitches around discretion, privacy, and reputation.

That twist revealed a truth about real estate: every listing requires emotional intelligence. Not every client wants visibility. Some value privacy over exposure. Some want reassurance, not marketing buzzwords.

Top agents read the room quickly and adjust their tone. The best listing presentations feel customized because they are.

 

Sell the process, not the promise

 

One of the lessons that came up repeatedly was that agents who outlined how they work — their process, their preparation, their steps — outperformed those who focused only on results.

Sellers aren’t just looking for the highest price; they’re looking for confidence. They want to feel that you’ve done this before, that you have a roadmap, and that you’ll guide them through each stage without surprises.

Certainty sells better than superlatives.

 

Win at the kitchen table

 

While the pitch battle was entertaining, the real magic still happens at the kitchen table. The agents who stood out most weren’t the most theatrical — they were the ones who could make you believe they’d earn your trust across a coffee mug, not a microphone.

That’s the key difference between performing and connecting. Stage presence might win applause, but real connection wins listings.

 

Sharpen your skills before you need them

 

One of the best takeaways from the conversation was to practice pitching in different scenarios: the divorcing couple, the downsizing retiree, the overwhelmed first-time seller. Each requires a different rhythm and language.

The goal isn’t to memorize scripts — it’s to build range. When you can empathize with any situation, your confidence shows up before you do.

 

The takeaway

 

The Halifax pitch competition was more than entertainment — it was a masterclass in what makes real estate agents compelling.

The agents who stood out:

  • Showed authenticity instead of perfection
  • Prepared deeply so they could pivot under pressure
  • Adapted with empathy to the situation at hand
  • Sold process, not promises

As Taylor and Andrew put it, the business isn’t just about who can speak best on stage — it’s about who can build trust fastest at the table.

The next time you prepare for a listing presentation, remember: you don’t need to win a competition. You just need to make the seller feel like they’ve already chosen the right person.

Watch the full conversation on The Leads Are Sh*t:

 

Don’t miss the next episode of The Leads are Sh*t!

The leads aren’t the problem, the strategy is. Leads Are Sh*t is your weekly deep dive into smarter real estate marketing to help you attract, convert, and close more deals.

📅Live every Thursday at 2:00 PM EST. 🎥 Don’t miss out! Click here to secure your spot.

Related Posts

The post What Realtors can learn from a live pitch competition appeared first on REM.

]]>
https://realestatemagazine.ca/what-realtors-can-learn-from-a-live-pitch-competition/feed/ 0
The future of listing presentations: Credibility, case studies & trust https://realestatemagazine.ca/the-future-of-listing-presentations-credibility-case-studies-trust/ https://realestatemagazine.ca/the-future-of-listing-presentations-credibility-case-studies-trust/#respond Mon, 06 Oct 2025 09:00:22 +0000 https://realestatemagazine.ca/?p=40436 Discover how to transform your listing presentations by building trust through storytelling, emphasizing certainty over price, and creating engaging experiences for sellers.

The post The future of listing presentations: Credibility, case studies & trust appeared first on REM.

]]>

The traditional listing presentation is evolving. Sellers today are more informed, more cautious, and more emotionally invested in the process than ever before. Winning their business is no longer about who can talk the fastest or show the flashiest comps. It is about who can build trust in the shortest amount of time.

In the latest episode of The Leads Are Sh*t, Andrew Fogliato and Taylor Hack explored how agents can rethink their pitch, whether in a living room, on stage at a competition, or online in front of thousands.

Here are the key takeaways:

 

Lead with story, not data

 

People remember stories, not spreadsheets. A seller is more likely to trust you when they hear about a family like theirs. It might be parents who needed more space, downsizers worried about timing, or a couple navigating a divorce. Storytelling creates empathy, which builds the foundation for trust long before numbers enter the conversation.

 

Certainty is more persuasive than price

 

Most agents default to talking about price. Sellers are not looking for a number as much as they are looking for certainty. They want to know you have guided people like them through uncertain markets before. When you show a clear, step-by-step process backed by results, the specific number becomes less important than the confidence you inspire.

 

Sell the experience, not the features

 

Marketing plans and checklists do not win clients. What sellers care about is how the experience will feel. Will they be surprised? Will they be stressed? Will they be supported? The best presentations make it clear that there will be no guesswork, no black holes of silence, and no confusion. Sellers want to know what is coming before it happens.

 

Turn presentations into assets

 

A listing presentation does not need to happen only in the living room. Record a version once, polish it, and publish it where sellers can watch before they ever meet you. That way, the pitch begins long before the appointment. Instead of repeating the same talk over and over, your presentation becomes a scalable marketing asset that warms leads before you walk in the door.

 

Win hearts first, then back it with proof

 

Sellers make decisions emotionally, then justify them logically. A great presentation acknowledges their stress, their hopes, and their urgency. Once that connection is made, back it up with case studies, reviews, and results. “We have done this before” lands much more powerfully when it comes after “We understand what you are going through.”

 

The takeaway

 

The future of listing presentations is less about price charts and more about positioning yourself as a trusted guide. The agents who win will be the ones who:

  • Tell stories that resonate
  • Provide certainty in uncertain markets
  • Make sellers feel understood
  • Leverage content at scale
  • Balance emotional connection with credibility

Done well, a presentation is not just about securing the listing. It is about creating a relationship that carries all the way through to the sale and beyond.

Watch the full conversation on The Leads Are Sh*t:

 

Don’t miss the next episode of The Leads are Sh*t!

The leads aren’t the problem, the strategy is. Leads Are Sh*t is your weekly deep dive into smarter real estate marketing to help you attract, convert, and close more deals.

📅Live every Thursday at 2:00 PM EST. 🎥 Don’t miss out! Click here to secure your spot.

Related Posts

The post The future of listing presentations: Credibility, case studies & trust appeared first on REM.

]]>
https://realestatemagazine.ca/the-future-of-listing-presentations-credibility-case-studies-trust/feed/ 0
AI is everywhere, but are you using it the right way? https://realestatemagazine.ca/ai-is-everywhere-but-are-you-using-it-the-right-way/ https://realestatemagazine.ca/ai-is-everywhere-but-are-you-using-it-the-right-way/#respond Mon, 08 Sep 2025 20:25:47 +0000 https://realestatemagazine.ca/?p=40309 Discover how to leverage AI effectively in your business. Focus on meaningful conversations over vanity metrics to truly connect with clients and drive results.

The post AI is everywhere, but are you using it the right way? appeared first on REM.

]]>

​In this episode of the Leads Are Sh*t, Andrew Fogliato and Taylor Hack discussed what AI can (and can’t) do for your business, what really gets clients calling and why you should focus less on vanity metrics and more on conversations that convert.

We cover:

✅ How agents are really using AI and why it’s a tool, not a replacement
✅ The difference between vanity metrics (views, likes, open rates) vs. actual clients
✅ Why turning comps into case studies builds credibility in listing presentations
✅ TikTok, YouTube, direct mail, and what actually gets the phone ringing
✅ Marketing vs. sales. Where to draw the line and find your balance

Missed it live? Watch the replay below.

 

Don’t miss the next episode of The Leads are Sh*t!

The leads aren’t the problem, the strategy is. Leads Are Sh*t is your weekly deep dive into smarter real estate marketing to help you attract, convert, and close more deals.

📅Live every Thursday at 2:00 PM EST. 🎥 Don’t miss out! Click here to secure your spot.

Related Posts

The post AI is everywhere, but are you using it the right way? appeared first on REM.

]]>
https://realestatemagazine.ca/ai-is-everywhere-but-are-you-using-it-the-right-way/feed/ 0
From ‘stale’ to sold: How to refresh an old listing https://realestatemagazine.ca/from-stale-to-sold-how-to-refresh-an-old-listing/ https://realestatemagazine.ca/from-stale-to-sold-how-to-refresh-an-old-listing/#comments Wed, 04 Jan 2023 05:03:11 +0000 https://realestatemagazine.ca/?p=19997 Do you have a listing that won't sell? It may be time to get creative with a fresh approach and new marketing strategy

The post From ‘stale’ to sold: How to refresh an old listing appeared first on REM.

]]>
Listings aren’t selling the way they have in the past couple of years. 

Many newer agents have never seen a market like this where listings on the market start to become “stale.” The longer they sit, the more people begin to think something might be wrong with it, making it harder to sell.

This can be frustrating for both the agent and the seller, but it is important to remember that all properties can be sold with the right marketing strategy.

 

Why is it stale?

 

Before implementing any marketing strategies, you must first identify the cause of the listing being stale. Otherwise, you’re just guessing what might work instead of being the expert and approaching it the right way the first time. 

So, what is the most common reason a listing has soured? The price. 

The best marketing in the world isn’t going to get someone to overpay for a house wildly. Many sellers look at what their neighbours got 12-plus months ago and want the same, OR they need the same to avoid losing money.

The price is your top marketing tool. You need to get your sellers on board with the right price, which is a topic for another day.

For the purpose of this article, let’s work on the assumption that you’re working with the correct price; now, you have to look at how it’s being presented. 

 

Best foot forward

 

Is the property staged and showcasing its highest and best use? Are there minor repairs that need to be done, so it doesn’t come off as a burden to a potential buyer? 

Sometimes, temporarily taking it off the market, giving the property a series of minor fixes, even a fresh coat of paint, and staging can bring it back. 

Get quality photos and videos done, especially if you’ve refreshed the home inside. You have to put your best foot forward. High-quality images next to a house online, with bad photos taken on an agent’s phone, will be seen more favourably by the public. 

 

Digital Marketing

 

Put an in-depth blog post on your website about the home. Showcase as much as possible about the house; you have as much space as you want there. 

People will read blog posts as long as 2,000 words if they’re spending hundreds of thousands or millions on a home. 

These are also great for ranking on Google since you’re the only one with unique content about the listing itself.

Create social media campaigns, both organic and paid. On the organic side, don’t just share a photo of the house. Do multiple posts and stories highlighting specific cool features of the home. Use those features to tell a story. 

For example, does it have a nice breakfast nook? Post a photo of that and paint the picture for potential buyers of them having their morning coffee there. You’re selling them on the lifestyle, not the four walls they’re buying.

Send it through email to your database. Look for other companies and service providers that send newsletters to their databases and see if you can get them to include your listing. 

Reach out to popular social accounts in your area and publications and see if they’ll feature your home. Worst case, they’ll say no. 

Go to niche audiences. For example, when I sold real estate, a home had an outdoor hockey rink with two-ton chillers that kept it open longer. I shared it online with a bunch of hockey writers with the idea of it being a hockey fan’s dream home. A few of them shared it. 

It added an extra 20,000 impressions of the house and only cost the time of reaching out.

 

Go deep– not wide

 

You most likely have a pretty good idea of who the most likely buyers are. Host an event that would appeal to the potential buyer. 

It could be bringing in a chef and doing a cooking demo in the kitchen. If you know specific agents in your market who’d have the buyer, invite them for a professional development event. They can simultaneously spend time at the house while getting something out of it. 

Using the example I shared above of the home with the hockey rink:

If I were to market it today, I’d even consider hosting a small charity hockey tournament. Someone paying for a house with a hockey rink almost definitely plays hockey, so get them there this way. Invite the local newspaper to cover the event,

You’re going deep into the community of people who will likely buy or know the right buyer. This is a time to get creative. Generic open houses won’t always cut it. Sometimes you need to curate and invite a specific group of people. 

This doesn’t mean you’re excluding other potential buyers. You can host multiple events for the different buyer groups who are likely to buy. 

Don’t limit yourself. It also has the added bonus of growing your database and goodwill within the community. Even if they don’t buy that specific listing, there are others they might, or it could create referral opportunities.

 

Offer incentives

 

Look at what home builders do. They offer incentives all the time—different upgrades, better deposit structures, rent guarantees, etc. 

You have options as well. You can offer a 12-month warranty on the home’s systems and appliances through a company like Canadian Home Shield. 

It can give them extra peace of mind, and when deciding between your listing and another similar one, it can give you the edge to get an offer for your clients. 

Listen to people’s objections about the home and look for solutions. Sometimes you have to get creative. You’d be surprised at how often something that may cost only a couple thousand can close a million-dollar deal.

A stale listing that hasn’t sold needs attention. The longer it sits, the lower the price will ultimately sell for. At least for now, the days of homes being snatched up so fast you barely market them are gone. You need to approach this phase of your service to your clients strategically. 

You never want them to think you’re not doing enough to get their home sold. That can kill the relationship and future referrals as well. Be proactive.

If a seller is unrealistic about the selling price and you don’t think they’ll come down, it’s better to turn the listing away than take one that won’t sell.

 

The post From ‘stale’ to sold: How to refresh an old listing appeared first on REM.

]]>
https://realestatemagazine.ca/from-stale-to-sold-how-to-refresh-an-old-listing/feed/ 5