For the past couple of years in the Toronto Real Estate market, homes have been sold almost as soon as they had been listed (usually at higher than asking price). It’s been a very profitable time for real estate agents and realtors. But now, cooling down of the market has led to a shift into a buyer’s market.
This may be temporary but for realtors, the sales might slow down in the short run. To reduce this impact and to keep improving the sales, they need to adapt to the changes in the market and update their real estate marketing plan.
Here are some proven tips from eprintfast on how to sell in a buyer’s market which includes both traditional print marketing – Direct mails, Flyers, Pamphlets, Lawn Signs etc and digital marketing – Website SEO, Social Media strategy etc.
It’s important to always consider creative real estate marketing strategies to remain on top of the mind of potential clients. Also, be sure to check out the Free Real Estate Marketing Budget Calculator in the end!