Are you thinking about selling your property and it’s currently a seller’s market? Keep reading this blog post to discover the 5 ways to attract multiple offers in a seller’s market in Fort Wayne…
A seller’s market is one in which the seller has leverage. Often times than not, it means that there are more buyers than sellers: so many buyers are looking at just a few available properties.
Just because you naturally have convenience in a seller’s market, doesn’t necessarily mean you’re home free to sell at massive profit. You should still strive to get as many offers as possible and, in doing so, give you the opportunity to select the greatest offer for yourself.
Why do you want multiple offers? It’s the simple concept of a “bidding war” – if you get one offer, you might feel compelled to take it. But multiple offers allows you to choose from the best one, and even to negotiate from a position of power.
Here Are 5 Ways To Attract Multiple Offers In A Seller’s Market In Fort Wayne
#1. Open House
One way to entice multiple offers is to have an open house. If it’s marketed properly you’ll likely get several people looking at your property within a very short period that could increase the number of offers you’ll get at once.
#2. Price
Even though you may ask for and even get a high selling price, asking for a slightly lower price to attract multiple offers could be a greater plan.
#3. Accept Offers At A Certain Time Only
One way to allure multiple offers is to only accept offers at a particular time. That way, if someone wants to make an offer, they have to comply with your time-frame and you may get multiple offers all at once.
#4. Stand Out
Another way to attract multiple offers is to stand out in some way. Take your property to the next level by making it beautiful, memorable, and desirable. Perhaps even paint the door a striking color so that it stands out. This will make it memorable in people’s minds and they may add their offer to your growing pile of offers.
#5. Targeted Buyers
A very powerful way to attract multiple offers (although it’s often overlooked) is to identify who might be the excellent buyer for your home and then laser-target your marketing to reach them. For example, if you determine that first-time home buyers are ideal then stage your home for that buyer and then laser-target your marketing to reach them.
Summary
In a seller’s market you might regularly attract multiple offers anyway – but the more offers you get, the better. Use these 5 ways to entice multiple offers in a seller’s market in Fort Wayne.
Selling in a seller’s market might seem like the best option but one way to get another offer is to have us give you a cash offer for your house. We’re buying properties in the Fort Wayne IN area and we’d like to make an offer too. Click here now to fill out the form or call us at (260) 220-8715 and we’ll get in touch with our best cash offer.