Page 23 - Selling secrets 5 18 2023
P. 23

LOCATION MATTERS

        One buyer paid extra for a townhouse because its location
        in the complex overlooked woods instead of the parking
        area. Another  seller  took advantage of the fact that most
        surrounding homes didn’t have yards; only a few shared
        a half-acre grassy area. The owner whose townhouse
        bordered this yard area sold his home for a higher price than
        other townhouses in the complex on the market because he
        had a characteristic shared by fewer than 10% of them. He
        had the only available listing offering that features, and he
        emphasized that feature in marketing his townhome. With
        this attractive difference, the townhouse sold for a higher
        price. Another townhouse seller in the same complex found
        another unique feature. Although she did not have a yard,
        she was still able to use location to her advantage. Her
        property backed up to a lake and a fountain. This unique
        feature helped her to sell her townhouse quickly and for a
        better-than-average price.

        SPOTLIGHTING UNIQUE HOME FEATURES

        Decide upon, improve, if necessary, and spotlight the
        unique features of your home in marketing copy, online
        and print photographs, and when showing the house. Don’t
        spend a lot of time explaining how the storage room can be
        converted to another full bath; instead, lead the dog-
        owning prospect to the fenced-off dog run in the unusually
        large backyard. If the home has a certain feature a buyer
        is specifically looking for, highlighting  this aspect in
        marketing efforts will attract interested buyers willing to pay
        the asking price—or possibly more.





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