ReFrame the Sale Process
Auction Plan in Real Estate Auctions (Full Article)
By Myers Jackson, CAI, AARE, CES Real Estate Auctioneer and Broker
A professional real estate auctioneer’s first step in conducting a successful real estate auction is focusing on the marketing plan. The foundation of a strategic and exciting marketing campaign can hold dramatic results for real estate auctions. The plan incorporates aggressive techniques and creates urgency for qualified buyers that have immediate needs to participate in real estate auctions. The marketing is designed to place the attention of real estate being offered at auction in the forefront of tough marketing applications over that of competitors. Although real estate auctions produce a qualified purchaser that competitively bids and signs a non-contingent real estate contract in a one day event, the marketing period is a 30 day process.
The plan is laid out to start with search engine optimization (SEO) A search engine strategy is applied and analytics are reviewed on a day-by-day basis to ensure quality control. When necessary, adjustments may be made to increase effectiveness. Search engine strategies are a defined mix of Internet advertising, digital media and social media optimization. Traditional methods are still vital and incorporated to enhance the final results. By including everything from signs to viral marketing, an auction plan is a great benefit for sellers.
Every online real estate auction or live real estate auction event starts with a well developed plan. If you represent a seller or you are a seller of any type of real estate, begin with an experienced auction company that can define aggressive marketing techniques. Your first step in selling the real estate of your choice begins today. Click here to contact a well-educated and experienced auctioneer that will produce results for you.
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