A Guide to Business

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Fair Market Property Value

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If you are thinking about selling your property ofeven about renting it, you need to market it well, to get a good price. Withoutan effective promotion, your property will not fetch you enough money, nomatter how good it is. There are many people who hire agents and consultants tomarket their property in a professional manner. Many times, it is believed thatsuch a professional marketing can give you the best results and fetch you oneof the best values.



 

However, as the property is your own, you canprobably market it best. You know the features and advantages of your home, andcan explain it to the prospective buyers in the best possible way. With a goodmarketing campaign any kind of property can be sold profitability. So, in caseyou are thinking about giving your property on rent or selling it, you need tofollow some good marketing strategies and tips.

 

  • Your first step will be to prepare a list of features of your property. Make sure all important features, that can lure buyers are well mentioned in the list. This list will definitely include features like swimming pool or central location of the home, that can be an added advantage and lucrative for any buyer.
  • If your home is not in the best of conditions, then you need to upgrade your home, before you put it up for rent or sale. . The best option is to give a clean and fresh paint to your home. Just clear up all the cobwebs and dust that are present in the home. These are some of the best ways to make your home look good. If there are worn out carpets and curtains in your home, you need to wash and replace them.
  • You need to spread the message in your neighborhood, that you intend the sell the property or that you wish to let it out. While doing this, you can highlight several features of your properties that can be lucrative for many. A good idea to spread the news is to distribute flyers, across neighborhoods that can bring in many prospective tenants and buyers.
  • Try to talk about your property to as many people as you can. The more people know about your property, the more prospects you gain. You get a wider choice if you are thinking in terms of tenants or prospective buyers.
  • Many buyers often think about financing problems. So why not offer them a finance option? Offer them an affordable down payment option that shall ease their problem to a certain extent.
  • Home warranty is also a lucrative offer. You can give them a peace of mind, if you are able to convince them, that they do not need to spend much in the repairs and renovation of their home, in the next few years.
Fair Market Property Value
If you are an estate agent in Spain, then you will not need to be told about internet marketing because you probably get enquiries every day from companies telling you how they can provide leads through this portal or that. Spinning you with figures about how many hits their website is getting and their page 1 ranking for this key phrase or that keyword.

To the novice, this all sounds too good to be true and can be a little daunting. The jargon of the internet only becomes aware to those of us who use it, when you try explaining something to your grandparents and get a blank faced response of 'Yes Dear'. It's a humbling experience!

So lets explode a few myths, explain some jargon and give you, the estate agent, the tools required to ask the right questions, so that when you are spending your money on internet related exposure, you are getting the right exposure, in the correct market to attract the buyer clients you want.

I am using the Costa del Sol as an example, but is good for most property markets in Spain.

The first question to ask is where do your clients come from?

On the Costa del Sol the largest proportion of buyers come from the UK. So the market you should be targeting exposure in should be the UK Search Engines of the major companies. As Google owns about 70% of all the search traffic then we will focus on Google, but do not dismiss Yahoo and MSN who carry the majority of the rest. 30% is still a lot of traffic.

If you are searching on a computer in Spain and type in Google you will be sent to Google Espana, the Spanish version of Google. This is the most common mistake most people make. These results are NOT what people in the UK see when looking for Spanish Property. This is not the version of Google you will find if you type in Google from a computer in the UK. The results from any search will be different on Google Espana where the majority of searches are for words and phrases in Spanish.

To check the results on Google UK, you need to specify www . google . co. uk . This will give you the results that your buyers are looking at and is where you will need to be seen if you want to attract their business.

The second question is how does the potential website that is after your money rate in the scheme of things.

One of the best comparative measures is the Alexa ranking of a website. Alexa(dot)com ranks millions of websites and rates them in terms of worldwide traffic. The LOWER the alexa ranking figure, the more important the website is, in terms of the amount of visitors it receives.

One note of caution. When you compare websites in terms of the amount of traffic they receive, be sure that the website is property only related. A website that acts as a directory for everything Spanish may have lots of traffic and a good alexa ranking, but if only 5% of that traffic is looking for property with 95% looking for the best place in Spain to buy a toothbrush, then.... well you get the point I am sure.

The other measure of traffic is the number of unique visitors a website receives. This is NOT the same as the number of hits a website receives. If fact I would be bold enough to say that anybody that tries to sell you something on the back of the number of hits their website receives should be dismissed immediately. Why?

Well, a hit on a website page counts the number of images exposed on a web page and is not a reflection of the number of people that visit that page.

A webpage may have 25 pictures or other images on it. Every time a person visits that page it will register as 1 unique visitor or 25 hits. People who sell on the back of their hits per day figures are trying to mislead you and blind you with zeros.

Unique visitors on the otherhand will give you a good indication of how many people are visiting any particular site. Add to this the average page views per visitor, a figure that shouls easily be available in this day and age of Google Analytics and you are well on the way to getting an understanding of which websites matter and which don't.
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About Author
Both Rahul & Neil Ebsworth are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Rahul has sinced written about articles on various topics from Internet Marketing, Travel and Leisure and Real Estate. Jason Sands is an experienced property investor and over the years he has gained good insight and valuable information on how to market your property. Some good buying opportunities are the. Rahul's top article generates over 90500 views. to your Favourites.

Neil Ebsworth has sinced written about articles on various topics from Interview Questions, Site Promotion and Marketing. Neil Ebsworth is co-founder of AMLA The MLS and founder of. Neil Ebsworth's top article generates over 49500 views. to your Favourites.
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