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Classifieds vs. FSBO Professional
Marketing
"We're just going to 'try' it in the classifieds first and 'wait'
and see what happens"
"baby boomers are coming here to retire"
"Our property is the best on the street"
"There's no inventory"
.......Sound familiar?
Q) Why do Classified FSBO listors have a 99% Failure Rate?
A) Their patients wear very thin very fast. A classified listor will get
excited when the phone rings a half dozen times a day from a small classified
ad.
They are willing and eager to answer the same buyer questions over and over
and over...."it's a 3 bedroom 2 bath with great views, large living area,
large lanai, large yard with great landscaping".... Is it any wonder after 2
or 3 months of trying the classifieds that sellers tire when
the next buyer calls
and asks the same redundant questions?
Why pay For Sale By Owner-Magazine $895 for an ad when a tiny
classified ad is only $6. After all, that guy Don Lapre on late night TV says
you can become rich with "tiny classified ads." Well, if a classified
listor is at least as good as a full-time real estate agent, the classified
listor will end up
spending over $1,200 on classified ads since agents take 175 days
on average to get a property sold (MLS Sold Statistics).
Is it any wonder why "classified FSBO's" have a 99% failure rate.
Spending $6 vs. $895 for an ad... on the
surface looks like an easy choice, however, most owners are not marketing
experts nor do they get the same
marketing exposure with a "tiny classified
ad" compared to the comprehensive non-stop photo marketing system that we offer,
plus all the items we include
as part of the marketing package, are
designed to ensure your success as a "By Owner" seller, not to mention a 100% rebate guarantee that we offer!
The typical classified ad caller will ask all the questions of the owner
that could have been answered in 3 seconds with our post card sized color photo ad
(a picture is worth a thousand words) in the
For
Sale By Owner Magazine. Do you really want to explain for half an hour 10 times a day to any
caller,
trying to imagine what your property looks like or has to offer? Wouldn't
you rather have massive marketing working for you to instantly qualify an
interested buyer as well as disqualify a non-buyer? Classified ad callers are
generally lazy and want an un-realistic deal (like the late-night TV real estate
guru guy said they can get
from the Classified FSBO's). They rely on hours of your time trying to imagine what your property
looks like or has to offer.
Classified listors are so excited that their phone is ringing,
they'll typically invite just about anyone (qualified or not) to the property time and
time again.
Unfortunately the most typical classified listor problem is
when one of these classified buyers ties up the property in escrow for months only to have
it
fall out of escrow. With the
current slowing market, we've seen many times, buyers tie up property for months
only to fall out of escrow because the seller
failed to adequately qualify their
buyer or over priced the property and the appraisal came in lower vs. the
asking/contract price, then the classified listor has
to start over having stopped their advertising when escrow
was opened. And how much value did the seller loose, and how much more paid in
holding costs.
Is it any wonder why
"classified FSBO's" have a 99% failure rate.
The worst and most typical classified listor problem is the fact that
most sellers are 'just trying the classifieds first just to see.' The
problem is the
buyers already know that most classified listors are trying to
get a sucker price 'just to see.' When it doesn't happen, the seller may get
serious about selling
and price it more realistically with us.
Many of our sellers have purchased our non-stop marketing program simply to generate
back-up buyers, sort of like FSBO insurance to give sellers
piece-of-mind
and the confidence to lead their buyer rather than the classified
buyer leading the classified listor down the wrong road.
Why does our FSBO SYSTEM work so well?
Because of our 5 step self qualifying buyer process...
1) Buyers these days shop 'For Sale By Owner" first because they
know agent listed properties are priced 6% over the sellers' net price.
2) A buyer picks up our real estate specific magazine and finds a
property
they are interested in
3) Buyers go to our web sites to see more photos of the property
4) Buyers drive by to see the property and get a feel for the neighborhood
5) At this point, only seriously interested buyers are calling the seller to
do a final walk-through and make an offer.
Our sellers are more successful period! Our buyers act quickly because of the
vast number of qualified buyers and agents picking up our magazine,
seeing our
signs all around town in the sellers yards, picking up info flyers and viewing our web sites.
Our FSBO sellers have a 90% success rate in 6 months or less
(typically 1-2 months), compare this
with the 99% failure rate for classified listors.
Use our complete professional For Sale
By Owner marketing system, not the for sale 'by loner' tiny classifieds.
Is There Any Comparison Really?
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vs. |
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Photo ad package, $895* one time fee, runs until sold |
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Tiny classified ad, over $1,200 spent after 3-4 months |
Let's settle the overlooked differences right now.
| Comprehensive FSBO Photo
Marketing |
Tiny Classified Ad |
$895 one time fee, large photo marketing runs until sold
*Starting at $895, B&W Economy Ad (1/8th page color ad
shown). |
Continue to pay $6 a day for 3-4 months
(before giving up) paying well over $1,200, for a "tiny classified ad" |
| Guaranteed non-stop marketing runs every day, every week, every
month until sold |
Break in marketing when owner forgets to renew and
pay for daily ad |
Even when offer is accepted,
marketing continues non-stop to generate
back-up offers |
Seller stops ad once a buyer
expresses interest |
| 100% rebate guarantee |
No rebate guarantee |
| Photo ads pre-qualify buyers |
Take many calls from un-qualified
non-buyers |
| Easy to read large color photo ads |
Need magnifying glass to read tiny B&W ads |
| Every property shown with photos |
No photos, except surrounding
agent glamour photos |
| Optional color photo ads, $195 for 3 months
(add to 1/8th page ad price) |
Optional color photo ad: pay for the photos, plus $575.00 for
each day
of color, pay for color separations |
| Optional MLS $795 |
No MLS! |
Additional seller tools, signage, how to book, flyers,
internet marketing,
contracts |
No tools |
| Referrals to real estate
professional's to assist in the transaction's timely close |
No referrals |
| Internet SuperSite marketing until sold |
No internet listing, or pay extra per day |
| Internet SuperSite gives info on
"How To" purchase "By Owner" |
No info on how to purchase, buyer
is more likely to involve an agent at
sellers' expense |
| Magazine read specifically by over
100,000+ real estate buyers |
Classifieds read by unemployed, renters,
non-buyers, agents looking to
convert FSBO's to list |
| Marketing exposure is Statewide, Nationwide
and Worldwide |
"Tiny classified ad" stays on
Island |
| Nationwide FSBO organization promoting each FSBO
publishers magazine, in 2.5 million monthly magazines |
No Nationwide promoting, tiny ad in one publication
only |
| Magazine kept by readers |
Classifieds tossed out with yesterdays old news |
| Professional marketing consulting
service |
No consulting, ad order taking
service only |
| Proactive about marketing |
"Trying it out" |
| Our sellers are serious about selling |
"Waiting to see what happens" |
Since we offer MLS marketing
with ZERO listing commissions,
fewer attempts made by "listing agents"
to "get the listing" |
Classified ad people are easy targets to convert to a
full 6%
"listing" |
| Sellers working within a
professional system |
Owners left wondering what to do every step of the
way |
| Buyers working within a
professional system |
Buyers left wondering if owner knows
what they're doing |
| 99% success rate in 4 months or less |
99% failure rate for classified
listors |
Q) What about a classified ad and add the MLS?
A) Sorry, we don't offer the MLS on its own. Since the success rate with a
classified ad is only about 1%, the only way you would sell is from the MLS,
you'd end up paying a commission for sure. So the real question is 'why pay
anyone for the MLS, just for the right to pay a 3% buyers agent commission?'
Essentially you'd be paying someone to work
against you, to get the lowest price for their client, get you to give up many
more concessions on the home
inspection... and worst of all, 'MLS only listors' end up pricing their property
3% too high (to cover the cost of a buyers agent commission). Ok, if you still insist on running a tiny classified ad, there is one
reason and one reason only, it's to advertise our web site FSBO-world.com as
an additional
line in your classified line ad, this directs the reader to our web site showcasing
your property with a larger ad with color photos and a detailed
description,
plus information on how buyer's can qualify and purchase your property "By
Owner."
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STILL USING THE CLASSIFIEDS? |
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GUESS WHO ELSE IS? |
Call our marketing department at:
Maui 877-NOT6
(877-6686),
Oahu 678-0303,
Big Isle 329-6606,
Kauai 245-9449 or
email
and start your photo marketing package today! Don't wait, start today!
Disclaimer For Sale By Owner Magazine
is strictly an advertising medium. We are not real estate agents nor are we
acting as such.
We do not represent any seller or buyer in any way nor are we in the business of
giving legal advice or providing any real estate forms.
We do not do open houses or agent caravans. Any real estate agent services
mentioned herein are offered through State Licensed
Real Estate Broker(s). All properties described herein are based solely on the
sellers own description, we make no representation
as to the accuracy, availability, title, ownership, authorization to sell, use,
property condition, easements, restrictions, claims, lawsuits,
liens, value or zoning. We make no representation the advertising and marketing
services herein will generate too few or too many
calls nor guarantee the sale of any property. Publisher in no way shall be held
accountable for any shift in the market, losses, theft,
damage, network down time, phone calls not returned or injury Customer may incur
before, during or after marketing Customer
property. Customer agrees to have or keep current any homeowners insurance
policy and/or at their own expense protect and
indemnify Publisher from any such Customer, visitor, renter, potential buyer or
buyer losses.
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