Monday, May 23, 2011

Real Estate Sign on my Lawn

Q- I am ready to list my house for sale but don't want my neighbors to know so I don't want a sign on my lawn.  Will I be limiting my opportunities to sell?

A - Buyers become aware of properties for sale in several different ways.  One of the ways is by a sign on the lawn.  Buyers sometimes have preferences for certain neighborhoods and will drive around these to see what is available.  This method accounts for 12-14% of the buyers.  A sign on the lawn may also prompt a neighbor/friend to mention it to someone they know that is looking for a home.  This accounts for about 5% of buyers.

Yes you will be limiting your opportunity to sell by almost 20% - a sizeable limitation!  The more people that know that your home is for sale -- the better the opportunity for a sale.

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