Showing posts with label lack of sign limits opportunities to sell. Show all posts
Showing posts with label lack of sign limits opportunities to sell. Show all posts

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.