1. real estate sales: What is the best way to advertise when it comes to selling a property?

The more extensive an advertising campaign is, the better the results it will generally achieve. On the other hand, more advertising naturally also means more time, energy and costs.

Of course, it is important that the exposé is prepared accurately. An attractive and high-quality exposé will attract significantly more potential buyers.

Checklist - ways to advertise a property 

Online advertising strategies

  • Internet portals
  • Social-Media

Offline advertising strategies

  • Newspaper advertisements
  • Sales signs
  • Neighborhood letters/direct contacts
  • Flyer

Online advertising strategy:

1) Internet portals

Nowadays, the Internet forms the basis of every real estate search. All important information is presented in a simplified manner and at a glance. The content of various portals can in turn be shared directly online. The reach that is achieved here is very large.

Advantages: Reach, long-term, flexible ad format, videos, texts, photos, etc.

Disadvantages: No personal initial contact

Offline advertising strategies:

1) Newspaper advertisements

Newspapers also offer a high reach, i.e. they inform as many potential buyers as possible about the first and most important key data of a property, with the subsequent option of further information. However, newspapers only cover a certain part of the population. Therefore, attention should be paid to the selection and chosen wisely.

Advantages: Data protection, specific target group (especially older people)

Disadvantages: Limited reach, fewer and fewer people read the newspaper, only short-term advertising, Display one-sided

2) Sales signs

Interested parties may notice a real estate offer by chance as they pass by the property for sale. Potential buyers are often located at future destinations, so a sales sign often appeals directly to the right target group, so it should not be overlooked. At the same time, potential buyers can immediately get a first impression of the property.

Advantages: Cost-effective, targeted environment

Disadvantages: Not discreet, short range

3) Neighborhood letters/direct contacts

Potential buyers often search in the immediate vicinity. This means that there is a good chance that a potential buyer is looking for a new property in the immediate vicinity. However, this option naturally involves a little more effort.

Advantages: Cost-effective, direct approach

Disadvantages: Limited range

4) Flyer

However, flyer advertising can also be used to generate a buyer at a slightly greater distance from the property. It is possible to distribute informative flyers in a wide variety of places and thus attract the attention of various interested parties. At best, the flyer consists of a detailed exposé of the property in order to trigger a large number of inquiries due to the depth of information.

Advantages: Can be used in flexible locations, detailed display of images and information possible

Disadvantages: Time-consuming, target group unknown, short-term advertisement

5) Other advertising opportunities

Vehicle lettering, television advertising, radio advertising, Facebook, Twitter, Instagram, newsletters, etc.

KBC Real Estate offers you an individual combination of all possible advertising strategies, both online and offline, in three different languages (English, German, Chinese).

Thanks to many years of experience in the real estate market, KBC Real Estate has an extensive customer base from various countries. Above all, we have targeted access to solvent real estate investors from China. Would you like to develop the right advertising strategy without spending a lot of time? We are at your disposal at any time!

2. Viewing an apartment/flat: How do I achieve an optimal presentation?

The most important facts at a glance

  • Properly maintaining your property both inside and out
  • Preparation of the necessary documents
  • Preparation for possible questions during the house/flat inspection
  • Properly maintaining your property both inside and out

It goes without saying that the property for sale must be presented in a clean condition and there should be no unnecessary items lying around. Then, according to experts, the selling price can be increased by as much as 5 to 15 percent. In order to be able to show prospective property buyers viewing a house the most attractive property possible, homeowners should consider the following:

The outdoor area:

1) Pavement/footpath and exterior façade: Weeds, greenery or overgrowth on concrete surfaces and paved paths should be removed. Possible tripping hazards, especially on paths or stairs, pose a danger and should also be removed. This can be done by repairing stair railings or steps.

2) Entrance area: Good, functional lighting is particularly important in the darker months of the year. Details such as the doorbell, letterbox or even the nameplate should look clean and appealing.

3) Veranda, terrace, loggia, outdoor seating area: The overall appearance can be made more appealing with flower boxes or plants. The healthy condition of the plants and flowers as well as the overall condition of the area should be taken into account.

4)Green area/garden: The lawn should be mowed and dark areas should be reseeded. Hedges and shrubs can be trimmed and green areas or flower beds cleared of unsightly weeds or leaves.

5)Covered parking space: Damaged or weathered components such as leaking roofing or chipping paint etc. should be replaced or repaired.

6) Unnecessary, especially private accessories should be removed or put away. Unsightly objects such as garbage cans should preferably be stored in the garage or behind a suitable cover.

The indoor area:

1) As a general rule: Cleanliness and a well-maintained condition convey a good impression. This means cleaning the windows without streaks and freshly washing all curtains. As much natural daylight as possible through open curtains and blinds generally makes a bright and friendly impression. Clever lighting, possibly in addition to daylight, not only makes rooms look inviting, but also larger.

2) Decoration, personal items: Private and intimate objects and accessories such as photos or personal decorative items should be removed before a house viewing in order to create a neutral impression.

3) Wliving room and bedroom: If you want a room to appear larger, it is important to minimize the amount of large, heavy furniture. Opening curtains floods a room with light and also makes it appear larger. Decorative accessories as well as everyday items such as an ironing board should be stowed away. Beautiful bedspreads also enhance the look of beds.

4) Dining area and kitchen: If the fitted kitchen is also sold, care should be taken to ensure that all cupboards, shelves and drawers are clean. The surfaces should also be in perfect condition. The fronts and worktops, as well as electrical and household appliances such as the oven or fridge, should be thoroughly cleaned.

5) Bathroom/guest WC: Particular attention should be paid to the cleanliness of the sanitary facilities. Attention should be paid to removing dirt, soap residue or limescale deposits. Older shower curtains or toilet seats etc. should preferably be replaced with newer, clean items. To prevent unpleasant odors, the room should be well ventilated. Use neutral room fragrances.

6) Storage/cellar rooms, storeroom: Here too, trip hazards such as furniture or toys need to be removed. If the storage rooms are tidy, they appear larger. Dirt in the cellar or attic caused by cobwebs or dust should be removed. Ensure good lighting. Access to the supply boxes (water, electricity, gas) must be unobstructed.

7) Keeping pets: Leftover food, crumbs and chewing bones can cause unpleasant odors and should therefore be removed. Pet hair on upholstery or carpets also quickly looks unkempt. Clean beforehand. Attention should also be paid to scratch marks on walls or floors.

Preparation of the necessary documents:

Although the digital exchange of information is widespread, most prospective buyers expect to be able to hold the information about the property in their hands when viewing a property. The owner should comply with this request. KBC Real Estate recommends the following regarding the content of these paper documents:

  • Scheduling of viewing appointments
  • Important factor: daylight
  • Rented property - Find dates
  • Upgrade your home for salef
  • Stress-free viewing - time for questions
  • Honesty lasts the longest

Scheduling viewing appointments

When it comes to appointments or the times for a house viewing, you should give some thought to this in advance. If you are selling the home you live in yourself, you have everything in your own hands. The situation is different if you want to sell your rented property. In this case, you will need to find dates with the landlord or landlords that suit everyone.

Important factor: daylight

When selling real estate, a small detail can make the difference between success and failure. The right time of day for the viewing can ensure success. After all, daylight has a decisive influence on the effect of rooms. Whether it's the bathroom, kitchen or living room: the brightness that comes in through the windows from outside makes for a much more attractive appearance than artificial light. Even if prospective buyers don't notice or feel this directly, their subconscious definitely picks up on the friendly aura of the rooms. As a seller, you should also be aware of the times when high levels of traffic noise could be disturbing. Avoid appointments for viewings at these times.

Rented property - Find dates

As mentioned above, when selling a rented property, you must arrange the viewing appointments with the tenants. This automatically means that the tenants must be informed of every viewing. A look at current tenancy law shows that tenants may not refuse to enter their apartment for the purpose of the sale. However, you must offer alternative dates if the dates you propose are not feasible. In the interests of domestic peace, it is always advisable to find a solution that is acceptable to all parties. Above all, tenants should know what to expect and how many appointments may be necessary. This way, the current tenants will also present a tidy apartment. It goes without saying that tenants should keep an eye on their valuables or lock them away during a viewing appointment. As prospective tenants are allowed to take photos and videos during viewings under current law, it is important to pay particular attention to tenants' privacy.

Upgrade your home for sale

Everyone knows that emotions play an important role when buying. So as a seller, you need to show your property from its best side. When viewing a property, you should proceed according to a script. This can differ from property to property. If there are many attractive rooms to show, there is little to worry about. Otherwise, the seller should pick out specific focal points that they would like to focus on during the tour of the house. This also makes it easier to gloss over weak points. If you want to have your property professionally upgraded, you can call in a home staging specialist (external link) to enhance the appearance of a house so that it makes the best possible first impression. If you don't want to take care of all these things personally, you can call in a real estate agent who knows all the ways in which a house sale can be handled professionally.

Stress-free viewing - time for questions

If you want to handle the real estate sale yourself, you should not underestimate the time required. Valuable prospective buyers need more time for the viewing because they are actually interested in the building or apartment and are not just onlookers. And serious prospective buyers may have a few questions that you should be well prepared for. This requires you to have more detailed knowledge. For example: It would not be good if you could not provide any information about your gas or oil consumption. You should also be able to explain all the renovation measures, etc. Avoid any time pressure at all costs.

Honesty lasts the longest
Every property has strengths and weaknesses, and some have more or less major flaws. It is legitimate for anyone trying to sell a property to emphasize its strengths and advantages. No one has to point out weaknesses, but defects should not be concealed.

They must be addressed openly and honestly. After all, it is ultimately a question of liability. Anyone who fails to mention defects such as mold infestation at the time of sale or only makes a makeshift cover-up for a basement that is actually damp will not escape liability later on. It is highly recommended that both parties draw up a list of defects together, which will be included in the purchase contract. The following also applies here: If you decide to work with a real estate agent, you are also legally protected. This is because they will arrange everything in such a way that you won't have any more problems once the purchase contract has been signed.

 

4. Real estate sales: check potential buyers

KBC Real Estate screens potential property buyers for you before scheduling a viewing appointment.

Four important points in the qualification test: 

  • Reason for buying a house – Cultural aspects
  • Sort out onlookers
  • Z Ensuring the ability to choose
  • Compensation/pre-contract

1) Reason for buying a house – Cultural aspects:

There is no doubt that communication with the real estate buyer is a top priority. It is therefore important to find out the motivation and purpose of the property purchase in advance. The nationality of the potential buyer can provide information as to whether there may be difficulties in communication or whether cultural problems could arise. For an investment of a considerable size, aspects such as the buyer's migration background and the children's planned education must also play a role.

2) Schaulustige aussortieren:

You can weed out supposed prospective buyers who want to view properties out of sheer curiosity by doing good preparatory work. Such people cost everyone involved far too much time - the serious prospective buyer, the real estate seller and the estate agent.

3) Ensure solvency:

One task that should not be underestimated is to make an initial assessment as to whether the loan required by the potential buyer could even be within reach. Instruments such as obtaining a self-disclosure and a financing confirmation from the bank are indispensable for this.

4)  Pre-contract/reservation agreement:

If a potential buyer expresses a serious interest in buying and the seller is also interested in the prospective buyer, there are two options, including reserving the property for a certain period of time. On the one hand, there is the option - for both the buyer and the seller - of proposing a preliminary contract before the actual purchase agreement. Both parties undertake to conclude the main contract with each other at a later date. The seller thus receives an assurance from the buyer that they will actually purchase the property, while the buyer receives the certainty that they will be able to purchase the property accordingly. Normally, such a preliminary contract is notarized.

The other option may arise if a real estate agent is involved in the sales process. The so-called reservation agreement is concluded between the estate agent and the buyer. The estate agent assures the buyer that he will reserve the property for a certain period of time and will not offer it to any other interested parties during this time.  In return, the estate agent receives a reservation fee. This is normally deducted from the broker's commission if a purchase contract is concluded.

 

get in touch with us now!

KBC IMMOBILIEN GMBH
Escherheimer landstr. 275 60320 frankfurt am main
INFO@KBCCHINA-IMMOBILIEN.DE
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.