Attractive Photo
If you have purchased a property because you intend to resell or rent the property, you will need to create listings at some point to attract tenants and buyers. Newspapers are filled with real estate listings, but there are several things you can do to make your foreclosure seem especially appealing to tenants and buyers.
The first thing you will want to do is to get clear about the most attractive features your foreclosed home has. To do this, get a large piece of paper and write down all the best features and amenities of your property. What attracted you to the foreclosure? What amenities or characteristics are unique or special about the property? Write down everything you can think of and circle those features you think are best.
Next, pretend that you are showing your foreclosure to potential buyers or tenants but you only have one minute. What would you show the buyers and tenants? What would you say? What would you begin with? Write this all down.
By now, you should have a good list of possible selling points for your foreclosure. It is time to start assembling them into a coherent listing. Start with the most attractive feature of the foreclosure. Are you selling below market value? Begin your listing with that information. Is the foreclosure in a very exclusive or desirable location? Start your listing with that. Be sure to include two or three of the most attractive features of your home, as well as basic information, such as contact information, number of bathrooms and bedrooms, and the location of the house.
Remember the importance of a nice photo, as well. Take pictures of your property on a nice day (when good light is available). Use a good quality digital camera and take many, many pictures from all angles. That way, you have lots of pictures and can choose the best shots. Take lots of pictures of the interior of the property as well. If the property is empty, consider renting or borrowing some furniture and decorations for the photos. Your home will look more appealing to buyers and tenants if buyers and tenants can picture themselves living in the property. Attractive furnishings and decorations help spark the imaginations of buyers and tenants.
Once you have your listings written and have some attractive photos, remember to make your listings available. Post your listings on free listing sites and local classified sites online. As well, post your listings and photos in local newspapers (weekend editions are best) and local real estate magazines. The more people see your listings, the more interested buyers and tenants will contact you about your foreclosure home.
About the Author:
Joseph Smith has been educating buyers on the finer points of Renting Foreclosures at BankForeclosuresSale .com for over five years.
Article Source: ArticlesBase.com – Reselling or Renting Your Foreclosures? Here’s How to Make Your Listings Attract Tenants and Buyers
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