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What does coming soon mean when selling your Carlsbad home and how you can use it to drive competition?

What does coming soon mean when selling your Carlsbad home and how you can use it to drive competition?
2:02
Coming soon is exactly what it sounds like.

 

It means you are letting the market know the home is coming to market but it cannot be shown and you are not yet accepting offers.

Why would you want to market your home as coming soon?

When done right (this is super important) it can create demand and urgency for when your home goes live on the market. This is the MOST VALUABLE period of time when marketing your home.

When something is new, the market will pay attention.

  • How is the condition?
  • How is the location?
  • Is it priced accordingly?

Most importantly, is there a reason to take action right now? The easiest way to get people to take action is to create demand.

When others are interested in your home at the same time as them, it validates their needs and they tend to act quicker.

When you have multiple offers, the buyers bid against each other and more importantly, not you.

That is how we get the price up.

What does the coming soon process look like for us?

A very heavy 7-10 day social ads push

  • Facebook
  • Instagram
  • YouTube
  • Google

Specific signage in the yard that drives registrations. (This sign and CTA changes when we go live)

Outreach to every agent that has sold a home similar to yours in the last 24 months to activate their previous showings

Inclusion in our Carlsbad Report email based on people who has requested more insights in your zip code

Direct mail to the entire immediate area.

Once we have the interest list built, we launch.

When condition, location, pricing, and marketing meet, we tend to break records.

Unfortunately when you list your home on the MLS, Days on market start climbing. There is an incorrect assumption that the longer the home is on the market, the more it is overpriced.

Sometimes there isn’t a buyer for your specific home at that specific time looking with an agent, so our coming soon process activates all the other potential clients that are NOT actively searching.

It is like getting the best of both worlds.

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