Near their highest levels ever, median home prices are still not reflecting a “bubble.” A housing economist explains why.
Will 2 million ‘boomerang buyers’ ignite housing?
About 700,000 boomerang buyers will be eligible for credit again this year, and up to 2.2 million over the next five years.
Govt lifts ‘robosigning’ restrictions on certain banks
Restrictions against some firms stemmed from foreclosures that had not actually been reviewed before signing.
Why aren’t more homes being built?
More than 60 percent of builders surveyed in May reported that the overall supply of developed lots is low.
What happens when tech workers come to town
Technology workers are leaving Silicon Valley and moving to new cities—and it’s impacting housing prices, a study found.
‘Move-up’ buyers drive San Diego housing
A resurgence in the move-up buyer, who had been stuck in place during the recession, is boosting San Diego’s housing sales.
Banks annihilating ‘zombie’ foreclosures
Homes that sat vacant but not repossessed are now being pushed aggressively through the foreclosure process as home prices rise.
Borrowers rush to buy homes as rates spike
Interest rates rose to the highest level this year, but mortgage applications surged. Here’s why.
Help for homeowners fails their troubled mortgages
Efforts by borrowers and the government to help many homeowners have not kept them from the risk of losing their houses.
Tips on Real Estate Direct Mail Marketing
Plenty of real estate agents today are using direct mailing services to promote their business. Many consider this as an old method of marketing the real estate business, however; there lies plenty of advantages of making use of this marketing technique.
Here are stated some of the tips that can help make real estate direct mail marketing a successful endeavor:
Defining the Targeted Audiences:
Defining the target audience is very essential for a property business to send direct mails. The agent or real estate business needs to identify the target audience and know what they want from a property agent. They should investigate the type of people they are and what they are looking for. Selecting the wrong targeted audience for sending direct mails will fail to bring success in the real estate market.
Identifying the Objective:
Identification of the objective is highly essential while sending direct mail to the customers. It is the responsibility of a property agent to determine the objectives that he wants to get fulfilled while sending the direct mails. Identification of objective refers to determining whether he wants his audiences to know about his presence or if he wants to inform them about a new property or the latest offer. Once the objective is being determined, the real estate agents can mail letters to the customers.
Generation of Mail:
Once you are done with the above process, you need to generate the mail properly. Sufficient time must be given in writing the mail and the content. The content of the letter must be catchy and attractive. The message should be shaped in such a way that the target audience finds it useful and can visualize the dealings you are offering that will solve most of the problems.
Mails to be sent on a Regular Basis:
Most of the property agents send mail in the initial phases and then do not find it important to continue sending the mails. They feel sending mails do not make much difference. However, sending mails about the latest offers and deals in the real estate market makes a huge difference. When the realtor practices this on a daily basis, they attract attention of the potential customers and leave behind a positive impression in their minds. Customers will get in touch with you each time they perform purchase or sale activity.
With direct mail you can target a specific company that is critical for success of business. Another benefit of this service is that the playing field is not that crowded. You have fewer peers sending direct mail that gives you the opportunity to stand out in the mailbox.
A dealer or a property agent will make a big mistake considering real estate direct mail marketing useless. It is a form of investment that ensures big returns in the long run. So, to get started you can conduct research online for more information.