Understanding Property Advertising


 

Purpose of Property Adverts

The purpose of any property advert is to acquire response from the reader, and consequently result in a face-to-face meeting. This meeting provides an opportunity for the advertiser to sell their property. It must be highlighted, that advertising by itself does not automatically sell the property, as with any product, it is people that sell.

Understanding the Differences

 Property advertising is slightly different from marketing other types of products. One of the major differences is that potential buyers actively search for these adverts. Therefore, the reader actively seeks exposure to these advertisements, instead of being forced to read and interpret marketing messages. This is good news for property sellers, since it is more likely that buyers will find and pay attention to your advert. 

However, there are times when market conditions change and it becomes increasingly harder to attract property buyers. This could be a seasonal downturn (such as summer and winter seasons) or could happen due to other factors, such as interest rate changes. During these times, it becomes even more important to design your property advert in such way, so that it clearly stands out from the rest of its competitors and gets noticed by potential buyers.

AIDA Model

The process of marketing and selling your property can be understood easier by applying AIDA model, which has four components. These are four stages of buyer’s behaviour, which must be accomplished successfully in order for you to sell your property:

  • Attention
  • Interest
  • Desire
  • Action

The first step is to catch potential buyer’s attention. Secondly, you must then create an interest in your property. Thirdly, develop buyer’s desire to find out more. Lastly, you need to achieve “action” on the part of the buyer. This could mean contact with you (by email, telephone or otherwise), followed by a visit to view your property, which will ultimately lead to the offer and sale.

Next article will explore in some detail how to design property adverts and how to achieve the most success.

   

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