May 01 2018
If your real estate market is like many in the U.S., you're in the midst on an inventory drought. Fewer homes for sale means more competition for listings, more competition amongst buyers--and fewer opportunities for earning a commission.
So what's an agent to do? Real estate coach Tom Ferry has 12 suggestions. In this video, Ferry outlines 12 different strategies real estate agents can use to generate more listing leads and overcome their low inventory problem.
Here are a few of our favorites:
Watch the video above to learn all 12 strategies for overcoming low housing inventory. But a word of caution: don't try all 12! Not only will you wear yourself out, "you'll dabble at every one of them, and you will not be effective," says Ferry.
Instead, pick one or two strategies and commit to doing them well (and consistently). The goal, Ferry says, "is to be in action."
Happy selling!