Episode Details
Back to EpisodesHow to Get More Properties Under Offer
Description
If too many of your listings are sitting on the market and not selling, the first place to look is usually pricing.
In this episode, I break down the stock management process I’d use to get more properties under offer, including when to have the price reduction conversation, how to prepare a seller for it properly, and why your communication should actually increase when viewings decrease.
We cover:
- The 50/50 for sale vs under offer benchmark
- Why one meaningful price reduction is usually better than lots of small ones
- Why week three is the ideal time to start the conversation
- How weekly seller care makes price reductions easier
- The red, amber and green stock system
- How to identify which properties deserve your attention first
- The exact question to ask to uncover what a seller would genuinely accept
- Why pricing stock correctly is one of the biggest levers in estate agency
If you want more properties under offer without simply hoping the market improves, this episode gives you a practical framework to work through your current stock and make the right changes.
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