Join Australia's most dynamic and respected property investment community

Advertising privately not using the commercial sites.

Discussion in 'The Buying & Selling Process' started by mmgg, 17th Oct, 2015.

Tags:
  1. mmgg

    mmgg Member

    Joined:
    19th Sep, 2015
    Posts:
    12
    Location:
    Adelaide
    Hi all,

    I have advertised all my properties using a free, classified, online site. Saves me money, gets results and you can change it when ever you want. Why don't more others do the same? Your thoughts.
     
  2. CU@THETOP

    CU@THETOP Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    227
    Location:
    Brisbane
    As I buyer I usually look at Realestate.com and sometimes Domain. I have never looked at Gumtree or elsewhere. If I was selling I would want the highest exposure.
     
    wylie likes this.
  3. York

    York Finance Broker Business Member

    Joined:
    24th Jun, 2015
    Posts:
    1,621
    Location:
    Sydney
    What @CU@THETOP said. Exposure. Simple as that. The money you will save in agent fees would most likely have been less than the amount the agent could have gotten extra due to marketing and exposure. Also probably an agent will be able to sell quicker too for the same reasons. Also most agents have contacts, so if it's a special property like dev. site etc. then again quicker and better chance of higher price. Oh one more....depending on property cycle and/or type of property, agent can use different selling types like auction to get top price of the market if the conditions are optimum.
     
  4. D.T.

    D.T. Adelaide Property Manager Business Member

    Joined:
    13th Jun, 2015
    Posts:
    5,576
    Location:
    Adelaide, SA
    Which site did you use, gumtree?

    That's not where majority of buyers/tenants are looking, there's stats on this.
     
  5. Chilliblue

    Chilliblue Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,578
    Location:
    Australia
    You could also go direct to the major commercial agencies and buyers. Also free but again no guarantee that you have received the best price available.
     
  6. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    5,545
    Location:
    Sydney or NSW or Australia
    I hear that many town squares have a notice board on which you can post your advertisement - effective for snaring locals.

    You could also tape a print of the advert to the Telegraph pole at a nearby bus stop.