Plan ahead! Assign estimated times needed
based on your CDC's capacity in order to prepare and execute these top 12 strategies
for sale and pre-sales.
1. Know your target homebuyer:
|
What
are their demands? |
|
What
are their concerns? |
|
How
much can they afford? |
2. Design colorful marketing materials that answer the "how much?" questions:
|
House
cost? |
|
Cash
to enter? |
|
Monthly
payment? |
3. Canvas neighborhood and community centers with colorful, eye-pleasing
flyers or brochures.
Place fliers in a box in front of houses during construction for people passing
by who may want information.
4. Send mailings to rental buildings in the area.
5. Build and furnish a model unit.
6. Conduct homebuyer seminars in model unit.
7. Invite local school principals, police captains and religious leaders
to buyer seminars, open houses and related sales events.
8. Pursue partnerships with City, unions and other large local employers
to get referrals of prospective buyers. Pursue opportunities to make presentations
at their respective workplaces.
9. Invest in amenities where ever possible.
Installation of a security system at no charge to the buyer greatly adds to
a homebuyer's feeling of security. It also conveys a positive message to the
buyer about how the developer feels about protecting the safety of its clients.
10. Provide opportunities for buyers to pick from a range of finishes,
colors, carpets and cabinets so that they can customize their own home.
Most buyers feel more "connected" to a house when they have had some say in
the finished product - and they feel more pride in ownership since they helped
to create it!
11. Use Realtors. Consider a special commission incentive program to encourage
realtors to show your homes to their clients.
If you use a Realtor to help sell your houses, then send ineligible candidates
for your program to them so that they can benefit from the sales lead. This
builds a special business relationship that can benefit all parties.
12. Seek free press with articles covering groundbreakings and open houses.
Next: B2. Key Factors for Success in Serving
Low-Income Homebuyers