B REALTORS Listing Marketing Plan 1st Floor 2/6, Manoora Street, Darwin, NT 0800 Real Estate Agent: Tina Hagan Company: B REALTORS Telephone number: 0407116974 Fax number: 0498935445 Email address: t.hagan at brealtors.com.au Website address: brealtors.com.au Listing main webpage: realestate.com.au/property298 Initial listing price: $609,000 First listing date: 22/08/2014 Sale deadline: 25/10/2014 Agent commission: 2.4% Property SWOT Analysis Strengths: Recently redone kitchen with state of the art appliances, valued at over $60,000; situated at a walking distance of one of the best public schools in Australia; new designer furniture. Weaknesses: Intense traffic on the neighbouring streets during rush hour; located in the same building with a private 24/7 gym (possible nuisance during the night). Opportunities: Two multinational companies just opened offices in Darwin (C-level executives will be relocated here). Threats: There are two more apartments on the market on the same street at lower listing prices; above average utility bills. Buyer profile Age group: 35-45 Minimum annual income: $220,000 AUD Reason to look for a new home: relocation, the family’s need for space has increased, financial gain that allows the family to move into an upper middle-class neighbourhood. Identifiers: cash-rich, time-poor; internet savvy; healthy living; doesn’t watch TV; drives a European car; social media user. Advertising key messages Proposed headlines: “Newly Renovated Spacious 3 Bedroom Apartment” “Stunning 3 Bedroom Apartment with Designer Furniture” “Gorgeously Decorated 3 Bedroom Apartment in Larrakeyah” Key focus: designer furniture, spaciousness, neighbourhood. Property advertising plan ● Newsletters will be sent to 200 potential buyers within the real estate agency’s network. Another 50 potential buyers from the agent’s personal network will also be emailed. ● Facebook promoted posts will be published every week, featuring pictures from the kitchen and the master bedroom together with links to online listings. ● Facebook events for open house hours that will be promoted through inserts into the newsletter of local businesses and publications. ● A Google AdWords campaign will run for a few weeks, to make sure that potential clients that are interested to move into the neighbourhood ● The listing will be featured on the agent’s personal website and on the agency’s main website. ● The HR managers of the biggest companies in Darwin will be contacted in order to receive the listing presentation for their relocated employees. Pricing strategy Initial listing price: $609,000 The agent will work closely with a financial consultant to come up with a good-faith estimate of how much it would cost a prospect with good credit to buy the apartment, even how much it would cost to buy the house with a zero down payment. If the house doesn’t sell after the first 2 weeks, we’ll start using the “monthly price” in the materials that are advertising the listing ($2,800/month). The minimum price for which the house can be sold is $597,000.