What’s a good strategy in a slow market?
Want to dominate a slow market? Use this single, practical plan and start seeing movement.
Why a slow market isn’t a problem — it’s a choice
Slow markets test clarity. They reward the disciplined. Most agents wait. The winners set price, message, and momentum. This is not theory. It’s a repeatable system that gets homes sold and buyers positioned for value.
What a slow market really looks like
A slow market means fewer buyers, longer days on market, and more negotiation. Keywords: slow market strategy, real estate slow market, how to sell in a slow market. Accept that volume drops. Your job is to convert a smaller pool faster and at better terms.
The 3-step market strategy that works
1) Price for attention — not ego
- Set a price that attracts the right buyers on day one. Use comparable sales, market velocity, and buyer psychology.
- Aim for a price band where buyer urgency triggers. Slight underpricing can create multiple offers even when demand is soft.
2) Market with surgical precision
- Replace broadcast with targeted outreach. Run hyper-local social ads, email past clients, and call motivated buyer lists.
- Use high-quality photos, a 60-second walkthrough video, and a clear value headline. Keywords: listing marketing, targeted real estate ads.
3) Create momentum and reduce friction
- Stage to sell and remove obstacles: pre-inspection, clear timelines, and flexible showing windows.
- Offer simple closing incentives instead of lowering price—cover a small portion of closing costs or include appliances.
Pricing, timing and negotiation rules
- First 21 days are decisive. If no activity, change something: price, photos, or message.
- Bring two offers to the client: the math-first offer (net gain) and the risk-first offer (time saved). That lets sellers choose outcome, not just price.
Actionable checklist (do these this week)
- Re-run comps and set a competitive price band.
- Order professional photos and a short walk-through video.
- Launch a 7-day hyper-local ad with a lead magnet (floor plan, neighborhood report).
- Call top 30 local buyers and past clients with personalized messages.
When to hold and when to move
Hold if your property has seasonality value (e.g., backyard in summer) and you can absorb carrying costs. Move if carrying costs exceed projected monthly drop in sale price or if a job/relocation forces action.
Why this works — and why it beats waiting
This plan forces quick feedback, reduces wasted time, and converts scarce demand into urgency. It’s tactical, measurable, and repeatable.
For local market insight and a tailored plan, contact Tony Sousa — experienced local realtor who executes this system every week. Email: tony@sousasells.ca • Phone: 416-477-2620 • Web: https://www.sousasells.ca
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