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In this current market, how many showings and visits does it take for a home to sell?

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Question added by Zain Khater , Project Supervisor – StartUp Project , Injaz
Date Posted: 2017/01/23
Ahmad Hawa
by Ahmad Hawa , SALES & PROJECT MANAGER , NEW TECH

I think that the problem is not the number of visits ,but in availability of financial liquidity, and the size of demand in the market , when these elements are available sure the number of visits will be little the sell operations will be fast and effective

Remah El Tohamy
by Remah El Tohamy , Vice President , Master Marks Consultants

Average 2 or 3 calls and visits

Carlos Vergel Caparras
by Carlos Vergel Caparras , Managing Partner , Reelter LLC

In our experience there is no such number

 

A property priced low in a high demand area will sell with one or no showing

A property in a low demand area or priced too high will sell after 23894029840284028 showings or not at all.

 

A property priced in a medium demand area, still does not have an average number. offers can be declined, closing falls through, contingencies happen, 

sometimes it closes quickly. If the buyer is (pre)qualified and offers listing price.

 

 

Amr Nasrat Mohamed Abd El-Baky Yousef, PMP®, SSGB
by Amr Nasrat Mohamed Abd El-Baky Yousef, PMP®, SSGB , Civil Site Engineer , Hassan Allam Holding

It depends on the location, area and price

thanks for the invitation

well, their is no specific time for that, but i can tell you the proactive salesman knows what happen in market and could use some techniques to target specific customer with level of income.

kinda khatib
by kinda khatib , Senior Project Coordinator , ASTAD

The number of visit could be very little when the market is booming and the demand is high that happened when the finance is granted with resnable intreset rate .

All other factors such as location , type of property and age of building will have majore effect acocording to the buyer priorites and intentions , while the good  builder history could give big bush forward on many deals .

 

Hassan Al-Najjar
by Hassan Al-Najjar , Head Of Marketing Department , Al Thuraya Al Omrania Properties

There is really no average. If your property is priced RIGHT for the market and it's good condition and shows well you can get an offer from the FIRST person. If your property has been on the market for more than a month and you have not received any offers or a lack of showings, you probably need to look at price and condition. What has the feedback been from the people who have seen your property, assuming it is listed now? If you have any further quesitons feel free to contact me. Thanks and good luck

This is a very open ended question.

A Real Estate Closure depends on a lot of other external factors. Viz a Viz: Availability of Finance, Matching Price, Facilities, Transport, Location, Ease of Connectivity, Willingness to buy, etc.

This is a once in a lifetime decision for majority of the people & hence, they all prefer to tread very carefully on it. This decision can not be taken in an impulse & hence very careful evaluation of all parameters needs to be carried out by the potential buyers.

It also totally depends on the ROI, which in the case of an Investor would determine his/her purchase decision. An investor getting an ROI of 8-10% can easily buy a particular property, without even seeing it physically. Whereas, a property might be very good & prime, but giving 3-4% ROI to an investor would make no sense for them.

 

Neelam Doshi
by Neelam Doshi , Leasing Manager , Banke International Properties LLC

Having the right Listing, generating a HOT lead for it and qualifying the lead at the same time showing the value and providing relevant information of the product would mean you can have the sale in just one visit.

However above is an ideal scenario which is rare but possible.

Listing at market price can be around 7 or more per week and above market price can have most number of viewings until the rent/sale price is revised.

Fareeduddin Ahmed Farooqui
by Fareeduddin Ahmed Farooqui , Managing Partner , FAF Associates

All the other routine Calculation of the buyer always there like location, demand, Price. Resale Value, Clear Title, Master Plan of that Area.

if all these Clear then it will 15 to 20 visits will sell the property.

Lavien Rose Gutierrez
by Lavien Rose Gutierrez , Senior Property Consultant , 2018 Invest and Own Realty Development Corp

For me the problem is not how many showing or visits, but the availability of the financial for the equity and the size of demand in the market. 

And a property is a high and low demand in the market depends on the area and also the developer who develops. You can sell a property without showing and visiting the location unless you know how to deal with it with the client.

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