Cleveland Sellers: How Agent Marketing Affects What You Net

by Mike Ferrante

Cleveland Sellers: How Agent Marketing Affects What You Net
 

In a lot of real estate conversations, the focus is on commission. What will I pay? Can I negotiate it? Is there a discount option? Those are fair questions, but they're not the most important financial question you should be asking before you list your Cleveland home.

The most important question is: how much more will I net with a strong marketing agent versus a weak one?

Here's why this matters. In Cleveland's market, there's a meaningful difference in final sale price between homes that are marketed aggressively and homes that just get put on the MLS and left to sit. We're talking about professional photography, targeted online advertising, email campaigns to active buyer agent networks, open houses, and video content. These things drive more showings. More showings drive more offers. More offers drive higher prices and better terms.

I've personally seen the difference play out in the same neighborhood in the same week. Two comparable homes list within days of each other. One gets professional photography, digital advertising, and an agent with an active buyer database. One gets phone photos and a yard sign. The first sells in ten days at above asking price. The second sits for 60 days and takes a price reduction.

Commission is a cost. Marketing quality is a determinant of revenue. A 1% commission difference on a $350,000 home is $3,500. If stronger marketing gets you $10,000 more in sale price, the math is not close.

We invest in full-service marketing for every home we list in Cleveland because we believe it produces better outcomes for sellers. If you want to see what that looks like for your home specifically, call us at (216)373-7727 or visit www.21mike.com.


Mike Ferrante | The Mike Team at LPT Realty | www.21mike.com | (216)373-7727

Mike Ferrante
Mike Ferrante

Broker Associate

+1(216) 373-7727 | mike@21mike.com

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