Marketing Plan for a Stale Listing

Marketing Plan for a Stale Listing

Sometimes a property lingers on the market longer than expected. When this happens, it’s critical to step back, reassess, and refresh your marketing strategy to bring in new interest. Below is a structured plan you can use to evaluate and re-energize a stale listing.


1. Review the Listing History

Before making changes, take a close look at how the property has been performing.

  • Days on Market: How long has the home been listed compared to similar properties in the area?

  • Market Conditions: Are broader trends (interest rates, inventory, seasonality) impacting the sale?

  • Price Adjustments: Have there been any price changes since the listing went live?

  • Improvements: Have sellers made any updates or repairs during the listing period?

  • Feedback: What have buyers and agents said about the home? If you haven’t yet, reach out to agents who’ve shown the property and ask for detailed feedback.

  • CMA Comparison: Use a Comparative Market Analysis (CMA) to see how this listing stacks up against similar homes currently on the market.

Goal: Identify the main pain points holding the property back from selling.


2. Reassess the Target Audience

It’s possible the home is being marketed to the wrong audience—or not effectively enough.

  • Define the Buyer Profile:

    • Downsizers? Target nearby homeowners who have lived in their home for many years.

    • First-time buyers? Market to renters in nearby apartment complexes.

    • Investors? Highlight rental income potential.

  • Marketing Ideas:

    • Use Prospector tools to send postcards and letters to relevant neighborhoods.

    • Send an eblast to local agents who may have buyers looking for a match.

  • Re-Examine the CMA:

    • Look at which competing homes sold quickly and why.

    • If pricing is a concern, prepare data to explain current market realities to your sellers.

    • If sellers are unwilling to adjust the price, discuss alternative strategies such as buyer concessions (e.g., covering closing costs or offering rate buy-downs).


3. Audit the Current Marketing Strategy

Your marketing materials may need a refresh to appeal to buyers.

  • Listing Photos & Visuals:

    • Were professional photos used?

    • Would staging or virtual staging make the home more attractive?

    • Is there clutter in the photos that should be removed?

    • Would a video or virtual tour help showcase the property better?

  • Listing Description:

    • Does the copy highlight the property’s unique selling points?

    • Is it written in a way that connects emotionally with buyers?


4. Expand Exposure Channels

If the current approach isn’t working, it’s time to increase visibility both online and offline.

  • Digital Marketing:

    • Social media campaigns (Instagram Reels, TikTok walk-throughs, Facebook ads).

    • YouTube video tour with narration or lifestyle focus.

    • Paid digital ads targeting specific buyer demographics.

  • Local Marketing:

    • Postcards and flyers distributed in nearby neighborhoods.

    • Community bulletin boards and local publications.

    • Host themed Open Houses (e.g., twilight tour, wine & cheese).

    • Broker’s Open Houses are a great way to gain feedback directly from other agents.

  • Curb Appeal Refresh:

    • Landscaping touch-ups and fresh mulch.

    • Pressure washing exterior and walkways.

    • New or enhanced outdoor lighting for evening showings and twilight photography.


5. Create an Action Plan

A successful turnaround for a stale listing requires a structured action plan that balances quick wins with longer-term strategies. This plan should be documented and shared with the seller so expectations are clear.

Step 1: Prioritize Quick Wins (Next 1–2 Weeks)

Focus on changes that can be made quickly and at minimal cost, but have a big visual and marketing impact.

  • Refresh Photos: Schedule new professional photos or update existing ones with staging/decluttering.

  • Rewrite Listing Copy: Highlight unique selling points that may have been missed the first time.

  • Launch New Ads: Push the refreshed listing through social media campaigns, eblasts, and targeted ads.

  • Open House Event: Host a themed or twilight open house to draw in new traffic and create buzz.

  • Agent Outreach: Personally call or email agents who have brought buyers through in the past for feedback and to let them know of any changes (new price, new incentives, or updates).

Step 2: Monitor & Measure (Weeks 2–4)

Track progress closely and adjust based on data.

  • Engagement Metrics: Monitor online views, clicks, and ad reach.

  • Showing Traffic: Track the number of showings and follow up with buyer’s agents for feedback.

  • Feedback Log: Create a running list of buyer/agent comments to identify repeated concerns (price, layout, condition).

  • Seller Check-Ins: Schedule regular updates with the seller to review results, discuss concerns, and adjust strategy as needed.

Step 3: Reassess Pricing & Incentives (Weeks 4–6)

If quick wins don’t create momentum, take stronger steps.

  • Price Adjustments: Present CMA updates to show how competing homes are priced and why a reduction may be necessary.

  • Buyer Incentives: Consider offering seller-paid closing costs, mortgage rate buy-downs, or home warranties.

  • Property Improvements: If feedback consistently points to cosmetic issues, suggest affordable updates (fresh paint, landscaping, minor repairs).

Step 4: Expand Marketing Reach (Weeks 6+)

Re-introduce the property to the market with a broader push.

  • “Just Reduced” Campaigns: Use postcards, eblasts, and social posts to highlight the price change or incentives.

  • Video & Virtual Tours: Share walkthroughs on YouTube, Instagram, TikTok, and MLS to reach wider audiences.

  • Community Marketing: Tap into neighborhood groups, local events, or bulletin boards to reach hyper-local buyers.

Step 5: Decide Whether to Pause the Listing

If all efforts fail to generate meaningful interest, it may be in the seller’s best interest to take the home off the market temporarily.

  • Review CMA and market conditions to determine the best timing for relisting.

  • Advise sellers that waiting may allow the market to catch up with their desired price or give them time to make updates.


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