How much does advertising cost on average for a real estate agent?
Whats the average cost for advertising a house so that it can be sold on the market?
There is no answer to your question. Some houses remain unsold for much longer periods than do others, and thus cost far more in repetitive advertising to procure buyers. Quality advertising, however, is expensive. Many agents maintain websites on which to display listings to potential buyers, and agencies themselves mostly have similar websites for all properties listed. As well, there is newspaper and real estate guide advertising, some TV advertising on ‘local homes for sale’ channels, plus the costs of MLS and www.realtor.com exposure. It all adds up.
There is no answer to your question. Some houses remain unsold for much longer periods than do others, and thus cost far more in repetitive advertising to procure buyers. Quality advertising, however, is expensive. Many agents maintain websites on which to display listings to potential buyers, and agencies themselves mostly have similar websites for all properties listed. As well, there is newspaper and real estate guide advertising, some TV advertising on ‘local homes for sale’ channels, plus the costs of MLS and http://www.realtor.com exposure. It all adds up.
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There is no average, only because each Agent’s business is a personal business. No different than owning a Franchise type business. What you have to consider is your budget and what you plan to spend and the possible return on investment.
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I agree with the others, there is no average. What is more important in my market than how much advertising you do is how well you are pricing the home.
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Oregon Realtor