How quickly will I get an application on my Chattanooga house?
Alex Smith here from the gkhouses office in Chattanooga with another installment of Questions Owners Ask. Today’s question is, “How quickly will I get an application on my Chattanooga house?”
On average, it takes between three and four showings before we can expect that first application. Sometimes it takes longer, other times it takes less time.
All you need is that one person to come through, love the house, put in an application, and be approved, but most of the time it takes between three and four showings.
If you have several showings and less applications than you hoped for, there could be a couple issues going on.
The first could be a price issue. If you try lowering that price, it may entice more prospects.
The second thing is what we call a “product issue.”
Product issues are maintenance that you unaware of that prospects find and are unsure if you will take care of before they move in. This could dissuade them from applying.
After a showing, we like to call the prospects to see if there are any recurring themes or issues that we may need to take care of.
These are just a few things to keep in mind here when waiting on those applications to start coming in.