By Kristin Savage
How do you attract the right customers to your commercial real estate listings? If you find that your ads are largely ignored, or attract those not ready to buy, that’s understandably frustrating. Many things influence the success of a property listing. One of the most important is the quality of the copy that you write.
This is largely because selling commercial property involves complexities that aren’t necessarily an issue when you are selling residential properties. While suitability and appeal play a role in both cases, people looking at commercial properties have to consider the following:
Whether the property fits into their business model.
Getting investors and stakeholders on board.
If investing in the property is a wise use of company capital
That requires a bit of a perspective shift and a different approach. To get started, take a look at the following five tips for writing high-converting commercial property listings.
Commercial property is really an umbrella term that encompasses many types of properties. Each of these appeals to a different audience.
When you write your ads, you must address the specific concerns that are most associated with your property type. Here are some examples:
Industrial: Is the property secure? Does the lot have adequate space for trucks? Can the space accommodate forklifts and pallet racks? Is it close to an interstate or railroad terminal? Does it include office space, adequate restrooms, and break rooms?
Retail: Is it visible from the roadway? Is there main road access? Has the parking lot been designed to provide adequate, accommodating space? What about foot traffic? Are there businesses nearby that attract a similar clientele? Is the neighborhood safe?
Office: Is it in close proximity to restaurants, stores, and other businesses? Is it accessible to public transportation? Is parking well-lit and adequate? Does the space have a versatile layout that includes meeting spaces, open work areas, executive offices, and a welcoming reception area? How is the internet infrastructure? Are there existing tenants, and will they be staying long-term?
As you write your listing, try to predict the questions and concerns potential buyers will have. Address them to move interested investors closer to a showing.
Consider your property and all of its features. Next, distill out a handful of truly noteworthy items. Evaluate those, and identify the feature that is most likely to grab the attention of suitable buyers. Now, find a way to incorporate that into your heading or subheading. You may even be able to fit in two benefits to create a winning headline. For example:
Beautiful Storefront With Plenty of Foot Traffic
Modern Industrial Space With Great Amenities
Office Space Priced to Move: Perfect For Startups
Spacious Retail Space in a Growing Neighborhood
Spectacular Investment Opportunity
Centrally Located Office Building With Long Term Tenants
Your goal is to get the buyer to stop scrolling the second they read your headline.
Never assume that prospective buyers can easily imagine how a property might work for them. Be explicit, and write your listing in a way that ensures they can picture their business in that space.
Instead of writing: ‘Large, welcoming reception area with natural lighting, and a coffee bar.’
Try: ‘ Welcome clients, guests, and others into an airy reception space with plenty of room for comfortable seating and a refreshments area.’
Instead of writing: ‘Open floor-plan office space.’
Try: ‘Watch your team collaborate, problem-solve, and share ideas in a roomy, open space.’
Instead of writing: “Large loading zone with multiple loading bays, turn-around space, and plenty of lighting.â€
Try: “Relieve your logistics headaches with a spacious loading zone that can accommodate multiple delivery vehicles, 24 hours per day.â€
You really can’t write a compelling property listing without understanding your potential buyer. Start by answering a simple question. ‘Who is going to be most interested in this property?’ Chances are, you won’t have a singular answer. A given property might attract owner- occupants, investors and landlords, those seeking startup spaces, and established businesses who need to expand.
Make a list of those prospective buyers. Then, create a list of characteristics, concerns, values, and goals for each one. Now, determine which are the most important points for you to address in your listing.
Imagine that you are selling a small, standalone commercial space on the main strip of a medium-sized town. You determine that the space would be perfect for a small medical office, insurance agency, or a small tech firm/consultancy that has outgrown home office space. At the same time, it would also be the perfect opportunity for a landlord who is interested in adding a low-maintenance property to their portfolio. Start by creating a table to hammer out the most pressing concerns for each.
Prospect Type: | Small Business Owner/Occupant | Landlord/Investor |
Pain Points: |
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At this point, you should be able to write a listing that speaks to your target audience.
What are other agents doing to successfully sell commercial listings like yours? Find out by taking a look at your competitors’ listings. What are they leveraging as selling points? Who are they targeting? Take examples of the things that work, modify them for your own purposes, and use them to write listings that sell.
The best way to write a commercial property listing is to remember that buyers are often making an investment decision, not a personal one. Take into consideration that each property type has its own set of important attributes. Finally, identify your target audience for each property, and write property listings that effectively speak to them.
Kristin Savage is a writer and editor at https://subjecto.com/essay-samples/. She specializes in marketing, technology, and small business development. When she has any spare time, she enjoys reading, decorating, and stargazing.