Is the slow RE market the fault of dithering would-be buyers?
Or, let's ask another way: Can we change buyer psychology to spur more home buying?
And can that be done with advertising?
The NAR thinks so.
After a few too many tips, we checked out the new ad, and we share it here:
It's an instant classic.
A family is literally sitting on the fence outside a home for sale, gawking, unable to make the move to buy.
"Why are we sitting here?"Husband:
"Not sure, exactly. They
said we should wait." (Nice emphasis on the vague, all-knowing "they.")Realtor:
"If you're waiting for the right time to buy a home, the wait may be over. Mortgages are available, and interest rates are low."
Funny, they don't mention that prices are dropping. Maybe that's off-message, since the core clients NAR is concerned with are really the sellers.
Or maybe dropping prices are part of what's keeping that family on the fence.
There's a whole splashy multimedia kit provided by NAR as part of this campaign, available online here