7 Tips on How to Sell Off-Plan Property Development in Ghana

 

Building house foundation ghana accra

  • High quality 3D rendering
  • Marketing brochure
  • Finishing presentation
  • Place banner on site
  • Project website
  • Mood board
  • Hire real esate agent(s)

 

Becoming property developer can be challenging especially in this part of the world where access to capital can be tough. Meet and ask people on the street of Accra and majority will mention they have interest to become real estate developer. Easy said than done. Selling off-plan developments in Ghana can be a game changer. Most developers get it wrong in property development. You don’t want to build units and then start looking for home buyers later. You need to start right off the bat in your real estate development journey. With the right approach, you can attract potential property buyers and successfully sell your off-plan properties. I will discuss seven tips on how to implement effective off-plan strategy in this endeavor to sell the sizzle. Let’s jump into it.

 

 

High Quality 3D Rendering

You have to showcase the vision to your potential buyers. One of the most powerful tools that will help you is 3D rendering. Investing in high-quality 3D renderings allows you to create realistic and visually appealing images of the proposed project. Renderings provide potential buyers with a clear understanding of the design, amenities, layout, and features of the development. By visually showcasing the project’s potential, you can increase buyer confidence and generate interest in your off-plan properties.

Most developers settle for poor quality rendering. You want your architect to produce the best of the best. Another way is to hire rendering expert to get the job done. Remember somebody out there in the end will have to give their money or write you a cheque so you better give it your best shot.

Read also:The cost of building a single room self-contain room in Ghana

 

Marketing Brochure

You want to create a killer marketing brochure. Invest time and resources in a well-designed and informative marketing brochure that highlights the key selling points of your off-plan development. Your project brochure should include detailed floor plans, specifications, amenities, and any unique features that set your project apart from others in the market competition. Use compelling visuals, such as rendered images, both interior and exterior to capture the attention of potential buyers and convey the lifestyle and benefits your development offers. Remember we are all gravitated to what we see. You have one chance to catch buyers’ attention for them to say “I think I like what I see”.

Read also: How to Build Your Dream House in Ghana: Cost Estimates

 

Finishing Presentation

To provide potential buyers with a deeper understanding of the project’s interior, collaborate with an interior designer to create a presentation document. Kind of like additional information to your project sale brochure. This document should showcase the inspiration behind the designs and the planned finishes. By illustrating the envisioned ambiance, color schemes, and materials to be used in the development, you can help buyers visualize their future home or investment, increasing their emotional connection to the project.

Read also:Ghana Real Estate: First-Time Home Buyers in Ghana Tips

 

Place Banner on site

Maximize the visibility of your off-plan development by placing a well-designed banner on the site. This physical advertisement can attract the attention of passersby and generate curiosity among potential buyers. Ensure that the banner includes essential details, such as the project name, contact information, and a captivating visual representation. The banner should create a lasting impression and entice people to inquire further about the development.

Also place online banners on real estate platforms where your potential buyers visit, congregate or hangout to create more exposure.

 

Informative Website

You definitely need more online presence. Create a clean project website. In today’s digital age, having a clean and user-friendly website is crucial for selling off-plan developments. Your website should provide all information about the project a buyer will need to make a purchase decision, including floor plans, specifications, location details, and contact information. Ensure that the website is visually appealing, mobile-friendly, and easy to navigate, allowing potential buyers to explore the development from the comfort of their own homes. Regularly update the website with the latest progress and news about the project to keep potential buyers engaged and informed. Hire a web developer to do that for you. Also, take advantage of social media to share your project details, images and call to action.

Read also: 6 BIG REASONS WHY YOU NEED A WEBSITE IN GHANA

 

Mood Board

People make purchases based on perceived value. You may want to create a mood board or trays that showcases the materials and finishes to be used in the development to help further engage buyers. People often appreciate a tactile experience, and a mood board allows them to visually and physically connect with the envisioned finishes and textures. Display the mood board in your sales office or on your website to create a tangible connection between the buyers and the project. Encourage visitors to interact with the mood board, as it can help them imagine and visualize the look and feel of what their future home will look like completed.

Read alsoIs buying a flat or apartment a good investment option in Ghana?

 

Hire Real Estate Agent

Most real estate agents have access to buyers in their network or database. To ensure successful off-plan sales, engage the services of a real estate agent who specializes in off-plan developments or has a proven track record of sales in the asset type. All agents are not the same, everyone has areas of expertise or what they are good at selling. For instance, if you are building commercial property hire agent specialized in that field. That can be said about the residential homes.  An experienced agent can connect with potential buyers. Look for an agent with excellent communication skills, a wide network, and a deep understanding of the local real estate market and most importantly knows how to close deals. An ideal agent should have a proactive approach and be able to highlight the unique selling points of your off-plan development. One thing you should know is that the agent will representing your project and company. So an incompetent or have unprofessional manners can have a negative impact on your project. You don’t want to hire an agent that gaze into open space or calls you when a prospect ask a question. An agent should be spontanous and able to think on his or her feet.

Read also: BEST 10 REAL ESTATE AGENTS AND BROKERAGES IN ACCRA GHANA

 

Final thought

Here is the thing, a successful off-plan sales can supplement your total development cost financing. For example using off-plan contracts or off-takers agreements can ease financing with your lenders. You will also be able to sell a certain percentage of your development before constructions starts. That way you will have less headache and won’t have completed homes standing looking for owners to occupy. You may also offer incentives to entice early bird home buyers to pull the trigger and make a purchase . Finally, people don’t want to feel like the have  been sold, they want to feel like they bought it on their own buying decision. You want to create an environment that make prospects purchase decision making  effortless and as easy as a good day can be so that it doesn’t look like you sold them the property. I know this sounds perplex, but it is the state of affairs. It is human psychology.

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Read also: Why do Americans leave their luxurious life and move to Ghana?

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Read also: ECO-FRIENDLY HOMES FOR SALE WITH SOLAR IN GHANA

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Take Away

Are you Ghanaian in the diaspora or a foreigner national interested in Ghana real estate?  Perhaps you are a busy person  looking for  real estate service provider in Accra Ghana to handle your real estate needs hands-off? Villashark’s one-stop-shop diaspora services has got you covered. Check out our services packages and choose the plan that best fit you. If you have any questions feel free to contact us.

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