As we prepare for the first day of a new school year, we are reminded of the importance of school districts and the huge role they play in the real estate world. School information is so important. It’s among the many reasons that it is included on every property listing onÂ Foreclosure.com. It is common knowledge that in many cases, a school district can make or break a property sale.
Realtors(R), are you using school districts to your advantage when you list properties? Do you market the property to the prospective school district? In many cases, buyers are not willing to leave their current school districts, so these become target rich environments. In other cases, there is a steady stream of families willing to relocate to neighborhoods with great schools. The value that an excellent school district adds or subtracts to a home is often immeasurable.
As a real estate agent, it behooves you to farm prospective leads in the most desired neighborhood school districts in your coverage area. For example, you could get involved in the Parent Teacher Association (PTA), attend school bake sales and network at athletic events. The relationship between real estate and school districts is valuable and should never be underestimated.