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By building the Bella Montaña community, Cal Poly Housing Corporation answered the call for affordable, lifestyle-friendly employee housing. Unfortunately, the real estate market saw some noticeable changes between the planning phase and completion of the development. Sales stalled. Despite the university's motto of "learn by doing," Cal Poly Housing Corporation decided to let marketing professionals with a strong foundation design a plan to build excitement for solid sales. A recommendation from the developer led them to Web Feet. The Challenges
The IMC Solution
The Outcome
Within 24 hours of the first outreach piece the agent's phone started ringing and web traffic soared. Four homes entered escrow in the first two weeks of the new campaign. Less than three months after the launch, 11 homes had sold. That's an average of 1.1 home sales per week during a "slow" housing market. At the end of May, our campaign for the current school year was coming to an end, and 23 homes had been sold. The ongoing campaign continues to generate interest in the property. A pretty darn good job for a down market.
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About This Client:
By building the Bella Montaña community, Cal Poly Housing Corporation answered the call for affordable, lifestyle-friendly employee housing. Visit Their Website:
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