Fed up with property flyers? You're not alone. Residents like Amara Ong from Pasir Ris have voiced their frustration over what they see as an invasion of privacy and a waste of paper. Despite the backlash, property agents continue to rely on printed flyers as a low-cost, high-visibility method to reach potential clients.
Why Flyers? The Numbers Game
Agents argue that flyer distribution is a numbers game. The more units they reach, the higher the chance of a response, especially from those not digitally savvy. However, the ROI is often unpredictable. Some agents, like Nikmat Jawini, have spent thousands without securing a single deal, leading them to abandon flyers for social media.
The Cost of Visibility
Distributing 10,000 flyers can cost around S$555, not including the additional S$800-S$900 for distribution. Agents like Richmond Chia emphasize the need for consistency, suggesting that flyers must be distributed for at least six months to be effective. Yet, many agents give up after a few months, seeing little return.
Beyond Flyers: Creative Alternatives
Some agents have turned to handheld fans, fridge magnets, and even TikTok to stand out. Nur Fajrina Abdul Rashid, for instance, distributes fans during roadshows, focusing on exposure rather than direct conversions.
Ethical Concerns and Complaints
Flyers often feature exaggerated claims like "guaranteed high prices," raising ethical questions. The Council for Estate Agencies (CEA) has guidelines to prevent misleading advertisements, but enforcement remains a challenge.
The Future of Flyers
Despite the disdain, marketing experts like Prof. Lawrence Loh believe flyers won't disappear soon. They offer a tangible, persistent reminder that digital ads can't match. However, solutions like an opt-out registry could balance residents' preferences with agents' needs.
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