A lot of people get marketing strategies confused because they believe that it is either “good” or “bad.” This isn’t the case-marketing can be both! Sometimes what works best as a strategy may not work for your business or you at this moment in time.
That being said, there are some types of marketing that aren’t very effective for most real estate businesses. There are also some strategies that even if they don’t work directly for your business, you could use them to influence other ways you market your property.
This article will talk about five common types of marketing that can be used for almost any type of real estate business and why none of them are totally useless. It will also discuss how one of these strategies can be adapted to promote a new property just like anything else.
Online advertising is one of the most effective ways to market real estate. There are several different types of online advertisements you can use to promote your house or condo. You can do it yourself, hire someone else to do it for you, or combine both strategies.
Running an advertisement on Facebook, Instagram, YouTube, or another website is cost-effective way to advertise. Using these sites with their paid features allows you to target specific demographics and get results quickly.
By using a tool like AdWords, you can create ad campaigns that focus on either direct sales or referral marketing. Direct sale ads typically emphasize describing the property and the benefits of owning it, while referral type ads ask people to refer you to the house or give you their phone number so you can call them about the property.
These services have fees per click, but they’re much more affordable than TV commercials or print materials.
Creating your own YouTube channel is an excellent way to start marketing yourself as an real estate agent or property seller. You can create your channel free of cost, but you will need to purchase some premium features such as video editing software and off-the-shelf covers to upload videos.
Once you have these things, creating your channel is easy enough. You can pick any username you’d like and then add members to your team (self included!). By adding people to your team, they will get credit for helping promote your content and you will receive rewards from them directly!
By having direct contacts in the field, your potential client base will be extended quickly. People are heavily influenced by what others say and do, so promoting your business through social media channels is very important.
Your followers can watch your videos and read comments about your properties and yourself to determine if you are worth working with or not.
Starting your own real estate business or career can be quite difficult at times. There are so many different ways to promote yourself as an agent that it can make it hard to know where to start.
Running your own show withing another company’s channel is always an excellent way to grow!
By creating your own site, platform, or account you will get to control your content, visuals, and branding completely. You will also have access to all of their tools, resources, and technology which may help in promoting your business.
There are several free blogging platforms out there such as Blogger, WordPress, and Tumblr. It is totally up to you what style of writing you want to do but they are all easy to use.
Some people begin by making blogs about lifestyle products or services before moving onto housing. The reason for this is because most agents already have things like cars, boats, etc. and can add more information about them to increase their image.
With homes being one of the biggest investments people will ever purchase, having a solid marketing strategy for re-marketing is important. People come and go when buying or selling a home, giving those without coverage an unfair advantage.
Having a personal real estate investing website, blog, or media outlet helps mitigate this risk. By producing your own content others don’t need to rely on yours nor your competitors’.
As we know, real estate agents are more than just door-to-door salespeople who try to get you to buy a house from them. They are marketers with digital marketing strategies that include Facebook pages, Twitter accounts, online listings, etc.
That is why it’s so important to have one clear brand identity across all those platforms. You don’t want your potential client to see different versions of you!
What kind of person uses their professional profile as a way to advertise products and services? I bet you can guess what they look like. A professional businessperson using their personal profile to promote a product or service is called influencer marketing.
Real estate professionals should be looking into creating an influencer marketing channel at least once a week. Realtors with a consistent presence will help keep your followers engaged and may even inspire others to become home sellers or buyers.
Buying an ad in the local paper is one of the most cost-effective ways to market your real estate property. The vast majority of people look at papers at their home, whether it be daily or weekly.
By placing an advertisement in the paper, you are targeting these individuals directly!
You can advertise your house by listing it under “For Sale” or “To Sell”, or you can write a article about the area and include links to some of the surrounding properties. Your offer should be based on how many hours each person involved spends on the advertisements per week, as well as what type of vehicle they use to get around.
People who have gone through the process before will likely agree that advertising in the newspaper is very effective.
Being able to call up a company and leave a message or make a call is one of the most effective ways to market any product. Even if you don’t get anyone back, you have left a voice mail which can eventually lead to meeting and business!
Cold calling is a great way to expose your services to potential clients that may need what you offer. While it takes some time to develop your phone speaking skills, I know from experience that once you do, you will love doing it!
There are many different types of cold calls which differ in how professional they seem. Some people feel more comfortable making calls than others, so don’t be too hard on yourself when you struggle to come up with conversation ideas!
Real estate agents who use cold calling as a marketing tool really take their job seriously. They spend time developing their talking points and learning about the property or house they will speak to soon afterwards.
Some industries find cold calling to be annoying, but real estate professionals view it as a necessary part of their jobs.
A lot of people make the mistake thinking that because you can send an email, therefore you must do it. But engaging in email marketing is not something everyone should be doing unless they have a reason to use it.
Email marketing is only appropriate when you have a product or service that will help your audience find new things or improve their current state of affairs. For example, if my company’s goal was to get more people reading, I would create an article about how to read better and include a link to download my book as well so people can start reading!
With real estate, one of the most effective ways to promote products and services is through direct free response ads or “pay-per-click” (PPC) advertisements on search engines like Google and Bing.
By using this method, you will receive credit for advertising directly with the engine, giving your business extra exposure where it counts – within their algorithms and data sets. This way, your business will get found even more easily, which is what matters the most.
A growing number of real estate agents have opted to go mostly online with their business. This is typically done through an interactive website where you can search for properties, get property information, apply as a lead producer – which means you’ll need to manage your own leads- or even create your own web show!
Many people begin doing this in their agency when they realize that most potential clients are using the internet to look up homes and check out photos and videos. It makes sense– why make someone come into the office if they could do all of that from anywhere?
This way, you will reach more people and potentially close more sales than having other professionals promote you. People may also share your page with others so spreading your message naturally is made easier.
There are many ways to advertise online for realtors, such as posting on social media sites, creating blogs, running paid advertisements on websites like Google and Facebook, and investing in sponsored posts on YouTube and Twitch.
