Posts

Seven marketing and business strategies for real estate agents

StrategyDriven Online Marketing and Website Development Article, Seven marketing and business strategies for real estate agents

Being a real estate agent is no different to working within any other industry: you’ll need to market yourself and your brand so you can be successful. There are a number of different ways that you can do this – however, what will work for a person in one industry won’t necessarily be the best for someone else in another role.

So what should you add to your marketing and business strategies to be a good real estate agent? Your aim is to make sure you can sell properties for the best price you can on behalf of the seller, and to attract buyers to gain interest in your portfolio. There are different methods and materials you could use to your advantage, so think about what could be the best strategy to use for your real estate brand.

These are only some of the items you could include in your plans.Try implementing some of them, and see what could be excellent additions to your business.

Use video

Using technology as a device for your real estate business will show your clients that you have a fresh perspective on selling homes. You could use video streaming for live auctions, for example, or use social media tools for quick home walk-throughs. Buyers want to have their agent to liven up what’s added to social media.

Try out VR

Tech-savvy real estate agents are looking to include virtual reality, or VR, for walkthroughs. Many people will want to view a property in the comfort of their current home and, by using VR, you can offer a comprehensive preview of that place. If you want to be competitive in real estate, then technology is one area that can give you an edge.

Put some effort into your online profile

You need to have an effective online profile so you can attract future business and get previous client referrals – so is an important part of your marketing by using websites for real estate brokers. Your profile should be compatible for all mobile devices as well as different computer screens; people are more mobile-centric, so you need to meet the demands of the smartphone market to make sure they will check you out.

Learn about your local property market

The valuation of a potential property is most likely to be based on other properties within the local area. So if the prices of property within one town are in the $220,000 range, for example, there might be an area where there are places that won’t sell for more than $178,000.

So do a bit of research into what properties sell for, so you can have information that you can present to a potential client. There are portals available that can give you details of recent sale agreed prices.

The area that you look at should be based on the number of properties that are in it. So if there aren’t that many homes in that place, then you will need to widen your search.

Develop your skills

Once you’ve learnt the basics, you should put them into practice. What would you do if a seller asks you to reduce your commission, or how would you explain what happens with inspection contingency?

The more people you engage with, the more practice you will have when it comes to tackling important topics. So have as many real estate conversations that you can, and practice any scripts.

It’s also crucial that you run your real estate career as a business, and develop your entrepreneurial skills. Make sure you carry out some research using a range of sources that will give you inspiration and ideas that you could put into action, as well as give you valuable insights. There’s a lot of real estate information online, including on YouTube, and there are numerous books you can also read.

Engage with your audience on social media

One of the most efficient ways of engaging with your audience on social media is to optimize your content, so it is easy to find and is something other than just promotional. You can also post direct questions to your followers – such as on polls and on Instagram stories, for example.

Use testimonials and quotes

Real estate isn’t the best material for you to create interesting and engaging content. So if you’re struggling with this, you can try using customer testimonials and interesting quotes. You will then have a steady amount of quality content if you turn these blocks of text into beautiful pictures.

Going Digital in Real Estate: How to Do It Right

StrategyDriven Online Marketing and Website Development Article, Going Digital in Real Estate: How to Do It Right

The real estate industry is experiencing massive changes in the digital era. With new online technologies, businesses are improving the overall customer experience while also being more competitive. This means that it is increasingly important to stay up to date and find out things like what a title company does in Florida. In this article, we’ll talk about some of the ways real estate businesses can go digital and reap large rewards!

1. A New Education Landscape

Anyone interested in venturing into the real estate industry needs to be educated. This does not mean that you have to go to school and take a series of courses and get a degree. In this digital era, education is more affordable and accessible. For instance, you can take a commercial real estate course online to become more knowledgeable. Through online modules, you can learn at your pace while completing assignments on deadline.

2. Build a Website

Being digital in real estate is also possible by creating a website, which will help establish your online presence. This is an opportunity to promote the properties that you are selling and to build brand awareness. To build a great business website, start by having a simple, catchy, and easy-to-remember domain name. Make the website intuitive, user-friendly, and relevant. Offer something valuable to the visitors.

3. Use Search Engine Optimization Techniques

It is not enough that your business has a website. Many real estate agents probably have their websites as well. To stand out, pay attention to your search engine optimization strategies. For instance, you need to conduct keyword research to know the search queries your target market is using. This will make it easier to conquer the top Google search results.

4. Start an Email Campaign

Your online marketing strategies will not be complete without tapping the power of email. It is a valuable tool to connect with new leads and to nurture a relationship with your existing client pool. The open rate can be low, which is one of the biggest challenges for real estate companies. Find a way to make emails more interesting and engaging. One of the best ways to do this is through personalization.

5. Tap Social Media

Social media marketing is another good way to use digital trends to promote your real estate business. Facebook, Instagram, and Twitter are some of the best platforms that you can use. Consider the target audience to decide which channel is most effective in getting your message across. It is also crucial to ensure that you have engaging content for your social media strategies to be effective.

6. Host a Virtual Tour

Gone are the days when giving prospects a tour of the property you are selling could be done personally. Nowadays, you can do it virtually. By using digital technologies, it is easier to give your clients an idea of the property that you are selling. Using 360-degree cameras and 3D rendering are some of the best things that can help.

Digital technologies are changing the real estate industry. As mentioned above, from training and education to hosting a virtual tour, there are plenty of ways you can use the power of digital platforms to succeed in the real estate world.

Email Marketing Tips for Real Estate Agents

StrategyDriven Marketing and Sales ArticlePotential real estate clients are of high value. Independent real estate agents and large, well-established realty firms and businesses are equally invested in reeling in potential clients at the first chance they have. After all, the average home seller pocketed a whopping $54,000 throughout calendar year 2017, says Attom Data Solutions. This marked a 10-year high on average returns on investment of between one-fourth and three-tenths of their original investments!

As you can already tell – as if you don’t already know – the worth of a potential real estate client is nearly priceless. For this reason, combined with the long-ongoing market trend that buyers are shopping online more and more, digital marketing is of utmost importance for professionals in the real estate industry. Email is especially crucial, as 94 percent of REALTOR realty agents make offers and tend to clients’ questions via email. An astounding 96 percent of REALTORS use email on a daily basis, making the communication channel more popular than even smartphones.

Here are a handful of solid tips for all real estate agents when it comes to email marketing.

First Impressions Matter – Both In Person And In Email Subject Lines

According to iContact, a holding of tech giant Apple, roughly half of all email recipients decide to or not to open emails based on nothing but subject lines. Real estate professionals should avoid using all capital letters, excessive exclamation points, and other symbols, though they should always otherwise try to make email headers as engaging as humanly possible.

Emails Need To Be Short

Some things in life aren’t, in fact, best when kept short ‘n’ sweet. Realty-related marketing emails should generally contain all pertinent information above the fold, meaning recipients shouldn’t have to scroll down to understand the email in its entirety.

Be Consistent In Sending Emails

Nobody likes to be spammed with marketing emails, though it’s generally a good idea to send out at least five personalized, targeted emails to each active buyer on your contact list.

Email marketing for real estate agents isn’t a walk in the proverbial park to master. However, since it’s so important in today’s realty trade, all real estate professionals should strive to master the art of email marketing.