Social Media is rewriting the rules in the real estate industry and the future of print-based advertising is looking less glossy. Kelly Millar shares her opinion.
Make the most of your online advertising
Social Media is rewriting the rules in the real estate industry and the future of print-based advertising is looking less glossy. Kelly Millar shares her opinion.
The results of a recent survey by globaledge.co.uk reveal some interesting disparities between the marketing channels agents see as effective and the channels they actually use.
The top five most effective marketing strategies were seen to be the following:
Is print dead? It’s a question marketers of all persuasions ask themselves from time to time, whether they believe in the power of the printed word or choose to funnel all their advertising dollars into online options.
The US National Association of Realtors recently released its 2009 Profile of Homebuyers and Sellers and the results show an even heavier reliance on the Internet to find homes than in 2008.
The often-quoted statistic from the 2008 NAR report had 87 percent of US home buyers looking online for their next home. According to figures posted by Sara Bonert, zillow.com’s director of broker relations, that figure has now risen to 90 percent.
Bonert’s blog post also shows that looking online for properties was the first step taken by both first time and repeat buyers, rather than contacting an agent. Buyers spent an average of two weeks on this initial property search before they decided to find an agent to help them with the buying process.
propertyadguru.com occasionally receives requests for information on how to list a property online. While this may sound like a strange question to some, we think the fact that this question is still being asked probably reflects reluctance amongst some agents to make the jump to online advertising.
The reason we think online advertising is worthwhile is simple: it’s the fastest growing source of enquiry.
US property search engine trulia.com is reporting that US homebuyers are twice as likely to look online rather than in print for open house information.
Advertising Australia blogging blogs century 21 coldwell banker copywriting Customer Management display advertising email Email Newsletters estatecreate.com facebook FindaProperty.com Google google maps iPhone iPhone App leads Listings mobile advertising mobile phones NAR National Association of Realtors Online Advertising online video Photos Property Listings realestate.com.au rightmove.co.uk SEO single property websites social media social networking top 10 tips trulia.com twitter UK US Video video tours website content widgets YouTube zillow.com
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