Thursday, March 13, 2008

Marketing Tips For Realtors

by JD Freedom

Starting a career in Real Estate? Need to Generate leads? Although unexperienced, entering the market with the right tools and knowledge will jump-start your career and take you to the next level.

Did you know that 90% of all Buyers and Sellers start their search online? This is why it is mandatory to have an online marketing strategy in place and ready to implement!

These 4 Tips For Realtors should help you along your way to a successful career in Real Estate:

Knowing Your product - this better be an easy task if you are a Realtor. However, you must come up with a way to differentiate your product from the competition. The Real Estate industry is grossly overly saturated, and you will be "the norm" if you don't stand out. Realtors now specialize in areas, sub-areas, ocean-view etc. Example: To survive in the Seattle, you have to brand yourself. If you are creative, you may brand yourself in ocean view property, and even more you might be a specialist with condos. When any Buyer or Seller is thinking of ocean view condos in Seattle, you want to be the first person they think of. - You are the expert on the subject. Therefore, you need to come up with key phrases that will target this niche. So when a Buyer or Seller (90% of them) is searching online, your website will top the list!

Product Development - you need a product that will lead to traffic coming to your site, and ultimately converting that traffic into a lead, then a deal. Of course many Realtors have blogs and personal websites which are great for personal branding and web presence, but is your name or your company's name usually typed into a search engine? Most of the time the answer is no. For example, if I want to buy a loft condo in Greenwich Village unless I already have a Realtor (we are not looking for these people) I would type in "Greenwich Village Lofts" or something like this. So to capture the potential clients we are looking for, we need to have that key phrase (our niche) to be a prominent result in search engines. It is the phrase not your name, or your companies name that will produce results.

Traffic - Now for your marketing skills. Being a Realtor, you MUST have lots of traffic or you are doomed. Niche marketing is the most effective and efficient tool for Realtors marketing online. Having niche targeted websites is becoming the future of online marketing for Realtors! Personal branded sites are important but you also need a website that gets top page rankings for Buyers, and another website that gets top page ranking for Sellers. To get this, you need websites that are Search Engine Optimized (SEO) and tailored to your target market.

Conversion - this is what REALLY matters. Lots of traffic won't mean anything unless you can convert it into sales! Some Realtors, after obtaining an online lead, will offer a free Buyer's or Seller's eBook as a way to 'break the ice'. When you reach this point, it's now time to do your job as a Real Estate Professional and provide them with your specialized expertise.

I hope you found this article helpful and wish you all the best in your Real Estate Career.

About the Author

Want to generate real estate leads?. For more information on how Agent Stealth Lead Systems work, please take a moment to watch a free video on lead systems for Realtors