Where are the Buyers?
by Amanda Cornelius
According to the recent study
conducted by the National Association of Realtors®, 84% of
homebuyers now use the internet to search for homes. Although
getting your properties online can be a daunting and somewhat time
consuming venture, now more than ever, you need to have a
comprehensive online marketing plan. A free posting on
CRAIGSLIST.org will go a long way towards showing your clients and
prospects that you know where the buyers are.
Another good idea is to get a Google Adwords account. Here you can
bid on search terms also known as “keywords”. If a prospect enters
one of your “keywords” into the Google search box, your listing will
appear in the sponsored search results. The higher the bid, the
better the placement. The key to success in this arena is to make
sure to target your keywords. Don’t bid on keywords such as “Los
Angeles Real Estate.” Terms like these are too broad and can cost
you a small fortune in unwanted traffic. For best results, use terms
like “3 bedroom home in North Hollywood”. If someone on Google types
in a variation of that search term, your website is likely to
appear. Tactics like this can also help you on your listing
presentations. Showing your prospects that your listings are easy to
find on Google is likely to impress any seller.
Creating a next generation virtual tour like the HDZoom tour offered
by RealBiz360 enables you to showcase your listing in a beautiful
full screen format and lets viewers Zoom in to see the incredible
detail of high resolution images.
Do your listings have their own website? Building a single property
website (425MapleAve.com) for each of your listings is one of the
simplest things you can do to keep sellers happy and keep buyers
interested. ListingDomains.com, the leading property website
provider, will automatically feed your listing data to several
property portals like Trulia and Zillow, and they include a tool
that allows for easy posting to CRAIGSLIST.
What Buyers value most
86% Photos
84% Detailed Property Information
68% Virtual Tours
45% Agents Contact Information
44% Community Information
Educate your clients
Next time your clients push you to get an expensive newspaper ad,
make sure they know that only 3% of buyers found their home in the
newspaper. Juxtapose this with the fact that 29% found their home
online*. Then ask them where they think you should be concentrating
your marketing budget. By educating your sellers you can save
thousands in fruitless advertising expenses.
*The 2008 National Association of REALTORS® profile of home buyers
and sellers.