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Saturday, September 27, 2008

Real Estate Lead Generation

By Real Estate Sales Leads

Beginning a career in Real Estate can be very difficult as you are perceived as a small fish in a tank of sharks. Although inexperienced, entering the market with the correct knowledge and real estate lead generation tools will take your career right to the top!

It's no surprise that over 90% of Buyers and Sellers are now starting their searches online. With these high percentages, it's common knowledge that Realtors must have an online marketing strategy to obtain leads and convert them into sales.

I hope these 4 Tips For Realtors will help lead you in the right direction:

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 - It's imperative to have a product that will direct consumers to your site, then convert that traffic into a lead, and finally a deal. Many Realtors have blogs and personal websites which are or branding themselves and giving them a web presence, but is your name or your company name usually typed into a search engine? Majority of the time, the answer is no. Here's an 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 search "Greenwich Village Lofts" or something like this. To capture the potential clients we are looking for, we must have that key phrase (our niche) to be a top result in search engines. It is the phrase not your name, or your companies name that will produce results.

Traffic - here comes your marketing skills. As a Realtor you MUST have traffic or you are doomed. Niche marketing is definitely the most effective and efficient tool for Realtors looking to market online. Having niche targeted websites is becoming the future of online marketing for Realtors! Having personal branded websites is important but you also need a website that gets top search engine rankings for Buyers, and another website that gets top search engine ranking for Sellers. For this, you need websites that are Search Engine Optimized (SEO) and tailored to your specific market.

Conversion - this is what you ultimately work for! All of the traffic in the world doesn't mean a thing unless you can convert. After many Realtors obtain an online lead, they offer a free Buyer's or Seller's eBook as a way to initiate contact. Once you have reached this point, it's time to do your job as a Real Estate Professional and provide them with your expertise.

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

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