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You’re familiar with the definition of insanity, right?
We’re not calling you insane, but if you’re still marketing your real estate business and your clients’ properties the same ways as every other agent and expecting better or different results, then….well, you know the rest.
In this article, we’re going to give you some creative real estate marketing ideas to sell a listing. Most of you won’t try them, but those of you that do will see results that you’ve never experienced before.
Are you ready to try something new?
Real Estate Marketing Ideas that Every Realtor Uses
Many Realtors, like most companies,continue to market their businesses the same way that they have been for a long time. Possibly worse, many Realtors justmarket their business and their clients’ listings the same ways that their competitorsdo – and expect different or better results.
If you’re guilty of either of these, then we’re willing to bet your marketing strategy goes a little something like this…
- Put properties on the MLS
- Buy ad spots in magazines and newspapers
- Spend weekends holding open houses
- Call brokers and past clients for referrals
- Spam purchased email lists
- Add properties to website(s) and social media channels
Now, don’t get us wrong here. Some of these tactics are still necessary, but if they aren’t coupled with creative, effective twists, then why would a seller ever want to list with you or a buyer ever wantto work with you?
Stop relying on the same tired marketing strategies as everyone else. Take some time toknow your businessso that you can then market itcreatively and effectively.
We’re even going to give you some uniqueideas that you’re most likely not using yet so you have no excuse to keep using the same ineffective, status quo marketing strategies.
Creative Ideasto Marketa Listing Online
There are two primary things you are responsible for marketing…(1) your clients’ listingsand (2) yourself.
A great agent needs to be able to do both and do them exceptionally well. Any type of mediocrity or lack of results will make it far too easy for buyers, sellers, renters and investors to simply move on to another agent.
Since propertiesare whatgive you a career we’re going to focus onsharing some unique real estate marketing strategies to effectively promote and sell a listing.
These “outside of the box” ideas may be what you need to move that stubborn listing and make your business a lead magnet for new sellers.
DISCLAIMER: We are simply providing creative alternatives – as ideas – to market a listing. In no way are we confirming that these ideas are 100% approved for your area. It’s important that you consult a lawyer on any of the ideas we recommend below before you move forward with them.
Idea #1: Let Them Try Before TheyBuy
Does anyone else find it strange that the largest financial transaction we make in our lives is often times done blindly?
What we mean by that is this…
Before you spend tens of thousands of dollars on a car, thousands of dollars on home appliances or hundreds of dollars on electronics you have the opportunity to try them first. You can touch and feel them. Play with them. And visualize them in your home or in your hands.
Why is this not entirely possible with something we’re going to spend hundreds of thousands or millions of dollars on?
Yes, you canattend open houses, walk through a home (usually as much as you’d like), take pictures, etc. None of this really provides the full experience of actually living in the home though.
So here’s the idea…
Use a service likeAirbnbto let prospective, qualified buyers stay in the home for a couple nights.
How would this work?
Logistically, the current home owner would need to make the home available through their own Airbnb account, but this is certainly something you could help them do or have someone do for them. It’s as simple as adding a listing to a real estate portal –even easier in most cases.
Why would this be effective?
Buying a home is largely an emotional decision. What better way to tap into someone’s emotions than to let them physically experience and envision what their life would be like with them in the home before they buy it? This would also be a great way to prevent buyers from wasting your time as this will weed out anyone not seriously interested in living there.
What is the marketing angle?
This type of offer / opportunity will really market itself – at least until everyone starts doing it. Not only does this show that you’re a cutting-edge agent staying at the forefront of leveraging new technology, but it proves that you and your seller care more about just getting the most money for their home. It shows that you / they want to find the perfect person or family for their home.
Idea #2:Havethe Neighborhood Sell the Home
How often does a client really get to immerse themselves in a new areabefore moving in?
Sometimes the amenities and attributes of an area can sell a home better than anything else. The problem is that most buyers that aren’t already familiar with a neighborhood can have a difficult time picturing what their life would be like in this new place.
Similar to our first idea above, leveraging new technologies allows you to offer a truly unique and immersive service for serious buyers. And the best part for you is that you can quickly set yourself apart from other agents by using this idea before they do.
So here’s the idea…
Use services like Uber and OpenTable to give prospective, qualified buyers an unforgettable experience in their soon-to-be new neighborhood of residence.
How would this work?
Thanks to the simplicity of the services recommended this is actually much simpler than using Airbnb as recommended in our first idea. All you would need to do is to use the OpenTable app or website to book a lunch and/or dinner for your buyers. And thanks to Uber’s open APIyou can actually order an Uber right from your reservation. The driver will already know where to pick up and drop off your clients.
Why would this be effective?
Very few buyers, specifically ones moving from out of town, take the time to explore an area as if they lived there already before purchasing or renting their new home. There’s no better way to do just that than by going out for a nice dinner without having to worry about driving aroundonly to get frustrated from getting lost because they don’t know the area. The car ride also allows them to notice parts of the area that they wouldn’t otherwise recognizefrom driving around themselves.
What is the marketing angle?
Similar to our Airbnb idea, utilizing new technology like this not only shows that you know how to leverage technology to help your clients, but it also shows your seller that you’re willing to go outside of the box to sell their home. In addition, it shows your buyers that you care more about them finding the right neighborhood, not just the right home.
Idea #3:Make Them Feel Like a Part of the Community Already
Is there anyone better at selling a community than the people who live in it already and love it?
One of the emotional barriers of buying a new home is the worry of feeling accepted and welcomed in a new community.
An effective wayto help prospective home buyers feel like they can seamlessly become part of their new community / neighborhood is to facilitate as many introductions to future neighbors as possible.
So here’s the idea…
Host a neighborhood Meetup in the property you’re listing that allows current community members to share their suggestions to improve the neighborhood.
How would this work?
Assuming that you’renot already leveraging an online group(e.g.Facebook Groups, Google+ Communities or LinkedIn Groups), then you’re going to use one of our favorite tools for many different purposes – Meetup. Once you’ve joined the site, then all you need to do is create your “meetup”, invite people and then make sure that neighbors and prominent community members are notified as well. If you fail to lock in at least 10 people for the event, then you can resort to a simple email thread asking current neighbors for improvement recommendations – of course, making sure that your prospective home buyer(s) are included in the discussion.
Why would this be effective?
Even with all of the different ways to meet and connect with people now it has seemingly become more difficult for some people to establish new relationships, especially when relocating to an unfamiliar place. Not only does a hosted Meetup allow your buyer(s) to quickly get to know their potential neighbors, but it also allowsthem to gain an innate knowledge of the highlights of the neighborhood and the people in it. These things could sell the home for you.
What is the marketing angle?
Since we’ve already established that an effective marketing angle here is your ability to show your technical prowess let’s focus on one other primary angle / benefit here. Since there’s always the chance of even the most qualified buyer not going through with a purchase you want to make sure that you always have a good network of prospective clients in your pocket. By holding a Meetup in one of your listings, not only will you be able to show off how you represent a listing, but you may also generate somereferrals from attendees. Who knows, one of the neighbors may have been waiting for this home to come on the market to move and they could be your buyer.
Idea #4:Give Them a Different Perspective
Have you ever felt like your verbal explanation came up short in showcasing aproperty to a remote buyer?
Even the most seasoned and experienced agents can undersell a property when they’re forced to simply use words.
Hands down, the best way to showcase a property is with high quality photos and videos. No secret there. To take these effective mediums to the next level though requires some creativity and help from some new technology.
Sohere’s the idea…
Use Goforto provide drone footage of your listing and the surrounding area.
How would this work?
Technically, at the time of this post, on-demand drone technology like Gofor is not widespread yet. However, assuming it will be soon the logistics are actually quite simple. Either have your client create their Gofor account or use your own to task a drone for aerial footage of your listing as well as the surrounding neighborhood. The simple alternative would be to hire an experienced drone videographer.
Why would this be effective?
Think of drones like mini-helicopters – they can providevantage points and footage that few other video or photo technologies can match. These unique, breathtaking shots can give buyers a real experience of a property and its surroundings without having to actually be there. At the end of the day, ahigh quality drone video of a property would impress your remote buyers better than your shaky iPad video or boring photo slideshow.
What is the marketing angle?
There are few, if any agents, using drones properly to market their listings – especially not like this. As drones become more popular, and allowed in more places, you will start to see more drone footage. If you’re one of the first to really use drones effectively in your marketing, then you can quickly set yourself apart from every other Realtor in your area.
Idea #5:Maximize theOpportunity
Have you ever wasted an entire weekend holding an open house only to have a poor turnout?
No matter how good your marketing is, this has probably happened to you at least a few times in your real estate career. And even if it hasn’t then we would bet that holding open houses is one of your least favorite things to do as a Realtor.
Fortunately, there are some creative ways to maximize the available listing that can generate revenue, buzz and more importantly interested prospects.
Sohere’s the idea…
Use services like EventUp and StoreFront to fill the listing with prospective buyers – or people who can refer buyers.
How would this work?
People are always looking for space to hold events and even to sell their items via trendy pop-up shops. There are few open locations that meet the space demands of these people better than residential listings forsale or lease. Through these services you would listthe property, set a price, set your guidelines and then let people inquire about the space for their event or pop-up shop. You can filter through the leads to handpick the ones that you think willbring the most buzz and prospects to your listing.
Why would this be effective?
Outside of the secondary advantage of being able to actually generate revenue from renting the space out, you are essentially letting the person or business renting your listing to do the marketing for you. It’s in their best interest to fill the event and all of these attendees now become possible prospects and word of mouth marketers for your available listing.
What is the marketing angle?
Simple – someone else is bringing people to the listing for you. Your main task, once the space is rented out, is to make sure every person attending that event gets some type of information and takeaway about the property. Not only will you probably get some good PR, but the word of mouth marketing this can generate will amplify your prospect database and heighten your reputation as a creative listing agent.
What Are You Doing Differently?
Hopefully the ideas above sparked some creativity and forced you out of your comfort zone when it comes to marketing a new listing.
We know that only a small percentage of youwill actually change how you do things by trying one of our ideas. For those that do, we would love to hear your experience on how things went – good or bad. If your story is compelling enough we’ll even do a follow up feature on this post highlighting you and your real estate business.
We challenge you to take some risks and do something different.
Are you up for the challenge?
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Related
FAQs
How do you promote a new listing? ›
- Leverage Social Media. ...
- Amplify Your Listing's Marketing with Advertising. ...
- Claim Listings on Major Portals. ...
- Send Mailers to Your Local Community. ...
- Create a Single Property Site for Your Listing. ...
- Share Listing Information with Other Agents. ...
- Brand Your Real Estate Listing Across Channels.
- Get great kerb appeal. The very first impression will be created upon approaching your property. ...
- A hall that enthrals. ...
- Depersonalise and declutter. ...
- A fresh lick of paint. ...
- Make minor repairs. ...
- The big clean-up. ...
- Give each room a purpose. ...
- Make the most of green space.
While widely known and revered in our industry, mastering these four concepts is frequently the elusive key to success at a property. These four approaches are commonly known as the 4 P's of property management: People, Price, Promotion, and Product.
How do you attract customers in real estate? ›- Buy Real Estate Leads.
- Engage With Your Community.
- Ask Existing Clients for Referrals.
- Create a Website.
- Post On Social Media.
- Specialize In a Niche.
- Try Cold Calling.
- Host Open Houses.
- Ask for referrals. ...
- Network. ...
- Offer discounts and incentives for new customers only. ...
- Re-contact old customers. ...
- Improve your website. ...
- Partner with complementary businesses. ...
- Promote your expertise. ...
- Use online reviews to your advantage.
- Host a social media competition.
- Share user-generated content on social media.
- Produce video tutorials.
- Jump on trending topics.
- Partner with other small businesses.
- Give quirky product recommendations.
- Collect customer feedback.
- Enter local awards.
- “To be successful in real estate, you must always and consistently put your clients' best interests first. ...
- “Every day you have 1,440 minutes. ...
- “Real estate is an imperishable asset, ever-increasing in value. ...
- “The problem with real estate is that it's local.
Price It to Sell
One of the most effective ways to sell your home fast is to price it competitively. If you price it too high, you detract prospective buyers out price out potential bidders. In addition, it make take longer to settle the negotiation process if prospective buyers want your price to come down.
- Offer new customers discounts and promotions. ...
- Ask for referrals. ...
- Recontact old customers. ...
- Network. ...
- Update your website. ...
- Partner with complementary businesses. ...
- Promote your expertise. ...
- Take advantage of online ratings and review sites.
- Auction. Auctions are a very popular method of sale, as the owner is in control of the process and sets the terms and conditions of the sale. ...
- For Sale (private treaty) ...
- Expressions of Interest (EOI) ...
- Tender.
How can I improve my home listing? ›
- Market Quality Visual Content of The Property. ...
- Show Off the Home's Unique Features. ...
- Highlight What Makes the Home Different from Similar Properties. ...
- Analyze Other Properties for Sale to Determine If Listing Price Is Appropriate.
The four basic sales strategies salespeople use are script-based selling, needs-satisfaction selling, consultative selling, and strategic-partner selling. Different strategies can be used with in different types of relationships.
What are the 5 marketing concepts? ›The five main marketing concepts are production, product, selling, marketing, and societal. Companies utilize these five concepts in regards to the product, price, distribution, and promotion of their business.
What are the 4 types of marketing strategies? ›What are the 4Ps of marketing? (Marketing mix explained) The four Ps are product, price, place, and promotion. They are an example of a “marketing mix,” or the combined tools and methodologies used by marketers to achieve their marketing objectives. The 4 Ps were first formally conceptualized in 1960 by E.
How do you get 10 listings in 30 days? ›- Step 1: Publish Useful Real Estate Blog Posts.
- Step 2: Stay In Touch With Previous Clients.
- Step 3: Create and Share a One-Minute Video.
- Step 4: Post on All Your Social Media Channels.
- Step 5: Make Connections with Personal Outreach.
- How to Get 10 Listings in 30 Days: Take 5 Simple Steps.
- Contact Your Sphere.
- Re-Engage & Follow Up with Past Clients.
- Attend Community Events.
- Build Your Social Media Following.
- Digital Prospecting with Facebook.
- Strengthen Lead Referrals through LinkedIn.
- Send Mailers.
- Go Door Knocking.
- Identify A Target Audience.
- Clarify Your Message & Goals.
- Review Your Competition.
- Define What Sets You Apart.
- Organize Your Budget.
- Determine Your Media & Distribution.
- Set Milestones.
- Create A Timeline.
- Beautiful in Its Simplicity. ...
- Artistically Inspired. ...
- Enhance Your Life. ...
- Enhance Your Beauty. ...
- Looks so Good on the Outside, It'll Make You Feel Good Inside. ...
- Never Looked so Good. ...
- Simply Awesome. ...
- Perfect From Beginning to End.
- Offer quality products. Good quality is the most important reason cited by consumers for buying directly from farmers. ...
- Cultivate good people skills. ...
- Know your customers. ...
- Use attractive packaging. ...
- Let customers try samples. ...
- Be willing to change.
The four Ps are the key considerations that must be thoughtfully considered and wisely implemented in order to successfully market a product or service. They are product, price, place, and promotion. The four Ps are often referred to as the marketing mix.
What are some creative marketing ideas? ›
- Try a Gamification Strategy.
- Create Interactive Content.
- Make Appearances in Expert Roundups.
- Host Competitions on Social Media.
- Use Creative Lead Magnets to Grow Email Lists.
- Plan Seasonal Marketing Strategies.
- Post Guest Content.
- Commission Some Art.
- Take full advantage of Google. Customers most often turn to Google first and foremost to find a specific product or service. ...
- Reward customer loyalty. ...
- Create video content. ...
- Use email marketing. ...
- Network with your community. ...
- Share your expertise. ...
- Hold a customer contest.
- “Move to What Moves You” -Halstead Property.
- “Your Gateway to a Richer Life” -Town and Country Real Estate, The Hamptons.
- “Move/Forward” -Bond Real Estate.
- “Where Dreams Come Home” -Coldwell Banker.
- “Find Your Nook” -Nooklyn.com.
- “Be Home” -Corcoran Group.
- “Let us Guide you Home” -Compass.
- Do your due diligence. ...
- Target homes on the lower end of your budget. ...
- Consider working with a mortgage broker. ...
- Keep a poker face when touring homes. ...
- Hire the right real estate agent for you. ...
- Understand the importance of marketing. ...
- Get a pre-listing inspection.
- “ Real estate cannot be lost or stolen, nor can it be carried away. ...
- “ Ninety percent of all millionaires become so through owning real estate. ...
- “ Buy land, they're not making it anymore.” – ...
- “ The best investment on Earth is earth.” – ...
- “ ...
- “ ...
- “ ...
- “
- De-personalize the house.
- Get rid of clutter.
- Clean the house thoroughly.
- Rent modern furniture and artworks.
- Let in more natural light.
- Fixing cosmetic damage. ...
- Updating kitchens and bathrooms. ...
- Doing partial fixes. ...
- Repainting in trendy colours. ...
- Renovating beyond your suburb's norm.
The listing agreement is made between the: overpricing. The most common reason a home fails to sell is: It requires a mortgage for validity.
How do I get customers to my marketplace? ›- Make a marketplace platform easy to use. ...
- Optimize the website for search engines. ...
- Create an attractive design. ...
- Provide a variety of payment methods. ...
- Include reviews and ratings. ...
- Offer customers a bonus for every joined friend. ...
- Develop a loyalty program.
- Build your unique value proposition. ...
- Build trust. ...
- Have a crystal clear plan. ...
- Figure out who the right customers are. ...
- Understand prospects. ...
- Create connections with potential customers. ...
- Reach prospects via different communication channels. ...
- Inform customers about vital information.
What's your * one * Best tip for selling through marketplace? ›
- Study where your customers are.
- Hide your best sellers.
- Pay attention to specialized marketplaces.
- Update your budget.
- Make the leap to automation.
- Pay attention to advertising.
- ... and to SEO.
- Optimize contents for voice searches.
The three most common ways to sell are auction, private treaty, and expression of interest (EOI).
What are the three methods of selling? ›- Product Selling. Product selling is exactly what it sounds like: selling the advantages or features of a specific product or service. ...
- Solution Selling. Solution selling goes beyond simply selling products or services. ...
- Insight Selling.
- Private treaty.
- Informal tender, also known as sealed bids.
- Formal tender.
- Auction.
A real estate marketing plan is a document that outlines your sales goals for the year by establishing a detailed budget, your target audience, marketing and advertising plans, and other strategies to grow your business.
How does marketing relate to real estate? ›Real estate marketing is a marketing strategy that involves promoting your unique value proposition to the general public to establish a brand, gain customers, increase sales & revenue by closing real estate transactions.
Why is marketing important in real estate? ›Marketing is vital to your real estate business since it helps you generate leads. The essence of lead generation is to help you attract many potential customers and sellers to your network. Lead generation is a short-term goal, but it can offer long-term benefits.
How do you market a real estate development? ›- Strategic Focus.
- Partnerships and Team.
- Showcase Your Properties in Style.
- Get More Leads from Your Website.
- Content Marketing and SEO.
- Craft Exciting Email Marketing Campaigns.
- Promote Yourself on Social Media.
- Use Videos to Attract a Larger Audience.
- Define your goals.
- Run a content audit.
- Research your audience.
- Pick a CMS platform.
- Start generating ideas.
- Select what types of content you will create.
- Publish your content.
- Measure your results.
...
2. Increase Awareness With Real Estate Marketing Mailers
- Brochures.
- Flyers.
- Newsletters.
- Postcards.
- Letters, stationary, and other real estate letterheads.
- Emailing marketing.
How do you do digital marketing in real estate? ›
- Create email campaigns. Emails are one of the most converting digital marketing strategies in the real estate world. ...
- Develop a user-friendly website. ...
- Pay per click advertising. ...
- Content marketing (add relevantly and SEO optimized content) ...
- Virtual tour hosting. ...
- Invest in SEO.
- Promote the town, not just the house.
- Be yourself.
- Educate your buyers.
- Chat with your followers.
- Respond to comments, good and bad.
- Avoid simply shouting about your home listings.
- Don't forget video.
- Never assume you're only connecting with first-time buyers.
- Create A Poll Or A Quiz.
- Share A Personal Real Estate Milestones.
- Share A Client's Life Milestones.
- Share A Video You Created.
- Organize Regular Giveaways.
- Retweet local news.
- Ask questions.
- Share a virtual home showing/open house video recap.
Real estate marketing is the practice of promoting a real estate business, agent, or their properties for sale. A real estate marketer is a person or firm that helps real estate enterprises develop their brand, create new connections, and increase exposure across multiple platforms.
Can digital marketing help in real estate? ›This will help potential buyers and sellers find your website when they search for information online. Digital marketing is an important tool for real estate businesses of all sizes. By using the right strategies, you can reach a wider audience and generate more leads.
Why do Realtors need digital marketing? ›A real estate digital marketing company helps you grow website traffic, enhance brand reach, generate sales that turn into leads, and become an extension of your company.
What are good realtor quotes? ›- “To be successful in real estate, you must always and consistently put your clients' best interests first. ...
- “Every day you have 1,440 minutes. ...
- “Real estate is an imperishable asset, ever-increasing in value. ...
- “The problem with real estate is that it's local.
A sales strategy is defined as a documented plan for positioning and selling your product or service to qualified buyers in a way that differentiates your solution from your competitors. Sales strategies are meant to provide clear objectives and guidance to your sales organization.
How can I grow my real estate business faster? ›- Be More Purposeful With Networking. ...
- Improve Time Management. ...
- Email Your Leads. ...
- Hire an Assistant. ...
- Let Go of Fear. ...
- Ask for Referrals. ...
- Don't Be Afraid of Social Media.