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SEO is Intended to Generate More Leads?

By
Services for Real Estate Pros with MyST Technology Partners

A real estate agent recently told me that...

"SEO is intended to - bottom line - generate more leads and create competitive advantage."

I don't agree - bear with me.

  • There's a sign on your building that broadcasts your business name and company logo - is it intended only to generate more leads?
  • There's a business card in your wallet with your logo and name on it - is it intended only to generate more leads?
  • Your business name and logo is on a banner at a local chili cookoff fund raiser - is it intended only to generate more leads?

Most would answer "no" to these questions because brand building, advertising, and community support all work in unison to create the face of your company - a company that can be trusted and one that provides good service and great value. If you don't do these things, it will be difficult to generate leads. So why do realtors generally think that SEO and web visibility activities are any different? (please, tell me if I'm in the weeds on this)

If you raised the height of the sign on your building a bit higher to get more visibility from a nearby highway, would you do so to generate more leads? What if you upgraded it to a neon sign - is that the equivalent of physical SEO? I think that's part of it, but the sign is a strategic asset, not a tactical asset. The community and visitors to your community would come to know your brand without ever doing business with you - that's a desired result that has little to do with the narrow marketing function of generating leads.

A football coach will instruct his wide receivers to do 200 sit-ups at every practice. The receivers will argue - Why should we? We don't do sit ups in a game. The coach understands that there are strategic reasons for doing sit-ups. Creating good content, high-quality HTML, or doing lots of sit-ups are strategic things designed to make it more likely you'll catch a key pass, or get a conversation that turns into a lead, and remain competitive at the most crucial instant when you need to catch a pass in the face of stiff competition or attract a prospect who's ready to become a customer.

"... intended to - bottom line - generate more leads ..."

I think most of the real estate industry (and many other industries as well) have misjudged the relationship between these very narrow technical (and tactical) ideas, and strategic business marketing.  SEO of a web site (or blogsite) is a business hygiene issue - if you don't do it, you'll struggle for visibility about your marketing message in the search engines. Competitors that address this level of hygiene will be less likely to experience trouble, but just because you have clean HTML code (for example), you won't gain any competitive advantage because your competition can be reasonably expected to also address similar hygiene issues. Competitive advantage is not related to hygiene - it's related to your marketing message and how you differentiate from your competition.

In my view, the intent of raising the height of a sign, increasing the color density of a brand logo, improving the quality of your site's HTML, or your interest in blogging, are all related to increasing sales, not generating more leads. Indeed, some of these activities may directly [or indirectly] generate more leads, more traffic, more of everything - but consider the strategic importance of these activities and then build your lead generation tactics around your strategy.

If you believe SEO is intended to generate leads, please leave a comment to educate me.

Josh Sommers
Top Shelf Real Estate Data: 1MauiRealEstate.com - Wailea, HI

Aloha Bill,

SEO for the real estate industry is about more than html tags, words you choose and the color of your text.  It's about the findability of your site.  Leads are a result of doing the right things on your website to convert viewers, not SEO.

Conversion rate is critical.  If you do absolutely nothing with SEO, get 10 unique hits per day and convert half of them, that's 10 leads.  But if you can increase the findability of your site to get 1000 hits per day and only convert 2% of them you have doubled your leads.  SEO also ensures people get the content they are actually looking for. This will automatically help increaseyour conversion rate . Google is constantly weeding out those "tricking" the system to get to the top. 

If nothing else, SEO in the generic sense is still critical to ensure you don't unknowingly do the wrong things (like duplicate content, linking to non-reputable sites, poor navigation, flash based [no content/text] portals, etc.) or anything that will get you blacklisted from major search engines.

All in all, SEO will get you more traffic, but it's up to you as to how to convert that traffic into qualified leads.  Don't let anyone convince you it's all about html tags and the like. When all is said and done content is the key.  This is the reason I love your services at http://blogsite.com/

Aloha,
Josh

Dec 09, 2006 06:27 PM
Bill French
MyST Technology Partners - Dillon, CO

Thanks Josh - good points.

The point of this post was to carefully suggest that there's a big difference between traffic and sales. If an SEO tactic is undertaken to double leads, but the leads are low quality, then what have you really achieved? Quite possibly, you may be worse off with more [low quality] leads, right?

While it's true that SEO tactics will generate more traffic (and presumably more leads), it doesn't generate more sales or greater profitability unless it is performed in conjunction with a clear marketing strategy. My post was intended to help folks see that SEO is the wrong axis to focus on if more leads is the business objective, especially high quality leads. High quality leads can only come from strategic objectives based on a sustainable brand and Internet visibility plan.

Dec 10, 2006 08:58 AM
Scott Sohle
RE/MAX Western Realty - Durango, CO
RE/MAX Western Realty

Hi Bill, Great blog!

Thanks for the tips. The more we can all help each other the better, since nearly none of us compete in the same market. Being at the top of a search is not necessarily going to bring you more leads. We have to make our sites more "sticky" as well.

The wind is always changing, it is for us to judge, by watching others how to adjust our sails properly.

More power to the individual agents beating up on the corporate giants with megabucks IT departments.

Mar 20, 2007 08:03 AM