As I wander around the internet, following the thread of an interesting comment, I find myself in new spaces. I am fairly analytical, so I like reading about studies that have been conducted on various topics. Because I am considering how to develop my blog site, and what is the latest trend for SEO, I have been spending my time poking around the sites of many of the experts on this topic. After partaking in some discussions about Yahoo's BOSS, I followed a thread back to a site, which may prove useful to Realtors in our community here in the Rain.

Please read this post for yourself, but here is a quick summary. Marketers are researching how consumers find information on line, so they can better meet their needs. Many alt search engines have been filling this void, causing our clients to eschew Google and Yahoo for something more focused. Look around you, to see that there are many of these sites for the real estate industry. (A little definition as a precaution: “alt search engines” of course means alternative search engines, and these are sites that specialize in searching one specific topic; it is felt that they produce better results for searchers because they are so focused; for example, a search for home inspection can bring up results for nursing home inspections or for a real estate inspection).

Realtors will be aware that their firm has a main site that helps market homes that they are listing, so in a way they provide the same service as one of these search engines, but with a greater focus. Here is the rub of the study: your firm does not position well in search results. Independent websites are doing a better job at pushing homes than your brokerage firm. ReMax is doing best among these companies.

What does this mean for a Realtor? Maybe not much. From sites like Active Rain, we can see Realtors posting listings on their own, and they can come to position well in a specific market if they work on their SEO. However, if ReMax was at the top position for searches, a Realtor for Remax could gain quite a bit of authority in the search engines by associating with that site. Remember part of positioning on a page is based on the authority of other sites linked to you. Probably right now, it would be better for you to be associated with a site like Trulia or Zillow rather than your own firm's site. You may consider holding your firm accountable, and have them start working on their marketing for the internet.

What does this mean for the consumer? I pose this question because internet marketing does take on more significance in our world. You may wish to be more knowledgeable about how your home is being marketed. Does your Realtor have a presence on a site like Trulia? Here I should clarify a fact. If you are trying to go the FSBO route, you will find that many of these alt search engines will only except listings from Realtors or sites that have information provided by Realtors, so in some fashion, you should go with a Realtor, or you have to pay a fee to a site like FSBO.com. When you compare the Realtor's commission to the charges on that site, you may find that you are not really coming out ahead (I know because I did my own study of the costs vs. fees involved).

In the end, I encourage you to go to the source post. I just wish to give you something to think about, before you head over there.


Your Houston Home Inspector,

Frank Schulte-Ladbeck


 
Post is included in group: Rainmaking - Internet Marketing Strategies
Post is included in group: Target Marketing
Post is included in group: All Thing's Texas
Post is included in group: REALTOR LIFE
Post is included in group: ABC's of Real Estate Marketing

7 Comments on Is Your Firm Helping You Market Your Listings?

JUL
11
2008
305,207 Points 27 Featured Posts Outside Blog Hit Router

Frank -

We work hard here in Chicago to rival even top franchise companies in Chicago Neighborhood Searches, and searches in Downtown Chicago and The Loop - the results have been very encouraging this far!

Dean's Team Chicago appears on the First Page for many Chicago North Side Neighborhoods.

Individual agents and Teams must realize the goals of the broader franchisee may not mesh with their own goals - for awareness, mission, and lead generation.  In sum, don't underestimate the importance of getting YOUR OWN message across, with YOUR MARKETING PRIORITIES in mind.

I have been affiliated with the Keller Williams organization for roughly 18 months now, and Century 21 for 12 1/2 years before that.  Never have we relied on corporate marketing to completely mesh with our goals.  On the other hand, we always have we targeted our own marketing to take advantage of our corporate affiliation, while emphasizing our own unique strengths and benefits.

Never look at your company to do the job you need to do for yourselves!

I'm not knocking any firm, mind you.  Just putting in my two cents!

DEAN & DEAN'S TEAM CHICAGO

11:44am • #1
1 Featured Post

Dean,

in my view, you are doing the right thing. When I cam across this study though, I thought why should the corporate marketing not help its agents? For new agents, a supportive corporation could be a great assistance. Basically, maybe the corporations should be doing more for the Realtor out in the field. For now, agents should follow your lead Dean.

12:02pm • #2
121,447 Points Outside Blog

This is great information coming from a home inspector. I did not know that ReMax is that dominate.

12:07pm • #3

Dean, As a new agent with my company and poor marketing I have had to go to as many sites on my own to better show the listings and being on a limited budget it becomes hard. The many times I have made a suggestion all I hear is you are supposed to market yourself. May be time to look for a new brokerage.

Have a great day, Ray

12:34pm • #4
1 Featured Post

Mike- ReMax is the top firm which is not an alt search engine, but still they have work to do.

Raymond- your situation is why I thought this information should be shared. Having been in a corporate position, I know that local marketing is important for a local shop, but without the weight of the corporate office behind you, it means more work for the person in the field. Maybe the post that I link to can provide some help for managers when going back to corporate offices on this issue.

1:38pm • #5
JUL
18
2008
308,121 Points 3 Featured Posts Localism Sponsor Outside Blog

My company is really good about advertising all the listings, it's in their best interest.

11:58pm • #6
JUL
19
2008
1 Featured Post

Georgina, you have some wonderful posts about what is available on Maui, which I could see gaining a folowing with local clientele. I wanted agents to have a look to see why the corporations should be doing more for them.

6:34am • #7

Leave a response…



(optional)
What does the graphic say?
 
Rainmaker_large

Frank Schulte-Ladbeck

Houston, TX

More about me…

Frank Schulte-Ladbeck Professional Real Estate Inspections

Office Phone: (713) 781-6090

Cell Phone: (713) 972-2058

Email Me



Links

Archives

RSS 2.0 Feed for this blog

Find TX real estate agents and Houston real estate on ActiveRain.