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Internet Lead Generation: Principles & Tools

By
Services for Real Estate Pros with Altos Research

Here's the basic scoop of developing leads from your website and blog, with some screen shots down below to show you some excellent services that are free (or very inexpensive)...

1. Be found - This is where blogging and a regular updates to your site helps potential prospects and clients find you on the web.  There's constand chatter and a billion dollar industry around "search engine optimization" and "SEO."  At it's core, that just means - Can you be found?

You need not pay for "search engine optimization" if the content on your website matches with what local buyers/sellers are looking for. 

Once you've been found....

2. Be interesting & useful - This means unique and compelling content.  We've (meaning Altos Research) have always felt that there are three (3) questions that home buyers & sellers care about:

If your website provides complete answers to these questions, then a website visitor has less motivation to leave your site (or "bounce" as it's called in web marketing circles).  You become the consultant and resource for the buyer/seller when it comes to their local real estate market. And that's the point, right?

And once they've found you and see that you are indeed the local market expert...

3. Have a "call to action" - A reason to be in touch.  Be specific!

Bad:

"Call me when you're ready to buy or sell!!"

Good:

"If you'd like a local market report for your area like the sample here, just fill out this form and it will be emailed to you right away."

"I can prepare a marketing analysis for your home based on transactions from the last three months.  Fill out this form with your address and I'll complete one for you within in five days."

4. Track your web traffic - If you opened a retail clothing store, you'd want to know how people found your store - whether it was because of an advertisement in the local paper, word of mouth, saw your sign from across the street, etc.  And you'd want to know exactly how many people came to your store each day and compare that number to sales at the register.  Same goes with your website.  This is your store! 

Some resources for tracking your tracking your website traffic:

Google Analytics - This is a FREE service from Google that enables you to see how many website visitors you have each day, how long they were on your site, and how many pages were viewed.  Here's a sample screenshot from my Google Analytics account that I use from my personal blog:

From here, I can see that I get anywhere from 2-25 visitors per day.  I can also drill down to a specific day to see if perhaps my blog traffic did better after certain articles that I've written. I also see that my visitors spend 1.5 minutes on my site.

MyBlogLog - This is service provided by Yahoo!  For as little as $25/year (yes, that's per year!), this will track more specific inbound links.

Again, using my personal blog account, here's an illustration of how it looks:

 

On the left, I can see the exact inbound location - some are from comments I've posted on other blogs, some are search terms on Google, some are from emails that I've sent to friends letting them know I have a new blog post, and one is from my Facebook profile.

By knowing how people find my blog, I can continue to accentuate this channels.  (Looks like I should keep commenting on other blogs!).

3. HitTail - This service requires a subscription, but gives you a "blow by blow" account of inbound web traffic. 

Using the Altos Research HitTail account, I can see a cross-section of this morning's traffic, the time of the visitor, and the search term used to find us.  (Remember the "Be Found" principle...)

 

4. Industry Resources -

Outside of the real estate industry, there are all sorts of resources and companies.  For example, check out LeadsCon.  Not that you need to attend, but take a look at the exhibitors list and visit their websites.  Good companies have lots of educational information and tips that you can glean without actually paying for their services.

Other websites, such as the Interactive Advertising Bureau (found this from a Guy Kawasaki tweet), focuses on interactive advertising and lead generation practices.  Tons of info here.  It can get a little theoretical and focus on "big business" but the principles are all the same.

If you're not abiding by these principles, then you're probably not serious about using the Internet for prospect and lead development.  That's okay - many agents I know work strictly by referral, so developing leads from the web is a very low priority. However, if your website or blogs is an integral part of your business and marketing plan, be sure to utilize these basic principles.

Mike Parker
Blackwater Consulting - International, IT

Hi, Scott

 

You made an interesting post here that is mostly right on. There is one thing that I think might be a bit optimistic, and that is "You need not pay for "search engine optimization" if the content on your website matches with what local buyers/sellers are looking for."

 

Well, I ran Mountain View CA Real Estate on Google, and Google told me that 993,000 entries were found for that phrase. Now tell me, how do you get on page one again? With simply content? I'm afraid that isn't so. You need relevant link strength, a well optimized site, html tags that relate to your content and all the things you cite in your article.

Otherwise, you are just another nice site that no one can find. REAL SEO gets results you cannot get on your own. Want to try it? Just type "for realtors" into Google. We come up number one, NAR comes up down the page. That's what REAL SEO does for cleints, too; it expands their reach into amalgams of the words that describe their market. It truly is synergistic.

We have clients being found and presented on up to 500 different first page search results on the three major search engines. It is not possible to accomplish that as a one man band, no matter how talented one might be, because the cheese keeps getting moved. Since agents need to sell homes and not spend all day monitoring algorithms and optimizing for them, most successful agents choose to leave all that to a professional.

FSBO's think they know how to sell their home just as well as an agent, too! With SEO so vital to success online, I don't think most agents should act like FSBO's with the lifeblood of their business--being found and selling homes online.

Your other points are valid and thanks for sharing them with everyone.

Dec 18, 2008 06:36 AM
Mirela Monte
Buyers' Choice Realty - North Myrtle Beach, SC
Myrtle Beach Real Estate

You had me at "Hello" with your other article which I re-blogged, instead of bookmarking it, a technique that works better because it gives me points, affiliates with with "winners" and ensures that I'll find the blog again (overall much better than bookmarking, which in my opinion is where blogs are left to die).

I will most likely have to subscribe to your blog, since you seem to churn out one winner after another. 

I will re-blog this also.  I invite you to post your extraordinary blogs to our Optimist Group.   We're not a marketing group; we're a "Do everything better" group and we embrace good solutions to any problems.  You're obviously well versed in Web optimization and I believe you'll find quite a following among our group members.

Back to my reading now.  Thank you for writing a technical blog I can actually understand and relate to!

 

Dec 23, 2008 02:51 PM
Scott Sambucci
Altos Research - Mountain View, CA

Hi Mike - No doubt that there is a place for SEO and placement in situations such the search term for "Mountain View Real Estate."  However, many agents will admit to struggling with compelling content once the website visitor has arrived, and can instead strike and be effective with long tail search terms, or drive traffic through alternate channels such as commenting on other blogs and articles.

Driving traffic to your site with such broad search terms will result in a couple of things:

1. Lots of "bounces" - this is bad b/c once a visitor "bounces," that person won't come back.

2. Lots of traffic but no leads, which is why SEO is just a start to the concept of Internet Marketing. Once you get them to your website, it's vital to have a lock-step and clear value proposition for the user to convert from being an anonymous visitor to a real lead/pre-lead.

3, Leads, but not necessarily GOOD leads.  Many agents have not set up their sales systems to handle an overwhelming number of leads, or know how to handle lower quality leads that are very early in the sales procesd.

By focusing on the long tail approach and organic search, leads will tend to be better and fit into the mold of the agent's structures.

Dec 23, 2008 10:33 PM