Facebook Marketing for Real Estate Agents: 11 Facts You Need to Know

By
Services for Real Estate Pros with Jessica Cates Creative

facebook_for_real_estate-1

Editor's note: This blog was originally published in July of 2014. It has been updated for accuracy and comprehensiveness.

 

Not sure if you have time for Facebook? Make time - the reward is worth the investment.

 

Facebook continues to be the best social medium to use for real estate marketing purposes. Other platforms have their perks, but if you’re looking to grow your business through social media marketing, you should be focusing on Facebook (and real estate blogging!).

 

There are dozens of ways to use Facebook to grow your network and build your real estate brand. If you’re just getting started, try a few of these social to-do’s:

 

If you haven't started yet - don't hesitate! Now’s the time - and here’s why:

 

  1. FACT:
    Facebook has 1.44 billion monthly active users worldwide. (facebook.com)

    WHAT IT MEANS TO YOU:
    “Monthly active users” refers to the number of people logging in to their account on a monthly basis. The 15% growth rate proves that any rumors about it going away or becoming obsolete as a marketing tool are merely myths at this point in time.

  2. FACT:
    50% of active Facebook users log in daily. (facebook.com)

    WHAT IT MEANS TO YOU:
    This stat is huge. When you consider the massive numbers of total active users, a 48% daily interaction means Facebook is no longer just a hobby for users – it’s become a habit. That means you have access to a large, engaged audience for your marketing efforts.

  3. FACT:
    Facebook has 1.25 billion active mobile users – a number that has increased 34% year over year. (facebook.com)

    WHAT IT MEANS TO YOU:
    Mobile growth is astounding – it’s actually grown even faster than the Internet did during the “dot-com” boom. Being able to reach consumers on the go is a great asset to any real estate marketing strategy.

  4. FACT:
    Users age 25-34 make up 29.7% of users – making it the most common age demographic. (Emarketer)

    WHAT IT MEANS TO YOU:
    This is the prime target demographic for first- and second-time homebuyers, and you have an opportunity to engage these key consumers on Facebook.

  5. FACT:
    Highest traffic occurs mid-week between 1 to 3 pm. (bit.ly)

    WHAT IT MEANS TO YOU:
    Consider this stat when planning or scheduling your posts and test it out to see if you get better interaction with your consumers during these timeframes.

  6. FACT:
    Engagement is 18% higher on Thursdays and Fridays. (bit.ly)

    WHAT IT MEANS TO YOU:
    If you’re going to post questions or content that requires engagement, consider this stat to optimize your marketing results.

  7. FACT:
    More than 30 billion pieces of content are being shared on Facebook each month and an average Facebook users shares 90 pieces of content each month. (kissmetrics.com)

    WHAT IT MEANS TO YOU:
    This is another stat that verifies the fact that people are not only logging into Facebook, but they are actively engaging with it – posting, liking, commenting and more.

  8. FACT:
    One in five page views in the United States occurs on Facebook (Infodocket) and 6% of all digital time is spent on Facebook each day (eMarketer).

    WHAT IT MEANS TO YOU:
    Facebook has an incredible market share of total web views – making it the best social network to use to engage with prospects and clients.

  9. FACT:
    83% of marketers indicate that social media is important for their business. (Social Media Examiner)

    WHAT IT MEANS TO YOU:
    Marketers get it – and, as a real estate agent, so should you. Don’t miss out on the opportunity to be engaged via social media. Your competition is out there, don’t let them steal your spotlight.

  10. FACT:
    The average number of Facebook friends per person is 338. (PEW Research Institute)

    WHAT IT MEANS TO YOU:
    The more friends and likes you get on Facebook, the faster you will see exponential growth in terms of your reach and sphere of influence.

  11. FACT:
    80% of US social network users prefer to connect to brands through Facebook. (State of Inbound Marketing)

    WHAT IT MEANS TO YOU:
    If you haven’t incorporated social media marketing into your business yet but you’re thinking about it – consider starting with Facebook. They’ve created the best atmosphere for brands wanting to promote their services and interact with consumers.

 

 As you can see - Facebook provides huge opportunity when it comes to effective marketing for real estate agents. Now it's time to  start planning your social marketing strategy.


 

Click here to get your copy of our free real estate social strategy questionnaire + social landscape overview:

Posted by

Jessica Cates

Connect with me on LinkedIn

 

Comments (8)

Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Jessica: Facebook is such a good resource to reach new consumers. Use it on a regular basis and the results will come. 

Jun 19, 2015 05:06 AM
Stefan Winter
Real Estate in IL & NV | Owner of Real Estate Web Tech | Daily Vlogger - Las Vegas, NV
Owner - Winter Group & Real Estate Web Tech

Facebook is still great, if only they would not kill the organic reach of Fan Page posts. Every update it seems unless you have people on your fan page click the little option that they see all your posts, reach goes down.

Jun 19, 2015 05:17 AM
Jessica Cates
Jessica Cates Creative - Gilbert, AZ
Real Estate Marketing Expert + Blogger

Stefan Winter - true. The thing I love about it is there are really effective marketing opportunities to drive traffic at a super low cost. Once you've taken advantage of boosting posts and other affordable marketing, you capture more page fans and your organic reach begins to go up again. 

Jun 19, 2015 07:35 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Nice post, Jessica Schweppe .  The numbers are kind of staggering!  And, I like your format:  Fact & What It Means.

Aug 04, 2015 12:14 PM
Jessica Cates
Jessica Cates Creative - Gilbert, AZ
Real Estate Marketing Expert + Blogger

Thanks Carol Williams!

Aug 04, 2015 04:11 PM
Ivana Robinson
EProRealty - Plantation, FL
Real estate agent serving greater Fort Lauderdale

I recently attended a webinar on FB marketing, and they suggested that publishing posts after dinner time results in increased reach. It makes sense, people tend to scroll through the phone while lounging on the sofa after a meal :) 

Aug 05, 2015 04:02 PM
Jessica Cates
Jessica Cates Creative - Gilbert, AZ
Real Estate Marketing Expert + Blogger

Ivana Robinson - makes sense! I know I tend to get "caught up" with friends on social media when I'm lounging around in the evening. :)

Aug 06, 2015 03:17 AM
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

I do not believe that FB is for every marketer. You have to like interacting with people, not just auto-post.

Oct 21, 2015 06:48 AM

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?