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How Intense Is Your Marketing On Social Media?

By
Real Estate Technology with Home Junction Inc.

According to a study in Realtor.com, 47% of Realtors surveyed said Social Media was their best source for generating high-quality leads.

That's an amazing statistic. And it shows how important those platforms have become.

Here are some more facts.

  •  26% said they used social media to promote listings
  •  25% said social media helped them build or maintain relationships with existing clients
  •  21% had a social media account because they felt they were just expected to do so
  •  13% used social media to find new prospects
  • 5% reported they enjoyed using social media
  • 3% said they used the platforms to network with other agents

Real Estate Data API and other sources of content

Since agents rely so much on social media, this begs the question.

What do they post?

New listings are obviously one idea.

Here are a few more suggestions:

How about charts showing local market conditions?

Graphs indicating trends in Home Sales?

Charts showing the direction of Home Prices?

In different neighborhoods.

Maybe comparing one neighborhood to another.

With a Real Estate Data API (snippet of software that creates a pipeline to a national data provider) an agent can display hyper-local information about different neighborhoods on their website.

They can also use this valuable information for posts on social media

Create a teaser headline driving social users back to your website.

Or perhaps, ask them to sign up for your newsletter for a steady supply of market updates.

Maybe just use that local data to promote your name and brand as someone with local knowledge.

Other suggestions include:

  • Testimonials
  • Relevant advice, eg how to prepare your home to sell
  • Local neighborhood news, eg, a new store or restaurant coming to town (as you know popular local amenities help boost property values as well)
  • Facts about the town or city where you live
  • Local events

One of the great advantages of social media is that the use of these platforms is FREE.

(Although with paid social media advertising, you can reach out to more individuals and target them better).

But that free price can be deceiving.

Because it does cost time and the right tools to keep providing content posts of value.

Obviously, lots of people, not just real estate professionals, are busy promoting themselves on social media. It's a crowded space.

To stand out, look for different ways to provide content that stands out as well.

 

 

Peter Mohylsky, Destin BeachPro
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

Nice post and great ideas, I will share and see what the masses think of these ideas.

Apr 01, 2020 05:10 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 / Prop. Mgr, Wenatchee, WA

Almost everyone loves graphics and visuals, don't they Robert?  Thanks for sharing your ideas.

Apr 02, 2020 12:28 PM
Ray Henson
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

Those are some very good ideas.  I was unfamiliar with the Real Estate Data API.  I will have to look into it more.  Thank you for the ideas.

Apr 11, 2020 06:05 AM
Debb Janes
Nature As Neighbors - Camas, WA
Put My Love of Nature At Work for You

The other day, my 93 year old mom asked me if I knew a man named Ken R.......... He's a realtor in the area, and sent her a friend request. He's basically using our neighborhood Facebook groups to fish for new clients.She and I were completely turned off by his method. Hopefully, we can find ways to attract the clients to us on Social Media, not use it as a free for all data base. 

Apr 11, 2020 07:36 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

These are some great suggestions for things to do online. Some use social media well, some do not.

Apr 11, 2020 01:11 PM
Matthew Klinowski, PA
Downing Frye Realty - Naples, FL
Naples Golf Guy | Find Your Dream Lifestyle

Hi Robert, thanks for sharing the detailed stats on social media which I also view is a great way to stay connected with both clients and agents. I use Hootsuite to help manage posts for multiple social media platforms which saves quite a bit of time.

Apr 12, 2020 07:56 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

I'm surprised that many are using social media to generate leads. I use it to booster my sphere - keeping in touch with them, letting them and their friends know I'm active and still selling.

Last year, 99% of my business was from repeat and referrals but, I still do many of the things you mentioned. I believe it gives us credibility, don't you? Brand recognition, if nothing else.

Thanks for sharing, Robert!

Apr 12, 2020 01:49 PM
Dennis J. Zisa & Associates, Inc.
Dennis J. Zisa & Associates, Inc. - Camden, NJ
31 years in So. Jersey and the Greater Camden area

Great points and statistics. Also, excellent point that "free"  is seldom if ever free....Time is money! 

Apr 16, 2020 05:49 AM
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

I always like and appreciate getting good information/suggestions about social media marketing ideas

Apr 16, 2020 07:47 AM
M.C. Dwyer
Melody Russell Team at eXp Realty of California, Inc. - Felton, CA
MC Dwyer-Santa Cruz Mountains Property Specialist

Congratulations on getting your post featured Robert Caston 

Even though I see your post was written before the shelter in home order by the Governor of CA, your post is even more timely now, since everyone who can is now working from home.    I suspect the time many of them used to commute is now free for spending more time on social media.

Apr 16, 2020 08:22 AM
Mary Hutchison, SRES, ABR
Better Homes and Gardens Real Estate-Kansas City Homes - Kansas City, MO
Experienced Agent in Kansas City Metro area

Oh I should be doing more with social media...probably need to hire someone as I do see the value!

Apr 16, 2020 09:04 AM
Jan Green - Scottsdale, AZ
Value Added Service, 602-620-2699 - Scottsdale, AZ
HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN

Lots of great things to do to ramp up our online presence, and free!  It's all about the right time of day to maximize viewing. 

Apr 20, 2020 11:16 AM