What is real estate content marketing
(and why is it so important)
Real estate content marketing is all about promoting your business through consistently sharing educational, entertaining or insightful information with the goal of:
Up until about 5 years ago, a homeowner looking to sell their home would invite 4-5 real estate agents in for a property appraisal before they decided which agent was going to sell their property. Their choice of agent came down to how well they connected with the individual agent, their sales presentation, possibly a referral from a friend and more often than not, who they trusted the most.
Fast track to today’s market, homeowners now only invite on average 1.5 real estate agents in for a property appraisal. Why? Because they have already done their research and have pretty much decided who they are going to choose to sell their home long before the agent is invited in for an appraisal.
Strategically planned and executed content marketing helps to position you and your agency as THE real estate thought leader in the local community. The end result is when that person in your community is looking for someone to sell or manage their property, you are the person they contact as you are their go to agent.
Most sellers have already decided who they are going to choose to sell their home before they ask them in for an appraisal.
How have they made this decision? And how can you make sure you are on that shortlist?
This is where content marketing fits in and why it is so valuable for lead generation for real estate businesses.
Home sellers’ journey and how real estate content marketing fit it?
To understand how content marketing fits in to lead generation let’s look at this scenario.
Imagine a property owner who lives in the area you service, who doesn’t know you or really any agent in the suburb, is starting to think about whether they should sell their home and downsize. They have watched their friends do it and in fact they heard about a neighbour down the road who sold a similar property for a great price. Their mind starts to tick over and they wonder about their possibilities. What could they do if they had some extra cash and a smaller property to look after?
First point of call for them is Google and social media channels…They start to search for information on the local property market, what’s sold, how much did it sell for, what’s currently on the market. They look at what they could the afford if they sold their home…the list of online search queries is long and diverse.
Search queries
This stage is what we call the awareness stage, when they begin to familiarize themselves with their options. During this time, they don’t know what they don’t know and are just trying to get to grips with the concept of selling their home before they dive in a bit deeper and talk to a real estate agent.
Having done some initial research, they are now more familiar with their options and they have moved into the consideration phase.
This stage is focused on comparing agents in the area and perhaps looking at the option of selling their property DIY. They are looking for who is active in their suburb, reading local blog posts, who is selling similar properties, who is a thought leader, who has a strong personal brand, who has a strong local presence and is involved in the community? They are basically creating a shortlist of 1 – 2 agents from them contact.
Search queries
The third and final stage in the home sellers’ journey is the decision stage. At this point, they have a pretty good understanding of the local market, who the good real estate agents are with a strong local presence. By reading testimonials, talking to neighbours, finding out who people trust, they are able to narrow down their selection and determine which 1-2 agents they are going to contact and invite in for a property appraisal. Short of the agent totally dropping the ball during the appraisal, the deal is almost done.
Search queries
The agents that get more invitations to conduct property appraisals are the agents who have a strong online presence and who are providing their local community with consistently created, relevant and valuable content.
So, what pieces of content should you create to help position your personal brand or real estate business? Whilst this certainly isn’t a complete list here is a look at the 10 key digital marketing content types that can help drive tangible business results.
Smart real estate agents and real estate brands recognise that the more time they spend adding value with no hard sells, the more people within their community are prone to like, trust and be influenced by them, as well as recommend them to their friends.
In essence, your brand is the content you create. Specifically, the video content, audio, written and visual content that is shared with people. It ensures:
Because the barriers to entry are so low, anyone and everyone can and is producing and sharing content. With unlimited content being produced, consumers have increasingly higher standards as to what they consider is quality content.
What this means for real estate companies and the real estate industry as a whole, is they now need to either spend more time and resources ensuring their content is of exceptional quality and produced and shared frequently, or they need to work with a content marketing agency or specialists who offer real estate content marketing services.
Real estate content marketing is here to stay. If you’re not doing it well and your competitor is, in a nutshell, their business is going to grow faster than yours. Quite simply ignoring content marketing is sadly not an option. So too is doing an average job of content marketing and not producing quality, engaging content on a regular basis and importantly nurturing your leads.
Localiz offers bespoke local content marketing packages for all budgets. To find out more and how we can help you and your business grow, contact our team here.
*Content Marketing Institute.