Real Estate SEO

Archive for the ‘Real Estate SEM’ Category

What the new deal between Microsoft and Yahoo! means for Google.

It’s amazing what happens when a dynamic goes from three players to two. This is the crux of the result of what this deal will mean for Google and SEO.

First of all, SEOs everywhere will not need to work quite as hard. We used to have to worry about building pages that work with all 3 algorithms. Of course, Google has the most market share. So, most SEOs, whether they focus on real estate or not, are going to try to get you ranking in Google before worrying about the other search engines.

That said, Yahoo! always had about 25 percent of the market and Microsoft about 10 percent – these numbers fluctuate of course. So, when you’d done a lot in Google, you move on to Yahoo!, then MSN. Well, that’s going to change and the argument for splitting your time gets a little stronger. Google, with double the Yahoo searches was the obvious first choice, and Yahoo a distant second. Now, there’s an argument for splitting effort 2/3 to Google and 1/3 to the combined Yahoo!/Bing platform.

Of course, we won’t be changing our tactics just yet. Yahoo’s search technology isn’t integrated with Microsoft’s yet. It actually sounds, according to early news, like the Bing algorithms are going to replace Yahoo’s search formulas. So, when that’s put into place, SEOs will then change their techniques and their focus. You might see your rankings change at some point to look a lot like they do in the Bing results.

Alternatively, personalization of results is the new vogue. Ranking, while still important, means less and less. What really matters, as we’ve written about numerous times, are results. Search results for me might be different from search results for you.This might mean that results will still vary in MSN vs. Yahoo! depending on how well they know you and how much you use your Yahoo! account or your MSN account. In fact, I’d count on that.

OK, that’s about it for today. Rest assured, we’ll be talking about this more soon. Thanks.

Lots of folks wonder why the search engines have written their algorithms in certain ways? Folks ask us how and why social media is going to help them build their brand and generate new business? The high level answer to much of this is that most of this actually parallels a real life situation. The analogs are quite stark. In this post, we’ll examine a few of them.

In the SEO realm, there are lots of factors that affect ranking. Many of them actually digital analogs to the pieces of evidence that we all look for when evaluating the quality of a potential service provider.

URL Age
Do you want to hire the guy who’s been in the business for 6 months of 10 years? I think the answer is simple. All other things being equal, the search engines are going to rank the site that’s been around longer higher.

Links
Well, as we know, quantity of links is not as important as the  QUALITY of those links. That said, a link is like a vote. The more votes you have, the better off you are. Still, people tried to exploit this and just get as many links as possible. So, not all votes are created equal. i.e….

Link Quality
If you wanted to buy a new car, would you take a survey of your friends? Or might you go to your 1 friend who really knows a lot about cars and ask for their expert opinion. Most of us would go straight to that friend. To us, they are the authority on automobiles and their “vote” is more valuable than 10 votes from friends who don’t know anything about cars.

Google uses some sophisticated analysis to determine which sites are authorities. If there’s a website about BMWs and on that site there are links to another site about BWMs, then that other site about BWMs will rank well for the term BWM. The Search engines also look at the text in the link itself. If the link reads Ford Cars, then the search engines conclude that this link points to a page about Ford Cars. Similarly, if the link reads BMW, it’s like the originating site, where the link resides, is voting for the other site in the search results for the term BMW.

New Content
Search engines want to see new, unique content. Why, well, which report do you trust: A report about the best cars on the road from 2004 or a report on the best cars on the road from 2009? Similarly, 2 reports about the best Realtors in the neighborhood might give me the same ranking order, but one might give me more detail as to why someone is ranked at the top of the list. Most of us would like to see the supporting details. So would the search engines.

Unique Content
If all you do is republish everyone else’s content, then why should I ever visit your site? Republishing content, with today’s technology, is relatively easy. If anyone can do it, then many sites will republish the same old content. Why would Google want to send you to one of those unoriginal sites over another. Instead, they’re going to send you to the site with the most unique content and with the most recent posts on it.

Social Media Profiles
Smart consumers do their research. We want to know more about a real estate agent than where they work and what their sales performance looks like. These days, it’s not that hard to look someone up and check them out. Make sure that what they’re going to find looks good. Update your Linked-In profile and your Facebook page. If you are trying to sell the clients on your use of technology, then you better have a Twitter account and your tweets should be relatively current. Google your name and see what comes up. If it’s not flattering, you’re liable to lose a client as a result of the fastest background check in the world.

Social Media Connections
Are you a networker? Do you gain much of your real estate business by relationship and referral? Lots of us do. Social media is an analog to what you’re doing already. Thing is, you can network in your jammies on a Sunday morning. Get connected, remind people you exist and what you do,  and don’t forget to make it personal. Have a real interaction with them. Don’t just friend them or follow them or link to them, ask them how they’re doing and if there’s anything you can do for them. They may just have a job for you.

BLOG!
This one is maybe the most powerful. When you blog and give people insight, they immediately begin to see you as the expert. The more you blog and the more you educate your readers, the more you will position yourself as the expert. If you blog about real estate, when it comes time to buy, the customers will come to you for help in buying their new home.

To boot, blogging means generating more new content. As I said above, more content means better search engine ranking. Blogging is essential to good SEO…Just one of the many benefits.

Thanks for reading our blog. Have a good weekend.

How to measure quality in a real estate  SEO campaign and in a SEO provider.

I’ve talked about similar topics before, but I wanted to lay it out succinctly for our readers since we get a lot of questions on this. The lists below are ways to judge and ways NOT to judge a SEO provider. They’re also metrics and methods for measuring the effectiveness of a real estate marketing campaign overall.

Indicators of good real estate SEO campaign performance:

• Leads generated
• Site traffic numbers
• Average number of pages visited by users to your site
• Average time visitors spend on your site
• Search engine ranking (placement) for a long list of terms

The most important things that a SEO campaign can do is to cause more visitors to arrive at your site and to generate more leads for your real estate business. Now, the number of leads that your site generates also has a lot to do with the design and architecture of your site. So, if the SEO provider has little control over these contributing factors, then the traffic numbers are the best indicator you have of quality.

I’d also be remiss if I didn’t touch on benchmarks for a moment. You must have benchmarks to measure against. If your site is seeing 150 visitors per month from Google when your SEO campaign starts and 1050 users part month 6 months in, this is strong performance. If your website was producing 1 lead per day before the campaign started and how it’s producing 10 leads per day, again, your SEO is doing a good job.

An indicator of a good SEO provider and of any real estate marketing firm is whether or not they provide these metrics to you. If they’re willing to be accountable to you, and they’re not hiding anything, then they have no choice but to show you good work. Otherwise, you’re liable to fire them when the contract is up.

Here are some ways NOT to measure performance of an SEO campaign or of an SEO provider:

• Whether or not you rank for 1 particular term
• Traffic numbers 3 months into a campaign
• The frequency with which reports are delivered to you.

Believe it or not, search engine ranking is NOT what makes for a good SEO campaign. Marketing campaigns MUST produce results. Results = revenue. Results and ranking don’t mean the same thing. As I’ve said before, ranking and a token will get you on the subway.

This same analysis must be applied to all real estate marketing campaigns, media, and ad buys. If the money ain’t producing the biz, then it’s not well spent. Ask the questions, do the math, get real numbers to judge performance.

How the big guys plan to exploit the little guys and how Real Estate SEO and Real Estate SEM level the playing field.

It’s no secret that the National Association of Realtors is on the side of the big guys. I’m talking about the ERAs, C21s, Prudentials, and Exits of the real estate world. From one point of view, that’s OK. These big firms employ hundreds of thousands of Realtors.  That’s a lot of jobs. I’m sure that a lot of our readers work for some of these larger companies and that’s all well and good.

Now, I’m going to draw out exactly how the system that the big guys, supported by the NAR, have put in place, can actually work to the little guy’s advantage, through the use of the internet, SEM, and SEO. It goes like this…

The revenue model at the heart of most the big residential real estate companies is pretty simple.

1. They want as many real estate transactions as possible to happen under their brand
2. They want to keep as much of the transaction’s value as they possibly can.

Seems pretty obvious. If a trillion dollars in real estate transactions happen in the US in a year, then Coldwell, for example, wants as much market share of that trillion to be under their name. AND they want to keep, that is the corporation wants to keep, as much of that as they can.

Most of the big guys are on a traditional split. The agent negotiates a commission with the seller and the company keeps a percentage of the commission. There are 2 ways for the company to make more money:

1. The agent negotiates a bigger commission from the seller. This is all well and good, but most markets are seeing consistent commissions paid by sellers. It’s likely 5 or 6 percent in your market and just about everyone is working for the same percentage – regardless of how long they’ve been a Realtor. So, the corporation has little control over this.
2. The corporation takes a bigger percentage of the agent’s commission.

Now, most of these companies start you at a low split. If you’re new to the industry, they may take 60% of your commissions for the house. If you’re doing a lot of sales, that will graduate to 50/50 and on down until you’re keeping 80% or more of your commissions.

Of course, the big companies want to keep as much of the commission as possible, they don’t like 80/20 splits or event 60/40 splits. Their goal is to have as many entry level agents doing deals as possible. The result is that they’ll keep 50 or 60 percent of the commission. In order to make this possible, they need lots of new realtors in the market pretty much all the time.

So, the big companies, in cooperation with the NAR and local real estate boards around the country have kept the barrier to entry into the real estate profession exceptionally low. Lower than almost any profession where someone has as much earning potential as they do in real estate.

This means that just about anyone can come into the industry whenever they want. So long as this is true, there will always be too many real estate agents for very many of them to make a great living. Sure, some of them will make lots of money, but most will not. Most will take on a second job or do real estate on the side or even average less than 1 deal per year. Just take a look at NRT’s stats for deals/agent and you’ll be shocked. (they’re the largest residential brokerage in the country)

Now, here’s how this all plays into the hands of the average realtor. The internet is one giant level playing field. The big guys can try to buy a million clicks or SEO around every term on the planet, but it’s untenable. They’re years behind the local guys and longevity matters in the SEM game.

You can start a real estate website today and so long as it’s built on a good platform and you hire a good SEM/SEO team, you can achieve ranking in just a few months. In some ways, this means that the internet is in the little guy’s favor. The independent real estate company can be ranked right next to the big guys. In lots of markets, the big companies aren’t ranking at all.

As real estate marketing and client acquisition continually goes more online, the big guys will be more and more left out of the picture. With time, it’ll be easier and easier for the independents to challenge the big guys and take market share. We’re already seeing this in lots of markets. Do a Google search with your town or city’s name followed by the words real estate. This will give you some insight into who’s already investing into real estate SEM and real estate SEO.

Agree? Disagree? Thoughts? We’d love to hear from you. Thanks!

Image source: www.nuwireinvestor.com

Here’s a little something I bet most Googlers probably don’t know about.

Conduct a search in Google…say for “real estate seo” then select “show options”. That will open an entire panel of goodies.

Within that left hand column, towards the bottom, is an option to choose search via the infamous “wonder wheel”. Select that! Now watch…this is really cool. To the right of the wonder wheel are still your search results for “real estate seo” and then you can choose any of the options the wheel presents; realtor marketing, real estate search engine optimization etc.

With each new choice your search results will update and allow you to quickly drill down to something new, maybe even something you had not thought of before.

Quick tip: this fun little tool can come in handy when doing keyword research.

Check it out and let us know what you think.