Posts Tagged ‘Real estate’

LogicClassroom Session 2 on Effective Blogging

We had a great turnout for this LogicClassroom session on effective blogging both in the office and on the phone. We explored the benefits of blogging for your business, including how to optimize your posts for SEO and how to turn a blog into a traffic and lead generation tool for your company.

I want to thank everyone who was able to attend. Don’t worry if you missed this LogicClassroom session, you can view the slides below at your convenience. Enjoy!

Our next LogicClassroom will be on 1/12/10. Learn how agents and brokers can leverage free social media to generate leads and a loyal client following. Please email Katrina if you would like to attend.

Real Estate SEO, Judging Effectiveness

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. graph-up

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.

10 things you should know about blogging

Are you looking for ways to take your real estate blog to the next level? Over time we’ve written a lot about blogs and how to blog for your business. As a matter of fact, we consider it to be fundamental to a successful online marketing strategy. It’s a way to connect to and communicate with your readers and followers, generate leads, and improve your organic search results (and since you’re reading this, then I assume you are trying to achieve just that).

Without further ado, here are is our advice about blogging best practices:

  1. SEO 101 - How to SEO my Real Estate Blog
  2. SEO 101: Blogging Part 2
  3. Answers to common Real Estate blogging questions
  4. Starting a conversation
  5. SEO Army - A Real Estate office working together
  6. How long should my blog post be?
  7. Redesigning your blog? Keep SEO in mind
  8. Top 10 sites to submit your blog
  9. 10 ways to optimize your blog for Real Estate SEO
  10. Blogging instead of spending
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It’s not 1989 any more

Do you remember the world 20 years ago? No computers on desks at work. No email. No Internet. Forget about Google (started just 12 years ago) and social media was a gathering of newspaper reporters.  :O)

Please name for me 1 thing that you do in the same way that you did back in 1980. Just one thing that’s done in the same way. Something that hasn’t been affected by technology, made faster, or eliminated altogether? Is there anything at all that’s the same?

Do you communicate the same way you did back in 1989? The same phone? The same typewriter? Has your job been changed by technology? Of course it has. If it has not, you’re probably a painter. Even if you’re a painter, I’m sure the way you sell your painting has probably changed. Unless you’re that guy on the street corner selling your art, and I suspect, if you’re reading this post, that’s not you.

What about your marketing campaign, are you marketing the same way you were in 1989? If you said yes, then you need to wake up!

Best practices in real estate marketing have changed a lot. The unfortunate fact is that lots of real estate agents are marketing themselves and their services in the same way they always have. If the only significant affect of technology to your marketing has been the way you generate listing sheets, it’s time to get with it.

The really shocking thing is that there are lots of BIG real estate firms that still haven’t embraced the internet. They’re not leveraging SEO or PPC or social media. If they are, it’s a small percentage of their marketing budget.

Developers are some of the biggest culprits out there, or I should say, it’s the marketing firms that work with developers. These guys are spending a lot of money - I’m talking about hundred of thousands or often millions of dollars - on the same media and sales methods that they used in 1989. I invite you to look at the marketing budget for a development in your area. If you live in NYC or maybe LA, then this might not be as true, but just look at where they’re spending their money. What do you see?

Very often you’ll find large print media budgets in marquis local newspapers, the same papers who are dying because of drastically reduced circulation. You’ll find huge budgets on branding firms to design expensive brochures and folders filled with highly designed collateral. There will be special attention paid to press releases (ok, that’s a little better) and flowers for the model unit. Even with all of this spending, the real estate marketing firm that reps the place is probably still taking a full split.

If you find a website on that budget, you probably won’t find much online marketing to support it. An email marketing plan? A SEO retainer with a good SEO firm? A PPC ad buy? A CRM system? Is any of this on there and does that budget rival the print budget? I doubt it. Have they invested in a good CRM system for the sales center or model unit staff? Is technology going to help them sell the units in inventory any faster? If not then you know as well as I do that an opportunity is being missed.

OK, for you analysts out there, I know what your comment is going to be before I even ask. You want to know why a budget should be allocated. Or, maybe the question is not why there needs to be an online marketing budget, but is it actually a better investment? The answer is unequivocally yes. We’ve done the math for many projects and over many years. SEO, PPC, email marketing, social media, the online marketing 4 some, you might say, are by far more cost effective marketing investments for real estate marketing.

If, by chance, that budget you’re examining does have some online marketing on there and leads are, by chance, being associated with media buys or sources, do the math. Calculate the cost/lead and you’ll find that the online leads generated are costing half if not less than half of the leads from traditional media.

So, please ask yourself again. Am I using the same real estate marketing methods that I was 20 years ago? If you are, it’s time to innovate.

Where did Real Estate SEO come from? Part 2

This post about the origins of Real Estate SEO is part of a series. I highly recommend you read this post first about the origins of direct marketing and SEO.

To summarize part 1:
First there was print, then there was the telephone and then radio and TV. Then, maybe 50 years later, along came the internet and search engines like Google and Yahoo. The search engine companies invented PPC platforms like Adwords and Overture. Placing a dollar value on search engine referral traffic (PPC) created a market for SEO services.

Now, let’s talk about real estate.

When the internet went public in ‘93, not everyone jumped on the band wagon. Lots of industries were slow to adopt, but within a few years, the dot-bomb bubble was raging. Around the same time, the real estate bubble was forming. Real estate agents were doing a lot of transactions. They hadn’t really adopted technology yet, but they were making lots of money. As the old saying goes, if it aint broke, don’t fix it.

Well, we all know that didn’t last. The Real Estate bubble did burst about 3 years ago. You couldn’t just put a property into MLS anymore and expect 3 offers at the first open house. So, realtors suddenly had to start to innovate.

Now, there were some early adopters in the real estate market. In fact, you can bet that in just about every major market there’s some broker or agent who bought [cityname].com in 1993. But since the market wasn’t spending on real estate technology, there wasn’t a whole lot of innovation.

Meanwhile, as real estate agents were making a lot of money and not using technology all that much, buyers were already turning to the internet. Really, there wasn’t a lot to find yet. Pretty soon over 90% of buyers were starting their search on the web. And we all know where we go to search, yup, Google, Yahoo, and the other search engines. If buyers are starting there, then I better be there to, reasoned the real estate brokers and they were/are right.

Well, while we were sleeping and making money without technology things really changed. So, about 4 years ago, Realtors discovered PPC in droves. I can tell you this because the calls started coming in and we were doing a lot of PPC work. Then, about 2 years ago, the Real Estate SEO market got hot. Real Estate SEO is still the rage, but Social Media is making a big push for the community’s attention.

Technology is being adopted by realtors at light speed (well, at least for this industry it is). The economy is pushing that shift. Why? Because the go-go bubble days are over and the real estate brokers and agents are realizing that they need to spend wisely and efficiently. They know that the best real estate marketing medium is the web and real estate seo is crucial. Of course, social media is cost effective and goes hand-in-hand with SEO. That’s why they’re both popular at the same time.

So, what’s next? Well, stay tuned.

Thanks for reading. If you have questions, just jot a comment and we’ll reply shortly.

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