Traffic for apartment ads isn't everything. Also, think about your ad's conversion rate. Because a higher conversion rate means more leads. What can you do? Communicate your apartment's benefits with good sales copy. If you don't know your apartment's benefits, you...
Finding Marketing Channels for Apartment Advertising
You can either use the traffic of others or generate your own. That’s the case for real estate marketing channels (actually the case for all marketing channels), However, strictly speaking, there isn't much difference between the two approaches. Because if you use...
How to Craft the Right Messaging for Apartment Advertising
In several articles, I have discussed why a unique selling proposition (USP) is vital: Writing expired listing letters How to write a real estate marketing plan. Ideally, you already know your USP. Why? It’s something you want to have right from the start when you...
How to Identify Your Ideal Clients for Apartment Advertising
As I outlined in my article, “How to Find Your Ideal Real Estate Clients,” the same principles apply for your apartment advertising. I will provide a brief recap here. Identifying your target audience and ideal clients is like choosing who to send birthday party...
How to Plan an Apartment Advertising Strategy
Most articles on the subject don’t focus on the 'best' methods but rather on the various tactics available. They offer many methods and ideas for advertising but don't identify the best way. To find the best way, we must first define the criteria for “best.” My...
How Do Realtor Referrals Work?
There is also a whole business model around real estate referrals. The main focus is to earn a referral fee from a closed real estate transaction. Let's say a licensed real estate professional or agent specializes in generating buyer leads. The main aim is to refer...
5 Tips to Get “Organic” & Rewarded Real Estate Referrals
As you may have read in my article, there is always a risk when it comes to referrals. It’s the risk of becoming an “outcast” as the referee. The one referring always wants the potential reward weight more than the risk of becoming an “outcast.” So, practical tips to...
The Psychological Factors of Real Estate Referrals
So, why do people refer someone or something to others in the first place (including sellers and buyers)? It's part of human psychology. This “something” is the social connection (source). What happens in this dynamic of social connection explains a lot about...
13 Performance-Based Real Estate Referral Statistics
I conducted research to find performance-based statistics about real estate referral marketing. Yet, the ones I found are from industries other than real estate. Still, you can apply the information almost 1:1 to the real estate industry. Why? The psychological...
The Two Real Estate Referral Types
Real estate referrals are part of general referral marketing. Wikipedia's definition of referral marketing is the following: “Referral marketing is a word-of-mouth initiative designed by a company to incentivize existing customers to introduce their family, friends,...