2008 is the year real estate marketing dollars pour more into Internet marketing and less into newspapers. It almost happened in 2007 with newspapers retaining about 36% of the marketing budget (yet declining) and real estate Internet marketing increasing to 33%.
This trend reflects the increase in real estate clients reached through the Internet. Real estate Internet marketing has already eclipsed the walk-in market. As the National Association of Realtors reported, almost 80% of homebuyers start their search on the Internet. Part of the equation is that newspapers get updated once a day, real estate websites can be updated quickly as new property becomes available. Home buyers and sellers are always interested in the most up-to-date market information.
As Stefan Swanepoel points out in his research on the 2008 real estate trends, this marketing shift means that “as a very general rule, agents need to ensure that their websites are ’sticky.’ In short that means that real estate websites need to be:
From a look at Swanepoel’s short list, two strategic steps stand out:
When entering or seeking to be competitive in the Internet marketing arena with your real estate website, rely on a website design professional such as Internet Marketing Consultants. Just like it is wise for home buyers and sellers to rely on a real estate professional such as you.
Apr 17
This entry was posted on Thursday, April 17th, 2008 at 2:26 pm and is filed under Real Estate Marketing, Real Estate Web Sites, Real Estate Website Marketing, Internet Marketing. You can follow any updates to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.