When one property goes on the market, others often follow suit – a domino effect of “For Sale” signs that can trigger a sense of urgency among homeowners.
And the effect can extend beyond just nearby neighbors noticing yard-signs; it can be amplified through various channels, such as social media, postcards, emails, and other means, reaching a wider audience and potentially attracting more listings. That’s the game! Simply seeing other properties for sale can serve as a catalyst for hesitant homeowners, nudging them to take the leap and list their own homes.
In today's highly competitive real estate market, listing inventory is extraordinarily scarce. As a result, it's critical to promote your listings in a way that sparks interest and generates buzz, thereby leveraging each listing to attract even more opportunities.
Here are 4 channels you can use to market your listings that’ll attract more listing opportunities:
VIDEO:
Video is a powerful tool for real estate agents to showcase their listings and their skills in showing and selling properties. To position yourself as a listing agent, consider creating a variety of videos, such as selfie-style property tours, short clips highlighting distinctive features, and/or pro-quality listing films. Share your videos across various online platforms, including your website, social media channels, and paid media, to reach both potential buyers and sellers. Videos can be a great way to make your listings stand out in a crowded market and generate interest in your services as a listing agent.
2. POSTAGE:
Direct mail is another effective channel for promoting your listings and attracting more opportunities. Consider using a mix of postcards, flyers, door hangers, and/or pamphlets to target neighbors and other potential sellers through multiple touch points. Depending on your budget, you may want to promote your listing with every change of status - active, pending, closed - to increase visibility and generate buzz. Mix up your postage and time your touch points strategically to garner the consideration of prospective sellers in your target market. Direct mail can be a great way to make a memorable connection with potential clients and demonstrate your expertise in the hyperlocal area.
3. SOCIAL:
Social media is a crucial channel for real estate agents to reach potential buyers and sellers. However, it's important to stand out in a sea of "coming-soon," "just-listed," "under-contract," and "just-sold" posts. To make your social media efforts more effective, liven up your posts with case-study commentary in the caption text, run ads targeting locals, share in relevant Facebook Groups, and even post in Facebook Marketplace to increase your exposure to actively-searching buyers and prospective sellers. The game is to up your exposure to potential clients and showcase yourself as a busy and successful listing agent.
4. EMAIL:
Email marketing is a powerful tool for real estate agents to stay top-of-mind with potential clients and promote their listings. However, it's important to provide value to your existing contact list rather than just "blasting" them with listing updates. To make your email marketing efforts more effective, send value-packed emails to your database and sprinkle in your listings to showcase yourself as an active, working listing agent. This could include market updates, local news, home-buying and selling tips, and more. The goal is to build trust and credibility with your contacts and stay top-of-mind when they're ready to buy or sell.