If attracting more home buyers is a top priority
for you this year then it is critical to get the most out of your marketing
budget as you can. So how can you maximize your ROI?
Build Credibility
The more credibility your brand and online
presence has the easier it will be to close deals and raise the conversion
rates of all of your marketing efforts. How can you accomplish this? Visuals
can certainly go a long way but it requires a lot more than that. Forget old
style written testimonials on your website no one trusts them anymore. Opt for
video testimonials instead. However, perhaps the most productive efforts you
can make are to ensure your build trust by clearly displaying your contact
information and showing off your expertise through blogging and writing. The
more faith prospective home buyers have in you when they call the less
resistance you will encounter and the faster you can close them.
Respond Quickly
Real estate agents are notoriously horrible at
responding to inquiries promptly. This is a great opportunity for real estate
investors to get the edge by committing to and building a system which enables
home buyers to get immediate responses and answers. Be the first to connect and
get buyers committed to working with you and buying one of your investment
properties before the competition even gets back to them.
Toll Free Numbers
Real estate investors could well find that
utilizing toll free numbers could be just what they need to increase the ROI of
all marketing initiatives this year. With 30-60% increases in direct response
rates, enhanced branding benefits and higher conversion rates Toll free numbers
alone can add double or triple digits to your returns.
Targeting
There are many types of marketing you can do that
will produce hundreds of inquiries from hopeful home buyers and other
investors. However, wasting your time with endless contacts who are not a match
for your homes or business model is just foolish and will burn you out. Improve
your targeting and only speak with those who qualify and want to do business
with you.
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