My basic marketing premise is it doesn't matter how attractive or persuading an advertisement is, if the right prospective buyers don't see it, it simply won't produce results.
In today's environment, Sarasota home buyers are so inundated with advertisements for products that they find ways to block almost every form of traditional marketing. For television ads there's TiVo, for radio ads there's Sirius satellite, for e-mail there's spam filtering, and for print ads, there's the old recycling bin and the whole "Green" issue. Traditional advertising focuses on creating a general interest, which is fine if you are selling groceries, but takes a huge risk in not reaching the right type of home buyers and tenants.
Rather than relying on traditional marketing to the masses of people trying to block it out, I specialize in inbound marketing, making sure my listings are found by qualified buyers specifically looking for similar properties. I have perfected inbound marketing by intensifying and optimizing my internet presence for specific key words for buyers searching for Sarasota-area property.
Search program analytics enable me to quickly identify the types of buyers who are looking for your property, their geographic location, and the internet search terms they are using. Mining this information allows me to create an online marketing campaign for your property that will attract the right prospective buyers from day one of your listing.
In today's fast-paced world I recognize that home buyers expect immediate response to property inquiries. Two examples of this are my "Chat Live" feature, and Skype, which is hugely popular abroad.
My website offers the latest technology in Sarasota real estate searches. Over 90% of home buyers search for their next property on the internet. My search tools anticipate likely buyer search terms for property in our area based on Google Analytics, while my mapping tools are the best available. Not only can your property easily be found, buyers can also find the nearest schools, grocery stores, banks and restaurants all only one click away. Visitors can save their search criteria, favorite listings, and even receive updates about new Sarasota-area MLS listings and price changes within 15 minutes of the time the information updates.
I won't use this space to educate my competitors about this highly important, burgeoning area of real estate marketing. I place your property in front of people who want to see what I'm talking about, what I'm doing, or what I'm selling. These contacts are what create word of mouth in today's real estate sales environment, instead of trying to force non-interested and non-qualified potential buyers into viewing your property through traditional marketing methods.
There will always be some home buyers who respond best to traditional marketing techniques, like open houses, post cards, or newspaper ads. It's telling when a major direct mailing company thinks a 2% response is a good return on investment.
Today, I believe most of this type of marketing of the past is simply a waste of time and money. Efforts like agent caravans, catered broker lunches, email to other real estate agents, print ads in magazines and Homes and Land, look good in a marketing plan. These efforts may produce a lot of "activity" with agents through your door, but in the end likely will not produce the desired end result: an actual qualified buyer with a contract.
Our "luxury leader" continues to do all the old school marketing and in fairness, does do it's share of online and social marketing as well. It's effectiveness is questionable.
A recent analysis I conducted showed this company was responsible for inventory price reductions of over $60 million in just one week. It's clear that even for the largest companies, old school advertising combined with an incorrect approach to internet and social marketing does not bring tangible value to the home seller.
In the age of YouTube, are you as surprised as I am about the lack of agents using video to showcase their client's homes for sale on the web?
In 2009, the National Association of Realtors did a survey of home buyers and found that 74% searched for real estate video online when searching for property, but less than 1% of Realtors provided it. In the Sarasota area, I believe that it is far less than 1%, it's positively microscopic.
Please visit my Virtual Walk-Through page to see how I highlight homes for sale through the use of video. Why is this so important? For one, it differentiates your home online from competing properties, and secondly, Google owns YouTube. The optimized web page I create for your property when I list it for sale will more likely come up higher in Google searches for property in your area.
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Potential buyers find my site a valuable resource for Sarasota, FL real estate.