Thursday, April 4, 2013

Advertise your Real Estate Business



Real estate marketing is crucial for attracting possible clients and making a deal. The way you market your property can either increase or decrease your chances for success. So, if you want to make a good impression and attract the right clients you’ll have to consider these simple but fool-proof ideas for marketing your property-the right way.


Decide on your target audience
Targeting your audience is the first important step of your marketing strategy.  Experts agree that failing to target the right audience will often result in limited chances of success. A basic way to define your audience is by answering these questions: 

1.      Who you want to reach with the message/ad?
2.      First time homebuyers? Second Homebuyers? Tenants.
3.      What is their age and social or income status and most importantly in which area do they currently live.
Then you have to determine, if you want to reach a very specific (in geographical terms) audience or a broader audience. This step will define the media you will utilize for sending your message, which I’ll discuss further below. 

Design Your Ad
After determining your audience, you’ll have to design your message/ad.
Obviously you’ll have to include all the basic info (location/address, type of home, rooms, etc) along with the use of positive words that will spark people’s interest (e.g.  Beautiful, new, well-maintained, spacious, great view and everything you consider an advantage). 

Avoid the use of negative words such as old, tiny, oversized, needs remodeling etc. to avoid the risk of buyers wanting to find a better option.  If you are not sure how to use the right words to your advantage, you should consult with a real estate expert such as Dean Craziozi who knows the ins and outs of real estate business.

Then, you’ll have to include some good photos of your property. This is equally important as the text, because many people do not read the text entirely and focus on the focus to form an impression. If there is something you think clients won’t like (e.g. an outdated room simply do not include a pic of it.) 

Choice of Media
Now you have your ad ready, you want to decide which media you are you going to  use. Classified newspaper ads? Online classified ads? Internet?  TV? 

Your target audience as I mentioned earlier will be a huge factor to decide which the right medium to use is. For example, if you want to reach young people (e.g. rent a studio to college students) it’s best to advertise in social media like Facebook or Twitter. On the other hand of you want to reach an older audience, newspaper classified ads is the classic option.  Of course your budget will be another factor which will influence your final decision, so you’ll have to examine first all the costs and pros or cons you get for choosing each medium. 

To conclude, these are the basic steps you need to follow to make a successful ad reach the right clients. It’s best to consider carefully each step and avoid rushing because it often leads to mistakes and making the wrong impression on the audience who sees your listing. 

Real estate experts like Dean Graziosi can give you a lot of great advice when it comes to starting out your real estate transactions. Getting the best advice is very important in this field since it’s your money that you are playing. A simple miscalculation can cost you and your family’s future, so try not to commit any.



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