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QUIZ: Have You Gotten Lazy With Your Marketing?

If you wish to maintain your pipeline full, you may’t slack off on advertising. Take this quiz to search out out should you’re doing every thing you may (and will) be doing now.

In March’s Advertising and Branding Month, we’ll go deep on agent branding and greatest practices for spending with Zillow, and extra. Prime CMOs of main corporations drop by to share their latest ways, too. And to prime off this theme month, Inman is debuting a model new set of awards for branding and advertising leaders within the {industry} known as Advertising All-Stars.

With the housing market cooling off rapidly, it’s no shock that itemizing a house with two mediocre photographs doesn’t assure a dozen provides. Present-home gross sales are down 26 p.c, whereas new single-family houses have seen a fair sharper dip of 40 p.c. Stock ranges for these identical houses have additionally shot as much as near-record ranges.

This slowdown is primarily as a result of rising rates of interest within the first half of 2021; the ensuing lack of affordability has made it more difficult than ever for patrons. Greater rates of interest, coupled with slowing job development, imply that this development is prone to proceed.

Brokers not have the posh of being lazy in a slowing housing market; as a substitute, they have to put money into advertising to face out from their competitors. With stock volumes rising and gross sales figures lowering, brokers should develop efficient promotional methods to draw patrons. 

If you wish to maintain your pipeline crammed, you may’t slack off on advertising. Take this quiz to search out out should you’re doing every thing you may (and will) be doing now.

Because the housing market cools, brokers should be extra energetic of their advertising methods.

A stable actual property advertising technique should embody:

  • Updating social media profiles
  • Sustaining a constant content material technique
  • Leveraging movies and posting on YouTube
  • Attending industry-specific advertising occasions or coaching classes
  • Monitoring advertising metrics
  • Connecting with former shoppers repeatedly
  • Sending a great variety of emails yearly

These are a few of the important ways to remain energetic and engaged with shoppers. Actual property brokers who repeatedly assess and alter their advertising methods are extra possible to reach the present housing market.

Laura Viñalet is the CEO of Keenability, a advertising company specializing in life-style advertising that targets the prosperous purchaser. Observe her on Fb or Twitter.