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QUIZ: Have You Gotten Lazy With Your Marketing?

If you wish to hold your pipeline full, you may’t slack off on advertising. Take this quiz to seek out out when you’re doing all the things you may (and will) be doing now.

In March’s Advertising and Branding Month, we’ll go deep on agent branding and finest practices for spending with Zillow, Realtor.com and extra. Prime CMOs of main corporations drop by to share their latest ways, too. And to high 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 shortly, it’s no shock that itemizing a house with two mediocre photographs doesn’t assure a dozen provides. Current-home gross sales are down 26 p.c, whereas new single-family houses have seen a good 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 attributable to rising rates of interest within the first half of 2021; the ensuing lack of affordability has made it more difficult than ever for consumers. Larger rates of interest, coupled with slowing job development, imply that this development is prone to proceed.

Brokers now 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 growing and gross sales figures reducing, brokers should develop efficient promotional methods to draw consumers. 

If you wish to hold your pipeline crammed, you may’t slack off on advertising. Take this quiz to seek out out when you’re doing all the things you may (and will) be doing now.

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

A strong 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 purchasers repeatedly
  • Sending variety of emails yearly

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

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