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by Christina Ethridge 8 Comments

Why Real Estate Agents Are Still Ignoring the Fastest Way to Making Money and Building A Massive Real Estate Business.

Do you know the answer to these questions?

How many individual real estate agents have their own personal website?

Of those agents who have their own personal website, how many leads/prospects did they generate solely from their website in the last 12 months?

How many closings can they attribute directly to their website?

question counseling
Image courtesy of [Danilo Rizzuti] / FreeDigitalPhotos.net
I’ve been involved in real estate in a professional capacity for over 25 years. In 1994, I started the first individual real estate agent website in the state of Idaho.

No other real estate agent in the state (and let’s be realistic, this site was one of the first in the country) had any web presence. Frankly, most of our brokerages in the area weren’t even on the web.  Plus, when brokerages and agents did start getting online, they focused on creating an online brochure.

I focused on providing content.  Back then, I was only able to promote our own listings on our website (IDX/VOW didn’t exist) and I wanted to be the go-to resource for relocating buyers so I focused on providing answers to their questions and details on the area with resources on who to contact for what.  That’s the content I provided.  Sure hasn’t changed much today, has it?

In 1995, we generated our first sale directly from our website – a cash sale – triple the average price – quick closing. As of 2013, that same individual has bought or sold more than six times – not to mention the dozens of referrals this person has given. Suffice it to say, that FREE website that I built on AOL’s platform back then, reaped well over 6 figures in income over the years.

In 2004, blogging began. Do you know when pioneering real estate agents started noticing it? 2007 through 2009. Do you know that even now, nearly a decade after it’s inception, most real estate agents do not have a blog?  And by most, I literally mean most.  As in less than 40% have even started a blog, and by started I mean put up a single, solitary post.

Do you know why this is so important and so significant?

Because without a blog, it is nearly impossible to generate nearly free traffic and ultimately leads/prospects to your real estate website.

Because without a blog, you are allowing the few pioneering real estate agents to control the massive amount of buyers and sellers scouring the web in their search for their next buy or sell.

When over 90% of real estate buyers and sellers start their home search online, why on earth wouldn’t you want to be where those 90% are?

pondering
Image courtesy of [Master isolated images] / FreeDigitalPhotos.net
When most buyers and sellers today start the process 18-24 months in advance, if you aren’t there when they are making decisions, you won’t be there when they are signing paperwork.

Yes, there is power in “client referrals”. Yes there is power in “direct mail”. Yes there is power in “cold calling”.

What happens when you don’t have enough clients to generate referrals from? What happens when you don’t have the money and resources to implement a successful direct mail campaign? What happens when you can’t stand cold calling or door knocking?

Where are you going to get your real estate business from?

There are a few real estate agents out there who are building their businesses solely from online sources. Solely from traffic to their blog/sites. Solely from their online presence.

When we focus even a sparse amount of time on our real estate blog, our business doubles.  Doubles.  With just a couple hours a week focus.  When we focus more, our business expands exponentially.

There are real estate agents out there who have started out with nothing and within two years are closing over 100 transactions a year – solely from their online presence.

Think about that.

A massive real estate business closing 100 transactions a year – on a marketing budget of peanuts, just from utilizing a blog.

Seriously.

Let’s step back a moment. Maybe you don’t care about a massive real estate business. Maybe you just want to make a solid living.

Same difference.

That’s what we wanted, solid, stable, consistent income.  So that’s what we built.  Online.

We weren’t cold callers.  We weren’t door knockers.  We wanted to change the entire demographic of our business (from an investor based business to a residential, move-up seller, business).  So, we focused our efforts on our blog.  We tripled our already strong business.  In less than a year.

We also focused on demographic and expired farming, and pushed it all through our online portals.  But that’s a story for another day.

The beauty of online lead generation via your blog site? It’s fast. It’s furious. It’s financially beneficial. It’s where the consumers are. It’s pioneering.

Even today, very few real estate agents are working the online avenue.

I know why.

Do you?

Christina Ethridge is the founder of LeadsAndLeverage.com, helping real estate agents capture, convert and close Facebook leads.

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Filed Under: Blogging Tagged With: Done

Comments

  1. Mark David says

    September 18, 2016 at 10:00 am

    Real Estate agents are not ignoring fastest growing, they are checking their competitor and then coming online to generate more leads for increasing more business.

    Reply
    • Christina Ethridge says

      November 1, 2016 at 10:43 am

      Unfortunately, watching our competitors is exactly why we are failing.

      Reply
  2. David Rivas says

    January 6, 2017 at 5:09 pm

    Is this a blog only or a complete website? If it is a full service website please send me copies of sights you have built.

    Thank you

    Reply
    • Christina Ethridge says

      January 9, 2017 at 11:03 am

      Hi David – I don’t build websites. If you are a real estate agent, I recommend checking out Mike Mueller with http://www.areweconnected.com.

      Reply
  3. Kelly says

    January 15, 2017 at 8:53 am

    Makes great sense! I have a question about my blog it is generated automatically through the website co I have my website with so blog is a page on my website…I don’t put up the content they do and release it up on my blog at set times ..would you say that works or to do something thing different all together?

    Reply
    • Christina Ethridge says

      January 17, 2017 at 9:47 am

      What works is building a relationship with people and that is done when you answer their questions. Whether you write it (blog) or video it (vlog) the key is that you are the creator and you are answering their questions. Putting up pre-written (by someone else) blogs doesn’t help unfortunately.

      Reply
  4. Dave says

    June 25, 2017 at 5:14 pm

    The answer is because a lot of agents are either too lazy or do not want to invest the time and education and creativity to blog and vlog – it does take time and dedication, but the results are phenomenal!

    And there lies the great opportunity for the agents who can see that writing content and giving back to the community, adopting the latest online and social media technology, and exceptional service will be the best chances for future success.

    Reply
    • Christina Ethridge says

      July 3, 2017 at 11:26 am

      Exactly!

      Reply

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