You don’t need to be a mathematician to understand that the more eyes you get on your listing, the better your chances are of finding a buyer, right? When it comes to getting traction on Facebook, however, many agents get cold feet. Utilizing Facebook, in addition to your website and traditional marketing tactics is highly beneficial.
Consider these Facebook user stats (Source - updated July 2017)
- Facebook has 1.28 billion daily users
- 5 new Facebook profiles are created each second
- Average time per Facebook visit is 20 minutes
Any way you look at it, Facebook is continually changing the way real estate business is done. Here are 3 reasons that it’s ideal for home listings.
1. Data Goldmine
You already know the basic demographics of your ideal buyer. Now you can simply seek them out. Unlike the days of placing a newspaper ad and hoping for the best, now you can target your audience so that you are spending your advertising money to its fullest. You can control details like age, income, geographical location and other specific details that will help get your listing in front of ideal buyers.
2. Home Buying is Social
Scroll through your timeline on an average day and you are likely to see someone moving, selling or buying a home. When it comes to real estate, we are typically emotional. We’re happy we are moving, we are asking for advice on the best neighborhoods or schools and seeing if anyone has any great property suggestions. Even if your listing falls in to the hands of a non-buyer, they just might share that ad with those who are active.
3. Facebook is Highly Visual
No one reads the real estate listing description and says “yup, that’s my house!” Of course not, real estate is visual and buyers want photos, visual tours, drone footage etc. Facebook is an ideal platform for selling anything highly visual. A Facebook ad is a great way to visually represent your listing and instantly catch the eye of potential buyers.
If you would like to create your own paid ads through our software or simply have you MLS listings updated to Facebook automatically, contact us to learn more about this and other PropertyPulse features!