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Updated over 9 years ago on . Most recent reply

User Stats

291
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Devin Mann
  • Investor
  • Ascutney, VT
20
Votes |
291
Posts

How good is a website for generating leads?

Devin Mann
  • Investor
  • Ascutney, VT
Posted

As a real estate agent i was seriously considering paying a bunch of money to get my website on the first page of google.  Is it going to be worth it? Any tips?

Most Popular Reply

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304
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Stuart Birdsong
  • Investor
  • Fort Collins, CO
112
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304
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Stuart Birdsong
  • Investor
  • Fort Collins, CO
Replied
@Devin Mann:

Devin, 

     Truthfully, it is not going to be worth it if your website is not a lead generating website. I have learned this the expensive way. Most personal websites are just expensive business cards. that get passed over quickly no matter the content. You can blog, do youtube videos, etc.... to help with your SEO, but is this the best use of your time and resources. I was told when starting as a broker that a personal website does not generate more business for you. In my experience that has been the case.

You can hire a company such as Boomtown, Kunversions, or Tiger Leads to build you a personal home search website, and they will market it for you. This will, at a minimum, cost you around $1,000/month for the whole package. Depending on the service it will generate somewhere between 20-30 leads/month. I currently am starting with one of these companies to build the website, but outsourcing the ad campaigns as I can get a higher number of leads through another source. $1,500/month will generate 120-150 leads/ month. I, personally, can't service this many leads, but will have other buyers' agents tending to them. I realize these dollar amounts seem high, but given our median home price, this means I have to do 3-4 deals a year to break even. Typical Internet lead conversion is somewhere between 1-2% or better depending on how hard you work them.

Having said all of that, if you are trying to generate business from your website I recommend going this route, as it will provide a better ROI. If you are just looking for some exposure in your marketplace, then Adwerx or Global Media Advertising can be more cost effective ways to gain exposure. Even Facebook ads, are cost effective ways show up more often.

    Best of luck to you!

Stuart

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