Monday, September 26, 2011

How Much Should You Spend on Real Estate Marketing? | Internet ...

How much do real estate professionals spend in marketing their website and properties?

According to the survey, real estate professionals who have more than 10 years of experience had average listings of $600 and agents with 2-5 years of experience had listings in the $490 range. Experienced real estate professionals spend more on listings and the longer the agent has been in the market, the more they spend on properties. This is what the results say in a VHT survey of agents? and brokers? allocation of marketing dollars for print, TV, direct mail and online.

Real estate marketing differs from agent to another agent, company to another company or location to another area, and so on. However, a lot of real estate agents are saying that they use 10% of all their income towards marketing.

If you are entering the real estate market as a real estate agent, one of the most important questions that you have to mull over is ?how much should you be spending on marketing and what?s the most effective way to market your Homes in Fort Collins Colorado??

Answering this million dollar questions depends on the type of audience you want to reach. Buyers, sellers and investors of real estate properties vary and generally these groups? age range from those in the retirement years to those in the late twenties. In this case, you can use different media to market your properties from young investors to senior individuals or families. So this means that you would be spending online marketing, print advertising, and so on.

Most real estate agents use direct email marketing aside from online and print adverting. Real estate companies typically start with a specific neighborhood and drill down to specific information that directs them down to a potential buyer or investor. The mails gathered from this marketing strategy will be used to another marketing strategy called postcard marketing.

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Source: http://www.agendadelaculture.com/how-much-should-you-spend-on-real-estate-marketing/

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