What Should You Spend On Real Estate Marketing? ? Your Real ...

Written By: Maria - Sep? 23?11

How much do real estate agents spend in marketing their websites 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.

However, finding an average figure might be hard because real estate marketing varies by agent, company or firm, location and so on. But generally, we hear a lot of real estate agents saying they use 10% of all 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??

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 on online marketing, print advertising, and so on. Thus, answering this million dollar question depends on the type of audience you want to reach.

We also depend heavily on direct mail marketing. It?s important to use companies that allow you to drill down to a specific audience. As an example, for buying, we pick neighborhoods we prefer and then detail further to find properties we want. Some drill-down items include: age of home, owner or non-owner occupied, age of mortgage, free-and-clear, etc., all directed at getting to the specific seller we want to buy from. We then send postcards to those targeted homes with the message we want them to receive.

Real estate agents spend more on marketing properties because they know what marketing strategies are the best for Parker CO Homes. They might spend a lot but these are good strategies for a successfull real estate marketing making sure that Thornton CO Homes are sold efficiently and profitably.

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Source: http://hannityhomes.com/2011/09/23/what-should-you-spend-on-real-estate-marketing/

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