INTERNET MARKETING IN REAL ESTATE
by Barbara Cox, Ph.D.
and William Koelzer, CBC, APR
CONTENTS
Preface. It’s Here To Stay! ix
Introduction: Why Bother? 1
A Scary Place 2
Organization of this Book 3
Does It All Seem Too Chaotic? 4
Finding Some Order 4
Centralized Internet Marketing Model 5
Now What? 6
PART 1. Creating and Building Your Internet Presence: Your Web Site 9
Learning the Language 9
Chapter 1
Standing Out From the Crowd: Positioning, Audience, and Goals 13
The Basics 13
Defining Your Position 13
Defining Your Target Audience 14
Defining Your Internet Marketing Goals 14
Beyond the Basics 15
Positioning: What Is it? Why Is it Important? 15
Standing Out from the Crowd: How Do You Distinguish Yourself? 16
Identifying Your Position 20
Checklist: Identifying a Market Position 20
Create Your Unique Market Position Statement 22
Your Audience(s) 23
Create a Target Audience Profile 24
Your Goals: What Do You Want Your Site To Do for You? 27
Web Site Marketing Goals 29
Review Questions 29
Chapter 2
More Than Just a Pretty Face ... Your Web Site Content 31
The Basics 31
Beyond the Basics 33
A Clear Statement of Your Unique Market Position 33
Content That Supports Your Market Position 33
You Are More Than a Collection of Awards 35
Real Estate Content 36
Finding the Right Home. Finding Comparable Homes 38
Information on Financing 39
Choosing the Right Community 40
Schools 41
General Interest Sites with Local Information 43
Finding the Right Agent 46
Content of Interest to Your Target Audience (Besides Real Estate) 47
Content That Enables and Encourages Visitors to Interact With You 48
Review Questions 51
Chapter 3
Site Appearance and Organization (aka "Look ’n’ Feel") 52
The Basics 52
Appearance 52
Organization 53
Beyond the Basics 55
Appearance 55
A Web Site Is Like the Clothes You Wear 55
The Front Door 56
Dress Code 57
Organization 61
Links to other sites. 63
Review Questions 66
PART 2. Getting Found 67
Learning the Language 67
Chapter 4
Portals, Search Engines, and Directories 71
The Basics 72
Search Engines 72
Register your site with the major search engines. 72
Use pertinent, effective keywords, titles, headings, and text. 73
Test the search engines regularly. 73
Directories 74
Beyond the Basics 75
Search Engines 76
How Search Engines Work 76
What Information Search Engines Provide 77
Registering Your Site with Search Engines 79
Use Pertinent, Effective Keywords, Titles, Headings, Captions, and Text 81
How Does Your Site Rank? Test it with Various Keywords 85
Search Engines that Rank Sites by Popularity 87
New Search Engine Strategy: The Open Directory Project 88
Directories 89
General Internet Directories: Appliances to Zoos 89
Yahoo! A Special Animal 91
A Final Word on "Getting Found"… 93
Review Questions 94
Chapter 5
Internet Advertising of your Web Site: Links, Banners, Tiles 95
The Basics 96
Listings and Enhanced Listings, Banner and Tile Ads 96
What are they? 96
What do they cost? 96
Where should you put them? 96
Reciprocal Links and Banner Exchanges 98
Signature Links 100
Beyond The Basics 100
Listings and Enhanced Listings 100
Buying Search Engine Enhancements: New Developments 101
Banner and Tile Ads 103
Costs 105
Where To Place Ads on the Net 106
Community Information Sites 107
County Web Sites 109
State Web Sites 109
Specialty Sites 110
Internet Service Provider Sites 110
Real Estate Directories 112
International Real Estate Digest 112
Real Estate Library 113
Realty Times 114
Real Estate ABC 114
Realty Locator 115
Associations of Realtors® 115
Your Firm’s Web Site Directory 116
For Sale by Owner (FSBO) Site Directories 116
Real Estate-Related Site Directories 117
Webstep Top 100 Free Links 118
Reciprocal Links and Banner Exchanges 119
Reciprocal Links with Other Real Estate Sites 119
Reciprocal Links with Commercial/Retail Web Sites 120
Banner/Link Exchange Services 120
Dealerships 121
Sponsorships 122
Signature Links 123
Bridge Pages 124
Review Questions 126
Chapter 6
Promotion (On the Net and Off) and Print Advertising 127
The Basics 127
Public Relations 127
More Visibility 128
Beyond the Basics 129
Public Relations 129
Newsletters, Online and Off, Dealing with Real Estate and Marketing 130
Becoming Your Local Newspaper’s "Real Estate Columnist" 131
Publicity on the Internet 132
Usegroups 132
Bulletin/Message Boards, Guestbooks 134
Romancing Your Web Site Administrators 134
Yet More Ways ... 135
Signs 136
Other Ways To Encourage Your Target Audience To Visit Your Site 137
A Final Word on "Getting Found" … 138
Review Questions 139
Chapter 7
"MLS Search Sites" ... Find a Home and an Agent 141
The Basics 141
Beyond the Basics 142
MLS Search Site Advantages 142
Property Searches 142
Finding an Agent 143
Realtor.com™ 144
Property Listings 145
Name and Links in the "Find a Realtor®" Directory 147
Agent Page or Link to Your Existing Web Site 148
Homeseekers.com 149
Property Listings 150
Agent Directory 150
Agent Profiles 150
Homeseekers.com’s Killer App: CityNet 151
Tools To Promote CityNet Service 154
New Service: "The Listings Find the Buyer" 155
ListingLink, LLS 156
Agent Tools 156
Microsoft’s® HomeAdvisor™ 159
HomeAdvisor™ Agent Tools 160
Cyberhomes® 161
HomeScout - iOwn 162
Home Gain - Internet Marketing Tool For Listing Agents 162
Other Sites with Homes or Agent Directories 164
Links "To and From" 166
Review Questions 167
PART 3. Effective E-Mail 169
Why E-Mail Is Critical to Your Marketing Success 169
What’s Different About E-Mail 169
Learning the Language 170
Chapter 8
Serving Your Clients and Future Clients by E-Mail 173
The Basics 173
Beyond The Basics 175
Your E-Mail Marketing Approach 175
Effective E-Mail: Listening Back 176
E-Mail Etiquette (or "Netiquette") 179
Sending Property Information 181
Sending a Web Page by E-Mail 182
E-Mail Lists and Spam 182
Filing Your E-mail 183
Review Questions 185
Chapter 9
Sample E-Mail Messages 186
Writing More Readable E-Mail Messages 187
Sample E-Mails to Buyers 187
Sample E-Mails to Sellers 192
Sample E-mail to Your MLS Site Visitors 194
E-Mail Masters 197
Review Questions 198
PART 4. Time To Get Started 199
Phase 1: Tasks, Timeline, Budget 199
Phase 2: Establish Your Web Presence 199
Phase 3: Expand Your Internet Marketing Reach 199
Chapter 10
Action Plan 201
Phase 1: Tasks, Timeline, Budget 201
Internet Marketing: Planning Checklist 202
Phase 2: Establish Your Web Presence 203
Steps to Establishing Your Web Site 204
Your First MLS Search Site Presence 205
Revise Your Key Print Materials to Add Your E-Mail and Web Addresses 205
Phase 3: Expand Your Internet Marketing Reach 205
Revise Your Key Print Materials To Add Your E-Mail and Web Addresses 205
PART 5. Appendices 207
1 Glossary
2 Resources on the Web
3 Some Web Marketing Cost Estimates
4 Selecting a Web Site Designer and Host
INDEX 235