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Home Social Media Marketing

16 Actual Property Social Media Statistics to Know in 2023

Purple Unicorns Consulting by Purple Unicorns Consulting
May 26, 2023
in Social Media Marketing
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16 Actual Property Social Media Statistics to Know in 2023
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In the event you’ve ever seen an actual property agent’s smiling face on a bench, billboard, or bus (loving the blazers, ya’ll!), you understand that promoting is a key a part of the enterprise. However in 2023, essentially the most highly effective actual property advertising and marketing is occurring on social media.

In excessive markets and recessions alike, savvy actual property brokers are turning to social platforms to share dwelling listings, generate leads, join with purchasers, and showcase their experience.

However you’re in all probability right here since you are a savvy actual property agent on the lookout for intel on the perfect methods to serve your house hunters, so… welcome! Put your greatest open-house footwear on and take a tour by some severely inspiring actual property social media statistics.

(And if you’re completed learning and able to dive into creating content material, we’ve obtained 26 real-estate social media content material concepts proper right here to get you began.)

Bonus: Get a free social media technique template designed particularly for actual property brokers, brokers, and entrepreneurs. Use it to simply plan your individual technique, observe outcomes, and hold your staff within the loop.

Okay, this stat isn’t essentially particularly about actual property, but it surely’s one Realtors ought to know. It’s a mind-boggling quantity highlighting how huge a possible viewers awaits you on-line. A minimum of just a few of these billions of individuals would like to see a digital duplex tour… don’t go away ‘em hanging!

social media users over time

In response to the Nationwide Affiliation of Realtors, 89% of actual property brokers use Fb for his or her enterprise. Instagram is a distant second, with 59% of Realtors. LinkedIn is the third-most-popular social app within the business — 53% of Realtors use it.

graph of social media networks used in real estate business

3. 63% of Realtors use social media to advertise listings

Social media posts are perfect for sharing dwelling listings with a big group of individuals. Whether or not you’re making a TikTok video or creating an Instagram picture carousel, the visible nature of social media permits Realtors to simply showcase a property. These listings will in fact attain your followers, however Realtors who use a nice hashtag or social search engine optimisation technique can obtain a good additional attain.

main reason for social media use in real estate business

In our humble opinion, this looks as if a missed alternative, contemplating that the platform has greater than 2 billion month-to-month lively customers. (It’s the second-most fashionable web site within the world!)

Apart from the unbelievable potential viewers right here, the long-form nature of YouTube permits for sturdy video excursions of properties. You’ll be able to even go Dwell on YouTube with a digital open home. In the event you’re ‘Tube curious, try our information to advertising and marketing on YouTube. You’ll be becoming a member of that adventurous 26% of brokers very quickly.

5. Social media is extra highly effective than MLS for producing high quality leads

Within the Nationwide Affiliation of Realtors’ most up-to-date know-how survey, 46% of Realtors agreed social media was the perfect software for producing high quality leads. One other 30% voted for MLS.

tech tools that have given the highest number of quality leads

In 2022, 12% of Realtors reported utilizing TikTok for enterprise functions. This quantity is up 4% from the earlier 12 months. Contemplating that TikTok has 50 million lively day by day customers (the app was the second most downloaded on the planet in 2022), we suspect utilization amongst actual property professionals is just going to develop from right here.

Be taught extra about utilizing TikTok for enterprise right here.

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That is what $600K will get you in Toronto! That is what Downtown Toronto dwelling appears like! CN Tower Views, Lake Ontario Views, Downtown Toronto Views 💯#torontorealestate #torontocondos #firsttimehomebuyer #investmentproperty

♬ Wealthy Flex – Drake & 21 Savage

7. 59% of Realtors agree that social media is “very” or “considerably” worthwhile

One other 59% admit that they really feel “anticipated” to have a presence on social. In the event you’re feeling the stress however don’t know what to submit, don’t stress: we’ve obtained you coated with tons of real-estate-centric social media submit concepts right here.

Posting frequently on social media platforms can hold you top-of-mind for purchasers (previous, current, and future!) and create a straightforward manner for anybody to get in contact. With an increasing number of individuals anticipating companies to supply customer support through social, it’s a good suggestion to have a presence right here.

(In fact, that doesn’t imply it’s worthwhile to cease sending out calendars or “Joyful Labor Day!” emails. You do you!)

For all the thrill about Metaverse actual property, Realtors are torn. Within the Nationwide Affiliation of Realtors’ know-how survey, 40% mentioned they didn’t know what affect the Metaverse would have on actual property, whereas 30% believed that the Metaverse would change the business in a roundabout way.

Undecided which aspect you agree with? Try the Hootsuite information to the Metaverse right here.

10. 96% of dwelling consumers seek for their dream dwelling on-line

Nearly half of dwelling consumers (47%) start the home hunt with a web-based search, however almost all consumers will use the online sooner or later of their shopping for journey.

Positive, a few of that looking might be on Google — however the actuality is that social platforms are more and more used as search instruments now, too. If you need your newest itemizing to pop up, it’s in all probability clever to submit it on TikTok in addition to your web site. Be taught extra about mastering the artwork of social search engine optimisation right here.

11. 30% of Realtors use social media administration instruments day by day

We’re not stunned at this quantity in any respect. As useful as social media could be as a enterprise software, it additionally takes quite a lot of elbow grease to do proper. This is the reason social media administration platforms like Hootsuite may help actual property professionals prep and schedule posts throughout a number of platforms.

Hootsuite can be tremendous useful for social listening (what matters are trending in actual property proper now?) and responding to feedback and messages.

Right here’s a fast peek in any respect the options that may assist a Realtor crush on social:

12. 80% of actual property brokers plan to develop their enterprise utilizing social media

In different phrases, your competitors is about to come back out swinging on social. In response to an business survey by The Shut, social media is the #1 channel Realtors are planning on utilizing to develop their enterprise within the coming 12 months. Shouldn’t you be there, too?

Whereas weblog posts have historically been nice lead turbines and inbound advertising and marketing instruments, the tide is shifting. Increasingly more Realtors agree that social media is a extra highly effective software for advertising and marketing than blogs, and 53% agree that video advertising and marketing on social is extra vital than an internet site.

(Actually? In all probability a good time saver, too, in case you’re utilizing instruments like social media administration dashboards or caption turbines.)

Try our information to social media advertising and marketing right here.

social media videos more important than websites in 2021

14. Practically half of Realtors say social media advertisements are their best promoting

Forty-eight % of actual property brokers agree that social media advertisements are their most impactful type of promoting.

Top-of-the-line issues about social media advertisements, in fact, is the unbelievable information you get from each marketing campaign. Not like analog advertisements like print ads, billboards, or bus benches, you’ll be able to see precisely how many individuals every marketing campaign reached, see who that viewers is, and perceive what enticed somebody to click on by.

Be taught extra about key social media metrics and what they imply right here.

Tragic! Regardless of understanding the worth and significance of social media for his or her enterprise, about half of actual property brokers don’t really feel like they’re doing it fairly proper.

The excellent news is, social media consultants are made, not born — and Hootsuite Academy is the proper place to start out your training. Construct your expertise with on-line courses taught by business professionals.

do agents feel confident with their social media skills in 2022?

And one other 18% of recent purchasers got here in from Fb advertisements.

The underside line? Social is a low-effort, high-reward manner for Realtors to generate new enterprise. (And you are able to do all of it in your pajama pants from dwelling — no door-knocking required.)

what marketing tactics got real estate agents new clients in 2021

What share of actual property brokers use social media?

In 2023, nearly all of actual property brokers use social media to advertise their enterprise: the truth is, 57% of Realtors use social media day by day.

Some extra compelling stats: 63% of Realtors use social media to advertise listings, and 59% of Realtors agree that social media is “very” or “considerably” vital.

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How typically ought to actual property brokers submit on social media?

The frequency of posts relies on the platform. Finally, the business you’re in — whether or not it’s actual property or dog-walking — doesn’t actually matter.

TikTok customers, as an illustration, have very totally different expectations than Fb customers. In the event you overdo it, you threat spamming somebody’s feed. In the event you submit too inceaselessly, your followers would possibly simply neglect about you.

Examine up on our final information to posting frequency right here: How Usually to Submit on Each Social Media Community.

How efficient is social media in actual property?

Social media is a really efficient software for actual property. Actually, 46% of Realtors agreed that social media was the perfect software for producing high quality leads, and a 2022 report from The Shut discovered that 38% of recent actual property purchasers got here from social media.

And that’s only for natural social media content material. In the event you’ve obtained a couple of bucks to put money into social media advertisements, this could be a useful gizmo for Realtors, too. Practically half of Realtors say social media advertisements are their best promoting.

There you have got it: the fascinating numbers behind social media for actual property — an open-house tour of all of our most related information, if you’ll. Prepared to start out wowing your purchasers and prospects with partaking real-estate content material on TikTok, Instagram, and Fb? Listed here are 26 submit concepts to get you began.

Save time managing your social media presence with Hootsuite. From a single dashboard, you’ll be able to publish and schedule posts, discover related conversions, have interaction the viewers, measure outcomes, and extra. Attempt it free in the present day.

Get Began

Do it higher with Hootsuite, the all-in-one social media software. Keep up to the mark, develop, and beat the competitors.





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Purple Unicorns Consulting

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