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The clue to successful real estate marketing.
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On average, agents spend $100-$500 per month on online advertising and $100-$500 per month on print advertising. Placester, 2014
17% of agents employ a marketing assistant. Placester, 2014
Agents lose 20% of their clients annually due to attrition. The most common reason is that the agent failed to stay in touch. OutboundEngine, 2014
It costs 6-7 times more to acquire a new customer than retain an existing one. Linkedin, 2013
82% of real estate sales are the results of agent contacts through previous clients, referrals, friends, family and personal contacts. Brian Buffini, 2015
Email is 40x better at acquiring new customers than Facebook or Twitter. McKinsey & Company, 2014
25% of Agents generate more than 50% of their business from repeat clients. Brian Buffini, 2015
42% of buyers were referred to their Realtor through a friend, neighbor, or relative. NAR, 2014
Over half of Gen Y & Gen X buyers used a mobile device during their home search. 31% of Gen Y and 26%of Gen X found the home they ultimately purchased via a mobile device. NAR, 2015
60% of buyers Googled their real estate agent. Properties Online, Inc., 2014
77% of sellers expect a response from their agent within 30 minutes. Only 24% of agents meet their expectations. Properties Online, Inc., 2014
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Sources:Images courtesy of bplanet at FreeDigitalPhotos.nethttps://placester.com/real-estate-marketing-academy/real-estate-advertising-budget/ http://www.outboundengine.com/blog/3-ways-to-fail-at-marketing-for-real-estate-agents-infographic/ https://www.linkedin.com/pulse/20130604134550-284615-15-statistics-that-should-change-the-business-world-but-haven-thttp://www.mckinsey.com/insights/marketing_sales/why_marketers_should_keep_sending_you_emails http://propertiesonline.com/Reports/annual-real-estate-trends-report.pdf http://www.realtor.org/topics/profile-of-home-buyers-and-sellers http://issuu.com/plande/docs/bbrealestatereport_us_2014