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Market Niches Can Equal Agent Riches:
The Long-Tail in Online Marketing for Realtors

In Real Estate, as in much of business, being all things to all people, is an impossible business model to chase.

The Long and Short of It.
In Business 'The Long Tail' concept states that you can sell more 'less popular' items than you can of popular items. A common example is that Netflix rents more niche movies than popular ones.

So what does this mean to real estate agents? That you can make a business in marketing niche markets and that it can be often times more profitable.

The #1 real estate related website in the United States is Realtor.com. Knowing the Google keywords people use to find Realtor.com will tell you a lot about online consumer behavior and will give you a lot to think about in your own online lead generation efforts as they relate to niche markets.

The Google keywords used most often to find Realtor.com are "Homes for Sale" and the location in which they are searching.

Why is this? Because people instinctively begin their home buying process by searching properties' to get a sense of the market.

Realtor.com, Trulia, Zillow, Real Estate Companies etc ALL allow online consumers to search for almost all 'Homes for Sale' throughout the country.

So how are most agents trying to generate leads with their websites? By offering a small subset of capabilities and nothing unique or otherwise beneficial to people. In other words, agents are trying to compete with Realtor.com, Trulia, Zillow with the proverbial 'one arm tied behind their back.'

Good luck with that.

Trying to compete head-to-head with a company with millions of dollars to spend on technology and marketing is a losing proposition!!

The Good and The Bad

The Irony is that local real estate agents are in the best position to capitalize on their local market knowledge, but they typically do the worst job at capitalizing this knowledge online.

Local agents know what local buyers and sellers are searching for (in real time! A showing is the most up-to-date search result and one that has immediate feedback capabilities....something rarely accomplished on a computer).

In the world of real estate online lead generation, the most obvious worst offender of this principle are the Real Estate Agents that offer website visitors the ubiquitous "Search the MLS" or "Property Search" as the defining features of their websites. Some of the more cutting edge agents even have "Search by Map" prominently featured as if searching real estate by map was invented yesterday. It wasn't and pretty much EVERY website offers it.

In other words agents are trying to compete with Realtor.com and all the other real estate websites by offering infinitely less data and capabilities.

How is that working for you?

Offering people and online consumers 'the same but less' is not a sustainable business model.

Grab the market by The Long Tail
Agents should focus their efforts on niches so that

  1. They have a better chance of being found and noticed
  2. That they have a better chance at being relevant to some people (a market) vs. not relevant to anyone (the market).

And this has important implications in all your online marketing as well.

"Search Homes for Sale" / "Property Search"

99.9% of agents allow online consumers to search for 'Homes for Sale' with the main segmentation being "My Listings" sometimes euphemistically entitled "Featured Listings."

To the online consumer this looks and feels like 'every other agent and website' on the Internet. When the people start thinking you are like 'everyone else on the Internet' that is not a good thing. In addition, they can go to one of over dozens of real estate websites and not only search every location in the country, they can typically do a lot of analytics that your agent website does not come close to offering. You are trying to complete with websites that have millions of dollars to spend in marketing and advertising.

Create a Niche -> Market the Niche -> Get Found -> Get Results
Local Real Estate Agents work in defined geographical areas. In every agent's 'area' there are geographical submarkets and property submarkets.

What geographical submarkets or particular property types are in your market that you know people buy and sell?

Identify some market niches, and then using either your MLS or website IDX provider's tools, create and save predefined property searches that return just those properties when clicked on as a link. In other words, give people what they want. You certainly know your market better than a corporate website out of New York, San Francisco or wherever it is that corporate is based!

A great example of this is Dave & Suzy Cardwell's pre-defined property search for Crow Canyon Country Club in the San Ramon Valley area of Northern California. While most all other agents in their area show "Search the MLS" (which Dave & Suzy have as well), they allow online consumers to One Click Search several key niche markets that they know people buying in their area are interested in (technology provider AgentAchieve).

Property Subtypes are also a great niche to market and let people One Click Search. Rick Miner, in Seattle markets several property niches such as Waterfront and View Homes at his website (Northwest MLS IDX, member of Michael Russer Online Dominance).

Easier, Faster and More Relevant is Always Better

Put yourself in the online consumers shoes. Let's imagine 'you' are interested in buying a property in Crow Canyon Country Club. Are you more likely to click on a link for Crow Canyon Country Club or Search the MLS? Or that you are interested in Waterfront or View Homes of Seattle....would you more likely click on Waterfront and View Homes or Property Search?

The beautiful thing about allowing people to One Click Search niche markets is, is that on the one hand you are giving people that want this information the information they want upfront, fast and easy. And secondly, you are not turning off 'everyone else' who just wants to search your general MLS listings.

If people have to search your website or click too much to 'hopefully get' what they are looking for, then you are going to lose a lot of lead generation opportunities.

The Funnel
Of all the websites on the Internet, only Craigslist allows you to post your listing (what the online consumers are searching for) along with a links to the tools and information online consumers also want at YOUR website vs. sending them somewhere else and to someone else!

By providing links to the tools and information that online consumers want around your listing that the online consumer is searching for, you create a funnel that will bring the online consumer to you vs. sending them to someone else like a sieve.

Surround your listing with the tools and information at your website and leverage online consumer interest and generate both website traffic and leads! Create your funnel!

Market the Niche -> Get Found

There are many places that you can insert live links to predefined searches for the niche markets in your area. Some of the best include:

  1. Your website (but how do they find your website?)
  2. Your online marketing including Craig's List and your eFlyers

Training Schedule

Success Stories

Joining the Century 21 Connect Realty team is the best decision I've ever made. Mike Prewett has become not only my broker, but my coach and mentor. The entire team at C21/Southern REO are ALWAYS helpful and encouraging. I am so grateful to work for such a fabulous company!

Hannah Holycross
Century 21 Connect Realty

The C21 PEP Course was very career changing. The instructor was always cheerful and motivating. The homework tasks were not hard because it held you accountable to doing things to grow your business. THe scripts were straight to the point and more fun to use. Seeing other people progress so well every week inspires you to do your best in completing your task. Every week they acknowledged how it paid off to complete the task assigned. The hour or two that you spent online went by quickly because it kept you thinking and interacting. I would highly recommend this course to any agent that needs a push.

Armika Jolly
Century 21 Connect Realty
Create 21:

Create 21 was very refreshing...I would recommend all agents to take it...It just allowed me to see that there is always something new to learn in real estate that you didnt know working with buyers and sellers. It was Awesome I really enjoyed it. I do believe it will help Increase my numbers as long as I apply myself...

Toiya Griffin
Century 21 Connect Realty
What a great group of professionals to work with!!! We have so much training and our broker works to bring the best of the best in terms of knowledge and technology to the office everyday.
Ginneh Bradley
Century 21 Connect Realty

I loved the Smarter Bolder Agent IT Boot Camp! Lots of useful tools not just for Real Estate Agents but for everyday life. Very cool. I have downloaded quite a few other apps for scanning and Evernote by far has the best and I wanted to share with class but forgot as the class is very fast paced. Enjoyed the instructor very much!!

Mika H.
Innovations Realty Group

"I just wanted to drop you a line to tell you how much I appreciate you for the "Connect Wednesday" sessions. Thanks to you and the other guys and ladies who participate, I have signed my first listing from a FSBO prospect. Connect Wednesday has been a HUGE help for me, being a new agent. I gain so much just being in the room with committed professionals.  The discussions are so informative, inspirational and motivational. It's like a weekly charging session. I take something valuable away every week." 

Ephraim Abdullah
Century 21 Connect Realty
"I have been an agent in the Atlanta market for 23 years.  I can honestly say that Century 21 Connect is the most agent focused company that I’ve ever seen.  I can’t believe the quantity of tools, resources and training that is available to help me generate business.  And, there is no cost.  Unbelievable!"
Gary Ross
Century 21 Connect Realty

I’ve been practicing real estate relatively successfully for a little over 23 years and I picked up several tips that I hadn’t thought of previously that I know will help me in closing more transactions. The synergy with the other agents was great; I just wish more were there. Mike's energy and willingness to share his wealth of experience is something I’ve never experienced with any of the other brokers I’ve been associated with – keep it up. Very much looking forward to next Wednesday!

Gary Ross
Century 21 Connect Realty

Thanks again for another great Connect Wednesday. The knowledge and experience that you share is invaluable. I have already learned things that I can implement in my business on a daily basis. The synergy created between the agents is great as well. When we all share our experiences from out in the field, we gain all sorts of insights.

Jeff Lyon
Century 21 Connect Realty

Today was my second time attending Connect Wednesdays and I have left both sessions with great information. I have thoroughly enjoyed discussing the different ways to overcome objections, which has already made an impact in my business. The positive energy and excitement that is brought to the table gives me the motivation to continue prospecting.

Bob Clarkson
Century 21 Connect Realty
Connect Wednesday is a very informative coaching and mentoring session. I appreciate it more that Mike Prewett is effectively involved in the growth of his agents. Connect Wednesdays give agents a chance to learn new techniques from each other as well as learn models from our most successful agents in the company. You will not leave these sessions without feeling highly inspired and motivated.
Armika Jolly
Century 21 Connect Realty
“My previous company charged me fees for everything!  After everything was paid, there was not much left for me.  C21 Connect has lived up to their promise…I don’t pay ANY fees at all and it is such a relief.  A fun place to work too!”

“I am 25 years old and a rookie in this business…I love working with the team at C21 Connect because they are totally committed to helping me achieve BIG results in real estate.  The opportunity to work with Mike and learn from his systems and success was a huge opportunity for me and one that is really starting to pay off.”
Bob Clarkson
Century 21 Connect Realty
“I have had a good r.e. sales business for quite awhile now, but the opportunity to work with Mike and learn from his systems and strategies was too good to pass up.  I am making more money in less time…which allows me to meet my financial goals and to spend more time with my family”
Jeff Lyon
Century 21 Connect Realty
“with the referrals I receive from my broker, I have watched my business soar in the past 24 months.  I am so excited and I now love my real estate career!”
Georgia Thompson
Century 21 Connect Realty