Monday, July 14, 2014

By the numbers: why you can't afford to skip video marketing

Kathryn Royster Contributor – June 30 2014

 

There's a huge untapped audience out there just waiting to watch your content

Real estate agents are playing second fiddle to the Internet.

According to the 2013 Google/NAR study, “The Digital House Hunt,” 92 percent of homebuyers use the Internet to help them find their next home (by comparison, 87 percent use an agent). What’s more, the average homebuyer spends three weeks researching real estate online before even calling an agent.

The takeaway? Homebuyers are turning to the Internet before they turn to real estate agents, so you need to have an online presence if you want them to find you and your listings. But just putting up a website and feeding your listings to the local MLS isn’t enough. Homebuyers are increasingly turning to video for house hunting, and video is proving to be one of the most effective ways to corner the online market.

Still not sold on the idea? Maybe some statistics will convince you. By the numbers, here’s why you can’t afford to skip out on the video marketing revolution. (Unless otherwise noted, all statistics are from the Google/NAR study.)

In 2012, the National Association of Realtors found that 85 percent of buyers and sellers prefer to work with an agent who uses video marketing, but only 15 percent of agents are actually using video. In other words, there’s a huge untapped audience out there, just waiting to watch your videos. And since video-savvy agents are still very much in the minority, joining the video revolution gives you a major edge over your competitors.

 

Read the entire article at: http://www.inman.com/next/by-the-numbers-why-you-cant-afford-to-skip-video-marketing/

 

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