Your ultimate guide to real estate ads

Whether you’re new to real estate ads or seasoned in real estate advertising, this guide will help you improve your ad strategy. Using ads in your overall lead gen strategy is a way to leverage your time and get in front of more qualified leads faster, versus marketing, which is more useful for building brand awareness.

The better your ads, the more people you will help and the more income you will earn. Keep reading to learn why it’s worth advertising, where to place ads, best practices, what to include in your ads, plus see some examples of creative real estate ads.

Why you should advertise

Unless you’re purchasing a retiring agent’s book of business and inheriting their database, you’ll need to find ways to meet potential clients. One common misconception I see newly licensed real estate agents have is the idea that once they get their license, clients will magically appear. If you’ve been in the business for a while, you know that’s simply not true. We have to advertise. Here’s why:

  • Find qualified leads faster. The purpose of paid advertising versus marketing is to capture and convert leads, as opposed to building brand awareness. This is a more targeted approach and is meant to reach potential buyers and sellers who are ready and willing to move soon.
  • Buy back your time. Real estate advertising allows you to leverage your time, finding leads faster in exchange for paying for ads. Many ad services allow you to “set it and forget it,” freeing up your time to service your existing clients and nurture your sphere, while the ads you’re running do the work to find new leads for you.
  • Higher ROI. When executed strategically, the return on investment (ROI) can be massive, especially if you work in a market with a higher-than-average price point. If the average cost per lead on Google ads is $53, chances are that’s well worth it for the potential commission.
  • Build your database. When you’re just starting out in the real estate industry or if you’ve recently moved to a new area, paid advertising can be a helpful tool in building your database of leads faster. These leads can turn into clients who can turn into referral partners, and before you know it, you have a solid database feeding you referrals.
  • Never have to cold call. Running real estate ads means people are curious about what you’re offering, and they’re reaching out to you for more information. For most agents (including myself), inbound inquiries are much more pleasant to work with and easier to convert than outbound, i.e. cold calling.
Lone Wolf dashboard containing all current ad campaigns.
Boost dashboard (Source: Lone Wolf)

For help creating and running ads, check out Lone Wolf. Their service, Boost, offers complete ad management for real estate agents, so you don’t have to figure it out on your own! Reach buyers and sellers with geo-targeting to generate leads and build your sphere of influence. You can also track your performance and tweak your ads to guarantee they’re capturing the right audience.

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