Agents who are popular in the real estate investing world help sell homes by using their social cachet. In their world, social media may seem like an elusive concept, but agents agree it makes good business sense to use them for self-promotion.
There are plenty of realtors who use social media to market their properties, but real estate celebrities establish their presence and build large followings around their personalities and lifestyles.
It is no secret that celebrity real estate agents significantly influence the real estate industry as well as shape it. Social media can also be used to promote listings and increase sales by diversifying the buyer pool.
Here are a few reasons why you should work with one to better understand what you will gain.
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Celebrities are people who have a large following on social media and are highly active and engaged with them. There is often a direct connection between celebrities and their vast local audiences.
Social media marketing is a method used by companies to promote their extravagant products and services—and to influence their followers to buy or try them out.
In order to stay up-to-date with the latest trends and services in their industry, followers keep in touch with celebrities. It is for this reason that real estate professionals often form partnerships with celebrities to promote the brand awareness of their companies.
By leveraging celebrities' insider perspectives, their culture is not only changing real estate marketing. As high-end niche marketers, celebrities are also ideal for reaching niche audiences who are too often ignored by traditional marketing.
Instead of focusing on the target market, real estate celebrities focus on influential people. Marketers in residential and commercial real estate investing must find those who have significant influence over potential buyers, sellers, and tenants.
They then develop an effective campaign using real estate celebrities as a focal point and implement various marketing activities.
Exactly this kind of trend can be used by successful niche celebrities to market real estate in a more innovative and engaging manner, compared with standard marketing methods. Those who specialize in extensive home design, for instance, may highlight how houseplants liven up the interiors of specific properties currently for sale.
This targeted approach, aimed at young plant parents, achieves more than real estate listings and luxurious photos alone. Speaking to prospective buyers' interests and habits appeals to them on a deeply emotional level.
By providing their target audience with a vision of themselves doing their hobby in the glamorous mansion they're considering purchasing, the niche celebrity serves to enhance their purchase contemplation.
Hence, they have this sense of ownership of the lavish house before they sign the contract.
As a society, we have been impacted profoundly by social media. Our learning methods, our entertainment preferences, and even our relationships are shaped by it.
The use of social media has also affected how consumers spend their money, including home buyers. In fact, many high-earning millennials, who make more than $100,000 a year, rely heavily on social media for their expensive purchasing decisions.
When it comes to buying a home, this cohort of home buyers would also prefer not to hire a traditional agent, but rather a real estate celebrity.
The reputation and visibility of a community are profoundly affected by the work of a celebrity. As part of this process, neighborhoods or properties are shaped according to their perceived wealth.
Celebrities can, therefore, help cultivate a reputation of affluence and desirability within a community before real estate listings are available there—priming the market for future grand deals.
A house is more than just its rooms. For many homebuyers, a home is an investment in their future, which makes choosing one a very important decision. More than ever, house hunters are turning to real estate celebrities rather than traditional agents for help during this critical time.
Overall, celebrity marketing is an excellent means of reaching the masses as well as, most importantly, generating new leads. Incorporating social proof, pulling strategies, and maintaining an interactive environment are just a few of the tasks that they can handle.
Indeed, real estate celebrities have become one of the best ways to sell a property, with the help of social media marketing. Our team can answer all of your questions about this popular trend.
We employ a combination of considerable experience and great technology to provide our investor's income prospects used by billion-dollar firms.To experience the next generation of real estate investment, email us at general@saintinvestment.com or contact us at 949-881-7128 at Saint Investment Group today!
A master in Investment, Marketing, and Capital Raising.
Nic has honed his focus on the Real Estate and debt markets with Saint Investment Group and pursues large-scale Distressed Asset purchases with his partners and syndications.