16 Actual Property Social Media Statistics to Know in 2023

By News Author

16 Actual Property Social Media Statistics to Know in 2023

News Author

In the event you’ve ever seen an actual property agent’s smiling face on a bench, billboard, or bus (loving the blazers, ya’ll!), you understand that promoting is a key a part of the enterprise. However in 2023, probably the most highly effective actual property advertising is occurring on social media.

In excessive markets and recessions alike, savvy actual property brokers are turning to social platforms to share residence listings, generate leads, join with shoppers, and showcase their experience.

However you’re most likely right here since you are a savvy actual property agent in search of intel on the very best methods to serve your private home hunters, so… welcome! Put your greatest open-house footwear on and take a tour via some significantly inspiring actual property social media statistics.

(And if you’re executed learning and able to dive into creating content material, we’ve received 26 real-estate social media content material concepts proper right here to get you began.)

Bonus: Get a free social media technique template designed particularly for actual property brokers, brokers, and entrepreneurs. Use it to simply plan your individual technique, observe outcomes, and maintain your staff within the loop.

Okay, this stat isn’t essentially particularly about actual property, but it surely’s one Realtors ought to know. It’s a mind-boggling quantity highlighting how large a possible viewers awaits you on-line. At the least a couple of of these billions of individuals would like to see a digital duplex tour… don’t go away ‘em hanging!

social media users over time

Based on the Nationwide Affiliation of Realtors, 89% of actual property brokers use Fb for his or her enterprise. Instagram is a distant second, with 59% of Realtors. LinkedIn is the third-most-popular social app within the trade — 53% of Realtors use it.

graph of social media networks used in real estate business

3. 63% of Realtors use social media to advertise listings

Social media posts are perfect for sharing residence listings with a big group of individuals. Whether or not you’re making a TikTok video or creating an Instagram photograph carousel, the visible nature of social media permits Realtors to simply showcase a property. These listings will after all attain your followers, however Realtors who use a nice hashtag or social search engine optimisation technique can obtain an excellent additional attain.

main reason for social media use in real estate business

In our humble opinion, this looks as if a missed alternative, contemplating that the platform has greater than 2 billion month-to-month lively customers. (It’s the second-most widespread web site within the world!)

Moreover the unbelievable potential viewers right here, the long-form nature of YouTube permits for strong video excursions of properties. You may even go Reside on YouTube with a digital open home. In the event you’re ‘Tube curious, try our information to advertising on YouTube. You’ll be becoming a member of that adventurous 26% of brokers very quickly.

5. Social media is extra highly effective than MLS for producing high quality leads

Within the Nationwide Affiliation of Realtors’ most up-to-date expertise survey, 46% of Realtors agreed social media was the very best device for producing high quality leads. One other 30% voted for MLS.

tech tools that have given the highest number of quality leads

In 2022, 12% of Realtors reported utilizing TikTok for enterprise functions. This quantity is up 4% from the earlier yr. Contemplating that TikTok has 50 million lively every day customers (the app was the second most downloaded on the earth in 2022), we suspect utilization amongst actual property execs is simply going to develop from right here.

Study extra about utilizing TikTok for enterprise right here.


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7. 59% of Realtors agree that social media is “very” or “considerably” helpful

One other 59% admit that they really feel “anticipated” to have a presence on social. In the event you’re feeling the strain however don’t know what to put up, don’t stress: we’ve received you coated with tons of real-estate-centric social media put up concepts right here.

Posting repeatedly on social media platforms can maintain you top-of-mind for shoppers (previous, current, and future!) and create a straightforward method for anybody to get in contact. With increasingly individuals anticipating companies to supply customer support by way of social, it’s a good suggestion to have a presence right here.

(After all, that doesn’t imply you’ll want to cease sending out calendars or “Pleased Labor Day!” emails. You do you!)

For all the excitement about Metaverse actual property, Realtors are torn. Within the Nationwide Affiliation of Realtors’ expertise survey, 40% mentioned they didn’t know what affect the Metaverse would have on actual property, whereas 30% believed that the Metaverse would change the trade not directly.

Unsure which aspect you agree with? Try the Hootsuite information to the Metaverse right here.

10. 96% of residence patrons seek for their dream residence on-line

Virtually half of residence patrons (47%) start the home hunt with an internet search, however almost all patrons will use the online in some unspecified time in the future of their shopping for journey.

Positive, a few of that looking will likely be on Google — however the actuality is that social platforms are more and more used as search instruments now, too. If you’d like your newest itemizing to pop up, it’s most likely clever to put up it on TikTok in addition to your web site. Study extra about mastering the artwork of social search engine optimisation right here.

11. 30% of Realtors use social media administration instruments every day

We’re not shocked at this quantity in any respect. As useful as social media will be as a enterprise device, it additionally takes numerous elbow grease to do proper. This is the reason social media administration platforms like Hootsuite can assist actual property execs prep and schedule posts throughout a number of platforms.

Hootsuite can also be tremendous useful for social listening (what subjects are trending in actual property proper now?) and responding to feedback and messages.

Right here’s a fast peek in any respect the options that may assist a Realtor crush on social:

12. 80% of actual property brokers plan to develop their enterprise utilizing social media

In different phrases, your competitors is about to come back out swinging on social. Based on an trade survey by The Shut, social media is the #1 channel Realtors are planning on utilizing to develop their enterprise within the coming yr. Shouldn’t you be there, too?

Whereas weblog posts have historically been nice lead mills and inbound advertising instruments, the tide is shifting. An increasing number of Realtors agree that social media is a extra highly effective device for advertising than blogs, and 53% agree that video advertising on social is extra necessary than an internet site.

(Actually? In all probability a good time saver, too, when you’re utilizing instruments like social media administration dashboards or caption mills.)

Try our information to social media advertising right here.

social media videos more important than websites in 2021

14. Practically half of Realtors say social media adverts are their only promoting

Forty-eight % of actual property brokers agree that social media adverts are their most impactful type of promoting.

The most effective issues about social media adverts, after all, is the unbelievable information you get from each marketing campaign. Not like analog adverts like print ads, billboards, or bus benches, you possibly can see precisely how many individuals every marketing campaign reached, see who that viewers is, and perceive what enticed somebody to click on via.

Study extra about key social media metrics and what they imply right here.

Tragic! Regardless of understanding the worth and significance of social media for his or her enterprise, about half of actual property brokers don’t really feel like they’re doing it fairly proper.

The excellent news is, social media specialists are made, not born — and Hootsuite Academy is the right place to begin your schooling. Construct your abilities with on-line lessons taught by trade execs.

do agents feel confident with their social media skills in 2022?

And one other 18% of recent shoppers got here in from Fb adverts.

The underside line? Social is a low-effort, high-reward method for Realtors to generate new enterprise. (And you are able to do all of it in your pajama pants from residence — no door-knocking required.)

what marketing tactics got real estate agents new clients in 2021

What share of actual property brokers use social media?

In 2023, the vast majority of actual property brokers use social media to advertise their enterprise: the truth is, 57% of Realtors use social media every day.

Some extra compelling stats: 63% of Realtors use social media to advertise listings, and 59% of Realtors agree that social media is “very” or “considerably” necessary.

How usually ought to actual property brokers put up on social media?

The frequency of posts will depend on the platform. Finally, the trade you’re in — whether or not it’s actual property or dog-walking — doesn’t actually matter.

TikTok customers, as an example, have very totally different expectations than Fb customers. In the event you overdo it, you danger spamming somebody’s feed. In the event you put up too inregularly, your followers would possibly simply neglect about you.

Examine up on our final information to posting frequency right here: How Typically to Put up on Each Social Media Community.

How efficient is social media in actual property?

Social media is a really efficient device for actual property. In actual fact, 46% of Realtors agreed that social media was the very best device for producing high quality leads, and a 2022 report from The Shut discovered that 38% of recent actual property shoppers got here from social media.

And that’s only for natural social media content material. In the event you’ve received a couple of dollars to spend money on social media adverts, this is usually a useful gizmo for Realtors, too. Practically half of Realtors say social media adverts are their only promoting.

There you have got it: the fascinating numbers behind social media for actual property — an open-house tour of all of our most related information, if you’ll. Prepared to begin wowing your shoppers and prospects with participating real-estate content material on TikTok, Instagram, and Fb? Listed below are 26 put up concepts to get you began.

Save time managing your social media presence with Hootsuite. From a single dashboard, you possibly can publish and schedule posts, discover related conversions, have interaction the viewers, measure outcomes, and extra. Attempt it free in the present day.

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