Real Estate Listings Surge by 31% in Pinellas County: Are You Getting Your Slice of the Pie?

Nov 07, 2023

Real Estate Marketing Tactics at Work

The real estate market in Pinellas County is buzzing with activity. According to Pinellas Realtor Organization, the latest data reveals a whopping 31% increase in new listings. As the market expands and opportunities arise, one question stands out for every real estate agent: How much of this market have you tapped into?


For agents struggling to find listings, this surge signifies more than just numbers. It represents potential clients, successful deals, and a chance to establish deals in the county's real estate scene. If you haven't seized a portion of this increase, it's time to reevaluate your strategies.


Now is the moment to ask yourself: Are you employing the right tactics to capture these listings? Are you networking effectively, leveraging social media, and reaching out to potential clients? With the right approach and a proactive mindset, you can ensure that you're not just observing the growth but actively participating in it.

Proven Real Estate Marketing Tactics

To help you evaluate this market and your strategy, we've looked at 5 tactics to help you get a bigger piece of the real estate pie. To the seasoned veteran, you've heard these before, so ask yourself, how well are you executing? To the newbie, these may be new concepts. Regardless of your experience, use these 5 real estate marketing tactics as a way to evaluate what you are doing and how you hope to improve.


Real Estate Marketing Tactic 1: Leveraging Your Personal and Professional Network

Your network is a goldmine of potential listings waiting to be unearthed. A simple conversation can lead to discovering someone thinking of selling their home or someone who knows someone looking to do so. Often overlooked or underutilized, your network is brimming with opportunities that can translate into potential listings and successful transactions.


The Power of Personal Connections


Your immediate circle, comprising family members and friends, is an invaluable resource. These are individuals who already trust and believe in your capabilities. They're likely to refer you to others based on personal experiences and the rapport you've built over the years. So, don't hesitate to inform them about your real estate endeavors. A casual chat during a family dinner or a quick catch-up call with a friend can open doors to potential listings or referrals.


Tapping into Past Clients


Past clients are a testament to your expertise and professionalism. They've experienced your work ethic first-hand and understand the value you bring to the table. Reconnect with them, not just for potential listings but also to seek referrals. A satisfied client is more than willing to recommend you to their network. Additionally, regular check-ins can ensure you remain their top-of-mind choice for any future real estate endeavors.


Engaging with Professional Peers


Your professional circle, which includes colleagues, industry acquaintances, and other real estate professionals, is a treasure trove of insights and leads. Attend industry events, join real estate forums, and participate in local seminars. These platforms allow you to stay updated with market trends, exchange referrals, and discuss potential collaborations. Remember, in the competitive world of real estate, fostering symbiotic professional relationships can be a game-changer.

Real Estate Marketing Tactic 2: Capitalizing on Existing Listings & The Untapped Potential

  • Expired and Cancelled Listings: These are properties that were once on the market but didn't sell. The owners might still be interested in selling, making them prime candidates for a new listing.
  • FSBO’s (For Sale By Owners): These homeowners are trying to sell on their own. Often, they might not realize the intricacies of the process and can benefit from a professional's touch.
  • NOD’s (Notice of Defaults): These properties are in the pre-foreclosure stage. The owners might be looking to sell quickly, presenting a ripe opportunity for agents.

Real Estate Marketing Tactic 3: The Power of Open Houses

Open houses have always been a good source for real estate leads, and for good reason. These events are not just about presenting a property to potential buyers; they serve as a platform for realtors to expand their network, showcase their expertise, and build lasting relationships.


Creating a Lasting First Impression


An open house is often a potential buyer's first in-person interaction with a property. It's your chance as a realtor to set the stage – to create an inviting atmosphere that allows visitors to envision themselves in the space. By planning the event, ensuring the property is in pristine condition, and addressing attendees' queries with confidence, you position yourself as a knowledgeable and trustworthy professional. This positive impression can linger long after the event, leading potential sellers to consider you when they're ready to list their property.

Attracting Potential Sellers


While the primary goal of an open house is to attract potential buyers, it's not uncommon for potential sellers to attend these events too. They're often there to gauge the market, understand pricing strategies, or simply gather insights for when they decide to sell their own property. By interacting with them, understanding their needs, and showcasing your market expertise, you can plant the seed for future collaborations. It's all about building rapport and trust, which can later translate into a listing agreement.


Collaborating with Fellow Realtors


Hosting an open house is a significant endeavor, and sometimes realtors might need assistance or might be unavailable on the day of the event. This is where sitting in for other realtors comes into play. By offering to host open houses for colleagues, you not only strengthen professional ties but also expose yourself to a different clientele. Each open house is an opportunity to meet new potential buyers and sellers, expand your database, and increase the chances of future referrals.


The Networking Hub


Open houses are networking goldmines. From mortgage brokers and home inspectors to interior designers and potential investors, you never know who might walk through the door. Each interaction is a chance to expand your professional network, exchange business cards, and establish relationships that could prove beneficial in the future.

Real Estate Marketing Tactic 4: Content Marketing & Making the Most of Social Media


The rise of the digital age has changed the way real estate professionals approach marketing. No longer confined to traditional methods, realtors now have the vast and dynamic world of social media at their fingertips. Platforms like Facebook, Instagram, and LinkedIn are not just tools for networking; they're powerful channels for content marketing that can significantly amplify a realtor's reach and brand presence.


Your Digital Footprint


Consumers spend a significant portion of their day scrolling through social media feeds, so having a robust online presence isn't just beneficial—it's essential. It's where your potential clients are, and it's where you need to be. By regularly sharing property photos, offering virtual tours, penning insightful blogs about the local real estate market, and actively engaging with your audience, you can position yourself as a knowledgeable and accessible real estate expert.


The Integration of AI in Content Creation


The advancement of technology, especially Artificial Intelligence (AI), has simplified the content creation process. No longer is crafting compelling content a time-consuming endeavor. With AI-driven tools, generating blogs, social media posts, and even detailed reports can be done efficiently and effectively.


At True Blue Title, we've delved deep into this topic in our blog post titled "AI Writing Tools: Practical Uses for Realtors & MLOs from Marketing to Contracts". The article explores how AI writing tools can be harnessed by real estate professionals for various purposes, from crafting engaging marketing content to drafting contracts. These AI tools, backed by complex algorithms and vast datasets, can produce content that resonates with your target audience, ensuring your messaging is both impactful and relevant.


Engaging, Educating, and Establishing Authority


Social media is not just about promoting listings; it's a platform to educate, engage, and establish yourself as an industry thought leader. By sharing informative content, be it market trends, home-staging tips, or insights into local communities, you provide value to your audience. When followers see you as a reliable source of information, trust is built, and with trust comes loyalty—laying the foundation for lasting client relationships.

Real Estate Marketing Tactic 5: Engaging with Local Business Owners and Professionals

Community engagement plays a pivotal role in building your business. One of the most effective ways to deeply understand and embed oneself in a community is by connecting with its business backbone: the local business owners and professionals.


Gaining a Holistic Community Perspective


By interviewing local entrepreneurs and professionals, you tap into a reservoir of knowledge. These individuals, deeply rooted in the community, offer insights that go beyond surface-level statistics. They can provide stories, historical contexts, emerging trends, and even the nuanced challenges and opportunities that the community presents. Understanding these aspects can equip you with a holistic perspective, making you more informed and better prepared to serve potential buyers and sellers.


Showcasing Community Insights


Once you've gathered these valuable insights, it's time to share them with your audience. By publishing these interviews on your website or social media platforms, you're doing more than just sharing content; you're showcasing your commitment to understanding the community you serve. This positions you as a local expert, someone who doesn't just sell properties but understands the very fabric of the community.


Cultivating Strong Local Relationships


Engaging with local business owners and professionals also opens the door to fostering strong relationships. These relationships can be mutually beneficial. While you gain deeper insights into the community, these professionals get a platform to share their stories and promote their businesses. Over time, this rapport can lead to collaborations, partnerships, and a steady stream of referrals. Remember, in real estate, a referral from a trusted local business owner can carry significant weight.


The Ripple Effect of Networking


It's essential to recognize that every interaction in the community can create a ripple effect. Today's casual chat with a local café owner can lead to a potential listing tomorrow. A recommendation from a trusted local accountant can guide a client to your doorstep. By actively engaging with local businesses and professionals, you're not just building bridges; you're weaving yourself into the community tapestry, ensuring that when locals think of real estate, your name springs to mind.

Schedule a Meeting with George at True Blue Title


Ready to amplify your real estate game? Schedule a meeting with George at True Blue Title. With years of experience in the industry, George has worked with thousands of realtors, assisting them with title needs. His unique vantage point has allowed him to observe what strategies work for realtors and which ones don’t. Don’t miss out on this opportunity to learn from the best.


Give us a call at 727-371-9400 and let's sketch out a game-changing marketing plan together!

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