Why Realtors and Mortgage Brokers Should Blog

Posted by: Mary McKnight on April 13th, 2008

I’m a research person. I love having lots and lots of research to back up my statements and decisions.

So, let’s first take a look at the blogosphere as a whole, how it began, how it grew and where it is going.

According to Dave Sirfry’s April 2007 report on the blogosphere, Technorati currently tracks 70 million weblogs. The report shows that 120,000 blogs are created each day with 1.4 blogs created every second.

Since October 2006, there a slight slowing in the growth of the blogosphere which was expected as its previous growth rates were staggering having grown 60 times what it was in 2004.

In 2006, the blogosphere saw 1.3 million postings per day or 15 posts per second, whereas in 2007 it grew to 17 posts per second. Interestingly, the percentage of blogs in the top 100 reached approximately 25% (22 blogs). Also, interesting is the consumer perception that blogs are just as good a news outlet as main stream media sites like the New York Times.

The breakdown:

  • 70 million weblogs
  • About 120,000 new weblogs each day, or…
  • 1.4 new blogs every second
  • 1.5 million posts per day, or…
  • 17 posts per second
  • Growing from 35 to 75 million blogs took 320 days
  • 22 blogs among the top 100 blogs among the top 100 sources linked to in Q4 2006 - up from 12 in the prior quarter

Read also: About.com’s Benefits of blogging.

Read also: SEO benefits of blogging.

The history of the blog: From online diaries to real estate resources

A weblog, which is usually shortened to blog, is a website where regular entries are made (such as in a journal or diary) and presented in reverse chronological order. Blogs often offer commentary or news on a particular subject, such as food, politics, news or local news.

Corporate blogs are often used to answer customer questions in an FAQ format, provide additional product information, aid in customer service and, in the case of service or consulting firms, provide a forum for industry specific information written by experts in article format.

Read also: 10 Best Fortune 500 Blogs and 10 Worst Fortune 500 Blogs.

In 2004, the role of blogs became increasingly mainstream, as political consultants, news services and candidates began using them as tools for outreach and opinion forming. Since then, corporations have taken to blogging to connect with customers, employees and the media. Corporate blogs serve as platforms for companies to connect on a more personal level to their customers, employees and the media. Blogs allow companies to easily disseminate pertinent information on their products, services and industry news.

By 2005, a few tech savvy real estate professionals were blogging with some success on every topic from how to stage a home for an open house to the sale of Billy Joel’s estate in the Hamptons. As these blogs took off, the community took note and formed some of the more popular real estate blogging networks/aggregators like ActiveRain and RealEstateVoices.

Today, it is estimated that 2% of Realtors either have a blog or are looking to blog.

Why should Realtors and mortgage brokers blog?

1. Blogs outrank websites by directly feeding search engines new content more often.

Search engines are voracious readers, they like frequently updated, new and relevant content. Blogs provide just that. They allow you to login to their back-ends and enter new articles daily without knowing a lick of HTML. Every time you create a post, your blog feeds your content directly to a search engine; the more often you post, the higher your search engine ranking will be, and the more likely it will be that people will discover your blog.

BENEFIT: Increased search engine results rankings on Google, Yahoo! and MSN. Basically, a blog helps you get found in searches on popular search engines better and improves traffic to your site, which ultimately results in more leads and listings.

Read also: Things Losers Say: SEO doesn’t matter: Fact: Ranking #1 in Google can improve your real estate leads by 600%.

2. RSS feeds syndicate your blogs content across the net.

All blogs have a built-in marketing tool called RSS. RSS allows individual subscribers to sign up for your feed and have your new content delivered directly to their feed reader, email or website in real time. Another benefit is that blogs make it very easy to pull in other RSS feeds like your MLS listing feeds or local news content so you can build content automatically.

BENEFIT: Increased web presence and brand awareness. When another website chooses to syndicate your content, you benefit by an increased web presence, branding and more traffic to your site. Built-in marketing mechanisms like ping services and RSS help drive more traffic to a blog than a regular website.

Read also: Generate 100+ More Quality Real Estate Leads per Month by Feeding Your Blog RSS Feeds from the MLS.

3. Agents that write blogs perform more research to keep up with their local markets than Realtors who don’t blog.

This greater knowledge base becomes a significant competitive advantage over non-blogging Realtors…

BENEFIT: Blogs build a Realtors’ knowledge base and credibility as an expert in their field. Because the blog platform gives the realtor a channel to market their knowledge, visitors tend to think of the Realtor as an expert.

1 Month of blog topics: Ultimate guide to building real estate blog content that gets results

4. By frequently providing quality local real estate content, a Realtor builds credibility within their community.

They connect with their audience (read “potential clients”) on a personal level that makes them feel as though they already have a relationship.

BENEFIT: Blogging agents generate more leads than non blogging agents. People like to do business with people they “know” and respect as an expert, therefore blogging agents generate more leads than non blogging competitors.

Read also: Real Estate blogs are stores, not newspapers – so blog like you are selling houses, not writing for your local paper.

5. Any blog that is driving reasonable traffic can be monetized or set up to generate leads.

Once a blog has at least 100 pages of content and proven traffic, an Amazon affiliate shop, Text Link Ads or Google AdSense account can be added to defray marketing costs. Blogs can also be used similarly to websites by including lead generation systems.

BENEFIT: Blogs can be monetized to provide an alternative income source. Because blogs drive substantially more traffic than websites, monetizing them can boost a Realtor’s bottom line during good times and carry him/her through lulls in the market. They can also be used with calls to actions and lead generators the same way you use a website, so they can directly impact lead generation.

Read also: How to generate leads from your real estate blog: we have proof.

Read also: Driving qualified traffic to your site through the search engines will increase your traffic to lead conversion ratio.

6. Blogs are better indexed by search engines, syndicated through RSS feeds and many offer free social networking ping services.

Through these mechanisms, your blog content is constantly marketed across the web and consistently driving traffic back to you.

BENEFIT: Blogs drive more traffic than websites. Blogs have many more automated web marketing tools than websites and are better indexed by search engines. Your customers can find you more easily, driving far more quality traffic to you than a website that tends to be static.

Want to learn how to start and build a successful real estate blog?

Order a free copy of How to Start a Real Estate Blog.

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Comments

5 Comments on “Why Realtors and Mortgage Brokers Should Blog”

Overland Park Real Estate

I feel blogging has become an important part of the real estate industry. I would compare it in importance to what open houses were before the internet.

Wayne Long

Very well said. Blogging gives your potential clients an opportunity to get to know you and your ideas. Also, as you said – blogging makes the blogger stay more current and fresh. Good all around.

Tim O Keefe

With all due respect if blogs were that great your blog would rank above your own website.
The reality of it is that a blog is just software, that makes it easier to not have to worry about the geek stuff. But to perpetiate its superiority is late by about 3 years.
If you do not believe me then look at the top Alexa rankings and notice their are not too many blogs that rule the top 100, or 200.
Yes their are some built in advantages that come out of the box in most blog packages.However, most can build in the advantages into a website.
The advantage of a blog is not the software so much as its underlying premise. That you fill it in with content. And writing content is not a Web 2.0 invention. Just a necessity. And the software that makes it easy to write because you do not have the geek stuff to worry about is a blog software. Blogging as the verb is hugely important. Blog as a noun is just a tool.

Arlington Lender

I also agree in the importance of blogging to the real estate industry.

Ryan

The Benefits of Blogging for Mortgage Professionals « The Ibis Network

[...] Blogs Generate More Traffic: To establish your business online, you need to show up in search-engine results. And to show up in search-engine results, you need regularly updated content. Search-engines such as Google, Yahoo! And Bing respond to frequent updates. In other words, if you’re blogging, you’re more visible to potential clients and referral partners. You’re also providing an ongoing source for useful, relevant information in your industry that will only increase your chances of setting yourself apart from the field. [...]

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