Influencer Marketing: How Social Media Stars can Aid Real Estate Agents

In recent years, influencer marketing has become a popular tactic for businesses to promote their products and services.

Real estate agents have also started to use influencers to reach a wider audience and generate leads. Social media influencers can have a significant impact on real estate marketing, as they have a large and engaged following on social media platforms such as Instagram, YouTube, and Facebook. In this blog post, we will explore the impact of social media influencers on real estate marketing and how they can aid real estate agents.

Audience reach

The ability of social media influencers to reach a large audience has one of the biggest effects on real estate marketing. Influencers have developed a devoted following that respects and trusts their judgment. Influencers' followers are more likely to notice and interact with content when they promote a good or service. To reach a larger audience and improve their chances of generating leads, real estate agents can take advantage of influencers' considerable power.

For example, Ryan Serhant, a real estate agent and star of Bravo’s Million Dollar Listing New York, has used social media influencers to promote his properties. In one campaign, he partnered with lifestyle influencer Olivia Palermo to showcase a luxury penthouse in New York City. The influencer posted photos and videos of the property on her Instagram account, which has over 6 million followers. This campaign generated a lot of buzz and interest in the property, leading to a successful sale.

Social proof

Providing social proof is another way social media influencers can help real estate agents. Social proof is the psychological phenomenon whereby people believe that other people's actions represent the proper behavior in a particular circumstance. Social proof in the context of real estate marketing refers to the likelihood that a property will be viewed favorably and worthy of consideration by a follower when an influencer promotes it.

For example, real estate agent The Altman Brothers partnered with YouTube personality Jake Paul to promote a luxury mansion in Calabasas, California. The influencer posted a video tour of the property on his YouTube channel, which has over 20 million subscribers. The video received over 10 million views and generated a lot of interest in the property. This campaign is a great example of how social proof can influence the perception of a property and drive interest from potential buyers.

Brand building

Real estate agents can develop their individual brands and reputations with the aid of social media influencers. Agents can reach the influencer's audience and position themselves as authorities in their field by collaborating with them. Influencers can advertise an agent's offerings and highlight their qualifications, which can help establish credibility and trust with potential clients.

For example, real estate agent Tracy Tutor, star of Bravo’s Million Dollar Listing Los Angeles, partnered with beauty influencer Patrick Starrr to promote her services. The influencer posted a video on his YouTube channel where he received a makeover from Tutor and discussed her services. This campaign helped Tutor build her personal brand and establish herself as a reputable real estate agent.

In conclusion, social media influencers can have a significant impact on real estate marketing. They can help real estate agents reach a wider audience, provide social proof, and build their personal brand and reputation. Real estate agents should consider partnering with influencers to promote their properties and services. However, it's essential to choose the right influencer for your brand and ensure that their audience aligns with your target audience.

Real estate agents can generate leads and close more deals by collaborating with influencers. Real estate agents can reach a larger audience and improve their chances of success, and influencers can monetize their content, so it's a win-win situation for everyone involved. Real estate agents must change to remain competitive and relevant in the market today given the growth of social media and influencer marketing.

As always, we here from Transactly would like to thank you guys so, so much for taking the time to read this blog post - your continuous support is always appreciated! For all the latest real estate content, latest news, and more to fuel your daily digest, stay tuned: we'll be getting new blog posts up every Monday, Wednesday, Friday, and Saturday.

We'd like to give credit where credit is due and list down the following websites that provided the inspiration behind this blog post - go give their articles a read!

Syndication Pro: https://syndicationpro.com/blog/12-reasons-real-estate-influencer-marketing-is-going-to-be-big

Marq: https://www.marq.com/blog/5-influencer-marketing-strategies-real-estate

Forbes: https://www.forbes.com/sites/amandalauren/2019/05/20/agents-as-influencers-how-instagram-has-changed-real-estate-marketing/?sh=66b65027380d

Apartment Therapy: https://www.apartmenttherapy.com/real-estate-influencers-36846408