Real estate marketers are tasked with navigating complex challenges that demand well-planned strategies. The swift tempo of societal shifts and unpredictable market trends underscore the increasing necessity for effective strategies to optimize marketing ROI.
One highly influential approach is the usage of video marketing in real estate. It presents a vibrant, engaging medium for showcasing properties, improving SEO, augmenting online visibility, and boosting engagement levels.
Did You Know?
A study by the National Association of Realtors in the United States indicates that integrated videos can enhance organic search results directed to your website by 157%. Additionally, listings featuring videos receive 403% more queries!
A well-created video can vividly highlight the unique features of a property, providing potential buyers with a comprehensive and immersive view. This form of visual storytelling can stir emotional responses, shaping purchasing decisions and help in improved marketing ROI. Well, it is no wonder that most homebuyers find websites with integrated videos extremely helpful during their search.
However, the potential of video marketing in the real estate sector remains largely untapped. Although 73% of homeowners express a higher propensity to list with a realtor who uses video marketing, a mere 10% of real estate marketers are capitalizing on this strategy, as per a report by the National Association of Realtors (NAR). This underutilization presents a substantial opportunity to secure a competitive advantage.
Interestingly, an effective video marketing strategy can fulfill several roles within the sales funnel. At the top, it can draw valuable page views and boost SEO. At the mid and bottom levels, an engaging video can serve as the decisive factor prompting buyers to reach out to the realtor. Moreover, innovations in technology such as AR and VR can provide distinctive and immersive experiences, enriching the viewer’s experience.
So, the aim of this blog post is to delve into the potential of video marketing in real estate as a potent tool to enhance marketing ROI.
Real Estate Video Types For A Robust Video Marketing Strategy
The expectations of real estate consumers have noticeably evolved, with a growing preference for interactive experiences over traditional methods. The effectiveness of video, particularly in its ability to realistically portray properties and increase marketing ROI, has been demonstrably confirmed, marking a significant shift in the real estate industry.
The creation of professional real estate videos necessitates a meticulous choice of superior visuals and sound, an engaging narrative that resonates with potential buyers, and comprehensive post-production editing. These elements, when combined, result in a refined final product that accurately and effectively represents the property and its environment.
#8 Real Estate Video Types
#1 Property Showcase:
Creating a property showcase video is a video marketing strategy to optimize marketing efforts. Capturing key features of a property using high-quality equipment and editing the footage with software like Adobe Premiere Pro, can create engaging videos that give better marketing ROI.
When shared across digital platforms, these videos offer an immersive virtual tour experience to potential buyers. This is particularly effective with millennials, who make up the largest percentage of property buyers and have a solid preference for mobile-first, social, and video content.
Incorporating elements like drone footage and 360-degree videos can give a real estate website a competitive edge. With the majority of property buyers preferring this type of content, not utilizing property showcase videos could lead to missed opportunities.
#2 Neighborhood Overview:
A neighborhood overview offers clients more than just property details; it presents a holistic view of the lifestyle the property affords. This tool not only aids clients in visualizing the lifestyle and assessing its alignment with their needs but also showcases a real estate marketer’s local expertise and commitment to help customers make informed decisions. Furthermore, it serves as a powerful marketing tool, enhancing online presence and attracting potential clients when shared across various digital platforms.
An effective neighborhood overview should contain highlights on relevant amenities, high-quality visuals, and engaging visual elements. Also, Incorporating testimonials can provide a first-hand perspective of the neighborhood, adding a personal touch. The best way to conclude the video is with a call to action, encouraging potential customers to make a visit or a consultation.
#3 Virtual Tours:
Virtual tours allow for 360-degree property viewings, offering an immersive and realistic depiction of spaces, eliminating the need for potential buyers to visit physically. These tours are created from a series of stitched images, processed to form a spherical depiction of the property, which can be accessed via smartphones, desktops, or even VR headsets for a more immersive experience.
Virtual tours greatly benefit realtors by fostering instant customer engagement, providing detailed property information, increasing profits, and giving a competitive edge. These videos give an interactive property exploration experience, resulting in property listings with virtual tours receiving more views than those without. Advancements in AR, VR, and AI technologies promise further enhancements to the virtual touring experience.
#4 Agent Introductions:
Agent introduction videos are a great video marketing strategy to improve ROI by building trust and credibility with potential clients. They allow professionals to showcase their expertise and unique value in an engaging manner, thus boosting conversions. The production involves good lighting, clear audio, and engaging content within a 1-2 minute timeframe.
For quality agent introduction videos, use a DSLR camera, a fluid head tripod, and editing software. The DSLR offers better quality and flexibility than a smartphone. The tripod ensures steady, smooth filming, avoiding amateurish, shaky footage. If using a DSLR, a zoom lens with a focal length of 17mm-40mm or 16mm-35mm is recommended to avoid image distortion or barreling.
#5 Client Testimonials:
Client testimonials instill trust in potential customers, influencing their buying decisions, leading to increased sales and improved customer loyalty. Share testimonials on social media, transform them into success stories, and encourage clients to post them on LinkedIn. Add headlines to testimonials for increased visibility, include them in newsletters, and follow-up emails. Considering most people trust recommendations, even from strangers, these testimonials can significantly power your marketing strategies.
#6 Before and After Renovations:
Before renovations, a property might struggle to attract potential buyers or tenants due to outdated designs or inefficient layouts, leading to subpar marketing ROI.
After renovations, properties can align better with market demands, incorporating newer technologies like energy-efficient appliances or smart home systems. These features showcased in a video can attract tech-savvy consumers, reduce costs, and enhance marketing ROI . Videos with virtual tours showcasing transformations facilitated by digital transformations can increase the customer base, ensuring quicker occupancy and further improving the marketing ROI.
#7 Home Buying Tips:
Home buying tips videos, characterized by their informative content delivered in an engaging way, can foster trust among prospective clients, enabling them to navigate the home buying process with ease and confidence.
The production of a captivating video on home buying advice is not merely about basic editing; it involves the strategic use of advanced video editing techniques. For instance, match cuts enhance the aesthetic appeal of transitions, while the use of cutaways, inserts, and so forth can augment visual stimulation and diversity. Marketing ROI can be enhanced by providing a rich and immersive experience to potential buyers.
Editing Real Estate Videos Are Difficult. Here Is Why?
Editing real estate videos is a complex, detail-oriented process that transforms raw footage into a professionally structured narrative. This involves arranging shots logically, enhancing visuals with color correction and brightness adjustments, and incorporating smooth transitions for seamless viewing.
The video’s pace is fine-tuned to sustain viewer interest, and elements such as text overlays, background music, voiceover narration, and branding details are added. The result is a polished, professional video that not only embodies the brand’s image but also builds confidence in potential buyers, which is why most brands delegate this task to professionals with the right expertise or outsource the project to an established team equipped with right tools and knowledge. To get it right is crucial in garnering more marketing ROI.
In conclusion, it’s unequivocal that videos play a significant role in selling real estate assets. Videos accelerate lead nurturing by attracting more traffic. When it comes to real estate listings, those with videos get more inquiries than those without.
Moreover, the majority of potential buyers and sellers express a preference for agents who incorporate videos into their marketing strategies. Also, a significant percentage of homebuyers utilize videos to delve into the specifics of a particular community.
Additionally, homebuyers utilize video house tours in their decision-making process.
Therefore, if selling real estate assets is your goal, leveraging the power of video could significantly increase your chances of success.
Well, are you ready to take your real estate marketing to the next level? At VCD, we specialize in creating personalized, engaging, and high-quality real estate video tours that will showcase your properties in the best light.
Tags: Marketing ROI, Video Marketing Strategy, Virtual Tours
