December 25 2013
We're continuing a holiday tradition of revisiting classic articles from the past year. This article was originally published back in May. Enjoy!
Is your website losing traffic to third party sites like Zillow and Trulia? If you're like many brokers, the answer is probably "Yes." Since 2011, traffic to broker websites has gone flat, while activity on third party sites has flourished.
This doesn't have to be the fate of your real estate website, however. By discovering what real estate consumers want and how they behave online, you can craft an effective website strategy.
Broker websites have traditionally been developed around the business needs of the broker. However, it's consumers that drive success--not brokers, MLSs, or even agents. If you don't understand what the consumer looks for in a real estate website, you have no foundation on which to build a successful online presence.
So what do consumers want? Let's take a look:
Once you know what consumers want, learn why they want it. Understanding the mindset of today's online consumer is the first step in creating a competitive broker website.
Now that you've ascertained what your visitors want and why, you next need to understand how they use your website. Use analytics tools to follow their search experience, see how they navigate through your site, and evaluate their search keywords. Be sure to also measure key performance indicators, like time on site and bounce rates, as these demonstrate your visitor's level of engagement.
To increase engagement levels, it's critical to evaluate your website. Of particular importance is the listing detail page. Tons of time and traffic are spent here. Be sure to evaluate your URL structures, as well as your calls to action. (Are they measurable? Positioned correctly?)
You've learned what users want, why they want it, and how they behave on your site. Now, it's to formulate a strategy. Gone are the days of keyword stuffing and buying links. Today, search is all about meeting the user's intent. Search engines like Google try to determine intent by weighing where the user is searching from, the content of their query, and their previous search history.
It follows, then, that effective search engine optimization is all about connecting your site's content with the user's intent. You can accomplish this by:
Effective broker websites require a constant evaluation of usability. This is not just a singular event, but an ongoing process that's driven by understanding the needs and behaviors of online real estate consumers. The big portal sites already know this. With this understanding combined with local content that the portals can't compete with, your brokerage's website can easily dominate search results in your area.