Online home search engines have revolutionized the way consumers buy and sell homes. While these sites have the potential to bring in a considerable amount of revenue for any real estate business, pricing and quality of leads from these sites vary from traditional real estate leads. Below are a few variabilities that differentiate paid online leads that agents need to know, and a few tips for converting them.
Leads may come from various sources or activities, for example, digitally via the Internet, through personal referrals, through telephone calls either by the company or telemarketers, through advertisements, and events. A 2015 study found that 89% of respondents cited email as the most-used channel for generating leads, followed by content marketing, search engine, and finally events. A study from 2014 found that direct traffic, search engines, and web referrals were the three most popular online channels for lead generation, accounting for 93% of leads.