If you’re not getting many motivated seller leads to your real estate investing website, it’s for one of two reasons. Here, we’ll help you diagnose your “no leads” issue…
We’ve focused on what investors are doing right, so it only seemed fair to focus on what’s going wrong.
A few times a week the same thing happens, we get emails from non-Carrot members that look something like this:
“Help! I’m not getting many motivated house seller leads from my website and I don’t know why!”
It always stinks to hear that, but the good news is that most real estate investing websites struggle to generate leads for a few basic reasons.
So let’s dive in to get to the crux of the problem.
Getting leads online really equates to only two simple things. Traffic and Conversion. But before you get started, take a few minutes and watch…
It All Comes Down To Traffic and Conversion
- Traffic – Are you getting traffic to your website? (ranking well for keywords that actually get enough searches to matter?)
- Conversion – Does your website convert enough of those visitors to leads?
So, when someone emails in and asks for advice to get leads… it always comes down to those two things.
Traffic and conversion.
This post is mainly about the Traffic part since we already know the Carrot system converts (Conversion Examples: Here , Here , and Here ).
So first we look at the traffic… because if there isn’t any traffic going to your website… conversion doesn’t matter.
If your website is converting motivated seller leads at 15% (15 of every 100 visitors sends you their info, which is solid)… and you’re only getting 25 people to your website each month… that’s only about 4 leads per month.
Not much to build a business off of right?
So… here’s what we do.
We start problem-solving by asking the same questions. If you’re banking on SEO is a part of your traffic generation strategy… we’ll ask you this question first:
How much search volume is happening in your market?
In simple terms… are there enough people in the areas you’re targeting searching for the keywords in Google that your pages are ranking for?
Unfortunately, most of the time we get a “huh?” in response.
Then we explain:
Even if you’re ranking at the top of a search, no one is going to click your link if no one is searching.
Then a lot of times we’ll dive in and do a little bit of research, only to discover what we already know… that there’s little to no search volume in their market for the keywords they’re ranking for.
It’s like putting a great billboard on a dark back alley street that no one sees.
But put that same awesome billboard on a busy street… then it produces GREAT results.
Here are Some Examples For You
For a quick illustration of what I’m talking about, let’s look at some US cities and check out the search volume (using the keyword planner tool in Google’s Adwords) for a common search term in each market, “we buy houses [insert your city]”.
This term tends to be a popular search phrase across most cities in the US so it’s usually a great barometer in any market for the volume of “highly motivated sellers” in that market:
The Good – Below are numbers for average monthly searches for those terms in Google. You can note that some cities get MANY more searches than others… showing the potential SEO demand for that keyword.
Our barometer is anything over 30 per month is worth making a page for on your website with our SEO Grader tool to help you rank for that term.
The Bad – Below are numbers in a few cities we grabbed out of thin air. One of the cities below is a city that a client of ours is ranked well for but emailed us saying he hadn’t been getting leads to his website.
Why? “we buy houses fair oaks” isn’t getting much search action. The Fair Oaks market may not be a great
city to focus on for all of your online lead generation efforts.
Now, it’s important to realize a couple of things about that data:
- Each of those is the average number of monthly searches over the last 12 months. It’s really common to see big spikes in search volume one month, followed by a major drop in traffic in the next if an economic event happened in that city causing more motivated sellers (a huge job layoff in the city, etc.).
- Notice that the most populated city has the least amount of searches: In this example, Philly was searched 24x more often than NYC, although it has only 18% of the population.
Searches like these are often motivated by external factors
We originally wrote this post in 2014 when we did a Google search for “Philadelphia layoffs,” and at that time there were almost 4,000 teachers were laid off in June of 2013. The point is, when lots of people lose their jobs at once, it’s easy to imagine panicked sales taking place if folks can’t pay their bills.
These searches for the “we buy houses [insert your city]” and “sell my house fast [insert your city]” terms happen when people need fast answers (and you want to be in front of them when they search for those fast answers, like our client David Brown has been able to do).
Check out David’s “Getting More Motivated Seller Leads Online” Case Study.
They’ll often do a quick search, and if they find what they’re looking for, they’ll put in their information into a form and become a “lead”. If they don’t see what they want, they’ll keep moving until they find it.
But if SEO is your main marketing strategy, you won’t get any leads if there aren’t many searches for the specific phrases you’re ranking for.
Search Engine Optimization for Real Estate Investors Only Works When Enough People Are Searching The Phrases You’re Ranking For
Too many SEO services out there just focus on getting you rankings… because rankings are sexy right?
But those rankings don’t matter much if they’re for terms that only a handful of people are searching each month.
So what happens if you’re in one of those markets that aren’t getting many searches for the popular terms like “we buy houses [your city]” or “sell house fast [your city]”?
Does This Mean That You Should Abandon SEO When Searches Are Low?
Not at all!
In fact, it’s a really good time to build your business and get creative.
Remember, SEO is a long-term strategy. It’s not a short-term one.
And if you’re really wanting to generate consistent leads and dominate your local market online… you can still do that!
I just closed a deal from you guys, it was all because of your site and the credibility built in and all that. Going to be a really profitable deal, and I’m going to reinvest that going forward. You guys rock and I love the sites and everything you all do! – Joseph Sauter, Quick Cash Sale For You
While yes, there are some markets where there just aren’t a lot of motivated sellers searching online… but it doesn’t mean the sellers aren’t out there searching.
You just need to broaden out your keywords that you focus on your website so rather than banking all of your traffic on just the “we buy houses ” or “sell house fast ” keywords… add in others.
Not Getting SEO Leads? Here’s Your Plan Of Action…
Create some pages on your motivated seller website for “Focus Keywords” (use our SEO Grader tool to help you optimize these pages for those phrases very easily) like…
- sell your house fast [insert city]
- how to sell house fast in [insert city]
- how can I sell my house fast [insert city]
- sell my house for cash [insert city]
- how to rent your house in [insert city] (many people who need to sell, just quit and settle for renting. Write an article on your blog!)
- tips on selling your [insert city] house
… you get the idea.
If rather than trying to bank your lead generation on 1 term that only gets 30 searches a month… why not create some more pages on your website (InvestorCarrot makes that crazy easy) that are focused on other keywords ALSO in your market… so you have 15 pages ranking for search phrases that get 30 searches a month each.
Make sense?
If NOT, hit us with questions below and we’ll dive in and clarify for you… we’ll even get specific and help you figure it out for your own market through the comments section below.
Even if you’re in an area that doesn’t currently get a lot of search data… it’s worth it to rank well there.
When something happens in your market (like layoffs) that create a lot of demand for fast, cash buyers, you want to be first in line to capture those leads. Working on SEO now is critical to rank high when searches do pick up.
If you’re like most investors you’re deeply focused on your local market and what’s happening today. You’re only working to make deals happen soon, not years or months down the road.
That might be a mistake.
Too many investors are only thinking about short-term results… even though the best investment advice is always focused on long-term wealth-building, not scattered attempts to get rich fast.
If you’ve got the bigger picture in mind, there are a few ways you can grow your business:
- Get inventory in other ways. Go old-school and start knocking on doors. Network. Partner up with companies who provide services to homeowners under financial distress. Put up signs. Advertise – good pay-per-click can be really helpful to capture the few searches that do exist. Since the leads are fewer, you’ll have to pay more to get them. That’s supply and demand.
- Focus on growing a different list. If you’ve been trying to capture seller leads, shift your focus to building a list of cash buyers. Ditto on rent-to-own tenants. When inventory is tight there are lots of people looking for deals, so set up another site to grab those leads. If you hustle, you can find ways to profit from those lists, even when inventory is low.
- Branch out to surrounding markets too. Too often people get stuck thinking that they need to work where they are, instead of going to find the place where they can add the most value. Start with other cities around you and see if there is more search volume in those cities. I know investors who have switched their focus away from the major metro areas and are focusing on smaller, blue-collar areas where there’s less competition from other investors. Once you’re really good at building lists, generating leads and doing deals, you don’t have to be geographically limited at all. With the right local partners, you can work anywhere.
- Adjust your strategy. Too many investors and entrepreneurs get stuck on a particular path, and they lose their perspective on the big picture. They forget that they are subject to the whims of the market and that the market is entirely outside of their control. When there’s not a high rate of foreclosures, wholesaling and flipping get tougher. More competition + fewer deals = Lower profit margins.
Does that mean that wholesaling and flipping are bad strategies?
No, not at all – just that you’ve gotta pay attention to the conditions in your local market without forgetting the bigger picture.
Know Your Market And The Trends (Or we’ll help keep you up to date :-)
To illustrate, let’s do a quick Google Trends search in the US for “we buy houses” just to see how the graph moves around:
As you can see, there were a lot more folks searching for “we buy houses” back in the fall.
Overall in the US economy, we seem to be exiting a period of high fluctuation and returning to a slow, stable growth pattern.
And while trends in our market change… so do the things that sellers and cash buyers type into Google.
Just do your research (or follow us here on this blog and we’ll do it for you) and adapt on your website to focus on the keywords your market is typing into Google.
For now…
- “we buy houses” and “sell house fast” (and related terms) are still some of the most popular for the ultra-motivated sellers
- “investment properties in ” is a search term growing in popularity right now big time (GROW THAT BUYERS LIST!)
If your market doesn’t have many searches for those terms… consider going after other keyword terms like the ones I mentioned in this article… OR, branch out into other surrounding cities to capture search rankings in those ones too so you can do deals there too to increase your lead flow.
Sound like a plan?
Hit us with your questions about your market below… or questions about how to take this knowledge and use it on your own websites to get more traffic and leads this year.
Don’t Have Time To Focus On SEO But See The Value?
Think about this. If you’re investing in markets that get at least 30 searches a month for “we buy houses [insert your city]”… and don’t have the time or energy to focus on worrying about the SEO yourself… we can help.
If you’re interested in a long-term SEO strategy for your business, you should check out our SEO services… we’ll let you know if your local market has the search volume to make SEO worth the investment based on what we uncover.
Don’t have a website or want a system that works great to generate traffic and convert the leads?
What if your local keywords do not have any searches. Do you think that this means that this is not a good market to try and invest in? We currently rank #1 for several keywords in our local area (such as we buy houses syracuse, sell your house syracuse, sell your house fast syracuse etc…) but when doing keyword search, these keywords are not showing up as being searched? Any help??
Daniel! Great question.
So there are different philosophies out there… but here’s mine.
If one of your main markets is Syracuse… then you should def be working on ranking well for those keywords in that market because there are people searching them (or related phrases) for a city that size. Now, if in the Google planner it shows “-” for traffic… it just usually means there’s not a ton. But we have found keywords the Google keyword planner show a dash for… that we knew without a shadow of a doubt had good traffic because we were getting traffic from those phrases.
Also something to consider w/ the keyword planner is that traffic estimation is just for that exact phrase. For “sell your house syracuse” that traffic estimate is just for those exact words.
But sellers search all different ways… one may search “sell your house syracuse” one may search “sell my house syracuse” one “sell my home syracuse” another “selling my house in syracuse” another “selling my house fast syracuse” … “sell my house syracuse ny”… you get the idea.
The strategy isn’t to just go after that one keyword… it’s to create content on a page that will likely get you ranking very well for all of those variations of that keyword phrase. So make sure you’re mixing in those other words and other variations on how someone may search into your content a bit. Make it look natural but mix it in.
So in actuality… your “base” keyword you’re focusing on may be “sell your house syracuse”… but the idea is to have that page rank very well for dozens of related phrases. They all may get very low searches… but stacked together get a good flow.
Then you can go after other phrases as well in that market… “selling my house without a real estate agent in syracuse” (what our Content Pro contnet marketing system does for ya)… and “selling a house I inherited” or “cash for homes syracuse” or “sell my house for cash new york”… you get the idea.
The way you crush it with inbound online marketing isn’t by optimizing for a couple phrases and stopping (we do have lots of members who did just that and are crushing it cause they’re in markets with a lot of search volume for those… literally we have customers closing 3-7 deals a month from just that)… but in markets that aren’t getting a huge search volume… it’s casting a wide net and having all of that traffic stack up.
Hope that helps man!!!! Hit us up if we can help you in more detail :-)
Though the phrase “We Buy House” does show a lot of traffic in Google. I have always wondered how many of the people who are searching that keyword string are actually just other investors looking for networking possibilities. Whereas it seems like whenever a homeowner finds our site through a more user centered phrase like “Sell My House Fast” that they are more motivated to sell their house. Your thoughts?
Hey Doug! Yep you’re 100% accurate that a lot of investors search that phrase.
Investors search lots of phrases though too.
The “we buy houses” phrase is 100% driven from investor marketing efforts. It’s not a natural phrase for people to think “I’m going to search “we buy houses portland” to find people who buy houses.
Naturally they type things like “cash home buyers [location]” or “sell my house fast [location]” or “sell my house without a real estate agent [location]” or whatever.
But because tons of investors have been trained over the years to put “we buy houses” on their direct mail pieces, bandit signs, business cards, etc…
… that volume of offline marketing drives that online demand.
the people go online to “look for those we buy houses people from that bandit sign I saw” etc.
So in a market that doesn’t have a lot of offline marketing w/ those messages (areas where bandit signs aren’t prevalent, etc.) or in areas that don’t get lots of direct mail pieces.
So YEP! You should keep focusing on the phrases your sellers are thinking up themselves and typing… then take stock for what type of demand is being created from offline marketing in your area.
On that note, markets with heavy home vestors franchise marketing efforts… a really good performing keyword we’ve seen is a mis-spelling of their name :-)