Monday Q&A: What Is Screencasting?

Today’s question focuses on a video format that has been gaining a lot of traction outside of its traditional education-focused niche: screencasting.

Question:

“What is screencasting and how can I use it to get more sales?”

What is Screencasting?

Screencasting has been used by educators and trainers to teach students online for many years. In its most basic form screencasting is a video recording of the teacher’s computer desktop with an audio track that allows the teacher to explain what they are demonstrating in the video. That is an oversimplification of what screencasting is really capable of but as a definition it’ll do.

Here are a few real-estate specific examples of how to use screencasting in your business:

  • 1-2 minute video showcasing how to use your website’s real estate search.
  • Under 30 second clip showing clients how to open email links if they’re not formatted properly.
  • Explain market conditions using data reports on your desktop combined with a video from your webcam.

The two leading programs for screencast creation are Camtasia Studio (Mac and Windows) and Screenflow (Mac). You can usually save a few bucks on Camtasia Studio if you buy it at Amazon.com .

Each screencasting package offers a free trial so you can test the software, create some screencasts and see how you like the platform. If you do create a screencast be sure to post a link in the comments below so we can check it out!

Here’s a guide on what you can do with Screenflow from YouTube user SoldierKnowsBest:

Photo Credit: Яick Harris

This post contains affiliate links. Find out why we use affiliate links by clicking here.

Quick & Dirty Guide: Making A Real Estate Facebook Fan Page That Delivers

Friendwheel

Respect your network. (photo credit: jurvetson)

Let’s get the question everyone asks out of the way first: Is there a simple, free show-my-listings app for my Facebook page?

Answer: No, unless your particular IDX provider has created one and failed to put it in the Facebook apps store. There are a few free apps, but all of them require membership to third party sites, or are ad supported, most don’t work, and most don’t even run via IDX but require manual input of each listing and some weird restrictions on your “basic” account. Save yourself the frustration and link to an external page with your listings (I know you’ll still look for that one true app anyway, but at least I warned you).

Here’s where a normal blogger might put a quick rundown of “Why You Need a Facebook Page”, and that might be a wise choice, but I’ve answered the question so often lately I’d rather focus on Stage 2, that is, how to make your Facebook page rock. If you need to know the answer to why, I suggest Jay Baer’s 11 Mind-Blowing Reasons Your Company Needs Facebook. Every drop of it applies to real estate, perhaps especially to real estate. You should also read Mike Mueller’s run down, Why a Fan Page? if you’re still not convinced (at which point I give up).

Let’s begin.

Don’t reinvent the wheel. When Facebook’s native apps do something well, stick with them. Your Photos tab is the best example of this. Nothing you or your web guys make will rival it, unless you just love paying a king’s ransom for redundant technology. Smart page owners find interesting ways to feature and link to these standard apps, while placing an emphasis on superior content in these decidedly un-flashy frameworks.

Make it look good. Use Photoshop or hire someone to create a landing page that represents you and lets visitors know that your page is going to be better than those boring, static pages other agents have. Upload your image somewhere secure and then paste this basic code into the FBML box you’ve made for this tab (with the URL replaced by that of your image):

<img src=”http://insert.address_of_your_image/here” />

Reserve an SEO-friendly username. When you reach 100 followers, go here and grab a URL (facebook.com/XXXXX) that accurately represents what you do, but also takes into account what people are searching for online. It doesn’t need to include your business name, it shouldn’t be too long, and it should establish you as the authority in whatever space you’re attempting to fill, at least on Facebook. For instance, working with Nanette Labastida, we were able to reserve facebook.com/EastAustinHomes, which is generic enough to be a hot search term, but specific enough to ensure she won’t be competing for traffic with impossibly-established terms like “Austin real estate”. Understand that once you choose, your URL is permanent.

Your page name—separate from your username—absolutely has to include either your name or the name of your business, per Facebook’s own terms of service. You should want this, too. Search engines will associate the more generic terms in your username (URL) with the specific information in your page name. For example, if Nanette keeps up her page with content people like and interacts with fans and visitors, Google will soon associate the search “East Austin homes” with Nanette Labastida, and serve up results accordingly. This is especially true if others link to her page form within Facebook and without.

Wall posts aren’t enough. Whether it’s exclusive information or your contagious charm, people fan-up and stay for a reason. You interact with them, keep them in the loop, ask them questions, and find a way to stay in front of them in interesting ways. Jay Baer, in the post I referenced above boils down an interesting recent study:

9. Wall Posts Don’t Impact Popularity

The Sysomos study also found very little correlation between how frequently the Facebook page admin posted to the wall, and total number of fans. However – and this is important – there is a strong correlation between amount of other content (notes, links, photos, videos) and number of fans.

Thus, if you want to grow your Facebook fan base, it is imperative that you move beyond simple Wall posts and add photos, videos, links and other content.

Think: What are you able to give them that others aren’t? It’s not as simple as reading a blog post and plugging in some badass content. Sit down and think about what you’re offering and how to get it to them.

Your page is about them, not you. So is your business, actually, but that’s another discussion. Keep this in mind as your cardinal guiding principle and your Facebook page will not only rock, but net an ROI that no one can sneeze at.

Site Building 101: How To Build an Email Drip Campaign

This article is part five of a five part series on building a real estate website with WordPress. You can view the rest of the series by visiting our guide at the bottom of this post.

Earlier this week we talked about what an email drip campaign is and now here’s a more in-depth look at how to build one.

How Do I Set Up an Email Drip Campaign?

When building an email drip campaign you need two things:

  • Email Campaign Manager (see more below)
  • A Plan

After you choose a vendor it’s as simple as determining how many days you want between each email. How many emails do you send out and how often? Unfortunately there isn’t a one size fits all approach but general rule of thumb is to base it on how frequently you think a prospect needs to be “touched”.

For example, with website search registrations you would follow up with them by setting an intro email to send out to them immediately or, at the very most, within 1 day. Then follow up the next day with another email and a third email a couple days after.

In the pic below you can see an event template I created in Heap that links my first drip email to be sent out to a prospect within 1 day of being added.

So, what kind of campaign should you build? And, should you build just one or many campaigns for different niches?

Deciding What Kind of Email Campaign to Build

In the past I have used a single email campaign for all of my website search registrations with a fair amount of success. I opted to go with the single campaign route for two reasons: easy maintenance and because I wanted to have a drip campaign in action ASAP. From my experience I have found that most prospects typically respond to the first email or fourth email and, occasionally, an email in the 10-15th range.

Since you’re most likely just getting started, a nicely written series of short emails (all in one campaign) from you will suffice. Once you start receiving responses from prospects with questions you can use those responses to enhance your current campaign or as the basis for a niche focused drip campaign in the future.

Building a great email campaign is a matter of relevance. In other words, if you categorize your prospects well (e.g. townhouse buyers, relocation buyers etc.) you can create laser focused campaigns that delivers messages relevant to that prospect’s moving situation thus making them more likely to respond.

Personalizing Your Email Drip Campaign(s)

Mail merge is a feature that allows you to insert a variable into your email (e.g. [Prospect Name] which will pull your prospect’s name from a database and insert it automatically before sending) so each of your emails are personalized. Variables also allow you to change specific data like your phone number or email address without having to go through every email and change it manually.

Here’s an example of an email I wrote with variables in place (the CRM in the pic below is Heap):

Here’s what your prospect sees when they receive your email:

All the variables from the first email look flawless in the prospect’s version. Okay, everything except the “Talk with you soon,” double entry. :) That’s a good reason to sign yourself up for your drip campaign so you can catch any oversights before it hits a potential client’s inbox.

In the above example I used Heap CRM to send out my drip email. There are a number of companies to consider which are reviewed in detail below.

What is an Email Campaign Manager?

An email campaign manager is a web-based company that will coordinate your drip campaigns, handle unsubscribe requests from prospects who are no longer interested in receiving your emails and ensure your email address stays off ISP spam lists.

The benefit of an email campaign manager is in spam/ISP management. When you’re busy listing homes for sale or working with 5+ buyers it can be easy to forget to remove a prospect from your email campaign.

Email management companies automate this entire process for you by no longer sending emails to prospects that opt out. They also make sure email providers like AOL and Yahoo! don’t blacklist your email campaigns. If that happens all of your drip emails to future prospects using their service will automatically go into junk mail which is a VERY bad thing.

Some real estate search vendors offer a drip email tool in their administrative dashboard making it very easy to distribute emails to your leads. If not, there are a few third party tools worth checking out.

Third Party Email Campaign Manager Recommendations

Heap CRM - Heap is the best all-around campaign/prospect manager. You can run email templates, event templates and keep track of prospects from one interface. At $9 per month it’s also the most cost effective implementation of the two.

The only downside I noted with Heap’s drip campaign management is the lack of unsubscribe features including instant removal once a prospect decides to opt out of your campaign. This could put you in hot water (see above) pretty quick if you’re not careful.

Heap CRM Cost: $9 per month per user.

MailChimpMailChimp scores points as the coolest looking and most fun to use email campaign manager. Not only do they keep your email delivery rate high but they also have a pretty simple interface to work with.

MailChimp’s autoresponder tool (for drip campaigns) isn’t the most intuitive that I’ve used. I have a strong preference for Heap’s tool but I appreciate the value of MailChimp’s ISP/unsubscribe management.

If you already use 37signals’ Highrise HQ you’ll be thrilled to know that MailChimp makes it easy to import your contacts from Highrise to MailChimp for drip campaigns.

MailChimp Cost: Free up to 500 subscribers. Pay-as-you-go plans offered and monthly plans from $10/month.

Aweber - Aweber is the reigning king of campaign management tools and for good reason. Setting up a drip campaign is simple and straightforward but Aweber’s integration with customer relationship managers (i.e. Heap, Highrise) is notably absent. Still, at $19/month it’s yet another affordable solution.

Aweber Cost: $19/Month and up.

If you enjoyed this post be sure to check out the rest of our Site Building 101 series below:

Site Building 101 Series:

1. Introduction to Building Your Real Estate Website With WordPress (Includes Cost Summary!)

2. Choosing a Domain Name and Web Hosting

3. Designing Your Website

4. Selecting a Great Real Estate Search Vendor

5. You’re here!

Photo Credit: jonrawlinson

This post contains affiliate links. Find out why we use affiliate links by clicking here.

Site Building 101: Selecting a Real Estate Search Vendor

This article is part four of a five part series on building a real estate website with WordPress. You can view the rest of the series by visiting our guide at the bottom of this post.

You have one goal when building your real estate site: to generate leads. Converting web visitors into leads is the single most important function of your website because that’s the only way you can make sales so, when compared to everything else, visitor to lead conversion is paramount.

I can’t stress the importance of this enough because your website’s biggest lead generator, by far, will be your real estate search powered by the vendor of your choice. What can you do to maximize the lead generation potential of your search? Read on…

The Five Questions That Will Save You Hundreds Of Dollars

There are a ton of real estate search vendors out there. Before making a choice ask yourself these five questions about each vendor:

  1. Does their search product load fast? – Visitors don’t wait to view results. If it doesn’t load quickly your prospects will happily click away to a competitor who sprung for the fast loading search.
  2. Is the search interface easy to use? - If you can’t tell ask someone who is completely unfamiliar with computers to use each search to locate a home for sale in a specific area.
  3. Are there any fail-safes built into the system? - What happens if your particular search page stops loading or, even worse, fails to update the list of homes for sale on your site each day. Will your vendor know that their search has failed or will you have to discover it first?
  4. How easy is it to integrate their search into my website? - Does the search vendor offer multiple preset page widths that you can easily integrate into your website? Are there any search plug-ins available for popular website management platforms like WordPress to make integrating their search into your site easier? Finding a search is half the battle. Making it look classy and designed to fit your website’s style is the other half.
  5. Is there any way to edit my listings on a map or change incorrect address information? – As a new construction specialist this irks me to no end. When properties are new they don’t appear on Google Maps or other mapping services for a few years. In the mean time, you need to make sure you are accurately showcasing your listings including attributes like location on a map and correct city name. Sometimes mapping services will just find the closest address to the street name of your new homes even if it’s in an entirely different city.

My Search Vendor Recommendations and Experience Points

I have personally used two real estate search vendors: iHouseWeb (2007-2008) and Diverse Solutions (December 2008 – present) on HouseMeetsOwner.com. In my experience iHouseWeb was okay (just okay) but their real estate search was pretty slow. On the plus side, their customer service was decent and they upgraded their service to 3.0 shortly before I cancelled my subscription and moved over to Diverse Solutions.

Although I still use Diverse Solutions now it was a rocky road throughout my first year with them because point #3 above, built-in fail-safes, is a lesson I learned while using their search product. I ended up discovering my search hadn’t been updated since late June 2009 at the end of August 2009. It then took another week and a half just to get it fixed.

In 2003-2006 it might not have been that big of a deal that their search product hadn’t updated my database of homes for sale in months because prices were on the rise and buyers were plentiful. In 2009, however, when we were seeing double-digit price drops year-over-year practically every month, it was a crippling blow to my business.

That said, I do still recommend Diverse Solutions for two reasons: as of this writing there isn’t a better real estate search solution out there and DS’ product has been working quite well for me since they fixed it in September ’09. It seems they have also worked on improving customer support (one of their major drawbacks in my experience) in the Fall of 2009.

Update 2/28/2010: Diverse Solutions’ IDX failed to update listings on my website, HouseMeetsOwner.com, for the past 18 days which has gone unnoticed by myself and the DS staff. Because this type of failure can have a major impact on your business I have removed DS from my recommended list below.

So, Who Do You Recommend?

Play with every search product out there and choose the one you are happiest with. Here are a few good places to start:

If you enjoyed this post be sure to check out the rest of our Site Building 101 series below:

Site Building 101 Series:

1. Introduction to Building Your Real Estate Website With WordPress (Includes Cost Summary!)

2. Choosing a Domain Name and Web Hosting

3. Designing Your Website

4. You’re here!

5. How to Build an Email Drip Campaign

Monday Q&A: What is an Email Drip Campaign?

Stepping into the second week of our Site Building 101 series, today’s Q&A is all about email drip campaigns:

Question:

“What is an email drip campaign?”

An email drip campaign is a series of automated emails that are sent to your database of leads at a pre-determined pace. For example, you can create a drip campaign that will automatically email your leads a pre-written email from you 1, 3 and 5 days after they first inquire and then once a week thereafter.

Using mail merge features you can even customize your automated emails to include your prospect’s first name and other important variables about their specific needs (i.e. homes in Warwick, NY or wherever they first started their search).

Why Should I Have an Email Drip Campaign?

The biggest reason: You’ll close a lot more prospects from your lead database than you would have without a drip campaign. This occurs because a drip campaign continues to follow up with prospects for weeks, months and years while you continue working with RWA (ready, willing and able) customers.

As an example, think of your lead database like seeds in a garden and your drip campaign is like a timed sprinkler system. Once you’ve planted the seeds you keep watering them until they mature (or in a lead’s case: when they’re ready to buy or sell) and then reap the rewards.

The key to drip campaigns is that it automates this entire growth process for you while still remaining personalized for each prospect. By doing this you’ll have a never ending supply of RWA buyers and sellers within 12 months and every month thereafter for as long as you work in real estate. Not a bad return on investment! :)

Later this week we’re going to dig deeper into how to build an email drip campaign as the final part of our Site Building 101 series.

Photo Credit: laszlo-photo

How-To Quickly Build and Manage Your Online Reputation

Building and managing your reputation online can be puzzling. There are many networking sites, blogs, micro-blogs, property listings sites, bookmarks, and more. This leaves many real estate professionals wondering how they can manage all of these sites and portals at one time. The answer? You can’t. There simply isn’t enough time to be hyper-connected and do a significant amount of real estate business at the same time.

So what’s a real estate professional to do? The new goal? Create profiles where the majority of people are; Facebook, Twitter, Linkedin, and maybe a few others. Then build a consistent online reputation through meaningful interactions. Continue to manage your online reputation and monitor it effectively. Well, if only it were that easy. Of course that’s what the social media gurus and ninjas will have you believing. Let’s take a closer at the fundamentals which you can control.

1.  Go where the people already are

Your goal is to set up online profiles at the sites where the majority of people already are. Avoid the start up social media sites, for now.  Focus on the big 3; Facebook, Twitter, and Linkedin. These sites have over 400million people on them. Why chase rainbows with all the new startups? You simply don’t have time. Focus on your own site or blog and where the majority of people already are.

2.  Use a semi-professional photo

Don’t do the old suit-and-tie gig. There are simply too many of these already. You need to be different, but not different to the point people think you are too strange to do business with. See my sample photo on the top right of this post. Look casual, confident, and relaxed. Find a bright setting and make sure people can clearly see your face. Your goal is to earn trust and not look “salesy”.

3.   Build a consistent profile across all channels

Having a consistent profile is key. People, including potential customers and your peers, will start to recognize you online in various places which will build trust over time. This makes your online presence more reputable. Consistency is king when managing your reputation online and in the trust game.  Use a similar profile description on these channels. Condense the same profile for Twitter’s 140 characters.

Samples of Consistency:

Sample Facebook Profile

Sample Linkedin Profile

Sample Twitter Profile

4.  Be professional.

I wish there was s stronger way to say “be professional”. I was sitting down for coffee with my friend, Chris Clothier yesterday. He told me when he’s discussing social media with people he often asks them if they are playing Mafia Wars or growing tomatoes on their farms within Facebook. If the answer is yes, he tells them their level of professionalism and trust has been impacted. Being professional is more than image. It’s the way you communicate with people. Make sure your email etiquette is strong and that you appropriately respond to people using concise points and properly using the “cc” and “bcc” fields. Lisa Harmon recommended me the book dedicated to email etiquette, “Send” by David Shipley which I feel is a must for any real estate professional.

5. Focus on having meaningful interactions

While I won’t go into social media and how to Tweet, Linkedin, or Facebook with people, I will summarize this point into a simple phrase, “Focus on having meaningful interactions.” In doing so, the rest falls into place. Don’t worry about making sales, number of followers, clicks, links, etc. By connecting with our clients, prospects, and colleagues and adding value to their lives and interacting in a meaningful way, everything will fall into place.

6. Effectively Monitor Your Online Reputation

With Google moving to real-time search the management of your online reputation has been simplified greatly with the Google Alerts system. With this one can quickly set up automated alerts which will be sent via email when your name, business name, or web URL is mentioned online somewhere. You can even get these set to be emailed to you as they happen.

With Google Alerts you can choose if you want these alerts set up for real time, a daily digest, or a weekly digest. This is critical, especially when you start producing content. Google Alerts came in handy when a disgruntled ex-business partner used online media to say something negative about me in an erroneous article. I immediately received an alert. This alert allowed me to comment on the article and at least offer my stand point. In this way, managing your reputation online can be just as crucial as building it.

Building and managing your online reputation doesn’t take social media expertise and technology skills. With today’s tools, you can easily set up a consistent and professional profile across multiple channels. Worrying about what others say about you can be automated, leaving you with more time to focus on connecting and having meaningful interactions.

Site Building 101: Designing Your Website

This article is part three of a five part series on building a real estate website with WordPress. You can view the rest of the series by visiting the guide at the bottom of this post.

The design process is the most exciting part about building a new website. Whether you go with a free, premium or custom theme (website design), your design options are virtually limitless with WordPress. We’re going to review the pros and cons of all three aforementioned options and how/when they should be used on a real estate website.

Free WordPress Themes: No Cost

The best, most trustworthy place to find free WordPress themes are at WordPress.org’s free theme repository. Another excellent resource can be found at Smashing Magazine where they frequently offer high quality WordPress themes for free.

Pros: The themes are free, some rival premium themes in quality.

Cons: Very limited selection for business users like real estate agents. Little to no support offered if you run into problems with a theme. Many free themes require that you leave the footer links (links at the bottom of the website) intact to promote the company that created the theme for free.

Premium WordPress Themes: $60 – $100

Premium themes strike the perfect balance of being inexpensive while still maintaining the high quality standards of a custom WordPress theme. There are a growing number of niche real estate themes being offered by WordPress developers like AgentPress, Gorilla Themes’ Broker, Open House and Smooth Real Estate and Agent Theme by StudioPress.

Pros: Nominal cost for a high quality WordPress theme (many with options tailored towards real estate agents) that offers web-based support to help you get up and running. Most theme licenses allow you to remove footer links making your website look much more professional. Multiple color schemes in some themes helps keep your website looking unique.

Cons: Minimal cost for a theme could lead to other agents in your marketplace using the same design for their website. Some premium themes still require more customization after purchase to make it match your brand/style.

Custom WordPress Themes: $2,000+

Custom WordPress themes are the crème de la crème of website design. Most agents and independent brokerages would be wise to start off with a premium theme and build out your web presence first before pursuing a custom website. Medium to large brokerages and top producers who insist on one-of-a-kind branding and website styling are better suited to custom design.

Pros: Totally unique website design which is great for brand identity. Custom features can be added to your site like an integrated listing search system and enhanced photo galleries for your listings.

Cons: Significantly more expensive than a do-it yourself premium theme. May come with pricey monthly or yearly maintenance costs.

If a custom website design sounds ideal check out Real Estate Webmasters and Dakno. Both are leading real estate website design firms used by top agents like Jim Olenbush and Kevin Tomlinson.

For brokers and agents who love the cost of premium themes but want a more custom look for their site there is a hybrid option: purchase a premium WordPress theme and then hire a designer to modify it to your specifications.

You really can’t go wrong with a premium WordPress theme or, if your budget allows, a custom website. Once you decide on which path to take there are a couple tips to keep in mind:

1. Use caution with free themes. - Most free themes aren’t really sufficient for use on a business website. This is mostly because free themes tend to be poorly designed or offer little to no support. I would only recommend using a free WordPress theme if it’s of very high quality and is from a trustworthy source (WordPress.org).

2. Know what you’re getting BEFORE you buy. - Find out how the product/service provider will answer your support questions before purchasing their product. Also, don’t be afraid to spend an inordinate amount of time playing with a theme to make sure it’s the right design for you.

If you enjoyed this post be sure to check out the rest of our Site Building 101 series below:

Site Building 101 Series:

1. Introduction to Building Your Real Estate Website With WordPress (Includes Cost Summary!)

2. Choosing a Domain Name and Web Hosting

3. You’re here!

4. Selecting a Great Real Estate Search Vendor

5. How to Build an Email Drip Campaign

Photo Credit: Torley

This post contains affiliate links. Find out why we use affiliate links by clicking here.

Site Building 101: Choosing a Domain and Web Hosting

This article is part two of a five part series on building a real estate website with WordPress. You can view the rest of the series by visiting the guide at the bottom of this post.

Today we’re going to touch on the two most important parts of a website: its domain name (i.e. www.yoursite.com) and the web host you choose to deliver your site to visitors.

Domain Name

Your domain name represents your business brand so the bulk of your time building a website should be spent deciding on what you want your domain name to be and what kind of content you’re going to have on your site. Most obvious domain name choices (i.e. MadisonWIrealestate.com) will be taken already so you’re going to have to get creative. Here are three tips to help you create a memorable domain name:

1. Make sure your domain name is short and easy to remember. - When I created my first real estate site it was http://www.realestateinthenycsuburbs.com. Wha? Exactly. Too wordy and not easy to remember. Although a bit more abstract, http://www.housemeetsowner.com is shorter and much easier to remember. It also builds helps build my brand should I ever opt to create an independent brokerage.

2. Don’t use your name or something that can’t be sold in the future. - This is a personal preference but I think it’s short sighted to build a web presence using yourname.com. If you ever wanted to sell or lease your real estate business/assets in the future it’ll be very hard to rebrand your site from yourname.com to the new owner’s name.

I like Sue Adler’s approach to her newest site, http://www.njexperts.com, because it has a lot of flexibility and can be resold to any brokerage/agent in the state of NJ should she relocate in the future.

3. Skip connector words that are easy to leave out and hyphens (example: in, the, and). - When you compare www.realestateinthenycsuburbs.com to www.housemeetsowner.com you can see how memorability changes between the two. The connector words like “in the” aren’t as easily remembered and more apt to be left out. Ideal domain names are three to four words, maximum.

Where to register domain names: I have a strong preference for GoDaddy.com when it comes to domain purchasing and management for two reasons: GoDaddy is one of the leading domain registrars in the world so you know they’re trustworthy and they have a user friendly interface to manage your domain names. All of my domains are registered and managed through GoDaddy.com.

Web Hosting

Choosing a web host, the company that serves your website to visitors when they visit your domain name, is the most important part of building your website. A reliable web host will ensure your website is up and running 99.9% of the time meaning you maximize the potential of converting visitors to leads.

Not all web hosts are created equally. I moved from three previous hosting companies before finally settling at Dreamhost which I’m quite satisfied with.

The top three things to look for in a web host are:

1. Excellent uptime and reliability (99.9% minimum).

2. Even better customer service. – Send in a few questions to the sales department via email and see how long they take to respond. This is a better way of gauging customer service because Googling reviews of hosting companies tends to lead to unscrupulous affiliate websites with fake reviews and recommendations.

3. Easy to use control panel. – Most hosting companies use cPanel which is pretty decent. Dreamhost has a custom control panel that I find to be a bit nicer and easier to use when it comes to things like one-click WordPress installs and creating website email accounts.

All of the popular hosting companies offer some type of unlimited hosting or similar that’ll suit the needs of most real estate sites.

Hosting Recommendations

GoDaddy.com - I’ve used GoDaddy in the past and their hosting is a great value at $5.59/month but their server PHP was still at 4.3 while every other host used PHP 5 and I didn’t love their customer support as a more advanced user. If you don’t know or care about PHP then GoDaddy should be fine.

GoDaddy is the best choice for absolute beginners because you won’t have to change your website’s name servers and you can manage your website all from GoDaddy’s control panel. You can get a 1-year domain registration for $1.99 if you buy it with a GoDaddy hosting plan.

Dreamhost - Dreamhost is my favorite web host because their customer support is amazing (most hosting companies won’t advise you on issues with WordPress, Dreamhost will) and they have the best dashboard for website management. Combine their excellent customer support with frequently updated servers and a nice dashboard and you can see why I prefer the service. Dreamhost web hosting starts at $5.95/month.

Money Saving Tip: OnlineRealEstate101.com readers can save 20% off a yearly hosting plan with Dreamhost by using promo code ORE20OFF.

Click here to learn more about Dreamhost.

If you enjoyed this post be sure to check out the rest of our Site Building 101 series below:

Site Building 101 Series:

1. Introduction to Building Your Real Estate Website With WordPress (Includes Cost Summary!)

2. You’re here!

3. Designing Your Website

4. Selecting a Great Real Estate Search Vendor

5. How to Build an Email Drip Campaign

Photo Credit: Jamison_Judd

This post contains affiliate links. Find out why we use affiliate links by clicking here.

Monday Q&A: How Much Does It Cost To Build a Real Estate Site With WordPress?

Today’s Q&A launches our first post series: Site Building 101. The five part series (including this article) runs through the basics of building a site using WordPress including choosing a domain name and web hosting, designing your website, selecting a great real estate search vendor and creating an email drip campaign.

Question:

“How much does it cost to build a real estate website with WordPress?”

Answer:

When building a website for real estate you have two types of cost: fixed and variable.

Your fixed costs are:

  • Domain Name (i.e. yoursite.com)
  • Website Hosting (Serves your website to people who visit your domain name)
  • Email Drip Campaign Marketing Service
  • Real Estate Search Vendor

Your variable costs are:

  • Website Design and Maintenance (varies by skill level)
  • Website Marketing and SEO

Eventually your website hosting and email marketing service might become variable costs after you reach a certain growth point and need to move up to more expensive plans. For a brand new site or one that doesn’t get 30,000+ visitors per month the upcoming hosting plans will be perfect.

So, how much does it all cost?

Domain Name – $10.69 or $1.99 with hosting at GoDaddy.com

Website Hosting – $5.59/month at GoDaddy.com to $8.95/month at Dreamhost (we use Dreamhost for ORE101).

Website Design - Premium WordPress Theme – $60 to $100

Email Marketing Company – $19/month at Aweber

Real Estate Search Vendor – $25/month to $60/month+

Total Cost For First Year - $670 – $1,166

For first time website creators that might seem like a bit much. The bulk of your cost is going to come from having a real estate search (aka IDX) on your website but that’s also going to be your biggest lead generator so it’s absolutely necessary.

Also, when compared to a custom website, which typically run $5,000 – $10,000, a WordPress site is an inexpensive lead generating machine. If a custom website is something you’re considering for the future I recommend building a WordPress site for now and then, once you are well established online, invest in a top tier website.

Over the course of the next two weeks we’ll dig deeper into each of the costs associated with building a successful real estate website.

Check out our entire Site Building 101 series using the guide below:

Site Building 101 Series:

1. You’re here!

2. Choosing a Domain Name and Web Hosting

3. Designing Your Website

4. Selecting a Real Estate Search Vendor

5. How to Build an Email Drip Campaign

Photo Credit: Jakob Montrasio

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How To Use a Premium WordPress Theme To Create An Awesome Single Property Site

I love Twitter. I love it because you get to meet so many interesting people and learn new things that you wouldn’t have otherwise been aware of had someone not tweeted it out. One such cool thing I saw recently was Jay Thompson’s (@phxreguy) single property website for his newest listing at 490 E. Elgin St in Gilbert, AZ.

Using the Thesis WordPress theme Jay created a destination site that makes use of Thesis’ media box to display random photos of the home on every page, links to local and school websites and a fantastic photo gallery.

The site also pulls double duty as a search portal by adding a real estate search to the site. This will be a tremendous feature of the site should a home buyer visit the site, pass on the home and want to view similar homes in the area.

For non-WordPress junkies you can check out the single property website service from AgencyLogic to create similar results.

To see Jay’s single property site in full click here.

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