Back to all articlesEvergreen Strategies for Luxury Real Estate Marketing In 2024Published by Kimberley DERUDDER #Real estate FacebookTwitterLinkedinPin this project Ever wonder how some real estate brokerages keep scoring big in the luxury home market? How do they keep posting luxury listings and those ” just sold” pictures just days apart? As it turns out, it’s all about their savvy use of luxury real estate marketing tactics.The real estate industry is a market like all the others, where demand and supply dictate. But here’s the kick – there’s a driving force behind those affluent buyers, people selling luxury homes, and the entire real estate business.Some call it market psychology, but it’s more than that. It’s luxury real estate marketing.If you’re already daydreaming about your real estate agents posting luxury properties and closing more deals, you’re in for a treat. Get ready for a crash course in top high-end real estate marketing strategies.What’s New in the Luxury Real Estate Market?The luxury market is different from all the others. To sell luxury real estate, you need a different approach that caters to a very specific niche of clients. What’s more–you’ll need to master luxury real estate marketing, which requires a different set of knowledge. But don’t worry; we’ll go through everything below.Selling Luxury Homes: What is It, How to Do It, Upcoming Trends SourceLuxury real estate is a niche that specializes in high-end residential or commercial properties that satisfy the premium needs of wealthy potential buyers. These buyers are looking for top-tier luxury properties with lavish amenities and opulent features at a high price.When selling luxury properties, the first step is to develop a comprehensive marketing strategy that:Showcases the property’s USPsAppeals to the target market and luxury sectorThis involves crafting a compelling narrative around the property, its exclusivity, and luxurious amenities. High-quality professional photography and videography are essential in this stage. As for your brand, you’ll need an aligned message, stunning visuals, solid procedures, and branded content up to the smallest details.As for trends, keep an eye on sustainability and energy-efficient features in luxury homes. Buyers are increasingly seeking properties that integrate all kinds of cutting-edge technologies (e.g., a lavish, eco-friendly home). Think of solar panels, smart home automation, efficient insulation, and digitized amenities. A luxury property must also feature smart home appliances and maximum security technology.Cut marketing cost and effort by 90%Xara's Marketing Center: Instantly Turn MLS Listings into Marketing Campaigns. Print, Social Media, and Email—All Done for Your Agents.Learn How Brokerages Use XaraWhat Is Considered a Luxury Listing (Standout Features) SourceLuxury real estate is unique due to these defining characteristics:Architectural design. Luxury properties often feature grand and impressive architectural designs.Location and exclusivity. You can find these properties in the most prestigious areas. They have scenic views, are close to high-end amenities, and give a sense of privacy and exclusivity.High-end features, premium building materials, and upscale amenities. Lavish decor, appliances, last-generation technology, or even amenities like private spas and wine cellars catch the attention of luxury buyers.All in all, luxury buyers want the most out of any property. They’re not just looking for a home but an all-inclusive, high-end space to satisfy their lavish lifestyle and more. Luxury features like in-house saunas, spas, cold plunges, or wine cellars are only the tip of the iceberg.In 2024, Luxury Listings Have Their Own Unique Sub-NichesThe target market for luxury real estate consists of high-net-worth individuals who have specific requirements and expectations. This niche clientele values exclusivity, exceptional quality, and personalized experiences.Among luxury clientele, you will find different types of buyers:International buyersYounger affluent buyersCommon high-end buyers like wealthy familiesSerious buyers and affluent clients like accredited investors, entities, or trusts.In this landscape, marketing luxury real estate to each target audience is more important than anything. Financial aspects don’t drive these prospective buyers, but top-tier incentives do.Evergreen Strategies in Luxury Real Estate MarketingNow we know who the target audience of your next luxury property could be and what piques their interest. Now, let’s delve into some of our best luxury real estate marketing strategies you can immediately try.If you’re just starting out in luxury real estate, read this first… SourceBefore diving into the luxury real estate market, taking care of your house first is essential. By “your house,” we mean the skills, knowledge, and expertise of your luxury real estate agents. Selling luxury properties requires a different level of attention to detail, professionalism, and client service. Here are a few crucial points to consider before entering this market:Strengthen your pitch. Read more about how to create a solid pitch deck here.Streamline your work. Chaos and confusion have no place in the luxury market. Prioritize attention to detail, fast turnaround for marketing materials, and efficient communication with Xara–the Ultimate Marketing Center for Brokerages and Agents.Curate a strong online presence. Create a professional website or landing page showcasing your expertise and the luxury properties you represent. Use social media platforms to create a history of posting relevant luxury home marketing.1. Use Words That SellWhen you’re selling luxury homes, your audience is no stranger to marketing tricks. We’re talking about individuals like self-made millionaires, executives, or those born into wealth. They’ve likely seen it all. So, ditch the basic marketing techniques.What you need is strong, contextual, emotional marketing, and it starts with the words you use.Forget about saving money with fancy AI tools or generic copy. Unless you’re really stuck, think twice about it. If you do go for AI, make sure you know how to use it right (check out our best AI prompts here).Instead, get a niche copywriter. Someone who knows how to make your ads, posts, scripts, case studies, and replies to inquiries stand out. It’s a smart move to speak the language of your high-end audience and set yourself apart from the usual noise. In luxury real estate marketing, details matter more than you think, and your potential clients will notice.2. Master Digital Marketing: SEO, Social Media, and More SourceThis is a topic that’s probably been on your to-do list for a long time, and we’re sure you’ve given it a read or two before. So, we won’t go into detail about digital marketing strategies. If you do want to know more about it, make sure to go through this guide to learn how to create a social media calendar.Real Estate SEODigital marketing starts with real estate SEO (search engine optimization). SEO makes your real estate website a magnet for potential buyers.To boost organic traffic and connect the right people to your luxury real estate agents, you need a website that reflects your intent. This will help both Google and your target audience to find and index your website more easily.To do this, you’ll need to:Make your site easy to use. Don’t overload your website with fluff and spammy content. Always check and optimize your site’s speed and test the interface yourself.Create relevant content and post it on your website. Use keywords from your niche to create each web page, so that you’ll attract qualified leads.Gain relevant backlinks to your website. In a nutshell, this part requires you to have a website so credible, strong, and relevant that other people from your field link to and share it with their audience. It will help you rank higher in search engines and establish yourself as a thought leader.Social Media in Real EstateSocial media is a serious business for selling homes. In fact, we identified at least 6 social media platforms to help you boost your online advertising efforts.But don’t take our word for it. Check out these quick statistics for social media in real estate marketing:63% of realtors use social media in their businessSocial media is better than MLS to generate relevant leads48% of agents say that social media ads are their most effective form of advertisingBottom line? These apps aren’t just for selfies and scrolling. They’re a goldmine for luxury real estate.3. Content is KingVideos That Wow Sources: Drumelia Real Estate, Anthony Richpark, MermaidRealtorHigh-quality real estate video content is non-negotiable if you want to sell any listing, be it a high-end property or not. A house is, on average, the most expensive acquisition of a person throughout their lifetime. While that might not be always the case for luxury buyers, you still need to put time and effort into marketing your luxury real estate property.Invest in a skilled person to make a high-quality video of each luxury property you listed. Aim for content that makes viewers feel like they’re right there in the house and evokes positive feelings. Additionally, you can reuse that content to create virtual reality representations of the house and boost your open-house viewings.Blogging is Not DeadBlogs aren’t just for tech geeks. In fact, more than three-quarters of internet users read blogs regularly. They’re truly a great way to attract qualified leads and convert them. So, yes–writing high-quality content can boost your chance of selling that luxury home you’ve had on the market for too long.To write good blogs, ask your real estate professionals for help. Dedicate some of your knowledgeable team members to contribute to the copywriting team’s efforts. This will make your brand stand out with original, captivating real estate content. You can also tap into real-life stories from agents and former clients to boost your brand’s image.The Power of Stunning Visuals: Xara’s Graphic Designer and Templates Okay, it’s time to spill the beans on why Xara is your content marketing powerhouse. Meet the graphic designer and templates that can turn your listings into stunning visual content for your:BlogsSocial MediaVideo thumbnailsPrint and direct mail materialsEmail marketing campaigns (banners, signatures, etc.)Offline marketing campaigns (flyers, window banners, event invites, etc.)Think of Xara as your go-to marketing center for everything your real estate agents need to be more productive, efficient, and organized. The best part? With Xara, you never have to compromise on results. In fact, Century 21 saw a 90% reduction in time spent on marketing AND improved brand recognition after using Xara.Try Xara for Free Here! No credit card required, no hidden fees–just real estate content done right, all in a snap.4. Sell the Story SourceLuxury home sales go beyond numbers. They tap into emotions, so make sure to tell a captivating story. Don’t just mention how many rooms or bathrooms a house has—create a narrative that draws potential buyers in.What’s the best way to market Luxury Real Estate Properties?Here’s how to do it:Craft vivid descriptions. Use expressive language to convey the ambiance of each room both in print and on video (use scripts). Help buyers visualize the lifestyle your luxury homes offer.Highlight unique features. Share the distinctive aspects of the property that make it stand out. Whether it’s a breathtaking view or custom-designed interiors, make it a part of the story.Create virtual tours. Let potential buyers take a virtual stroll through the property. This adds a dynamic element to your storytelling, allowing them to experience the flow and charm of the home.Showcase the lifestyle. Paint a picture of the luxurious lifestyle your homes offer and tailor it to each niche (family, bachelor, investor, etc.). Invite your quality leads and potential home buyers to open houses.Use imagery. Share high-quality images and videos that evoke emotions. A picture is worth a thousand words, and in this case, it could be the key to winning over the luxury housing market.Don’t Be Cheap with Your Tool StackNothing we share here will work in luxury real estate marketing if you’re being cheap about your tool stack. With that being said, being cheap doesn’t mean being money-conscious. You can still budget while investing in the right solutions.Here’s what matters most in luxury real estate marketing:Your visuals need to shine.Your texts must be on point (nail the narrative and the technical aspects).The way you manage your team. Invest in tools and procedures that streamline work. A digital asset management platform can save you precious time and resources.Client communication must be fast, accurate, and professional. If a chatbot makes sense for your brokerage, get it, but make sure to add a human touch to this department as well.If you want your agents to be more productive while bringing in better ROI from marketing efforts, make sure to give Xara a try for free!A Marketing Center at Disposal is the Secret SauceIn those market conditions, real estate companies and agents shouldn’t spend a lot of time creating collateral.Let them do what they do best: selling.Empower your team with a Marketing Center for Realtors, where agents can:Create their branded marketing materials faster than a designer.Distribute and track their content’s performance.Send their materials directly to their clients’ mailboxes.Collaborate with their team on shared documents.Organize and access their assets in one place.Ready to Turn Heads in the Luxury Market? Try Xara Today!Automate your luxury real estate marketing materials with Xara. Try it now for free for 14 days, or book a 1:1 coaching session with one of our experts. Get Your Free Real Estate Marketing Materials For Your Business!Join 10 000+ real estate agents powered by Xara Marketing Center. Sign up for a free account. Get a 14-day premium trial. No credit card required. START MY FREE TRIAL Ready to Automate Your Marketing? Discover How Xara Helps Brokerages.Request a demo PREVIOUS POST 5 Best Real Estate Broker Software You Need In 2024 NEXT POST How to Stay Ahead Using a Real Estate Marketing CenterRecommended for you #Real estate How to Become a Thought Leader in Real Estate Using Social MediaPublished by Kimberley DERUDDER #Real estate 18 Must-Have Real Estate Marketing Materials in 2024 + TemplatesPublished by Kimberley DERUDDER #Real estate Ultimate Guide to Real Estate Facebook AdsPublished by Kimberley DERUDDER Get started for freeYou will be on your way to creating branded documents and designs that can transform your businessNo credit card or phone number required.Start creating instantly — 1 minute signup. SIGN UP NOW
#Real estate How to Become a Thought Leader in Real Estate Using Social MediaPublished by Kimberley DERUDDER
#Real estate 18 Must-Have Real Estate Marketing Materials in 2024 + TemplatesPublished by Kimberley DERUDDER