How To Use Social Media For Real Estate Investing by steven63

by Joe Thomas on August 8, 2010

Every day, millions use social media for real estate investing to generate new leads, build relationships and find investors.
For years, one of the biggest challenges investors faced was finding deals and getting more leads. No matter if you were investing in a foreclosure or a short sale, finding investors to buy your property was always a challenge. Generally, investors placed newspaper ads to build their lists and hired bird dogs around the country to find properties.

Today, it’s much easier. Now, all you have to do is go on popular social networking sites such as Craigslist, Backpage and other real estate sites to find properties and potential investors. Why place newspaper ads and make phone calls every day when you can go online and search for leads, even down to specific zip codes? (I’m not saying phone calls aren’t important; they are, but there are other tools that may be more effective.)

Social Media For Real Estate Makes Business Easier ā€“ And It’s Often Free!

Most social media sites are absolutely free and draw millions of visitors from around the world. With the click of a button, anyone in the world can see your lead generation website, blog or ads on sites such as ActiveRain.com. Amazing, isn’t it? You no longer have to spend lots of time looking for leads and real estate investors; if anything, they’ll come straight to you.

And popular social networking sites such as Twitter, Facebook and LinkedIn expose your real estate investing business to the world even more. It doesn’t matter if you’re in Anaheim, California or Annapolis, Maryland, social media gives everyone the same tools to succeed. For real estate investing professionals, it’s a new day. You might never meet a real estate investor in Singapore, but you might have a relationship with them because you follow them on Twitter and are a fan on Facebook.

Social media is a common thread, connecting people of different backgrounds and in geographic areas.

One thing is for sure: With 640 million users on sites such as Twitter, Facebook, YouTube and LinkedIn, social media is here to stay.
Here are a few social media tips:

1.Create free profiles on Twitter, Facebook, LinkedIn and Youtube. It’s FREE, but make sure you link your website. (You do have a website, right?)

2.Add social media videos to your strategy. Buy a $30 web camera and do quick, two minute videos. Upload them on sites such as YouTube, your website and your blog to drive traffic to your site.

3.Contribute. Contribute to online groups, forums, discussions, write articles and comment in blogs. This helps establish you as a real estate authority and can drive traffic to your website. You get out of social media what you put into it.
Social media for real estate investors makes it easier to build more leads, land more deals and build new relationships.

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