In 2018, the real industry contributed 1.5 trillion dollars to the U.S GDP. Such a massive addition shows the opportunity real estate provides for the agents and anyone willing to make a career out of it. However easy it seems, it is not as promising if you don’t do it right. There are many real estate investors and agents who earn barely 24,000 dollars per year and then, there are some who earn 110,000 dollars per month. So, all depends on your approach and how you are willing to get ahead in your real estate career.
Starting in real estate, you will be provided many options. Most of the options will include your investments and if you are someone starting with little to no money, they will be a far-fetch. But you don’t have to give up because affiliate programs are an amazing real estate method which you can use to propel your real estate career. These programs are many and you would find them a part of every real estate event you attend. All you have to do is to decide whether you are to go into wholesaling, fixing and flipping or just being a normal agent. Once decided, all you have to do is to become a part of a real estate affiliate program where you will be trained, helped and provided with copious options to boost your real estate career.
The greatest part of an affiliate program is that you can do it without being a real estate agent or as an investor. With the technological disruption of real estate by providers like Zillow, Trulia and many more, 50% of the home buyers found their homes online in 2018. So, if you are someone who would like to become a real estate affiliate marketer and want to make money online through real-estate related businesses, these affiliate marketing programs are what you need to jumpstart your real estate career in the most risk-aversive way.
Define Real Estate Affiliate Marketing
Before we talk a great deal about real estate affiliate marketing, we have to know what it really means in the first place. Real estate affiliate marketing is the money that you earn by helping users complete their transactions for a real estate product. It is just like an affiliate program where you share the links of products and services to gain a percentage off the sale. However in this instance, it is the selling of a real estate product by marketing it to the right people. Now, do remember the statistics we mentioned earlier. More than 50% homeowners got their homes online. So, if you give 15% of that sales figure to real estate affiliate marketing, it would show you the potential and provide you the motivation to try it out.
Real estate affiliate marketing is buying, selling, and renting real estate as well as referring people to real estate courses/programs, elearning models and even books. Not only that, if you step in the real estate products such as signs, videos, or printable products; there is a good percentage included in there as well. However, these percentages may depend based on the websites and their policy, the programs and the way they are curated and due to other differing options.
Now, you are ready to find out some of the affiliate programs which you can join in. These are high ticket affiliate methods which mostly require a substantial knowledge of the real estate industry or its product. To succeed, one has to research deep enough and know as much as they can for better commissions as an affiliate. Let us start with some programs which you can try right now and see your expansion in the real estate industry.
The first one to start with is VRBO. The website as its name goes is : www.vrbo.com. It pairs renters who are looking for short-term rental properties around the world. This is a big opportunity because of the market size and how one can play a role globally. If you are someone who likes to work internationally, having a know-how of the international rental listings would definitely be your preferred sense of style. Currently, VRBO has over 2 million property listings.
Real Estate Express
If you are someone who possesses a large following on the social media, or if you have close links with the real estate industry officials as well as aspirants trying to step in real estate, this can be a resolute income-generating source for you. It is connecting the students with the Real Estate Express and that should kick-start your affiliate career.
Real Estate Affiliates
This one is exciting! You can earn money in three ways by using the Real Estate Affiliates channel. There are:
- Cost Per Action (CPA) : When you send traffic to their advertisers, you get paid.
- Cost Per Lead (CPL): When the referral registers with them and are confirmed, you will be paid.
- Revenue Share: When your referral generates revenue, you get a percentage off them as well.
This is a property management software. It is the optimum choice if you are into apartment buildings and rental property companies. You can use your website for their ads and banners and get started right away. Applying is simple, just sign up on the Buildium Real Estate Marketing Affiliate program through the Impact Platform.
Some Tips to Expand Affiliate Potential
The five programs for your real estate affiliate journey would provide you the launching platform. In addition, you would need some tools to ensure your presence online is felt by the visitors. Remember, the more visitors you have, the higher your chances of winning more commissions from these programs. Also, people with a higher following are preferred by these programs because of the reach. They would reward you with even higher commission pays and sometimes; even a partnership/ambassador status.
If you haven’t already, you should have a website for this. Your website should have all the SEO to ensure people are visiting your site and are finding relevant and useful products. You can do this by hiring expert SEO teams/individuals who can really provide you with the search results and rankings you need to be more visible to your clients. There are a lot of great digital marketing promotion methods which you can use in the real estate industry, or you can hire SEO experts as advised earlier.
While keywords can be great for this advertisement, use rich content and by that we mean rich real estate deals to make sure your are ranked and clients are demanding the properties you have on your website. It will help you grab all that traffic and make you an influencer, which is the next step. Yes, influencers can win more affiliate programs than anyone else. When you have a large following on any social media handle, your visitors are your customers. You can position yourself around them and if done right, your content can really make them head over to the affiliate programs and make you richer by each sign up.
If you really believe in the products you are promoting, it is time to take it on another level by running campaigns. Yes, using Facebook, Instagram, Youtube or Adwords, you can reach many more than you do on just your website. All this traffic can get you the results you wish to achieve with the affiliate programs and the commission goals you have in mind.
As you can see already, it is all a digital process and this means, no pandemic or an external barrier exists to your presence while doing your affiliate marketing. This can be your residual income or a permanent revenue source if you do it with zeal and consistency. Affiliate marketing is not difficult at all. If you are someone who is not good with all this post sharing and making links and what not, enroll in a course and learn the basics of SEO, Marketing, and any other Real Estate Course which might help you in your affiliate career which waits ahead of you. Already an expert and need to start it? Head over to www.realvisioninvestments.com to get started with your affiliate program.
Besides real estate affiliate programs, there are many other options you can choose to become financially independent and earn a handsome passive income. Interested to know more about how we work? Visit our website now and find the program you would like to start with.