REAL ESTATE
January 18

What is Smart Targeting in Real Estate? And Should You be Using it?

Chief Editor

Smart Targeting 

When it comes to almost every aspect of real estate, from getting leads to closing with clients, technology has become a necessity for any realtor who wants to move up in the business. The market is now data-driven more than ever and sticking to traditional means of getting leads and selling listings will only hold you back. Especially when there are tools all around you that can help you be more efficient. 

That makes it all the more important to maximize your use of technology to grow your business, and that is where Smart Targeting comes in. Smart Targeting is an online tool that allows you to grow your pipeline of listings. By using just one platform, you have access to a powerful tool that allows you to focus only on predicted sellers in a given territory.  

No need to keep sifting through social media posts and ads looking for homeowners that need your assistance; Smart Targeting does it all for you so you can dedicate your time to actually communicating and negotiating. 

 

Data That You Can Use 

The best part? Through its API, you have access to the Smart Data that the platform uses. SmartZip is one of America’s biggest aggregators of real estate data, with over 122 million properties in the database sourced from over 25 providers, so whether you specifically need data on property, demographics, behaviors, or events, SmartZip has you covered. 

Whether you would rather leave the bulk of the work to the platform or you would rather have some hands-on work yourself, both options are open for you.  

 

Make Your Job Easier and More Efficient 

Too often, beginner realtors find themselves lost when it comes to looking for listings and leads. On the other hand, top-performing realtors seem to have leads just come their way effortlessly. The thing that separates the top realtors from the low-performing ones is that those at the top have data and algorithms on their side, allowing them to be more efficient and purposeful in all their actions. They also save time by leaving much of the heavy lifting to technology.  

Smart Targeting uses data, statistical algorithms, and machine learning techniques to predict the people who are most likely to be leads in a given territory. This is called predictive analytics, and what it does is that it uses data, both historical and real-time, to predict future events. Specifically, it uses this data to predict which people are most likely to become property sellers, which properties are most like to be put up for sale, and which people are most likely to become property buyers. 

Through predictive analytics, it is easier for realtors to find and connect with leads, saving plenty of time that can be better dedicated to the more important parts of the process.  

Predictive analytics also allows realtors to predict the future value of a property, especially after renovation, which allows for more accurate recommendations and analyses. 

With Smart Targeting, you no longer have to spend too much on marketing to a broad range of people. Instead, you can now efficiently allocate your limited resources only to people who are more likely to be clients, making your business more productive and more cost-efficient. In fact, Smart Targeting has successfully predicted 72% of listings in 2019, with plenty of testimonials from customers who have increased their listings in a year after starting to use the platform. 

 

Conclusion 

Access to crucial data no longer has to be limited to the big companies with plenty of capital. Save your resources and level the playing field with Smart Targeting, and let your business grow more than it could through traditional marketing alone. 

In an age of information, technology is key, and data drives business. That is why as a real estate agent, it is in your interest to have all the necessary information about leads and potential listings right at your fingertips. 

Seller Leads in Real Estate

Unlocking Success in Rental Property Investments: A Comprehensive Guide to Evaluating Potential Properties

Investing in rental properties can be a lucrative venture, providing a stable income stream and long-term wealth accumulation. However, to maximize your potential returns and make informed investment decisions, it is crucial to carefully evaluate potential rental properties.

Read Story
Seller Leads in Real Estate

Real Estate Investing Mastery: Expert Tips to Supercharge Your Portfolio Growth

Investing in real estate, particularly rental properties, can be a lucrative way to grow your wealth over time. However, it requires careful planning, analysis, and execution to build a successful real estate portfolio.

Read Story
Seller Leads in Real Estate

Mastering Real Estate Investing: Navigating the Pitfalls of New Investors

Investing in real estate can be an exciting and potentially lucrative venture. The promise of passive income, wealth creation, and financial freedom often lures new investors into the realm of real estate. However, navigating this complex and dynamic industry requires knowledge, careful planning, and avoiding common pitfalls.

Read Story
Seller Leads in Real Estate

"The Tenant's Wishlist: A Comprehensive Guide for Property Investors to Meet Tenant Demands and Maximize Rental Success"

Investing in rental properties can be a lucrative venture, but understanding what tenants truly desire is crucial for success. This guide aims to provide property investors with a comprehensive understanding of tenant preferences, enabling them to make informed decisions when acquiring and managing rental properties.

Read Story
Seller Leads in Real Estate

Decoding Rental Property Depreciation: A Complete Guide for Financial Success

Owning a rental property can be a lucrative investment, but it also comes with various financial responsibilities. One of the essential aspects of managing rental properties is understanding how to handle depreciation. Depreciation allows you to deduct the cost of wear and tear on your property over time, reducing your taxable income and increasing your potential for long-term financial gains.

Read Story
Seller Leads in Real Estate

What Is House Hacking and Would It Work for Me?

House hacking can come in several forms. It could mean you have a single-family dwelling and you rent out a guest bedroom. Or maybe you own a duplex and rent out one side to someone else. Either way, that’s what house hacking is.

Read Story
Seller Leads in Real Estate

Here’s How to Snag Unlisted Properties

The best deals aren't published. As any smart investor knows, you have to go below the surface to find off-market opportunities that make it possible to close without competition. What is an off-market listing? Off-market real estate refers to any property that is being sold outside of the conventional "listing" process.

Read Story
Seller Leads in Real Estate

Real Estate Investor FAQs

This Real Estate Investor FAQ blog covers questions on How to: get started in real estate investing, Types of real estate investors, Real estate wholesaler, short-term rental income, reducing your tax liability, types of financing, and hard money loan.

Read Story
Seller Leads in Real Estate

Start Your House Flipping Business the Right Way

Many who are interested in real estate investing want to get into the house-flipping business. It looks fun, and if you watch all the flipping shows on television, you might even think that it’s easy.

Read Story
Seller Leads in Real Estate

What You Need to Know About Short-Term Rentals

Are you considering turning a property you already own into a short-term rental? Perhaps you are a real estate investor actively looking for properties that would fit well in this niche. Regardless, you will need to make sure you know the ins and outs of these types of rental properties before getting started.

Read Story
Seller Leads in Real Estate

What Is Wholesaling in Real Estate and Is It Right for Me?

Anyone interested in real estate investment has probably come across multiple ways to get started. Some people flip houses, while others rent out properties. Another method to make money with real estate is through wholesaling.

Read Story
Seller Leads in Real Estate

Maximizing Your Potential: 10 Effective Strategies for Real Estate Lead Generation and Conversion to Reach 6 Figures

Real estate lead generation and conversion is a crucial aspect of building a successful real estate business. In today's competitive market, it is essential to have a strategic plan to generate and convert leads effectively.

Read Story
Seller Leads in Real Estate

Revolutionizing Real Estate Marketing: How SmartZip's Predictive Platform Gives Agents and Teams a Competitive Edge

Real estate is a highly competitive industry, and it can be challenging for agents and teams to stand out from the crowd. That's why many real estate professionals turn to SmartZip, a leading provider of predictive marketing solutions, to help them boost their visibility, generate more leads, and close more deals.

Read Story
Seller Leads in Real Estate

Boosting Your Real Estate Business with Reach150: The Benefits of Online Reviews and Testimonials

Real estate agents face a challenging and highly competitive market. With so many options available to homebuyers and sellers, it can be difficult for agents to differentiate themselves from the crowd. One way to do this is by leveraging online reviews and testimonials. This is where Reach150 comes in.

Read Story
Seller Leads in Real Estate

Maximizing Email Response Rates in Real Estate: Tips and Best Practices

The real estate industry is highly competitive, and it can be challenging to capture the attention of potential clients. However, email marketing is a cost-effective and efficient way to reach out to prospects, establish relationships, and promote your business.

Read Story
Seller Leads in Real Estate

10 Powerful Real Estate Marketing Ideas to Attract More Clients

Real estate marketing is a vital component of any successful real estate business. The industry is constantly evolving, so it's important to stay up-to-date with the latest marketing strategies to ensure you're reaching potential clients effectively.

Read Story
Seller Leads in Real Estate

5 Steps to Nurturing Your Past Clients and Sphere of Influence in Real Estate

Real estate is a highly competitive industry, and building long-term relationships with past clients and sphere of influence can help you stand out from the competition.

Read Story
Seller Leads in Real Estate

Unlocking Real Estate Lead Generation: Proven Strategies for Success

Real estate lead generation is the process of finding potential buyers or sellers who may be interested in your services. As a real estate agent or broker, it is essential to generate leads consistently to keep your business thriving.

Read Story
Seller Leads in Real Estate

Sphere of Influence Real Estate Marketing: Building Relationships for Lasting Success

Sphere of Influence (SOI) real estate marketing is a strategy used by real estate agents to grow their business by tapping into their existing networks. The SOI refers to the people in an agent's personal and professional circles, such as friends, family, colleagues, and past clients.

Read Story
Seller Leads in Real Estate

Digital Trust: How Real Estate Agents Can Build a Positive Reputation Online

The real estate industry has undergone significant changes in the past decade, particularly with the advent of digital technology. The internet has provided agents with a wealth of information and tools to streamline their work and reach a wider audience.

Read Story
Seller Leads in Real Estate

Maximizing Your LinkedIn Presence: Best Practices for Real Estate Agents

LinkedIn is a valuable social media platform for real estate agents to connect with potential clients, build their personal brand, and showcase their expertise. With over 700 million users, LinkedIn offers a vast network of professionals that can help agents grow their business.

Read Story