Social Media – Build your own or Pay As You Go?

pay as you go social media for estate agents

If you are only after results from social media such as brand awareness / leads / website traffic and other business positives, then you can use what has already been done over creating your own. Let me explain…

There are two great ways to grow your brand on social media, one is that you create your own presence and work on building and engaging your own audiences. This option will most probably take a great deal of effort, time and sometimes money. The benefits of creating your own presence on social media is that you are in control of the audiences you have built, you decide as and when you communicate with them by way of posts / updates / messages.

The other option is that you form relationships with those on social media who carry the audiences you wish to target. This option will save you time though most certainly cost you a lot more in money. Unless you are using this option to drive audiences to your own social media accounts, then you must consider that using other social media user accounts to drive enquiries to your business will likely mean that once you have stopped paying then the enquiries will dry up also.

Pay As You Go social media for estate agents is a fine option if you wish to get results quickly and haven’t the time to invest in growing an organic presence. You should also consider that not only can you partner with and sponsor users who hold audiences that would be attracted to the services your estate / letting agency offers, you can also offer to purchase them.

It is amazing to think that soon it will be twenty years that I have been using social media. Over that time I have created and sold many accounts / pages / groups usually to businesses. When I have sold a business, of course comes with it the applicable social media accounts, though I have also been approached to sell accounts and groups based on their theme / audience size. Do not be afraid to adopt the idea of buying what others have created if you are looking for a quick fix as it will give you instant results even though it might cost you a decent amount of money to achieve.Christopher Walkey founder of Estate Agent Networking

If you are wanting fast results from social media and the pay as you go route sounds tempting, and within budget, then below are some tips and ideas for you to consider:

  • Research relevant keywords on social media platforms and see which user accounts / groups / pages appear in the results. Browse through these results in detail checking the popularity of the group, activity / content and who owns them. Do not confine your searching to property, any local groups will likely carry local audiences thus potential targets for your agency
  • Connect and join with them to explore what opportunities there are for you to let the members / followers know about your agency (do consider that most decent accounts and groups on social media will likely be targeted frequently and will delete your promotional posts or even ban you). Think about sharing useful information over direct marketing, ‘Five ways to increase the value of your home’ is far better received over ‘Three bed semi priced at £399,950’.
  • Approach the owners of ones you have picked out to be potentially great to own and see what possibilities there are for sponsorship / partnership and even a take over. If there is a great mortgage advisor on TikTok giving daily updates on the latest deals, why not think about sponsoring them?

 

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

Breaking News

Households facing £114 council tax increase

The latest research from eXp UK shows that the average household could see their council tax increase by £114 over the next year following increases of up to £986 over the past ten years. At the beginning of April, the majority of local councils are expected to put council tax up by 4.99% – the…
Read More
Breaking News

UK House Price Index for January 2025

The latest index shows that: The average monthly rate of house price growth in January was -0.3%. Average UK house price annual inflation was 1.3% in the 12 months to January 2025. As a result, the average UK house price currently sits at £268,000.   Here are some thoughts from the Industry.   Damien Jefferies,…
Read More
Breaking News

Exchange time reaches 135 days

Property transactions slow as exchange time reaches 135 days — up 45% on 2019 The time it takes to exchange contracts has risen to 135 days — 45% longer than in 2019 and 3% higher than last year — despite a drop in property transactions year-on-year, it emerged today. Novus Strategy, the transformation consultancy for…
Read More
Breaking News

Industry response to latest inflation figures and its impact on housing

Industry response to UK inflation remaining at 3%. Nathan Emerson, CEO of Propertymark, comments: “Although inflation has remained steady since last month, it is important to acknowledge geopolitical tensions moving forward, and the effect such pressures may have on many households over the coming months. “Today’s news should help bring a measured sense of consistency…
Read More
Breaking News

Foxtons Lettings Market Index – February 2026

Seasonal recovery as improved supply and demand indicates a return of market momentum   Lettings market is showing signs of seasonal recovery as we see market activity picking up, with February performance indicating that momentum is returning following a usually quieter winter period. Renter budgets remained broadly stable, averaging £540 per week year to date…
Read More
to let sign 2025
Letting Agent Talk

The best time to list a rental property in London revealed

Lettings experts at Kinleigh Folkard & Hayward reveal the best time to list a rental property in London to get twice as many enquiries Spring is a natural reset for our homes with a light refresh going a long way to help us feel rejuvenated. A quick coat of paint where walls look tired, fresh…
Read More