Embracing Change: 3 Real Estate Trends Shaping 2024

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Timothy Zaritskyy, Business Strategist at Orange Visuals, shares three real estate trends shaping 2024 in the March issue of Columbus Real Producers.

In the constantly evolving world of real estate, staying ahead of the curve of change is crucial for success. As we step into 2024, it's evident that several exciting trends are reshaping the industry. Below, we will explore three prominent trends transforming the real estate landscape and how professionals adapt.

1. The YouTube Revolution

Often overlooked in real estate marketing, YouTube has become a powerful platform for agents to connect with potential clients. Traditionally, social media giants like Facebook and Instagram dominated the scene. However, agents have recognized YouTube's potential as the second-largest search engine worldwide.

Why the shift? Many homebuyers turn to YouTube to gather information about prospective neighborhoods and properties. REALTORS® have seized this opportunity to establish a presence and engage with a broader audience. They can be trusted experts by creating informative and visually appealing content about neighborhoods, property tours, and real estate tips.

2. Video Marketing Takes Center Stage

In 2024, cold calls are becoming a thing of the past. With most people averse to receiving unsolicited phone calls, agents have adapted by using videos as a primary means of communication. Videos can be easily shared through text messages and email, providing a non-intrusive way to connect with potential clients.

The value of video marketing lies in its effectiveness. Text messages have an astonishing open rate of up to 90% within the first hour, making them an ideal channel for sending property videos or market updates. Additionally, email lets agents track who opened their videos, providing valuable insights into client interest. One success story we've witnessed involves an agent who generated a million dollars in transactional volume by leveraging mass texts and emails with video content.

3. Personalization and Solving Pain Points

Real estate professionals seek unique ways to stand out with changing market dynamics, including higher interest rates and a more discerning buyer pool. The key to differentiation is understanding your ideal client. What are their pain points? What fears or questions do they have? Offering real solutions to these challenges is the path to success.

In response to this need, Orange Visuals introduced the VIP program to simplify agents' lives. By taking care of all marketing aspects on YouTube, Instagram, and Facebook, this program requires just three hours of your time per month. It lets you focus on what truly matters—solving your clients' problems and meeting their needs.

In conclusion, 2024 is a year of transformation in the real estate industry. The rise of YouTube as a marketing platform, the shift toward video communication, and the emphasis on personalization and problem-solving are reshaping how agents approach their profession. To thrive in this evolving landscape, real estate professionals must adapt to these trends, staying ahead of the change and delivering exceptional value to their clients. Embrace change, and success will follow.

Reach out to Orange Visuals at realtor@orangevisuals.com or visit their website at orangevisuals.com to learn more about how they can assist you. Learn more about Columbus Real Producers and other preferred partners on the publication's webpage.