How Real Estate Blogging Should Be Done In A Down Economy

Real estate and mortgage companies are running scared, stopping their blogs, and cutting back on expenses. I understand. Things got rough out there, didn’t it? But why are you cutting your marketing budget when this is when you should be marketing your business the heaviest?

Did you know you can cut your marketing budget and still keep blogging daily? It’s true. And all you have to do is take a few partners.

Let’s say that you’re used to paying $400 per month for blogging (if you are then you probably have the wrong blog service provider). You’d think that by cutting that $400 expense out of your budget you’ll be saving money. In actuality, it will probably cost you money. How many of your phone calls come from people who read your blog? Have you asked? Chances are, if you are getting calls from your efforts online then your blog is playing a part in that. Why stop blogging?

Instead of cutting the expense out of your budget altogether, try partnering with complimentary businesses. You use a title company, right? Don’t you have a preferred mortgage lender? How about furniture rental companies? Moving companies? Real estate attorneys?

Think about all the relationships you have with complimentary services. Ask those companies if they’d be interested in partnering with you on a blog. If you took three partners (say, a title company, a mortgage broker, and a furniture rental company) and shared the expense for your blog then you’d only be paying $100 per month for the same service.

There are a couple of ways a blog partnership can benefit you as a real estate agent or broker. You can establish a mortgage and real estate blog, or something similar, and divide your posts up evenly between you and your partners, but that’s only partially effective. A second way to handle the blog partnership opportunity is to ask your partners to sponsor your blog. You promise then a banner ad on your blog in a highly visible location and one post per week with in-text links to their website to help them promote their service.

By taking sponsors this way you can stay in control of your blog and help out your business partners by having them pay you for their sponsorship, which you then turn and use to pay for your ghostwriting service. But don’t cut your blog out of your real estate marketing plan completely.