Real Estate - Condo Conversions Condo Developers Seeing Online Sales Skyrocket

The importance of online marketing for new real estate sales. (www.newcondosonline.com)

San Diego, CA (PRWEB) July 25, 2006 -- Online marketing used to be a new kind of lead that developers would experiment with. That time has come and gone. Online Marketing for real estate is now the most crucial aspect to any successful marketing campaign. This was apparent at the Information Management Network West Coast condo conversion conference. Brandon Fishman, CEO of www.newcondosonline.com spoke on a marketing panel at the event.

“www.newcondosonline.com has become the largest and most visited new condo advertising company in the country in 18 months,” said Fishman. “With construction costs rising and the real estate marketing slowing a bit, developers need to be careful with how they spend their money. Online marketing has drastically reduced marketing budgets and the need for $50,000 newspaper ads. Many of our clients are seeing over 90% of their sales coming from an internet lead for their property.”

Other panelists seemed to all agree with Fishman that real estate online marketing is where developers should concentrate their budgets. Fishman went on to speak about the importance of an experienced sales team for each new condo property. www.newcondosonline.com sends direct leads with important buyer information to developer’s sales teams. “It is essential that a trained and experienced sales professional handle all Internet sales leads. These buyer’s are interested enough in the property to enter in all their personal information and they expect to deal with experienced professionals. Studies have shown that experienced sales staffs have closing rates twice as high as new sales people.”

All the panelists agreed that online marketing campaigns along with experienced sales teams is the recipe for success in any marketing campaign. Brandon Fishman will also be attending the IMN Condo Conference in Las Vegas, Nevada on November 30, 2006.

About www.newcondosonline.com:
NewCondosOnline.com was founded by New Condos Online, Inc. to provide condo, town home, and loft developers with a user-friendly forum in which to advertise their new, pre-construction, and conversion projects. In turn, New Condos Online provides the home buyer with a national one-stop resource to find and compare new properties. As an advertising tool, New Condos Online also provides real estate marketing firms with a valuable method of promoting the projects of the builders they represent.

We handle advertising for condo, town home, and loft developers, real estate marketing firms, media companies, advertising firms, and real estate agencies across the country. Condos have increased in popularity over the last ten years and are expected to play an increasingly important role in the housing market. With thousands of condominium projects planned for the next few years, New Condos Online realized the need to create a marketplace where home buyers and investors can learn about pre-construction and new condominium opportunities.

Condo, town home, and loft developers are constantly looking for new ways to market their properties. More developers are taking sales and marketing to the web but still have trouble bringing potential buyers to the websites. Consumers need a single access point where they can find the condo of their dreams whether it is a primary residence, second home, or investment property. New Condos Online provides greater exposure for the new and pre-construction projects of condominium developers, real estate marketing firms, and real estate agencies with our simple process. We feel strongly about providing the consumer with the best possible user experience. Please feel free to contact us at any time.

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