3 Important Elements of a Successful Real Estate Website

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There are millions of active websites in the world today. If you want your real estate business to flourish online, you need to make it both comprehensive and userfriendly. If you're going to beef up your website and improve its organic rankings online, you want to include the right content and features. With this, continue reading and discover a few important elements of a successful real estate website.

Informative resources

The best real estate websites are multidimensional. In addition to information about your business, you should look to include a variety of educational resources to provide value to your website visitors. This is an excellent opportunity to demonstrate your expertise within the local communities that you service. For example, you can create video content for your website about a particular neighborhood and what it has to offer.

Blog page

Blogging is one of the best ways to drive organic traffic to your website. An informative blog page that provides valuable information to potential clients will rank better than a site that only has information about the business itself. You can blog about a wide range of topics such as home buying tips, information on neighborhoods, and market updates.

Useful tools

There is a variety of tools available today that a real estate business can include on their website that can provide value to its visitors. For example, a mortgage calculator can be a great addition, so homebuyers can quickly calculate what their mortgage payments would be on a home they come across on your website.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.