how can real estate benefit from public relations 1
TRANSCRIPT
How Can Real Estate Benefit From Public Relations
The Real Estate industry has evolved immensely, all with the emergence of the online trend. With
today’scut-throat competition on the internet, it is paramount for real estate businesses to maintain a
strong online presence and build brand reputation. While the different advertising and marketing
strategies are important for a business, Public Relations can give you an added push into the market.
Why Use Public Relations for your Business?
The Power of Media
Public Relations has many benefits for a real estate company among which the most notable is brand
visibility. Public Relations allows you to leverage the media personnel, which includes journalists,
bloggers, influencers and newspaper publications, to spread the word about your business. And this is
not just limited to your company.
Media can help bring attention to your new project or any new idea of your company. If you aren’t able
to inform people about a new apartment or project, you will fail to make sales. That’s how important
coverage and visibility can be for your real estate business.
Media personnel have vast reach and viewership. They are considered as a reliable source of
information. So when you receive third-party validation from any kind of coverage, article or blog, this
increases your credibility in the minds of the audience.
Having said that, it is crucial to develop and maintain cordial relationship with writers, publicists,
journalists and influencers. Havingstrong ties with the mediawill come in handy for regularly promoting
your business and introducing your business to the audience. The key is to offer them certain benefits,
which includes driving traffic to their websites and through advertising revenue. This can be possible
only if you have an established online presence which includes a website and active participation in
social media and other marketing tactics.
Crisis Management
Crises are a part of every business and now even more so as the real estate market is always faced with
complex litigation. Moreover, receiving approval and gaining the public’s acceptance has become a
hurdle these days. Public Relations is crucial in this regard as it acts as a middleman between the
company and the public.
Real Estate Industry is prone to crises and every company must have efficient representatives to address
issues. Public Relations are experts in handling crisis and can help companies in mitigating damages and
to overcome thecrisis.Also, it is crucial for businesses to have a strong crisis communication plan to
tackle problems that might occur in the future.
Build Brand Recognition and Reputation
Like every other marketing strategy, Public Relations strategies must be followed continuously. Through
continuous efforts, businesses can build brand recognition. When the audience sees your company’s
name and positive content mentioned in various media coverage, it has a positive impact on their
minds.
In the end, trust is essential. Through conscious public relations effort, you can build a positive
reputation for your business. Public Relations can also help implement community relations and
corporate social responsibility. This can help in building a strong brand foundation, which in the long
run, is highly fruitful.
Reap the benefits of PR by including it in your marketing strategy. So, hire a Public relations agency now
and enhance your real estate brand through public relations.
Submitted by:
White Water Public Relations, Prem A. Ramachandran Founder & Chief Storyteller, 303, Business Venue Building Oud Metha Road, PO Box 18936 | Dubai, UAE Phone:+971 4 3963699 Mobile:+971 50 4537253 email:[email protected] http://www.whitewaterpr.com/