Shannon Jones, Long Beach CA Real Estate (The Shannon Jones Team)

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Rainmaker
1,316,492
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

In the begining I used them and got good results.  A $10 ad spend over a week's time would net me 1-3 viable leads, however none became clients.  My focus was on advertising listings and open houses with the intent to sell them to respondents, rather than just fishing for leads.  This was quite some time ago and I stopped once it started getting more heavily used and more of the "gurus" started talking about them.  At that point the costs went way up.  Then they changed how we're allowed to target and implemented other changes that increased their cash-flow but decreased the ad's effectiveness, so I have had no desire to go back.

 

Shorter version:

They were great when few people were doing them.  Now that everyone does them and they're built into the promotional tools that the big box chains offer everyone, they are considerably less effective.

Oct 12, 2020 08:44 PM
Rainmaker
898,355
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

I know people who use them that still get results

Oct 13, 2020 05:42 AM
Rainmaker
760,360
Peter Mohylsky. Beach Expert
PrimeSouth Properties - Santa Rosa Beach, FL
THE BEACH IS OPEN

What results are you expecting?  Are you trying to establish your brand?  Are you using it for lead generation?  I am having a very good time with lead generation and targeted posts.  

Oct 13, 2020 04:53 AM
Rainmaker
709,351
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

FB ads do seem to definitely pack less punch for the price these days.  Still cheap but I think their biggest value is your client seeing their listing ad run and helping to brand your business.  Serious buyers typically don't use Facebook to find their new home.   

Oct 13, 2020 04:50 AM
Rainmaker
643,940
Steve Higgins
RE/MAX Kelowna - Kelowna, BC

I haven't used them so I don't know, but I have heard a fair amount of younger people are getting off facebook or not spending as much time on it anymore. 

Oct 12, 2020 06:43 PM
Rainmaker
3,040,682
Brian England
Vacasa - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I am not sure.  I have not done much with them and it seems they change all of the time.  I try to have all of my advertising be organic.

Oct 13, 2020 05:43 AM
Rainmaker
124,792
Jerry Thomas-Construction Loans
Cranbrook Loans - Farmington Hills, MI
Construction Loans in MI, OH, VA, GA, FL and AL

I do a Google pay per click for my construction loan webpage and it works very well. I've tried Facebook a couple of times with no luck. 

Oct 13, 2020 04:13 AM
Rainmaker
1,939,763
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

We still get leads by boosting our walk thru videos to specific markets

Oct 13, 2020 04:50 AM
Ambassador
2,378,751
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

Have had zero return of income with the ads Shannon, so I make my own ads up and post. Sold a property that way when a friend of a friend knew someone looking!

Oct 12, 2020 05:32 PM
Rainmaker
4,444,537
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I have only done a few, and never had much success, so put my efforts and dollars elsewhere.

Oct 13, 2020 04:51 AM
Rainmaker
831,918
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Facebook ads of the past were very effective. Then two things happed that are pure revenue augmentation by Zucky.

#1. Targeting become to cosmic requiring a bigger spend for lower quailty engagement.
#2. Implementation of 'lists' with messenger.
These do make traditional Zuck ads DOA.
My preference is CPA on Google AND solely owned surragates on Zuckland.
Are you doing something wrong? How would we know?

Oct 13, 2020 04:44 AM
Rainmaker
3,712,014
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Never started but when few were involved results were better 

Oct 13, 2020 04:11 AM
Rainmaker
1,632,192
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

They went to their new system because of discrimination. They do not let us dial down like they used to. It made a big difference to me so I stopped. Some people have found away around it but I have not wanted to pay to learn the 'secret'. 

Like Ryan said, less effective for us & it costs more.

Oct 13, 2020 12:48 PM
Rainmaker
479,123
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

I think a lot depends on your goals with Facebook ads.  Is it to get sellers to see your listings in the hope of obtaining more? Targeted ads to a particular demographic are harder to do now on Facebook, but you can still do some customization. Is your goal for other agents to see your listings? That is pretty easy to do still. Is it to obtain buyers? Perhaps still doable with certain customizations on the ad.

Oct 13, 2020 09:22 AM
Rainmaker
2,570,523
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

The answer may be found elsewhere

Oct 12, 2020 06:33 PM
Ambassador
3,770,051
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

I think we are not able to target like we used to. I see fewer people spending money on marketing right now so, I don't believe it's the competition. I just think we're not able to drill down to our targets like we were once able to.

Oct 15, 2020 07:01 AM
Rainmaker
802,644
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I have never used FB for business. Only for contact with family and friends. A few exceptions for close Realtor and Team friends. I don't want to fill my FB feed with posts by real estate agents.

Oct 13, 2020 02:57 PM
Rainmaker
2,903,277
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Shannon Jones - I never used FB ads - it looks like you have some great comments from people who have.  

Oct 13, 2020 02:48 PM
Rainmaker
798,817
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

I usually scroll by and ignore all agent facebook ads. My feeling is that many people don't take facebook seriously. When i tried them, i didn't receive any serious interest.

Oct 13, 2020 07:24 AM
Rainmaker
3,208,741
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

In teh oast they seem to work better. I think it depends what you want to promote or advertise. 

Oct 13, 2020 05:57 AM
Rainer
3,040
Stucco Inspections & Repairs
Stucco Inspections & Repairs - Johns Creek, GA
Home Inspection from best home inspector company.

When you get right down to it, though, even a great cost-per-conversion doesn't mean a Facebook campaign will be worth the money. In general, if you get more than $4.00 in revenue for every $1.00 you spend on advertising, that's a pretty profitable campaign.

Oct 14, 2020 08:48 PM
Rainmaker
597,841
Tony Lewis
RE/MAX of Valencia (Hall of Fame) 30 year Valencia Resident - Valencia, CA
Summit Real Estate Santa Clarita & OC Laguna Nigel

I have created about seven of them in the past several months and each one has been rejected.  So no

Oct 13, 2020 12:53 PM
Rainmaker
5,007,140
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Shannon,

It depends on the market place you are working in..there is no blanket answer, each market differs.  A

Oct 13, 2020 08:54 AM
Ambassador
4,846,494
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

They can be, its been a while since I have taken the time to put any out there, but when I do, I generally see results.

Oct 13, 2020 08:02 AM
Ambassador
2,973,821
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I get a ton of organic business from FB

Oct 14, 2020 07:40 AM
Rainmaker
620,824
Sharon Kowitz
CRS-SRES-ABR-GRI-E-Pro-CREN Fonville Morisey Cary, NC - Cary, NC
Cary, NC Relocation Specialist ~ Buying or Selling

Hi Shannon,

I have paid for marketing on FB as well as other formats. I do think marketing today is for our sellers as leads do not come back to us with so many capture programs out there. 

 Best of Luck

Oct 19, 2020 03:07 PM
Rainmaker
517,481
Steven Nickens
Wailea Realty - Wailea, HI
R(S)GRI ABR, Maui Real Estate Hawaii

My sales on Facebook were not from paid marketing on Facebook.

Oct 16, 2020 12:30 AM