The real estate industry has always been competitive and complex. All those who are working in the industry need to be smart with their resources and what they do with them to maximize room for income and engagement. One of the recent practices that have helped many in the industry experience a steady means to grow money is affiliate marketing.
Affiliate marketing is another form of digital marketing. It is an advertising model where a company compensates third-party publishers in exchange for traffic or leads to the company’s products or services. The publishers are the ones called affiliates in this case, and the commission they receive often varies.
In real estate, you can partner with various companies in the field which includes schools, tech companies, and even listing agencies as well. It’s a good way to generate a stream of income for your website, and it can also be a means to broaden your reach with new people as well.
There are many factors that will affect the success of an affiliate program. Aside from the way the links are presented, what also matters is the affiliate program that you choose. There are various benefits to each affiliate program available, and here are some of the best ones we’ve found so far.
Showcase IDX
At its current stage, Showcase IDX is the leading WordPress IDX plugin for real estate. Agents that use Showcase IDX report getting over 80% more traffic on their website, and this alone should be enough reason to let you know how effective the platform is for affiliate programs.
The platform has created an affiliate program that makes it easy for you to grow your money. Basically, you can increase your income through two earning levels. You’ll also be able to get a commission for the first 12 months after each referral becomes an active Showcase IDX customer.
Foreclosure
When it comes to distressed property providers, you shouldn’t look elsewhere than Foreclosure. It is the go-to place for potential home buyers and investors. Of course, since we’re talking about affiliate programs, it’s worth diving into what you can get from Foreclosure.
The platform currently has one of the highest conversion rates in the industry. The commission is paid out on a monthly basis through PayPal, with the minimum payout being $100. As its system is very streamlined, you’re literally watching your money grow with Foreclosure.
Real Estate Express
When it comes to experience and reputation, you should have nothing to worry about when it comes to Real Estate Express. The company has been around since 1996, and it has served as one of the pioneers when it comes to real estate education. Partnering with them will help you extend your reach massively.
What’s good about being an affiliate partner with Real Estate Express is that it allows you to tap into the professional and casual market for real estate. It’s always good to have your business reach out to more than one outlet of the market if you are looking for definite success.
In terms of the commission, Real Estate Express will give you a check if your website is able to generate sales. You can easily track those sales and earnings through the company’s partner portal.
What To Look For In Affiliate Programs
The first thing you should consider when it comes to real estate affiliate programs is the reach of the platform you want to partner with. It should be popular, active, and most importantly, it should have consistent engagements regularly. This helps ensure that you are always going to get something out of the partnership.
Also, don’t just look into the commission they give you. It also matters that the affiliate partner offers good deals and more than one way to generate income. Always read through your contract with them first and familiarize yourself with what they promise your business.
Always remember that a good affiliate program is one where both parties benefit from one another. Don’t fall for affiliate programs that sound too good to be true because there’s a good chance that it isn’t what it seems. With so many platforms to choose from, it can be quite easy to pick one that benefits you most.
Affiliate marketing is a good way to generate extra income on the side. Don’t be afraid to explore this type of program in the field of real estate, as there could be serious money to be had from it. With the right program, you can earn enough to improve your business in no time.