Real Estate Website Scams
by: Bob Schwartz
Many still say the Internet is like the Wild West.
When it comes to the proliferation of scams, this is
certainly true! As webmaster for over two dozen legal,
real estate, and other business oriented websites, we
receive a lot of email and phone solicitations. Often
our clients ask our opinion on an Internet service or
software product. We have researched and found the
majority of offers directed toward real estate firms are
what I call the half-truth variety.
It is interesting that these offers directed at small
to mid-size firms are like live Internet viruses, they
seem to mutate over time. The core remains, but, the
exterior packaging (a.k.a. sales pitch) appears totally
different.
One of the most enduring of such Internet scams is
the offer to list your real estate site in an Internet
real estate directory at what appears to be a huge
savings over a legitimate real estate directory. The
perpetrators of such scams provide impressive ‘traffic’
figures, and in many cases, even show that their
directory is listed on the first page of a major
directory.
Looking at one scam in detail revealed the following
facts:
A. Traffic figures can be manipulated. For about $50,
anyone can purchase ‘traffic’ directed to any site. The
way this ‘traffic’ is generated is the problem. The
majority is machine generated overseas, or funneled
through MLM /porn/music sites. In either case, your site
will register visits but no business will ever be
generated.
B. For placements on the first page of major search
engines, there are two highly used methods. The first
method, usually just makes the statement that the site
has page one placement. Ask further and it is usually
the name of the directory that has page one placement.
The directory name might be
www.real-estate-intercontinental-directory1.com and
a search for real estate international directory1 could
appear on page one of many search engines. However, how
many potential real estate clients in Houston, Texas,
will be likely to type in this exact directory name into
their search engine? What they may use will be phrases
like: Houston real estate, Houston TX MLS, Houston Texas
agents, etc.
The other method used is bidding on popular real
estate phrases on the major pay-for-click search engine
programs. The problem here is that these ‘sponsored’ ads
have to be differentiated from the real or ‘organic’
results. Once spending limits on the bids are reached,
or the bidding program is terminated, the standing
vanishes. After all, these standings were only achieved
by cash payment, not a properly designed and optimized
real estate website. Another factor to consider here is
that current webmaster opinions suggest 50 to 70% of
searchers skip over such ‘sponsored’ listings in favor
of the ‘organic’ listings.
Almost any high school student can create a ‘real
estate directory’ with an impressive sounding name like
www.professional-real-estate-advice-directory1.com, but
do you really want to be listed there? Believe it or
not, many naive agents have taken the bait. I asked one
such agent what results he had achieved during almost a
year with the listing. The reply was NO BUSINESS, and he
believed they never received any phone calls. I then
asked why he chose to advertise with this firm. The
reply was because they only charged $49 for a full page
ad for one year.
A far better investment for a real estate website
would be a top website submission program such as the
one at:
http://www.websitetrafficbuilders.com/url-placement-search-engines.htm
The old adage of “You get what you pay for” really
applies here. Be careful out there, very careful!
Copyright 2005 Promotions Unlimited – All rights
reserved.
|