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How to Promote Other Agents’ Listings on Facebook Marketplace (Lead Generation Only)

Some of our agents generate buyer leads by posting homes on Facebook Marketplace. This is not to represent the seller—it’s only to attract buyers and then refer those leads to an agent. This is a great free way to generate leads online. The leads will contact you directly about the listing, it's your job to warm these leads and refer them out to the listing agent or a buyers agent. 

Step 1: Get Permission from the Listing Agent

You must have written permission before posting any listing.

  • Find a property in the state you are licensed in

  • Contact the listing agent directly (phone or email)

  • Let them know you are a licensed referral agent with Park Place Realty Network

  • Ask if you can share their listing on Facebook Marketplace to help attract buyers

If they agree, email them to confirm permission in writing.

Tip: Put the full property address in the email subject line and save their reply. Keep this email on file for at least 2 years.

Here is a sample email you can send them:

Hi "Realtor",

 

It was good talking to you on the phone today. Per our conversation, I will list the property in the subject line on Facebook messenger and I will list your brokerage name in the listing and will also have my name and company name “Park Place Realty Network” in there as well since I am an active licensed real estate agent. I will download and use some of your current photos that you have online and might also use your current description of the property or I may update it a little. Please reply back to this email that you are ok with these terms. Let me know if you have any questions or concerns.

Step 2: Create the Facebook Marketplace Listing

Once you have permission:

  • Download the property photos from Realtor.com
    (25 photos is ideal), or get the photos directly from the listing agent. 

  • Copy the property description

  • Post the listing on Facebook Marketplace using your personal Facebook account
    (Marketplace does not allow business pages)

Make sure the listing clearly says “For Sale” to avoid renter inquiries.

In the description:

  • Include the listing brokerage name

  • Include your name and Park Place Realty Network

  • Make it clear this is not your listing

Step 3: Decide What to Do with the Leads

Leads from Marketplace are considered online leads. They will be commenting on the facebook listing, you can always turn off the commenting so that they can only message you directly with any questions. Ask them if they are currenlty working with a buyers agent. If they say no, see if they are ok with an agent reaching out to them to give them more information on this listing or other listings in the area. If they say yes, you can then refer this lead out. You would just need their full name, phone, email and the details on what they are wanting to buy. 

 

You can then:

  • Send the leads to the listing agent directly, or

  • Refer them to a buyer’s agent that you have found to work these leads locally.

  • Either option, you would want to make sure the agent is ok with our referral fee which is 30% and 25% for sales below 200k. 

Before sending leads to your agent of choice, make sure you have a signed referral agreement in place. These leads would fall under as an online lead. You can get all the details on how to refer out online leads here, the password is the same as the marketing guide password. 

Important Notes

  • You must be licensed in the state where the property is located

  • You are not representing the seller

  • You are only generating leads and referring them out

  • Always keep written permission on file

This is a simple, effective way to generate buyer leads while staying compliant. Let us know if you have any questions or concerns on this program. 

Get leads through purchasing Facebook ads

Facebook currently has over 3 billion users with over 1.5 billion logging in every single day. Marketing to your fan base is a great and free way to market to your referral business which you can read all about here. But, what about the other 3 billion people who use Facebook that you don't know? The way you can market to others is buy purchasing Facebook ads. The average costs for us when we market on Facebook is about .40-.80 cents per 1,000 views. The cost can vary depending on how big of an audience you are sending to. The bigger the audience, the cheaper. Before paying for Facebook ads, make sure you do your homework on how to market ads on Facebook. Here is a great source you can use. Also, google Facebook ads and see what pulls up as there is a lot of free information out there explaining how to market yourself using Facebook paid ads. Below are some steps to take and we also provide you some free Facebook marketing material. 

Getting Started

When beginning to market on Facebook using their paid ads, make sure you do your research on how to market on Facebook as we mentioned above. But, you need to first figure out who you are going to market your Facebook ad to. Your best bet is to market your ad to first time home buyers as most first time home buyers do not have a real estate agent and do not know where to begin. Our program is the perfect solution for them as we can set them up with a top agent who can help them with the real estate process. You can find out the specifics of a first time home buyer here. Once you know who you want to market your Facebook ad to, you would then need to set this up on your Facebook ad. Below is an example of setting up the ad. We picked to market to 30-40 year old's who are engaged in the sate of FL in which 93,000 people pulled up. You can get much more detailed than this from the actual industry they work in to hobbies that they might have an interest in. Figure out which market you would want to advertise your website to so you can get the best return. Marketing on Facebook takes time, collect the data and see what works best for you.

Faecbook ad set for Park Place Realty Network

Picking the right ad

Once you have learned online how to market yourself on Facebook, you now need to come up with the right ad. Below are a few ads that were built by our graphic designer. These ads have worked for us and other Park Place Agents. Feel free to copy these ads and use them for yourself. 

FB image for agents 10
FB image for agents 9
FB image for agents 6
FB image for agents 8
FB image for agents 7

Learn more about Facebook marketing here.

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