This is a reblog to a press release released on Press Release Point on Wednesday.
With both long and short term mortgage interest rates remaining at near historical lows, BanCorp Properties announced on Wednesday that it was stepping up marketing efforts in the Monarch Beach community of Dana Point, California. The company believes that a combined marketing efforts that targets both social media and improved page rankings might be a winning combination.
The Monarch Beach Dana Point real estate market is recognized for its high-end properties in the Orange County luxury real estate market. With interest rates teetering at historical lows it increases borrowers buying power, allowing more people to enter the market that normally would not be allowed to ender. With a steady supply of new homes for sale in Monarch Beach Dana Point reaching the Orange County MLS, it makes the properties an extremely attractive option for people interested in living in a beachside community. BanCorp Properties believes that the Monarch Beach housing market is a strategic one, and the company simply cannot ignore as it continues its expansion across Orange County. It is widely expected that The Federal Reserve will not adjust interest rates during the first 2 quarters of 2015, which means there is ample time to launch a marketing campaign and see positive results.
BanCorp Properties already has a presence in the Dana Point housing market, so a push into the Monarch Beach community would not be a move into unchartered territory. The company believes that if it steps up its efforts in targeted social media in conjunction with an aggressive internet marketing campaign, they would likely see a significant increase in its inventory of homes for sale in Monarch Beach, California. With focused postings on main hubs such as Twitter, Google+ and Facebook, the company believes that it can zero in on the Monarch Beach Realtor, highlighting the homes it is marketing and creating more exposure across the board. The company believes in doing this, it would likely increase brand awareness, pick up market share, and likely add to its base of Monarch Beach Dana Point Real Estate Agents.
The Monarch Beach California real estate market has always been one of the most highly-contested and most competitive in all of Orange County. It is aggressively marketed to by both the large national real estate companies as well as the medium sized regional companies. Because the market is so competitive, BanCorp believes it needs to be more creative, and the company believes it can accomplish by using the self-replicating social media sites which can often go viral. If this occurs, the company believes it would be able to secure more representations as buyer’s agents as well as pick up more listings, which can be a back-bone for a company. The company believes that by diverting resources away from the traditional advertising sources such as print media and radio advertising and then allocating more resources toward social media it would undoubtedly land additional market share in the Monarch Beach housing market.
About BanCorp Realty: BanCorp is full service South Orange County Real Estate Broker specializing in coastal real estate. The company works solely in the residential market, working with single-family-residences, condominiums, townhomes, rental properties and investment properties. BanCorp Properties has been serving 16 South Orange County communities since 1995 and plays an active role in each community it serves in.