How much do you spend...

[GoGlobe]

I'm interested in getting a general idea of how much time and money real estate professionals are spending on their online presence. A few quick questions for you:

1. How much did it cost you to develop your website?
2. How much does it cost you to maintain and market your website each month?
3. How much time do you spend marketing your website and services online each month?

Details are also appreciated. Many thanks.

[Codythebest]

1) $0 - I do it myself
2) $0 - I do it myself
3) about 30 minutes every weeks

Hope this help...

[wchua24]

1) $0 - I do it myself
2) $0 - I do it myself
3) about 30 minutes every weeks

Hope this help...

wow, this is cheap.. lol ,you probably are a expert on this.could you share your ideas and stuff. . . does your idea effective?

[zoltan]

1) I do it myself, but my time is money... so I guess $7 - 9k depending on how I value my own time... :)
2) Between $500 - $5,000.
3) Between 5 - 20 hours / month (online only).

Am I spending too much?

[GoGlobe]

1) I do it myself, but my time is money... so I guess $7 - 9k depending on how I value my own time... :)
2) Between $500 - $5,000.
3) Between 5 - 20 hours / month (online only).

Am I spending too much?

Good call on the 'time is money' thing! To answer your question, I would say that if you're getting a lot of business then you're doing a good job and your time is well spent. But if you're not happy with the business you're getting from your $7,500 - $14,000, then there are many alternatives out there...buy a template site, start a blog and link to your MLS listings, join a community, and many more.

Bottom line is Do What Works while spending the least amount of time and money! By the way, how many leads do you normally get from your site?

[zoltan]

Mondinion.com is still a quite new website, but we are already averaging 4-500+ uniques every day. As I am not an agent, I do not quite count the leads, Mondinion.com is a place where agents, realtors and property owners can meet worldwide investors and buyers, so far the response rate is acceptable, but I am constantly working on getting more and more leads for posters.

[dee_el07]

Well, our advertising on our site c21summit-dot-com spend like 15 hours a month.. ;)