Social media works for agents, claims new survey

Social media works for agents, claims new survey


Todays other news
The survey was conducted by comms company Moneypenny...
Childhood friends who moved from Lithuania to London have been...
The office has been architecturally designed to reflect both the...
Alto has launched Alto IQ, an AI analyst built directly...
The service is free to subscribers...
High Court Enforcement - agents urged to give their views

A new survey claims social media ads are not just working but outperforming expectations for UK lettings and estate agents.

Drawing from £449,794 in ad spend across 186 property campaigns, the data shows that Facebook and Instagram remain critical tools for agents looking to drive leads, boost visibility, and win more instructions.

The data shows that the average click-through rate (CTR) for property ads is 7.4%, with top-performing campaigns achieving up to 12.12% among the 55–64 age group – a demographic often motivated by downsizing or retirement. Notably, female audiences outperform males, with CTRs of 11.39% vs 8.99%, indicating that targeted messaging  that speaks to this audience can drive stronger results.

In terms of cost efficiency, the average cost per click (CPC) is just £0.06 on Facebook. 

Mark Hinkins, commercial director at Rex Software, says: “Digital advertising is now essential to any estate agency’s marketing mix. The data proves that with the right strategy, social media advertising can be a cost-effective and consistent lead generator for estate agents. Understanding how your campaigns stack up against industry averages gives you a sharper edge when planning your ad spend.”

And Steph Rady, head of social at The ValPal Network, adds: “Social media advertising continues to prove itself as one of the most cost-effective ways for agents to generate high-quality leads.

“At The ValPal Network, we’ve seen first-hand how platforms like Facebook can deliver tangible results – vendor, landlord and buyer leads at a fraction of the cost of more traditional channels. The precision targeting available means agents can reach the right audiences quickly and efficiently, making social a vital part of any modern marketing strategy.

“In fact, our own data shows that one in five Facebook vendor leads go on to instruct an agent, which speaks volumes about the quality and intent of these prospects.”

Tags: Marketing

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
New Rightmove campaign - see tomorrow’s TV ad here...
The awards were presented at a ceremony in London...
The new look “draws on decades of affection and enthusiasm...
New product offers agents six weeks cover across all tenancies
It's called “the new Guild Lettings+ proposition”...
LRG - the former Leaders Romans Group - is issuing...
The sheet must be given to tenants by May 31...
And on top of those three, there are further reforms...
Recommended for you
Latest Features
The survey was conducted by comms company Moneypenny...
Childhood friends who moved from Lithuania to London have been...
The office has been architecturally designed to reflect both the...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.