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What a Move to Small Town America Taught Me About the Marketing Potential of Small Volume Builders

October 1, 2024
By Jim Sorgatz

a caboose in snow hosing the Railway Cafe
Railway Cafe. One of the first places you see when you enter downtown Blaine.

When my spouse and I decided to leave the hustle and bustle of Phoenix, Arizona and head to the Pacific Northwest, we were pretty clueless about where exactly we wanted to settle down. It was a couple of our long-time friends who suggested we check out Bellingham, WA, a city of around 100,000 people that I knew absolutely nothing about. This city, tucked away in the northwestern corner of Washington State, is primarily known for its vibrant brewery scene and its closeness to Vancouver, BC. I found the idea intriguing, especially since our friends had also moved here from a big city and were loving every moment of it. My main concern was whether I’d miss the conveniences I’d gotten used to during my 45 years in a bustling metropolis.

Soon enough, I realized that Bellingham has a surprising cosmopolitan flair for a city of its size. This is partly due to its proximity to Canada and the presence of Western Washington University, both of which add a certain liveliness to the place. Bellingham has quite a lot going for it, including a multiplex movie theater, Costco, Target, Trader Joe’s, Whole Foods, Home Depot, Lowe’s, Macy’s, Dick’s Sporting Goods, a decent dining scene, and an impressive farmers market. This makes it feel much bigger than many cities of similar size. The only thing missing from Phoenix is Sprouts! The stunning ocean views and the abundance of nature sealed the deal. Or so I thought!

two small dogs, one tan and one white in front of a Canadian obelisk sign
My pups walking across the US/Canadian border in Peace Arch State Park.

As fate would have it, we ultimately fell head over heels for Blaine, a cozy town of just 6,000 people located a mere 18 miles further north, right on the Canadian border; and that is where we settled. Was it a culture shock? Absolutely, but when you’re used to driving in Phoenix, a 20-minute commute to the “big city” is a walk in the park. We chose this area because of its breathtaking surroundings and a home in a neighborhood that stole our hearts. Blaine is nestled around Drayton Harbor and is adjacent to Birch Bay, both of which are absolutely unique. Every time I make the drive between the two, I can’t help but appreciate how fortunate we are to live in this picturesque seaside community.

a loaf of chive dill pickle sourdough bread
Anna’s Sourdough Bread which comes in some interesting flavors!

Despite not having all the amenities of a big city, Blaine has its own charm that makes it an amazing place to live. We’ve got L & L Bakery with some of the most scrumptious cakes and macaroons you’ll ever taste, Anna’s Bread that comes in the most unusual flavors (Dill Pickle or Taco Tuesday anyone?), and The Vault Wine Bar with a wine list that rivals most big-city fine-dining establishments. There’s even a trendy speakeasy that recently opened in the lower level of the 1890 Taphouse. The Semiahmoo Resort is located on a picturesque spit reaching out into the bay. And then there’s the Railway Cafe, housed inside a caboose, which is one of the cutest and most meticulously designed spots I’ve ever seen. Adding to Blaine’s uniqueness is Peace Arch State Park, the only park in the country where you can stroll freely between two countries, Canada and the USA. And remember, we’re just a short 20-minute drive away from all those big-city conveniences in Bellingham, and 30 minutes to Vancouver B.C.

a walkway of paves in front of boats in a harbor
Blaine Harbor.

Now, you might be wondering, what does all of this have to do with home building? Well, the lesson here is that you can be a small builder and still pack a punch. For starters, smaller builders often have more control over the quality of their homes. The biggest challenge I see for both small and some larger builders is in the online sales and marketing department. It mainly boils down to a lack of staff and the misconception that having a comprehensive digital marketing strategy is prohibitively expensive. This is where it really pays to seek help from the experts.

Did you know that for as little as $2,700, plus subscription fees, you can have a top-notch digital marketing firm like Blue Tangerine design and manage a professional, high-performing website for you? It’s a website that seamlessly integrates Search Engine Optimization (SEO) tools and comes with ongoing support. Since your website is frequently the first point of contact for potential buyers, investing in one that’s done right and generates leads is crucial. As Greg Bray, President of Blue Tangerine, puts it, “A website visitor’s first goal is to eliminate you! A cluttered website with too much information and a lack of focus can easily turn them away.” Never underestimate the power of your website when it comes to selling new homes.

bar with a rack of bottles wall in front of a wall of windows
Packers Bar at the Semiahmoo Resort.

While you’re upgrading your website, don’t forget to incorporate digital marketing tools like interactive floor plans, site maps, 3D photorealistic renderings, virtual tours, and visualizers. These are engagement tools that bigger builders already have on their websites. The good news is that these assets don’t have to break the bank. Interactive floor plans from Outhouse, LLC, the most robust in the industry, start at just $285 per plan. Virtual tours of pre-built homes kick off at $2,800. Compare that to the cost of constructing a physical model, and virtual tours and visualizers become a no-brainer.

In today’s digital age, with homebuyers doing most of their research online, another tool that larger builders use is AI chatbots, such as those provided by AtasRTX, or human-powered live chat services from providers like CommVersion. You don’t necessarily need to hire additional sales personnel to answer homebuyer questions around the clock. As more and more buyers turn to the internet to purchase homes, having an exceptional Online Sales Counselor (OSC) is crucial. To ensure success, you might want to consider training from a consultant like Blue Gypsy, Inc., or outsourcing the role of OSC entirely to a provider like Shared Drive.

old stone bridge over a stream
Whatcom Falls Bridge in Bellingham.

The bottom line is this: being a smaller builder with a limited budget doesn’t mean you have to settle for an inferior online marketing program. If you prioritize digital marketing and invest a bit upfront, you’ll likely recoup the costs with the sale of just one or two homes. With the rapid advancements in artificial intelligence, it’s essential to bring your website and online marketing tools into the digital age if you want to thrive in the world of new home sales.

horse pulling carriage down street in a small town
Carriage rides at Blain’s downtown holiday celebration.

Unlocking Success in the Competitive Home Sales Market: How Interactive Tools and Incentives Make New Builds a Smart Choice

October 1, 2024
By Tabitha Warren

Architect checking house floor plan for new build on tablet device
Architect checking new build floor plan on tablet courtesy of Envato Elements

For the past few years, potential homeowners have been facing a challenging scenario – soaring mortgage rates that threaten to make their dream of owning a home harder and harder to reach. The low supply of existing inventory due to families not moving from their low-interest-rate homes is making the situation even worse. The financial waves of the housing market have left many potential buyers contemplating their options.  Is it still feasible to dive into the deep waters of mortgage loans when the rates are riding too high? Or should they seek the calmer shores and consider a different route altogether?

In this blog, we’ll explore why the alternative path that more and more prospective homeowners are setting their sights on, purchasing a new build home, might be a better option. We’ll also talk about some of the most alluring incentives that home builders can leverage to take advantage of this market. Finally, we’ll talk about the need for home builders to have an effective website with engaging digital tools to set themselves apart from their competitors.

New builds come with some advantages to existing properties. Among these advantages might be the ability to customize the home, energy efficiency, warranty coverage for the initial year of ownership, and lower immediate maintenance costs. Builders that can market these advantages as cost saving advantages might just win prospective buyers from the resale market.  What home buyer doesn’t want to save on every aspect possible of homeownership?

So, what home builder incentives are the most attractive to new home buyers? As mortgage loan interest rates soar, there are two stand out incentives.  First, closing cost assistance can reduce the financial burden of a new home buyer at the time of closing.  This makes homeownership much more attainable to buyers at these heightened rates. The second is interest rate buydowns! Some builders are offering to buy down the buyers’ mortgage rate to get the prospective buyer to a more manageable monthly mortgage payment. From this writer’s logic, this frees the buyer to only need finances for one of the two things themselves. They either need enough money for a down payment or an interest rate buy down if they want a nice low payment for the term of their dream home.

Housing market affordability is so strained that this Fortune 500 homebuilder is offering a fixed 4.25% mortgage rate in some communities

Check out this article from Forbes!

Builders have a myriad of other incentives aside from these two.  They can offer base price discounts on specific homes. This usually happens with the first few homes in a new development.  They can offer free or discounted upgrades, customizations, or appliance packages.  They can also offer to pay HOA fees for the first year. These are just a few of the incentives available that can make new construction more financially attractive than purchasing an existing home.

Never Underestimate the Value of a Good First Impression.”

You’re with me this far. You’re a builder. You offer some of these incentives, but you want to know how to set yourself apart from other builders when marketing to potential homebuyers. Interactive tools may be key in the real estate market.  These tools offer a more engaging and informative experience to potential buyers, making it easier for them to visualize themselves in a potential new home. It can also make sure they clearly understand what the properties have to offer. 

Don’t believe us?  Here’s some statistical proof provided by the Content Marketing Institute:

  • 88% of marketers say interactive content differentiates them from competitors giving them a significant advantage in a crowded market.
  • 93% of marketers agree that interactive content is effective in educating buyers as compared to 70% for static content.
  • Interactive content attracts 2x the engagement of similar static content.

Those numbers are hard to refute, and they are just some highlights. If you want more information, head over to the Content Marketing Institute’s website to read more of their studies.

Some of the best interactive tools come in a few different categories: visualization, personalization, and lead generation, to name a few. When it comes to visualization, the most useful tools for new home buyers tend to be interactive floor plans, virtual tours, and real-time online booking and scheduling. Interactive floor plans (IFPS) allow buyers to customize layouts and explore different design options. Buyers can visualize a space and personalize it to their needs.  This can be a powerful selling point for new construction homes where there are often many customization options.

Interactive Floor Plans Top New Buyers’ Useful Tools Lists

Virtual tours or 3D tours allow a homeowner to experience a home, whether it is real or 3D rendered, from the comfort of their own home.  Builders can showcase the home in detail. This is incredibly important in times when physical access may be limited or just plain inconvenient.

Further, websites can integrate features that allow buyers to schedule appointments, book showings, or attend virtual open houses. This is a convenience for both the buyer and the home builder!

Once the potential buyer is interested in a builder, the best interactive tools need to be personalized; this can be achieved with real-time updates on available homes, pricing, and promotions. After all, everything else on the builder’s site hooked this potential home buyer; the builder will want to keep them interested! A great addition after purchase might be online sales tools. Many websites allow buyers to complete the purchase process online, including signing contracts and making payments.

Finally, lead generation might be the final piece of the interactive tool puzzle. Home builders can use website analytics to gain insights into user behavior. A data-driven approach can help them refine their marketing strategies and help them understand what features are most appealing to buyers. They might use this information to improve their sales tactics. Moreover, valuable data about user engagement and preferences can be provided to builders from their interactive tools. When potential buyers engage with these tools, builders can collect information and follow up with targeted marketing and sales efforts specific to individual buyers.  

Modern websites can capture leads and integrate with customer relationship management (CRM) systems. Sales teams can use this information to effectively nurture leads and follow-up. The best way to turn a potential buyer into a homeowner is with timely and personalized information. Search Engine Optimization (SEO) and social media integration might be the bow on the package. A well-optimized website can rank higher in search and make it easier for potential buyers to find and explore a builder’s properties.  SEO strategies can drive organic traffic to the builder’s site.  With the addition of well-thought-out social media integrations, builders can leverage social networks for marketing and referrals.

To sum it up, modern website assets empower homebuilders to provide a superior online experience, engage potential buyers effectively, and leverage data to optimize their sales strategies.  By staying up-to-date with the latest web technologies and user experience trends, homebuilders can gain a competitive edge in this competitive home sales market. There is definitely room for new home sales to outpace resale with the proper online strategies!

If all of this sounds a little mind blowing to you, a great place to learn about all of these digital tools, and the corresponding analytics would be from the experts at The Home Builders Digital Marketing Summit, and some of the amazing companies sponsoring and hosting the event.

http://buildermarketingsummit.com

Tabitha Warren was an Income Tax Accountant for 15+ years.  In the first months of the pandemic, she took a chance and re-careered to freelance in Marketing.  She currently, and very happily, works with video and photo editing, social media marketing, and now blog writing.

3 Tips to Keep Marketing Momentum in a Slowing Economy

October 1, 2024
By Blue Tangerine

The economy is slowing down which makes it especially important that your marketing is up to speed.  Competition is stiffer than ever and buyers are being more cautious, so how do you ensure your marketing continues to work for you? Here are three tips that will help you keep marketing momentum so you don’t fall behind:

1.  Seek Out In-Person Learning Opportunities

Marketing tactics and technology continue to evolve and change, even when the economy is slowing down.  To keep your brand strong and relevant, you must continue to learn and innovate. In-person learning keeps you up to date on the latest trends and introduces you to new ways to market and make connections with your audience.  

Learn from industry peers and experts to keep your marketing fresh and up to date. Some of the best ideas are born out of conversation and collaboration and in-person learning provides the best opportunity for this type of growth.  Summits and conferences offer not only expert advice and instruction but networking opportunities that encourage conversations that help you put the learned information to practical use. 

The Home Builder Digital Marketing Summit is a unique opportunity to learn and grow in an atmosphere you won’t find at larger, mass-marketed summits. With engaging, hands-on learning, small group discussions, and networking opportunities, our summit will give you the edge you need to keep your website and digital marketing ahead of the competition.

Some of the topics and speakers you will see at the Summit:

  • Meeting Your Customers Where They Are – A Fireside Chat with Stephanie McCarty of Taylor Morrison Homes
  • Using Digital Tools to Create Emotional Connections with Dana Spencer of K. Hovnanian Homes
  • Buyers Navigating Change for Success with Kristi Allen of WoodCastle Homes
  • 5 Secrets for Achieving Over 40% of Sales from Referrals with Bob Mirman, Eliant
  • Builder Panel: Preparing for an Uncertain Future with Kim Ross of Christopher Alan Homes, Sharon Baker of Camelot Homes and Susan Paul of Costa Verde Homes
  • Discover Hidden Gems in Local SEO Optimization
  • An Insider’s Look at How to Use Social Media Influencers to Create Buzz
  • 5 Analytics Tools to Improve Your Website: Hands-On Learning

Take a minute to look through the full schedule and speaker lineup and see what we have in store, then get registered so you don’t miss out on this great in-person learning opportunity.  You can register now using the code outhousefan for a $100 discount.  This means you get your registration, including summit meals and a networking happy hour, all for the low price of $495.  This is a small investment for a big return on your marketing efforts.

Grab your seat today and save $100! Register with code outhousefan

REGISTER NOW

2.  Dial Up Your Marketing

When budgets are tight it can be tempting to put marketing on the chopping block. Failing to ramp up your marketing efforts during an economic slowdown can be a costly mistake for the long-term health of your business. Maintaining brand recognition and providing information and visuals about your homes is vital. There are still buyers who want to buy now, an actively marketing builder will attract their attention and their business. Cautious buyers are using this time to plan. They continue to look for homes and research builders, continued marketing efforts is important to remain relevant and stay on their radar.

Increase your digital visibility. Effective SEO, robust audience lists and active social media engagement take time, you can’t flip a switch and expect immediate results. Expending effort to grow these aspects of your marketing is the only way to remain visible to your audience now and in the future.  

Become a trusted resource. Look for ways to create content that resonates with potential buyers’ current concerns. Enhance your website with images, floorplans, and visual tours of the homes you build. Collect customer and partner testimonials to share on your website. Reliable, educational content makes you a trusted resource and builds relationships.

Dig deep into your analytics.  Knowing where your audience is coming from, how they find you, and what they are looking for will help to refine targets and get the most out of your marketing spend.

3.  Listen to Podcasts

PODCAST: DIGITAL MARKETING IS WORTH THE MONEY – JULIA MALLOZZI

Listen to this episode as guest Julia Mallozzi of Bill Clark Homes and Legacy Homes has a discussion about why digital marketing is worth the money you put into it.

LISTEN NOW

Podcasts are a great way to hear from a variety of experts and peers, providing a broader perspective and new ideas.  By providing a break from the large amount of visual media we are exposed to each day, it is easier to focus when listening to podcasts and we absorb more information.  Easily accessible, they provide an opportunity to engage in learning at no cost, even if you only have half an hour to spare.

The Home Builder Digital Marketing Podcast is rapidly becoming one of the most trusted resources for home builder marketers. Hosted by Greg Bray of Blue Tangerine and Kevin Weitzel of Outhouse, this weekly podcast covers topics that include building your marketing team, website development and optimization, brand reputation and management, selling homes online, marketing to buyers’ needs, building relationships with buyers, embracing new technology, and much more. 

Winner of the NAHB Nationals Silver Award in 2022 for Best Professional Development Series, and over 20,000 downloads, The Home Builder Digital Marketing Podcast is an invaluable source of information for any marketing team.

A slowing economy can be stressful; putting the brakes on your marketing efforts can be detrimental to the success of your business.  Follow these three tips to keep up to date on the latest trends and tactics and to keep your brand fresh and relevant.  Have questions?  Let’s Chat.

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