BanCorp Properties Role in the Lake Forest Housing Market Intensifying

Lake Forest, CA, January 27, 2015 --(PR.com)-- BanCorp Real Estate Group said on Sunday that it is reexamining its role in the Lake Forest, California housing market in a cross-divisional attempt so secure market share in the Lake Forest, CA real estate market. The company believes that it can accomplish through a combination of multi-media marketing methods together an intensified focus on social media which has served the company so well in the past when grabbing market share in other cities and communities in South Orange County. BanCorp believes that by focusing in on the Lake Forest Realtor and targeting specific Lake Forest properties they will be able to showcase the homes for sale in Lake Forest that are in most demand, leading to faster transaction.

Some reports say that nearly 90% of all home search start on the internet. BanCorp’s President Greg Steinaker was quoted as saying “if this percentage was even 50%, the company would be negligent to its stakeholders by not focusing in on the self-replicating social media hubs such as Twitter, LinkedIn and Google+. There are also many other lesser known social media outlets to exploit when marketing a home – or marketing the company as a whole.” He went on to add, “The Lake Forest real estate market is an extremely competitive one, and the company believes that people are not just completing a ‘Google search’ when looking for Lake Forest homes for sale, they are also likely inclined to scan the social media boards when looking for that perfect property.”

By electing to move away from the older-school methods of advertising that the real estate industry has used for so many years such as print media and radio advertising and concentrating on targeted social media posting to advertise particular Lake Forest real estate, BanCorp believes that these efforts will lead to much longer lasting results, leading to higher profits, and the likelihood of retaining and recruiting more Lake Forest real estate agents which is ‘win-win’ proposition for the company. If the company was to gain short-term and long-term benefits from this intensified social-media blitz, the end results could only be more repeat and referral business.