New Tool Shows Facebook Users Automatic Property Ads

October 26, 2020

Facebook algorithm is something you’ve probably heard of in passing, whether it’s by a disgruntled family member, or news of it traveling around your news feed. There’s a new tool using such an avenue that gathers your preferences from Facebook and targets you with ads for appropriate properties for sale. The tool is for members of The Guild of Property Professionals to reach a wider audience with more accurately curated ads. 

Called Hooked, the tool matches Facebook users with the types of individuals registered as prospective buyers within agents’ databases as a way to continue the movement and get those stagnant properties selling faster. 

Guild CEO Iain McKenzie said:

“When it comes to digital marketing, social media is a key element for providing amazing results and is very beneficial to agents who wish to reach a larger targeted audience. Estate agents who are not effectively utilizing social media as the profitable source it is, are missing out on marketing opportunities that could result in more income.”

So, if you happen to see a property ad pop up for you while you’re scrolling through your Facebook news feed, maybe it’s a sign that it’s time for a change. 

October 26, 2020
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

zillow dark courtoom
Court Dismisses "Baseless" Taylor V Zillow Lawsuit For Deficient Claims

A federal judge has granted Zillow’s motion to dismiss the Taylor v. Zillow lawsuit, filed in February. Alucard Taylor sued...

Read More
Product Roundup 240720261 1
Product and Services Roundup: Redfin, BCG, ESPC

We kick off this week's Roundup with a nifty data deal for Redfin.   North America: Redfin adds climate data...

Read More
Cian Boardroom 2
Cian Approves 12-Month, $51.6M Share Buyback

The Russian real estate portal Cian will buy back up to RUB 4 billion (USD 51.6m) of its own shares...

Read More
quintoandarhiring 3
Quinto Andar Hires New GM for Latin America

Grupo QuintoAndar has announced the appointment of Jaime Macaya as Vice President (VP) and General Manager for Latin America. Macaya...

Read More

Editor's Pick