Did you know that most purchasing (or renting) decisions come down to branding?
According to a 2021 Razorfish Study, 82% of consumers make purchase decisions based on branding. That means that consumers heavily take into account purpose, value, and brand recognition when deciding what companies they want to give their business to.
So what does that mean for you, a Multifamily Real Estate owner? It means that if you don't have clear branding, you are missing out on capturing high-quality leads.
Why is Branding important in Multifamily Real Estate?
When it comes to multifamily real estate branding, what makes your property unique and stand out among your competition, and the successful communication of those qualities, can make or break your business. Most successful (or unsuccessful) lead generation tactics boil down to one thing: brand identity.
At its core, branding is all about making your company or community stand out among your competition; creating a recognizable visual identity, crafting a brand message that speaks to your target demographic, and taking what makes you - and what you have to offer - unique and apparent to consumers.
Some important benefits of branding in multifamily real estate include:
Market Differentiation It's no secret that renters have a plethora of options when it comes to housing, so you need something that will help you stand out among the rest. Branding does that not only visually, but with your community messaging and ethos as well.
Resident Attraction and Retention A large part of multifamily real estate marketing is highlighting what kind of value you offer your residents (special amenities, rates, community culture etc.) is the bread and butter of marketing. Add to that a recognizable brand, and potential residents will know you for who you are and what you offer.
Key Elements of Effective Multifamily Real Estate Branding
Visual Identity The vast majority of marketing that Multifamily Real Estate owners and managers engage in is visual - either in print, on screens, or at the community itself - so it is important to develop a strong visual identity. When current or prospective residents see a piece of your marketing, they should know instantly that it's yours! Your visual brand identity includes, but is not limited to...
Logo design
Color schemes
Typography
Website design
Brand Messaging Your brand messaging is an opportunity to showcase your brand's personality through the words you use on your website, in ads, on social media, and so on! There are many different ways to approach Mutifamily Real Estate brand messaging, but it should always be crafted through the lens of your target demographic. Your brand messaging should focus on things that are important to your prospective clients or residents in language that they themselves use and value.
Resident Experience In multifamily real estate branding, you absolutely cannot underestimate the value of a great resident experience - you want to develop a reputation as a community that serves its residents well! That means providing consistent customer service, creating a sense of community among your residents, and building a memorable living experience for them.
A Step-by-Step Guide to Multifamily Real Estate Branding
Step 1: Brand Discovery
In order to build an effective apartment community brand, you need to get to know the market you are trying to reach. Market research and competitor analysis will help you learn what kinds of needs you can fulfill as well as identify your target audience.
Step 2: Brand Development
Once you know your target demographic and market needs, you can start developing your brand strategy, crafting your messaging, and designing your visual identity to resonate with and capture your perfect leads.
Step 3: Implementation
After you have your multifamily real estate branding solidified, it's time to implement! That means training your staff on standards (very important when it comes to your brand voice and messaging), rolling the brand out across all touch points (both online and offline), and launching your first marketing campaign to get your new branding in front of your audience.
Step 4: Evaluation and Adaptation
As with all aspects of marketing, your branding needs to be flexible. Regularly evaluate the success (or lack thereof) of your branding by analyzing metrics and collecting resident feedback, and adjust your branding strategy accordingly.
How J&J Creative Co. Can Help You Achieve Your Branding Goals
J&J Creative Co. Multifamily Real Estate Branding Services
One of our specialties at J&J Creative is Brand Design Services for multifamily real estate companies. Our expert marketing team works with real estate owners and property managers to develop Brand Strategy Guides and Brand Style Guides and trains management teams on implementation.
Want more information on what exactly we do for Enterprise Branding clients? Check out the chart below or visit our services page to schedule a consultation.
Development & Training Calls | Brand Strategy Guide | Brand Style Guide | Digital Assets |
|
|
|
|
Why choose J&J Creative Co?
There are many benefits to working with a boutique real estate branding agency like J&J Creative including niche expertise. All of these branding questions, best practices, and market knowledge are incredibly specific from industry to industry, and niche markets like multifamily real estate require even more specialized experience - which our team possesses.
Our Experience: Multifamily Real Estate Branding Examples
Each of the pictures used on this page is from one of our clients. Note how our work goes beyond just graphic design. We helped Fusion Fort Worth Apartments create and implement a comprehensive brand strategy to focus on and streamline their marketing efforts. View some more images from the project below:
Ready to start on your multifamily real estate branding journey?
We would love to help! Schedule a consultation with us to see how J&J Creative can help you brand and market your apartment community.