REAL “Gets Real” with first social media app for real estate

February 7, 2023

Real estate agents were being squeezed out of the market by “pay-to-play” apps that restricted agents from showcasing their listings unless they paid to promote them. They had lost control of the real estate process, while big proptech profited from agents’ hard-earned listings. Bravo’s “Million Dollar Listing” alum Fredrik Eklund and Hong Kong’s real estate success Thomas Ma created the first social media app built for real estate agents and the only one that democratizes the global landscape and connects agents directly to sellers and buyers.

Challenge

REAL Messenger came to Bospar to launch this new social platform successfully in the U.S., which was going to require an entire marketing stack. Unfortunately, Thomas Ma only had a logo, an app… and a ticking clock!

Our objectives were clear:

  1. Ready the app for its coming out party to U.S. agents and press. Focus on user experience and essential competitive advantages over mega-sites like Zillow and Redfin.
  2. Launch at the Inman Real Estate Conference (which was just two months away). Create and stand up an engaging, crowd-pleasing debut that would drive agents to download the app at the country’s most significant real estate conference.
  3. Build mass awareness. Mobilize integrated marketing and PR across digital platforms to drive awareness beyond the conference.

Solution

Bospar worked quickly to help REAL understand its target audience and market, position the brand, and mobilize a multi-faceted, cross-platform launch campaign to reach the press, the public, and, most importantly, real estate industry players.

REAL was set to launch in less than two months at the Inman Real Estate Conference in Las Vegas. We dove into action on a number of things including:

Results

Our strategy delivered extraordinary results across the board, beginning with:

  • Email marketing: To secure Inman attendees for the company’s presentation and launch party. Open rate of 42% was almost double the 24% typical Inman response.
  • Digital advertising: Custom digital ads created across social media and the Inman site. Digital ads performed well over the .06 industry average, with a click-through rate of 0.18%.

Coverage

Media outreach resulted in an audience reach of over 138 million people. We secured coverage in Computer World, RealDeal, HouseDigest, and Las Vegas Review and TV broadcasts from coast-to-coast, including Fox Five in NY and NBC and Live in LA. 

Business Impact

Immediately after the Inman launch, the app shot to the top 10 in the App Stores – particularly impressive in the face of Google’s simultaneous rollout of their app “BeReal.”
Within two weeks, more than 200,000 global agents downloaded the app – from the U.S., Australia, UK, Sweden, Europe, and China.

200K

Global Agent Downloads

138M

Audience Reach

Top 10

App Store Placement

“PR handled everything from go-to-market strategy to coordination with Fredrik and his team to detailed implementation. They were my proactive advisors on every step – as if they were our in-house team. And the buzz at Inman was fantastic!” 

– Thomas Ma, CEO and founder, REAL.

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