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How We Generated 192 High-Quality Real Estate Leads at Just $2.02 Per Lead

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Website leads
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Cost Per Lead
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Client Overview

A real estate business operating in the USA & Canada was struggling to generate qualified leads at a reasonable cost. Their previous campaigns were inefficient, with high CPL (Cost Per Lead) and many unqualified inquiries that wasted their sales team’s time.

The Challenge

High CPL (Cost Per Lead) – They were paying too much per lead.
Unqualified Leads – Many leads were not genuinely interested in buying or selling.
Sales Team Overload – Their team was wasting time on low-quality leads.

The Solution

To fix these issues, we implemented a strategic Facebook Ads campaign with a focus on cost efficiency and high-quality leads.

Targeting the Right Audience

Narrowed audience segmentation to focus on serious homebuyers, investors, and sellers.
✅ Used Lookalike Audiences based on past successful conversions.
Retargeted website visitors and people who engaged with previous ads.

High-Impact Ad Creatives

✅ Designed scroll-stopping visuals with clear property highlights.
✅ Used emotional storytelling to connect with potential buyers and sellers.
✅ A/B tested different ad formats (carousel, video, and static images) to see what worked best. 

Lead Form Optimization

Used Facebook Instant Forms to capture leads quickly and reduce drop-offs.
✅ Added pre-qualifying questions (budget range, buying timeline, preferred location) to filter out low-intent leads.
Follow-up automation to keep leads engaged.

The Results

📈 192 High-Quality Leads generated in USA & Canada
💰 $387 Total Ad Spend
$2.02 Cost Per Lead (Significantly lower than before!)
📊 Higher Lead Quality, saving the sales team time and increasing conversions 

Key Takeaways

Better targeting = lower CPL and better lead quality.
Facebook Instant Forms are a game-changer for quick lead capture.
A/B testing and continuous optimization can drastically improve results.
Focusing on intent-based questions helps sales teams close more deals.

🚀 Want Similar Results for Your Real Estate Business?

If you’re tired of high CPL and unqualified leads, let’s turn things around. Book a Free Strategy Call Today!
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