Property Manager SEO Math
Calculating Average Customer Value
To estimate the average customer value, we need to consider the typical revenue generated from a client over a year.
Example Calculation:
- Single-family residential property:
- Monthly management fee: $150 (assuming 10% of $1,500 monthly rent)
- Additional services (leasing, maintenance, etc.): $1,200 annually
- Annual value: ($150 x 12) + $1,200 = $3,000
- Multi-family residential property (10 units):
- Monthly management fee: $600 (assuming 6% of $10,000 monthly rent)
- Additional services: $3,000 annually
- Annual value: ($600 x 12) + $3,000 = $10,200
- Commercial property:
- Monthly management fee: $750 (assuming 7.5% of $10,000 monthly rent)
- Additional services: $5,000 annually
- Annual value: ($750 x 12) + $5,000 = $14,000
Conclusion
The average customer value of a client for a property manager can range from around $3,000 to $14,000 annually, depending on the type of property and services provided. For residential property managers focusing on single-family homes, an average value might be around $3,000 to $5,000 per year. For those managing multi-family or commercial properties, the value can be significantly higher, potentially exceeding $10,000 annually.
Click Through Rate Based on Ranking on Google
- Top 3 positions: Around 20% of all clicks
- Positions 4-10: Around 5% of all clicks
- Not ranking on Google: 0% of all clicks
Assuming the property manager's website is viewed by 5,000 potential clients per year:
Not Ranking on Google
- CTR: 0%
- Annual Clients: 0
- Annual Revenue: 0 clients * $3,000 = $0
Ranking in the Bottom Top 10 (Positions 4-10)
- CTR: 5%
- Annual Clients: 5,000 * 5% = 250
- Annual Revenue: 250 clients * $3,000 = $750,000
Ranking in the Top 3
- CTR: 20%
- Annual Clients: 5,000 * 20% = 1,000
- Annual Revenue: 1,000 clients * $3,000 = $3,000,000
Ranking in the Number One Spot
Although the number one spot can often get a higher CTR, we'll use the same estimate as for the top 3 for simplicity.
- CTR: 20%
- Annual Clients: 5,000 * 20% = 1,000
- Annual Revenue: 1,000 clients * $3,000 = $3,000,000
Summary of Annual Revenue Differences
- Not Ranking on Google: $0
- Bottom Top 10 (Positions 4-10): $750,000
- Top 3: $3,000,000
- Number One Spot: $3,000,000