Multifamily Marketing

Latest · Google & search

Your Branded Search Spend Is Probably Buying Free Traffic

If you're bidding on your own property name in paid search, sit with this for a second: you're probably paying for clicks Google would've handed you for free.

That's the uncomfortable version. The comfortable version, the one everyone actually asks, is "should we bid on our own name." Wrong question. The right one is whether that spend produces incremental leases. And almost nobody at the property or portfolio level has actually tested it.

Here's why this keeps happening. Your organic listing for "[property name] apartments" already ranks first most of the time. Your ILS profile sits near the top too. So when someone searches your name, they're finding you either way. The ad doesn't create the click. It intercepts a click that was already coming.

Nobody tests this because it's scary, not because it's hard. Turning off branded search feels like turning off a channel that's producing leads on your dashboard, and if occupancy dips two weeks later, you're the one explaining why you pulled the plug. That fear is fair. It's also solvable without betting the lease-up on a hunch.

Here's the test. Pick two or three comparable communities in the same submarket with similar traffic and lead flow. Turn branded search off completely on one for four to six weeks. Leave the others alone. Watch total leads and total leases across all of them, not just the paid-channel number. If the community with branded search off holds steady on total leads and leases, you've got your answer: that spend was buying traffic you already owned.

Don't half-cut it. Cutting the budget in half or restricting hours gives you mush data, and you'll spend the next quarter arguing about whether the dip was the budget or the weather. A clean on/off test on a defined set of properties for a defined window gives you a real answer. A half-measure gives you a talking point for your next platform QBR and nothing else.

Watch the right number while you're at it. Paid-channel leads will drop when you turn off branded search. Expected. Not the signal. The signal is whether total leads and total leases across the whole property stayed flat. If they did, the paid clicks you lost got replaced one-for-one by organic clicks that were always going to happen.

There are real exceptions, and they matter. New lease-ups with no organic authority built up yet. Communities mid rebrand or name change. Markets where a competitor is bidding on your property name. In those cases branded search is doing actual work, not just skimming free traffic, and the test will show a real drop in total leads when you pull the spend. That's your answer too: keep it running.

Portfolio size changes how you run this. A three-property owner-operator can run this test property by property and trust the results in a quarter. A large portfolio with a shared vendor managing bids across two hundred communities needs a representative sample, not a full sweep, or you'll drown the whole exercise in noise from properties that don't behave anything alike.

One more thing, plainly: your CRM's attribution report will tell you branded search is working. Of course it will. Your CRM is doing improv and filing it as data. Last-click and first-click models both give the ad credit for a click that was happening with or without it. That's not a bug in your CRM. It's what every attribution model does when it's built to track clicks instead of outcomes. Don't let the dashboard settle an argument it was never built to settle.

Run the test on a defined set of properties. Hold the line for the full window even when the paid numbers look ugly. Judge it on total leases, not channel-level leads.

That's the only way to know if you're funding a real channel or just paying rent on a click you already owned.

Your CRM is doing improv and filing it as data.

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