Insight

Does branding work for real estate?

Buying a property requires serious money and as such, people need assurance that their investment will grow and that they will be part of a thriving community that aligns with their values and aspirations.

Having spent nearly 17 years working for one of the country’s most trusted real estate developers, I’ve seen firsthand how crucial branding is in the property industry.


My journey took me through various senior roles in retail, hotel, strategic land bank, office, residential, and international business units. With each role came a new challenge and an opportunity to reinforce the brand I was proud to represent. Branding is not just a marketing tool, it is the lifeblood of a real estate company, especially when that brand is intertwined with the identity of a prominent business family and one of the largest conglomerates in the country.


At the company, branding was more than just creating a name or a logo. It was about building trust, fostering a sense of community, and delivering consistent value to our customers. What was key was that the brand was the founding family’s name, carrying with it the heritage of the oldest and one of the most diversified Philippine corporations.


This legacy placed an enormous responsibility on us as marketers and executives. We were not merely promoting a product or service; we were custodians of a brand that represented a storied history, a commitment to quality, and an unwavering dedication to nation building. 


HIGH-VALUE INVESTMENT 


Real estate is quite unique in that it involves high-value, long-term investments. People don’t just buy properties, they invest in lifestyles that reflect their own life stage, future, and legacies. They seek assurance that their investment will grow and that they will be part of a thriving community that aligns with their values and aspirations. This is where branding becomes an invaluable strategic asset.


As a leader in the industry, branding was integral to our business model. Each campaign year, we had to ensure that the brand remained relevant to the times (from mainstream TV, radio, print to digital website and social media platforms) and the market we served. This wasn’t a one-time effort but a continuing process that required us to be attuned to the changing needs and preferences of our customers.


For instance, in the retail sector, branding was about creating spaces that resonated with shoppers’ lifestyles and offered more than just a shopping experience. In the residential sector, it was about building homes that reflected the aspirations of families and generational individuals. 


Each business unit had its unique challenges, but the core branding principles remained the same: quality, trust, and a commitment to enhancing lives. This consistency was key in ensuring that regardless of the business, customers could trust that the mother brand’s development would deliver on its value proposition. 

BRAND EVOLUTION


One of the most challenging yet rewarding aspects of my role was ensuring that the brand evolved with the times. A brand that doesn’t adapt risks becoming irrelevant. This was particularly important in the international sector, where we had to package the brand to markets with different political preferences, contexts and expectations. Here, branding went beyond promoting our developments — it was about communicating our values, heritage, and commitment to nation building by aligning the company’s narrative with the political climate, from PNoy’s Kayo ang Boss ko to Duterte’s 10-point agenda. Duterte, for example, won among OFW voters so we aligned our story to that market, which went as far as bringing financial literacy experts to help our workers abroad manage their earnings and finances properly. 


In the hotel sector, we had to adapt to the evolving needs of modern business travelers, who increasingly sought authentic experiences and sustainable practices. This required us to align our brand with the values of green living and the local culture.

 

COMMITMENT TO EXCELLENCE


Working for a top developer taught me that branding in real estate is not just about marketing: it’s about a commitment to excellence. It’s about ensuring that every aspect of the project — from the vision of a parcel of land to the initial planning stages to construction to the final handover —reflects the values that the brand stands for. This is branding at the different stages of the customer journey. This commitment to integrity, reliability and excellence builds trust, and trust is the cornerstone of any brand, especially in real estate. 


I remember this new residential brand that we launched back in 2010. We recommended attaching a stronger endorsement to the introductory brand, fought tooth and nail with the brand owners, and lost. The intro brand’s narrative was to carry the same brand of quality and people from the mother brand and wasn’t just about selling homes — it was about empowering the greater underserved market to finally make their dream of having a home become a reality, and it would be a home with the stamp of the gold standard in real estate.


That intro campaign resonated deeply with our target audience because it wasn’t just about the physical attributes of the homes; it was about their aspirations and lifestyle that the brand promised. This is the power of branding in real estate; it goes beyond the tangible and taps into the emotional and aspirational needs of people. That campaign achieved unprecedented top of mind awareness in all areas of operation and endeared the mother brand not only to the high-end market but also to the larger underserved Filipinos.


So, does branding work for real estate? 


Absolutely.


Branding is not just a part of the real estate business; it is the business. It is what differentiates one developer from another and what makes a buyer choose one property over another. It is what turns a first-time buyer into a lifelong customer and an advocate for your brand.


Branding is about more than just selling properties; it’s about selling a promise – a promise of integrity, reliability and commitment. And as long as real estate is about people, their homes, and their futures, branding will continue to be a fundamental aspect of the industry.


As brand custodians, we have a duty to uphold that promise, ensuring that our brand remains relevant, trustworthy, and aspirational, no matter how much the world around us changes. 


Written by: Anna Garcia-Ramos - Senior Consultant, Acumen Strategy Consultants

Anna started her career in the advertising industry then moved to the property sector where she specialized in marketing.

August 24, 2024

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