With all the marketing tools available nowadays it can be difficult to decide which is best for you. Although Social Media has dominated the networking scene, it may not be for everyone.

Like all marketing tools you must first decide what you want to achieve by going the social media route. Yes, you may be able to reach large amounts of people by going this way, yes you will be able to quickly relay time sensitive information, but consider the time and dedication you must put into it.

Luxury Insights offers these tips when planning out your social media approach.

• Positioning
  Know your desired positioning.  Be on message for your target market.  Own your niche and communicate appropriately.
• Professionalism
  Demonstrate your market expertise, professionalism, and competence.  Be ethical.
• Personality
  Be memorable–do business with style.  Be human and personable.
• Persistence
  Social media is increasingly time and location-based.  It’s not a one-shot deal, but more likely an ongoing commitment to publishing content on a regular basis.  It will require patience, focus, and persistence.

Are you up for the challenge? Remember social media was created to express your individuality. Think about your personality and feel free to show it off. Before beginning lets revert back to those early marketing classes.  Remember the SMART goal setting rules?

S- Specific

M-Measurable

A-Attainable

R- Realistic/Relevant

T- Time-bound

No matter what marketing route you choose, this will help you stay on target.

Technology has brought us some pretty amazing things. Yet, for the real estate industry it has proven to be indispensable in marketing campaigns. Brace yourselves for a new wave of marketing tools designed to bring the homes directly to the buyer.

Imagine yourself driving down your favorite neighborhood. You begin to think this place is great, I wonder if there are any homes for sale, and suddenly your phone goes off.  You automatically have alerts on homes for sale in the area. As easy as turning on your phone, valuable real estate information has been complied for you specifically with the neighborhood you are in.  How is this possible? With “location-based” applications of course.

Thanks to the good people at Placecast, who have created an application called ShopAlerts, real estate marketing has reach a whole new level. This is how it works: Once the application is started on your mobile the gps technology in the phone will determine your location. Then the application will compile data from the set area and automatically send it to your mobile phone. Originally this application was intended for stores. So if a client regularly shopped at Saks Fifth Avenue, any time they would pass by the store, deals, new products and special promotions would automatically be sent to them.

This technology called “geo-fencing” can easily be translated into real estate marketing; defined areas of any location known as “fields” are set to trigger alerts to the mobile phone, therefore making the marketing campaigns personalized to a specific client.

Talk about instant gratification. Realtors will be able to set up entire marketing campaigns directly from their phones and computers, plus have it automatically sent to industry insiders. That is some pretty powerful marketing if you ask me.

For more information on location-based technology check out www.transparentre.com and www.realestatemarketingblog.org.

 

Let’s face it in this fast-paced kind of e-world attracting the right clients to a property has become increasingly difficult. Attention spans are not what they used to be. However, there are a few tried and true tactics to keep your real estate listing from falling into the gutters of real estate oblivion.

 

Visual Appeal

 

You wouldn’t put a listing up with out enhancing its visual appeal, so don’t forget about it in the ad copy. This is the property’s calling card, it needs to be easy to read, clear and concise. Formatting your ad copy is one of the easiest things to do when trying to grab a buyer’s attention.

 

• Don’t use all capital letters or all lower case letters.
• Break up big blocks of text. Studies have shown that buyers tend to read the first few sentences and headlines of ads. Make sure your most pertinent information is placed in the beginning.
• Include Heading and Subheadings
• A picture is a worth a thousand words. Don’t be afraid to include images, just make sure they reflect what your text is saying. If you describe a staircase, show the picture.

 

Literary Appeal

 

Everyone loves a good story. Writing students are often urged to show rather than tell. This is a great tool to use for advertising a property. Find the home’s “story” and place the reader in it. What makes this home special? Even something as simple as a new stovetop can be used as selling point. Realtor Magazine suggests asking the sellers to tell you what they will miss most about their home. By emphasizing the positive aspects of a home a buyer is more likely to consider the listing.

 

Avoid using puffery. Puffery is described as flattering, often-exaggerated praise and publicity, especially when used for promotional purposes. The fine line between creative use of information and puffery can be avoided by including both the positive and negative aspects of a home. Don’t be afraid to include a potential negative instead try show it in a positive light.

 

Know Your Market

 

Not everyone is going to be a fit for every home. Avoid generalizing a property by focusing on the target buyer, rather than generalizing. Consider the neighborhood, the lifestyle of that person who would want that type of property. Readers will respond better if they feel they can relate,  good copy will consider the client’s personality. For example, an ad for a loft in the middle of the art district could include points an artist will appreciate like great lighting, and perhaps an easily accessible sink to rinse out used brushes.

 

Take the time to be a little creative. With a few simple adjustments any home can be written to attract its rightful new owner. For detailed samples on telling the story visit Laurie Moore-Moore’s tips on ad copy at: http://www.luxuryhomemarketing.com/real-estate-agents/home.html

Why use ActiveRain as your Blog?

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ActiveRain currently has a membership of over 160,000 RE Industry members averaging 200 new members daily.  There are more than 1.3 million articles posted, with an average of 10,000 new posts monthly.  Two million+ visitors traffic the ActiveRain network each month, over 80% are consumers.  Only Rainmaker upgraded accounts receive Google traffic to their blogs and posts.  ActiveRain Members blog posts receive more than 500 views on average.  Activerain provides a wide of variety of tools, services, and solutions to the Real Estate community and to the consumer.

So you think this might be a good resource for your business?

• Think about building your realtor base nationwide
• AR is a cost effective way of starting a blog
• Access to Localism  you can sponsor your community ( if it is available )

Here is the link to an ebook that will guide you through ActiveRain

 

Trulia Blogs

One way to set up a blog is on a site such as Trulia. Trulia is similar to other MLS aggregators that put together the property listings for the public ot search. You can start your blog once you set up your account on Trulia. Here is a short video on seting up your blog.

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Trulia has other features like trulia voices where consumers can  ask questions about real estate and realtors who have signed up for trulia voices can answer these questions. Just another  way to make contact with the consumer !

 

Great Information for Your Homebuyers!

The $8,000 first-time homebuyer tax credit, will be extended for contracts signed before May 1, 2010 and that close before July 1, 2010. First-time buyers, who are in the process of closing now, no longer have to worry about qualifying for the $8,000 tax credit if they do end up closing after the Nov. 30 deadline. The new legislation also increases the income limit for couples with income up to $225,000, a nearly $55,000 increase above the current level.

Buyers who already own a home are also now eligible for a tax credit and the purchase of a home. The $6,500 maximum credit will be available to existing homeowners who have lived in their current residence for five of the prior eight years. The legislation does set forth several provisions including, limiting eligibility for existing homeowners to homes worth $800,000 or less, as well as making both credits available only for primary residences, not second homes or investment properties. ( Information obtained from Keller Williams website )

Here is a chart that may help with the information:

	Current	New
Effective Date	·        January 1, 2009	·        November 7, 2009
Deadline	·        Close on or before  November 30, 2009	·       Contract signed before May 1, 2010, must close before July 1, 2010·       Members of the uniformed services, foreign services, and intelligence employees who served an extended service of 90 days will have until April 30, 2011 and June 30, 2011.
Amount	·        First-Timers: maximum of $8,000  or 10% of sales price ·        Prior Owners: $0	·        First-Timers: Unchanged·        Prior Owners: $6,500 if lived in prior home for at least 5 consecutive years of past 8 years.
Income Limit	·        Individual: $75,000·        Couple: $150,000	·        Individual: $125,000 ·        Couple: $225,000
Other   Restrictions	·       Home must be primary residence for at least 3 years. If home is sold or buyer moves before 3 years, must re-pay full amount of credit.	·       Buyer must be at least 18 years old and not classified as a dependent for tax purposes·        Home must cost less than $800,000·       New Home must be primary residence for at least 3 years following purchase. If home is sold or buyer moves, before 3 years, must re-pay full amount of credit. Exception for military, foreign services, or intelligence with extended 90 days service overseas.
How to claim	·       If purchased in 2009, by amending 2009 tax return or claiming on 2010 tax return	·       If purchased in 2010, by amending 2010 tax return or claiming on 2011 tax return

Keep it Simple

These days its very easy to start your own blog. There are many platforms like Wordpress or  Blogger, where you can go in pick a template & start designing your own blog. Or you can hire a company that will design your blog using one of those platforms. It’s all a matter of time & money!

I think the simpler the blog the better, what really counts is the information you share. The information you share is called your content .

Here are some tips on developing content for your blog

1. First ask yourself who is your audience, are they buyers & sellers of real estate or another sector of the market?  You will be writing for them so you will need to put yourself in their place and figure out what is important to them.
2. Read other blogs in your industry & see what others are blogging about.
3. Your writing does not have to be perfect it should be as if you were having a conversation.
4. Write about your property listings or someone elses!
5. Write about events in your community

Offer help, be consistent, add value. This is what you do anyway. Now you are doing it online for the world to see !

From Dianna Kokoszka’s Journal

Dianna Kokoszka is the president of MAPS Coaching for Keller Williams Realty. I was at a BOLD training and came across this statement from Dianna.

• When you want it means you lack. The brain hears you want & helps keep you in the wanting.
• Want = lack
• When you want money the brain says give them what they ask for-They ask for wanting money so keep them wanting money.
• Want control – never get it.
• Wanting control means you are lacking control & you’ll always lack.
• We cannot stand up & sit down at the same time
• You cannot want & have at the same time. 
• Release the want & you’ll receive it.

We must change the way we speak to ourselves in order to change our circumstances. This is the start of changing our limiting beliefs.

What are your Core Values ?

Zappos is an online store that sells shoes and other items. They have a huge selection and are very efficient. I heard Alfred Lin speak at the Real Estate Connect Conference in San Francisco in August of this year and I was very impressed. He talked about what his company sells, which one would imagine was shoes but instead he said that Zappo’s sells happiness. Zappo’s mission is for their customers to be happy. So everything they do is with this in mind!

This led me to think of the real estate business and what we sell . One might think it is property but I would say we sell the experience. Think about what your customers experience with you. What sets their experience with you apart from the rest?

These are Zappos 10 Core Values. We can use them for our business as well. I encourage you to take a look at them and think about how you can utilize them to better attend to your own business. or better yet come up with your own.

Send me a list of YOUR values.

1. Deliver WOW Through Service
2. Embrace and Drive Change
3. Create Fun and A Little Weirdness
4. Be Adventurous, Creative, and Open-Minded
5. Pursue Growth and Learning
6. Build Open and Honest Relationships With Communication
7. Build a Positive Team and Family Spirit
8. Do More With Less
9. Be Passionate and Determined
10. Be Humble

 Are you Part of the Conversation ?

In the video below Seth Godin & Tom Peters talk about the value of blogging. Never before has it been so easy to reach the masses and get your message out. Are you sitting on the sidelines or contributing to your profession, community and the greater good?

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