Online Real Estate Technology

Effective Blog posts ahead

Every day I can guarantee that you will be impacted in some way by social media, there will be experts telling you, you need a profile on social networks like Facebook, and that Twitter is the best thing since sliced bread was invented, so you create a profile and you start to tell everyone and anyone who will listen about your latest listings and open homes, but is that really the way to approach social media, doing the same thing you do every day on more traditional mediums?

Taking this approach to your social media strategy will do nothing more than waste your precious time, time that could be spent prospecting for new listings and working with your clients face to face.

I know some younger agents who think that social media and the Internet will replace face to face contact, the reality is it won’t, however the very same principles you use face to face, apply to social media, the only difference being the method of delivery.

I know of some real estate groups who have launched their social strategy with profiles on this site and that network, yet  their sites are full of their member offices congratulating themselves on such forward progress, but where is the consumer?, where is the engagement factor?, where is the interaction with the people that count the most, your customers. This should be the reason you create your social media strategy in the first place, to create the local expert, the trusted advisor role, create and engage your community and to provide information and advice for the long term.

One question to ask yourself is, why do people interact within social network sites in the first place? Is it to get your latest listing, or to find out about your open homes, or to get an appraisal? No, No, No, they are there to connect, to engage and interact with other like minded people, to share experiences, to share activities and create a sense of community and to stay in touch with family and friends.

You as a business person need to understand this motivation and work with it to really maximise the return on your investment of time in creating a social media strategy for you and your business

So what is the best way to approach a social media strategy, firstly you need to work out why you want to have a presence on social networks, is it because everyone else is doing it? Is it because your competitor down the road is doing it so you should as well right? Well wrong actually, do it because it gives you another advertising medium to capture the attention of prospective customers, do it because it is a huge billboard of opportunity to take your message to the masses, do it for you and the exposure it can bring you and your brand, do it because you are an expert in your field and do it because people are looking for an expert to advise, coach and motivate them.

Start by doing a business and digital media strategy and look at ways in which you’ll start to build an audience, do you start a blog first, do you jump on Facebook and MySpace or do you start using Twitter and on what network sites do you create a profile.

How do you declare your brand identity? Remember, you should be focused on how you and your team help other people, being the agent to call when listing a property and raising the profile of you and your office on the web.

The first Step, is create accounts on Facebook, Twitter, Linkedin and YouTube. Check in and see where you fit in to the community, upload or add all of your contacts into Facebook and start a routine of regularly adding “friends” to your page, the goal is to get your personal contacts engaged and to start to follow and engaging with other local businesses, build a schedule so that you can allocate time each week to this, otherwise you will find yourself becoming overwhelmed with trying to keep up with all the conversations that happen.

As you become more familiar with the sites you learn that Linkedin or Twitter may not be for you, that’s fine, at least you are now more informed than you where when you started. You are learning, next you can start to build your blog, your blog web site is your central hub with all roads leading to it, and everything you do should be designed to get people to your blog and interacting with you on your territory.

It’s great to have a Facebook page but even better when you have both working for you; you are in a win win situation.

Remember, with your blog comes responsibility, you’ll need to add content to it regularly and this takes time, so you should allocate at least 2+ hours a week.

Use the same strategy for all the social network sites you use, allocate time each week in your plan to update your sites and remember it’s about engaging your community not only about promoting your latest listing.

We can help you save time and money in building your social media business plan and setting up your pages and blog, we provide weekly coaching clinics that provide information and advice on content and tactics for social media. If you’d like to find out more about our social media integration plans and coaching clinics contact me at Mike Andrew Consulting and we’ll design and set up a coaching plan for you.

In December we Australians spent more time on social media sites than any other country, whilst we only ranked ninth in the world as far as users, we spent 6 hours,52 minutes and 28 second each according to Nielsen on line. The actual number of Australians using social networks in December was just under 9.9 million.

Here’s the actual breakdown for those interested:

Given these type of usage figures you would think that every business whether they be big or small would be engaging in some sort of social media strategy, right? well actually no. The take up of social media and all it’s components, blogging, microblogging sites and social networks has been very slow, and the reason is a lack of awareness of what social media is.

The number of on line consumers using this medium is growing faster than any other form of internet usage and as a farming arena or marketing/communication tool, it’s not a question for business of should I be using it, but when can I get on board and quickly.

You may remember my story on Rupert Murdock and his concerns about Google giving his content away for free and how he wants to start to charge on line consumers for content, well it appears that what consumers really want on line is information that is free, last weeks decision by the New York Times to build a wall around it’s content was applauded by publishers, but news coming from the Long Island Daily will not be good news for promoters of charging for news content, the Long Island Daily has achieved the massive number of paying subscribers, since commencing to charge in October last year, of just 35, at $260 per year per subscriber this nets them $9000 revenue, on a launch cost of $4 million US.

Consumers using social media want information, they want to engage in conversation with you and they want to research you, your product and your brand.

Now is the time to get on board with a social media strategy, get on the front foot and take advantage of the networking possibilities.

As you all are aware I just love to talk and write about the so called social media gurus, those that have used social media sites for 5 minutes and then think they are experts, well I just had to share this with you, I hope you get a laugh.

Welcome to social media gurus anonymous

Wordpress Blog Platform

I’ve mentioned a number of times on this blog the number of women who are now using social media sites including blogs, to not only research business and products, but who are directly influenced by what they read or research on these networks. The influence of social media on the female internet user is often underestimated by business.

In the US, new research from SheSpeaks highlights that social media networks have become a must for women this year and social network penetration climbed from 58% of internet users in 2008 to 86% in 2009.

When asked about brand related activity on social sites, 80% of female users said they had become a fan of a product or brand directly from a social network. In addition, 72% had learned about a new product or brand, or joined a group around one. To me, one very interesting trend stood out, women were less likely to participate on Twitter with product or brand related activities.

Another interesting point is with actual purchasing of products or services, with one-half of female Internet users buying a product because of a social network. Purchases based on social networking sites and blogs both increased dramatically over 2008.

Users seemed more receptive to social network advertising than they were in 2008, with 9% saying that they always look at ads and often click through, compared with just 2% last year. Thirty percent look sometimes, versus 13% in 2008, and fewer users felt annoyed by ads or actively ignored them.

Brand Related Activity on Social Networking Sites

The ROI for business with a social media strategy that is well set up and planned is well worth the effort and the work put in, and with that in mind, I’ve been really inspired by this research, so much so that I’m prepared to help you get your blogging efforts set up and running for the month of January, I’m going to set up 10 free wordpress installs. No sales efforts, no push, all you have to do is drop me a comment on this post and tell me why you need/want a blog and how having a blog might benefit your business.

To Qualify:

In order to qualify all you need to do is buy one of my hosting packages for a period of 12 months, they are really inexpensive and won’t cost you an arm and a leg. Let me know if you’d like additional information on this.

This is what I’ll include -

• I’ll install and configure Wordpress for you. The self hosted version.
• I’ll upload and activate a theme of your choice for you so that your blog looks a million dollars.
• I’ll set up and install add-on software (otherwise known as “plug-ins”) to give your blog a bit of a boost. Things like Disqus commenting, Akismet Spam protection, Tweetmeme, etc.

This is what is not included:

• I won’t move content over from another blog. I’m setting up a brand spanking new blog for you in this case.
• You won’t get personal one-on-one blog coaching. I’m not saying that I wouldn’t sit down with you for some one-on-one coaching if you needed it. It’s not included in this Basic Install. If you’re interested in coaching, then please head over to  Mike Andrew Consulting
• You won’t get tech support. I’m happy to answer any questions that you might have if time permits.
• You’ll need to buy or already have your own domain name as the blog will need this. I’ll help you work out the best domain name for you but you will need to have it ready.

So there you have it, as I mentioned I’ll be happy to do about 10 of these installs so to qualify all you need to do is get writing and leave me a comment, if you already have a blog then please  send the link or recommend this to someone who doesn’t have a blog yet.

Last week during a webinar that I participated in with Michael Sheargold and the Real Estate Results Network, I suggested that every real estate office should create a digital media strategy that covers at least the next 12 months. Technology is changing so rapidly for real estate agents and without a plan or strategy in place you’ll find it very hard to keep up. I’ve had some agents talk to me about what should be in this digital strategy, so to help you lets go through the basics of what you should include in your document.

1. Web site SEO – First and foremost in my mind is having your web site search engine friendly. Local search queries continue to increase as does 3+ word keyword searches.

Yellow Pages book usage is decreasing and Internet searches increasing, so that makes it vital that your site appears on the first page of Google. You need to also consider how your site performs, Google are planning to use site speed as a ranking factor and therefore how quickly your site loads will be a consideration. Image heavy sites without alt tags and optimising your pages for relevant keywords needs to be considered.

During the webinar, one industry specialist wrote a comment ” Do you really think that principals or agents actually write their own copy?”  No I don’t, but they need to make sure that what is written on their behalf is search engine optimised and written for the web, not copied from a newspaper. Make sure that you get access to the coding on your site as well, you pay for it, you own it, not like I have encountered recently with one web company attached to the number one real estate portal, they have a very arrogant attitude to you the customer, so if in doubt walk away, there are plenty of web design companies that will help you.

Search Engine Marketing should not replace your web site SEO, use SEM wisely and don’t double up, if you’re on the first page or rank highly for a search term, don’t waste money on Adwords,use them in areas that you don’t rank, remember, Google ranks pages not web sites so you can effectively optimise each page on your web site for keywords.

2.Social Media – Include this into your 12 month plan, small business is lagging behind their big brothers in using and integrating social media into their business. Your customers have embraced social networking and it is becoming the trusted adviser, so you can’t afford to neglect it any longer.

One of the reasons slowing the integration is a lack of knowledge about social media by small business owners, in my mind you are better to try and work with social media than to ignore it, so jump in and have a go. Plan it slowly and use the major sites such as Facebook and Twitter to start with, you can use this as your guide, POST. This stands for:

• People – What is your target market?

• Objective – What do you want to achieve from using social media?

• Strategy – How will you go about communicating with your customers? Status Updates, Coupons, Discounts etc

• Technology - What are the main sites you’ll use to communicate your message? Facebook/Twitter

That at least will help you plan your strategy, also remember, Podcasting, Vlogging and YouTube are powerful tools in getting your message across, plus Google loves video, so use this to your advantage

3. Blogs – Create a blog and add it to your web presence, it allows you to add the personal touch to your on line marketing. ComScore’s research indicates that blogs reach over 48% of the online population in the Asia Pacific region, social media 56.1%.

Blogs are a great way to communicate with your customers and are a great customer service tool, remember though you need to make sure that your content is fresh and relevant to the target market you are aiming at. Google loves blogs because of the constantly updated information they provide and will index them very quickly as well as give them a high ranking, sometimes even over a higher authority site. Wordpress provides a great platform for you to use and I’d recommend the self hosted option as you can use your own domain name and you have much more flexibility.

4. Internet Marketing – Make sure that you have your office details listed with Google business, use different keywords or categories so that you rank on different search pages in your area. Be very selfish with where your links go, you might think its great that your business comes up number one under a realestate.com.au listing in your area, but think where the customer goes when they click on the link, to you? no they go to the portal so make sure your web site ranks on that first page.

Audit your listing on the portals and start to implement good keywords in your copy, remember you’re writing for the web not a newspaper, so think about how people search and what keywords they use. Get those from your own office, you have a wealth of information at your disposal, so ask your staff what words or phrases consumers use when  they contact your office, find the most frequently used and start to weave those into your articles or listing copy.

Don’t leave out of your listing valuable information, Google uses a completeness filter on Google real estate, so the more information in your listing the higher the rank, makes sense really doesn’t it.  

5. Technology – Make sure you stay informed on technology that impacts on how your customers find you, Augmented Reality and QR codes are examples, be aware of the impact they are having and factor these into your strategy.

I hope that helps you in planning for the next 12 months, having this in place is a good start in improving the way you market and communicate with the online consumer, it also improves your businesses “Future Fitness”  for digital marketing.

Watch Out for the Twitter DM Hacker

Watch out the Twitter DM hacker has struck again, having been a victim myself only last week please make sure you log in to Twitter and change your password. Don”t be tempted to share your Twitter log in details with any third party software program that you don’t trust.

The DM spam attack, presumably being spread by hacked Twitter accounts, contains unknown but dubious content, and we advise you to avoid clicking on anything that appears suspicious. Be on the look for tweets like, “hi, did you do this quiz thingy.”

I lost a few followers last week because of these hacked DM’s so please be warned and be careful. If you’d like to check the latest on these, search “dm spam” on Twitter.

Optus brand reputation management non existent

I recently invested in the new iPhone and have really enjoyed exploring the technology, however just recently I’ve noticed a recurring problem and that is my iPhone will drop out during both received and dialed phone calls.  So you can imagine my frustration when on a call and the call drops out, this happens at least 2 out of every 10 calls. So like most people today, I decided to search for the problem or I should say solution on Google, and what did i find? loads of information on the problems the iPhone network, in particular the Optus 3G network is having, and why there are drop outs. This information ironically, being provided by forum sites and other disgruntled consumers experiencing the same problem, nothing from the network that I’m with, which is Optus.

The number one result on my search query on Google is a forum site and contained within this site are numerous complaints about the drop outs, all citing the Optus 3G network not being up to spec as the cause of the problem, there are also complaints about Optus customer service and the lack of responce by Optus to customer complaints, some taking up to 2 weeks just to get a return phone call. But the interesting thing to me is the total lack of input from Optus on this site, now surely you’d think that a service company would be either monitoring this site or at least have a strategy to deal with all this negativity about their product and service, and don’t think that Telstra is any better at dealing with complaints, because they are not.

This brings me to the impact that social media has on brand building, consumers now have the ability to complain publicly about issues they are having with any company, and a simple search on Google will usually brings these forum and blog sites up at the top of the search, making them easily accessible to anyone wanting information or to complain about the service or lack of it from any company.

Business today needs to be very aware of the impact these sites can have on generating business from the web, and an effective web based brand monitoring strategy needs to be implemented and service related industries including real estate offices and agents really need to make sure they have both a monitoring and response strategy in place… Now I don’t know if Optus monitors or is even aware that these sites are on the web, but they should, the comments, complaints and opinions of current customers should be a prime concern, because if I’d read this forum before getting my iPhone, i would never have used Optus, and to allow the comments found on the forum site to continue without company moderation or input is just plain stupid.

So beware, take your on line reputation very seriously, you don’t want your brand or reputation destroyed on the web, imagine if you did a Google search on a prospective employee and found complaints and comments about them, complaints about their lack of service and response or their rudeness in dealing with clients, would you then hire that person? No I didn’t think so, well it works both ways.

You can no longer take your reputation for granted, you need to set up your strategy and a good place to start is by using this 3 phase process:

• Monitor

• Manage

• Repair

Start by monitoring what is being said about you or your brand on line, and you can do this by simply creating a Google alert for your brand name or keyword, if your brand is mentioned on the web then Google will notify you via email once a day of who,what and where you were mentioned.

This is the easiest and cheapest way to keep track of your reputation.

During my research I’ve come across a great video that I thought I would share with you, the video was compiled by Socialnomics09, and is called Social Media Revolution: Is Social Media a Fad?

For those real estate business owners that have yet to consider social media as a business strategy then hopefully this will provide some insights into the On Line world of the future. This video details some facts and figures that are hard to ignore.

I’ve been like a voice in the wilderness promoting the value of a social media within the real estate industry in Australia so hopefully this video will add some weight to my voice.

If you do decide to adopt a social media strategy for your office, make sure you get someone who knows what they are doing, read my post on Fake Social Media Experts before you get fooled to part with your hard earned dollars by these so called experts, or better still, give me a call.

Please enjoy

Yes, well here we go again, another one of those, I’ve got  a list of over “9,000″ Twitter followers so I’m a social media expert marketing forms has hit my desk today. Come along it says, “to my affiliate marketing driven roadshow and in 4 hours I’ll make you the expert, but there’s more, if you sign away your hard earned money right now, i have an e-book special for you, yes just for you, an E-Book that I didn’t write by the way,but I’ll pretend its mine, and all it will cost you is $89.00.”

I get emails like this every day, offering free product that I can sell or give away as my own, I get E-Books, money making ideas and lots of materials that I can re-brand, that’s not being an expert, that’s a faker.

These so called experts all have massive numbers of followers on social media sites like MySpace and Facebook and of course Twitter, and they fool you to part with your money.

Well don’t fall for it, because I’m going to tell you how to fake it, and then you too can be the instant social media expert, you know, the one who can’t get a job selling real estate so they opt for this easy money.

Ok this is how you do it, On MySpace and Facebook, you find as many people with similar names or interests as you and then send them friend requests, a lot will decline but you would be surprised at the number that actually come back and accept you, that way you build up your following very quickly, they never do anything with you but hey it builds your numbers. Next Twitter, there are a number of programs that will show you how to build big follower numbers and it’s funny but it’s nearly always around the 9000 mark. You can do the same with Twitter as you do with MySpace and Facebook, that is follow large numbers of people and I’ll guarantee you a fair number will follow you back, and you know the dead giveaway? look at the follower number next to the following number, that they can’t hide.

I know of one expert that actually sends out his flyers with “I have 9000 followers on twitter” so I must be good, well one thing he doesn’t tell you is he follows over 10,500. If you really want to get serious with this, have a look at the Twitter accounts with large followings, 99% of them are well known actors, celebrities or business people, so what does that tell you.

I have always taken the tack that to build a social media following you should earn it, build it on providing good quality information and advice and create the “Expert” tag through experience and generate your followers organically not by underhand means and faking it.

There are so many “snake oil” sales people out there you really need to hang on to your wallet.

So next time you get a flyer or an invite, stop and do some research first, the web and Google are a great place to find out information on your expert. How many articles have they had published?, where do they rank on Google?, What recommendations do they have and what companies have they worked with in designing and integrating a social media strategy. For example, I’ve just done a search on social media experts, and this person I’m telling you about doesn’t even rank on the top 20 pages.

Is this sour grapes? no, I just don’t like rip off artists who pray on people like you.

Creating Your Real Estate tweet Plan

Twitter is the flavour of the year and a lot of you will be starting to use Twitter for the first time, and using it correctly to not only build your following but to get your followers to go where you want them to and to get buy in from them is not easy,even though there’s lot of people using the micro blogging service, you still need to have a plan to get the most out of the site. For those of you who have been using Twitter for awhile, this article will also help you get more response for all your efforts.

To be successful using Twitter you need to offer value to those following you, and you need to create what I call the “Trusted Adviser” role for yourself, once you have created this role and others see your expertise on a subject, they will follow you to get information and advice, but first you need to work very hard to create this persona.

Creating your Tweet plan and then following the strategy you have set up for yourself, will help you keep your plan on track. Just posting tweets about your product or listing is not engaging your followers nor is it creating value, it is just plain boring.

Setting out to become a trusted adviser means you need to listen,respond and broadcast and build your community, that’s what your followers are, your community, and you need to offer value in what you do to get engagement from them.

Creating your topic list is a good place to start, define your area of expertise and start to build that trust.

Some of the topics you could include if you are just starting out would be:

1. Your Expertise

2. What are your passions

3. Stats in your market – Good for those in real estate

4. Share your interests

5. Tweet what you are doing

6. Updates on your listings – real estate again

7. Share links and helpful information

So now you’ve worked on your list of topics, it’s time to create your tweet plan:

1. Make a list of topics

2. Identify your resources – sites to turn to, to get information

3. Schedule drips – spread your tweets out throughout the day

4. Be spontaneous

5. Follow other twitters of like minded interests and retweet information

Once you have your tweet plan worked out, you then need to set up your Twitter profile:

1. Create you Twitter background and personalise your profile

2. Complete your profile – serious followers always check out your profile before a follow.

3. Use monitoring and measuring tools to check your tweets – Use URL shorteners such as Bit.ly/Cli.gs/Hootsuite

4. Add video to your tweets by using Bubbletweet.com

5. Use Tweetlater.com to add an auto welcome  message for new followers

I hope that you find the above information helpful, particularly if you are just starting out with Twitter, and by using the tools I’ve suggested, it will give you the basics to start building your following and help you create the trusted adviser role.

Some helpful Twitter tools you can use to start building your Tweet plan:

1. Tweetdeck.com

2. Topify.com – Uses email notification for new followers

3. Hootsuite.com

4. Tweetlater.com

5. Tweetmeme.com – Search and retweet the hottest stories on Twitter.

Now to final the tip for you, using social media sites as farm areas can generate new sources of leads for you, particularly as you can tap into the conversations taking place right then and there. A great site for you to use is www.demandspot.com, it is a real time lead generation tool for real estate agents that taps into the conversations on Twitter, you enter the suburb or state into the site and it will give you the details of all conversations taking place about real estate in your selected suburb including contact information, you can then join in the conversation.

One word of warning though, please be careful how you use this tool, ramming your listings or services at them will not make you friends, the best way to engage these people, is to create the handshake and enter the conversation quietly.

Good luck.