Online Real Estate Technology

Men hold a dominant share in usage of many mobile technologies, according to a new study from comScore.

Men Make Up 6 in 10 US Smartphone Users
“How Women Are Shaping the Internet” indicates that in both the US and Europe, smartphone usage is dominated by men. In the US, there is a fairly consistent 60/40 split, but in Europe the skew toward male users is slightly more pronounced, hovering around 63% compared to 37%.

comScore analysis suggests that the greater likelihood of men to be early technology adopters may explain at least part of this gender imbalance. However, comScore also says that a propensity for men to be higher wage-earners, as well as a greater share of men who have at least part of their mobile phone bill paid by their employer, could also contribute to higher male usage of more expensive smartphones.

Mobile Net Services Skew Male
Mobile Internet services (browsing, apps, and email) skew 65-70% male. However, some activities, such as playing mobile games, making ringtones, and listening to music, skew more female.

Mobile social networking has fairly even gender usage, with women accounting for about 45% of mobile social networking activity. It is also the activity with the youngest participants, averaging 29 years old, compared to an average age of 32 for mobile games (which skews about 50% female). Unsurprisingly, more expensive activities tend to have users with an older average age, and are also more likely to skew male.

Mobile Internet Demographics Reflect Cost
The age difference between PC and mobile Internet users is indicative of the need for money when browsing on the mobile device (e.g., advanced device and data plans). Women’s adoption of mobile social networking, however, is a clear indicator that mobile Internet services are moving out of early adopter mode and into the mainstream.

Men Spend More Time Viewing Online Video
Although gender rates for viewing online video are similar, men spend more time watching, according to other results from “How Women Are Shaping the Internet.” The study indicates that in nine countries and Hong Kong, virtually the same percentage of online males and females watch online video. In every instance, roughly 80% of both online men and women watch online video.

While rates of watching online video are similar, and in some areas women actually watch at a slightly higher rate, in all 10 areas researched by comScore men spend much more time on average watching online video than women.

In the US, men watch more than 15 hours of online video per month, roughly triple the average time spent by women. Similarly wide discrepancies exist in the other three countries where online video consumption is the heaviest: Canada, Germany, and the UK.

When I was at the Inman technology conference in August, the subject of Augmented Reality was being bandied around during the technology sessions and I thought it time to have a look at how it will impact not only the working real estate agent but also the consumer.

Firstly, what is Augmented Reality?  The concept has been around since the early 90′s, but it’s really only been in the last 12 months that the technical world has gone ga ga over it and if not for the onslaught of Twitter, you’d probably have heard a lot more about it by now.  So here is the technical explanation for what it is:

Augmented reality (AR) is a term for a live direct or indirect view of a physical real-world environment whose elements are merged with (or augmented by) virtual computer-generated imagery – creating a mixed reality. The augmentation is conventionally in real-time and in semantic context with environmental elements, like for example sports scores on TV during a match. With the help of advanced AR technology (e.g. adding computer vision and object recognition) the information about the surrounding real world of the user becomes interactive and digitally usable. Artificial information about the environment and the objects in it can be stored and retrieved as an information layer on top of the real world view.

Ok, there it is, simple really, but what does it do and how can you use it in your real estate business. The easiest way to explain how the technology will work is this, Imagine a consumer being able to stop in front of a house for sale and simply point their smart phone at the house and within seconds being able to view as well as save all the information about the listing. From there the consumer can look at the pictures, watch a video, email the information and even contact the agent direct.

To watch the technology in action here’s a video from Layer, an Android-based application that uses your handset’s GPS location, digital compass and accelerometer to call up geotagged information and superimpose it on the world around you.

The iPhone application for this technology is now available for download from the Itunes store, so  you can imagine the potential this has for the future, and it’s not just real estate that will benefit.

Any business can and will benefit from this technology, lets imagine you’re walking down a street looking for a good place to eat, you hold up your mobile phone so the screen shows what’s in front of you. What you see are things you couldn’t see before, brightly coloured makers that show restaurants and bars, turn the corner and you’ll see the new view on your screen, click on any of the markers and you’ll see customer reviews, menu and price information.

This is just a small part of what this technology can do, so I hope I’ve opened the door just a little for you.

There’s one lesson in this for the real estate industry, don’t get left behind, make sure you keep up with developments and new technology such as this as it emerges. Your very future may well depend on it.

I’d suggest also reading the post on using QR codes for real estate

Social Media Usage jumps 462% amongst tech savvy moms

The way social media usage is growing with the general population never ceases to amaze me and new research is showing that the biggest increase in usage is amongst stay at home and working mothers. In fact, social media usage has jumped a massive 462% amongst tech savvy mothers since 2006 and the number who use mobile phones to go on line 348% during the same period.

“The 21st Century Mom Report,” revealed that, in addition to bigger trends shaping motherhood such as comfort with technology and increasing eco-friendliness, becoming a mother is a huge, life-stage transformation that alters a woman’s lifetime purchasing behavior and criteria and triggers a significant re-evaluation of products and brands.

For example:

• 85% of moms say having a baby changed their purchasing habits.

• 73% say it changed their purchasing criteria.
• 62% say it changed the brands they purchase.

Before having children, BabyCenter said that women are most concerned about product and service quality, features, and design.

After becoming mothers, they are much more likely to shop based on safety, quality, and price.

Some of the other interesting stats to come out of the survey include:

Social Mom: Social media is mass media.

• The number of moms who use social media regularly (e.g. Facebook, MySpace, BabyCenter Community) has significantly increased from 11% to 63% since 2006; a change of 462%.
• More than four in 10 (44%) percent use social media for word-of-mouth recomendations on brands and products and 73% feel they find trustworthy information about products and services through online communities focused on their specific interests such as parenting.
• Moms tend to use mass-reach networks for socializing and entertainment and content-rich environments, while using mom-centric communities to get information and advice from other moms going through the same experiences at a given time.

So, there you have it, if you as a company or individual business operator have not yet embraced the power of social media marketing to engage the online community, it’s about time you gave it serious thought.

If you are interested in reading the full report, click here to visit the company’s web site or to read more about creating a social media strategy visit social media is about engagement & Do Traditional Marketing rules apply to social media .

Back in December of last year I wrote a post on the future of the Internet in 2020, and in that post one of the predictions was that mobile devices would be the primary connection tool to the Internet and social media for most people. Well I thought I’d revisit the progress of that statement and look at if the mobile device is in fact having any impact on searching trends.

Some new research from a company in the US SRG, has found the mobile phone is displacing the PC among US women in terms of usage – especially in the 12-24 age group, the survey has found that young women spend twice as much time with their cell phones as women over age 40.

The survey also revealed that more than 80% of US women now use a wireless device and 17% use a smartphone, such as an iPhone, BlackBerry or models from HTC, Samsung, LG or similar. Among those in the 12-24 and 25-39 age groups,  smartphone ownership is now 23%. In contrast 11% of women ages 40+ own a smartphone.

When asked about the top benefits of owning a smartphone, the top answers among women were convenience, the ability to send texts and email, and access to social media online.

When asked what technology had the most impact on their life in the past two years, women overall picked the internet, followed by the PC/computer, and cell/wireless in a distant third spot. This changed amongst young women, where a wireless device took the #1 spot:

Technology with the most impact on my life

So how does that impact on how they use social media?

The study found that more mobile usage and smartphone ownership is enabling women to bypass the traditional PC to upload their pictures to social media sites:

• Nearly 74% of 12-24 year-olds say they have taken a photo with their cell phone in the past month.
• Young women are twice as likely have used the internet browser on their cell phone in the past month.
• 22% of 12-24 year-olds used their mobile device to access Facebook, MySpace or Twitter in the past month, making them four times as likely as older women to have accessed social media such as a Facebook profile or MySpace page on their mobile phone.

From that research and the upward trend of smart phone usage, particularly amongst women, who are the bigger users of social media, you don’t need to be Einstein to work out that the smart phone will be the primary connection tool for the Internet and social media online well before 2020.

I would love to hear your thoughts on this, so please leave me a comment on this post.

Ever wondered how entrenched the mobile phone is in our society, and where people use their mobile phone? It has become an essential part of a real estate agents operating tools and most would feel naked without theirs hanging on their belt or in a  handbag. A new survey released has looked at the usage of mobile phones in Australia and the results are very interesting. For instance, in what strange places do you use your mobile phone? the survey found that 1 in every 2 Australians uses a mobile phone on the toilet, that computes to 48% of the population, small when compared to 66% of Chinese people who say they take it into the toilet with them,well it is a good place to do your business, I suppose. 

If you live in Melbourne, your partner is more likely to go through your text and phone messages than those living in Sydney. The survey commissioned by Microsoft and was conducted across Australia, China, Taiwan, India and Japan. The full story can be read here http://www.dnaindia.com/report.asp?newsid=1222736

Looking at this in a little more depth, the future development of the internet as predicted in my post The Future of the Internet – 2020 and Beyond  is the prediction that a mobile device will be the primary connection tool to the internet for most people, and with new real estate applications becoming available for both the IPhone and smart phone platforms, it is not hard to believe that this will be an integral part of how consumers will access on line information including real estate in the future and will shape how we do business in 2020.

One of the very interesting results is that 13% of Australians said they would use their phone during extremely intimate moments. Now that one I’m not going to touch!! Na, I can’t resist, maybe they just put it on Vibrate!