Online Real Estate Technology

The Federal Government aims to introduce, by as soon as next year, mandatory energy star ratings for homes being sold or rented out.

Under the favoured system, vendors and landlords would have to pay about $200 to have their property assessed, with a total cost to homeowners and property investors of $1.1 billion over the next 10 years.

Housing experts said most McMansions would score very poorly on the ratings system, which would be similar to the methodology used to identify the energy efficiency of whitegoods.

Mick Fabar, director of private energy-ratings firm Green Homes Australia, said: "Through our experience with our rating tool, those two-storey McMansions would not get over zero."

There are significant financial implications for owners of these homes – and most older dwellings which are also likely to rate lowly.

Owners would need to either spend up on going green or face the prospect of a lower sale price.

A Federal Government study into a similar ACT scheme operating since 1999, which rates properties out of 10 stars, found that a 1-star difference affected selling prices by 3 per cent.

Asked whether the scheme would have a negative effect on the sale price of some homes, a spokeswoman for Climate Change and Energy Efficiency Minister Greg Combet said: "It will allow buyers and renters to better compare different properties, making it easier to identify a property which uses less energy or water and thereby save money."

But the Federal Opposition’s spokesman for climate action, environment and heritage, Greg Hunt, said such a scheme would create "enormous uncertainty".

"It could push up the cost of rent for people just when they are feeling cost-of-living pressures," Mr Hunt said.

"It’s another cost imposed on people from the Government."

The new federal system is expected to replace the Bligh Government’s so-called Sustainability Declaration which was introduced in 2009.

Under the scheme, sellers were meant to sign a form detailing their home’s energy-efficient features.

But the property industry complained the forms were too complex and buyers were not interested in the information.

Story source: www.couriermail.com.au

The Reserve Bank of Australia (RBA) has spared borrowers an interest rate rise, leaving the cash rate at 4.75 percent in a widely expected move.

The Reserve Bank last increased the overnight cash rate in November 2010 to 4.75 percent from 4.5 percent and most economists still expect a rate rise this year.

“We expect that the Reserve Bank’s decision to leave the official cash rate unchanged at 4.75% today will fuel a new trend emerging where we’re starting to see Australians saving less and borrowing more money for home loans," RateCity chief executive Damian Smith said.

Prior to the announcement the Australian Chamber of Commerce and Industry warned that an official interest rate rise today would "punch a hole" in business and consumer confidence. The chamber’s latest expectations survey, released on Monday, again highlighted the pressures businesses are facing, it said.

"We are particularly concerned about a pre-emptive rate increase, or an early increase," the chamber’s director of economics and industry policy Greg Evans told reporters in Canberra.

"That that could be very damaging and punch a hole in both business and consumer confidence."

New home sales posted their biggest monthly fall in five years in June, amid weakening confidence in the economy and worries about higher interest rates.

New house sales dropped sank 17 per cent in flood-disrupted Queensland and 10 per cent in Victoria. New South Wales saw a more modest drop of 1.8 per cent for the month.

Nationwide, new home sales slumped 8.7 per cent, seasonally adjusted, in June to about 8000 deals, according to the Housing Industry Association – JELD-WEN. June’s drop was the steepest monthly decline since May 2006 and followed a 0.2 per cent slip in May.

“Evidence is mounting that weakness in the new home sector is accelerating even with interest rates on hold,” said HIA chief economist Dr Harley Dale.

The new home sales dive is the latest sign of tough times for the housing market, with auction clearance rates in Melbourne and Sydney hovering in the 50 – 60 per cent range, down on last year.

Borrowers with variable mortgage rates will also be watching closing the Reserve Bank’s monthly interest rate meeting tomorrow, with the ANZ among banks predicting a rate rise. Most commentators, though, tip the RBA will leave its cash rate on hold.

Home prices have also fallen, posting a 2 per cent fall in the year to June, according to RP Data-Rismark.

"There has been widespread anecdotal evidence for some time that new home demand hit a wall in mid-2011 and today’s new home sales figures unfortunately confirm that situation," HIA’s Dr Dale said.

Among other states, new home sales fell 6.3 per cent in Western Australia and were flat in South Australia for June, HIA said

Source: Chris Zappone www.domain.com.au

There are a number of factors that search engines use to rank a web site, and as search engines often change the algorithms used to determine rank it can sometimes be very difficult to keep up to date.

One of the factors that Google for example uses to rank web sites is back links, or the number of incoming votes from external web sites or domains to a web site. The more votes for a web site, the higher Google and other search engines will place your web site in the SERP’s .

Other factors also come into play, the age of your domain name, the older your domain name is the better as search engines will trust your site more than a newer site, how much authority or page rank your site has, how may web pages are trying to rank in the top 10 for your keyword and even how long your domain name is registered for are all factors.

The reason back links are important, is the more votes a site has usually indicates the popularity of that site and its content with other web users. Search engines love popular sites.

It is harder to generate votes for a static web site than it is for a blog based site such as WordPress, due to the fact that most blogs are updated on a daily basis whereas most static based sites often get few or no updates.

One of the techniques that you can use to generate back links for your site is by placing comments on blogs that you either read or follow on the web. This is even better, if you can find a blog that allows for a “follow” link back to your web site.

What is a follow link? Some time ago Google invented a piece of code that can be inserted into a hyperlink that tells search engines “not to follow” that link from its place on a web page.

This essentially stops most search engines from following the link, so it effectively stops the link juice, it does not however stop the traffic from following a link on your site.

Web pages that have 100 or more links on them can be penalised by search engines and in this, read Google, so if you have a web page that features a lot of advertising links, say for example on your home page, then you could be penalised for having a lot of links, this is usually one of the tell-tale signs of a spam site.

Likewise, having no code placed in the link means that a search engine will follow the link and discover in some cases new web sites. You can also use this method if you’d like to get your web site indexed quickly in the search engines, as placing a link on a web site already in Google’s index will result in your site being indexed quickly as Google will “follow” the link.

Creating votes or back links for your web site, whether you use a blog based site or a static web site is not easy, there are some web masters who believe that the process of link building is easy, that’s because they like to use paid link building services and a quick search on the web will uncover a number of these services on the web. But you need to be very careful with buying links, Google frowns on this and will penalise your web site if it catches you doing it.

One of the ways you can build back links to your web site is by commenting on other writers or companies blogs, most of these blogs still allow follow links back to your blog, and if they happen to have a very high page rank with Google, this adds considerable SEO value to your blog.

If you have a blog and want to start building links this way, one thing you do not want to do ever, is to use automated blog commenting software, I find with my blogs, I constantly get comments that are generated by these stupid software programs.

These comments often have no relationship to my article, are blatant advertising or add nothing to the discussion and it’s very obvious that they have been generated by a software program because in most cases we humans do not speak this way.

I will delete them without a second thought as they add nothing to my blog.

So when creating your comment, always make sure that you make it relevant either to the content on the blog or the story you have been reading, if you do this, the blogger will appreciate that they have a real person taking the time to comment and you’ll always get published which includes your link.

Email remains the top choice for marketing communications among all age groups

The latest death knell for email was sounded by data in comScore’s “2010 U.S. Digital Year in Review” report, which noted a decline in time spent with web-based email among all US internet users under 55. Users ages 12 to 17, who have been most likely to drop email in favor of other online communications like social networking, had the steepest decline in usage, down 59%.

But web-based email checked at a desktop computer is only one slice of all email communications, and email represents an overwhelmingly important communications channel.

According to research from customer relationship marketing agency Merkle, 87% of internet users checked personal email daily in 2010, a number that has changed little since 2007. Among those with a separate email account for commercial email, 60% checked daily, down just 1 percentage point since 2008.

Further, social media usage is hardly taking away from email. Rather, social media users are significantly more likely than other internet users to check their email four or more times per day, and less likely to check infrequently.

Mobile access is also encouraging email users to check more often. More than half (55%) of those surveyed who had an internet-enabled mobile phone checked their personal email using their phone, and nearly two-thirds of mobile email users checked their account at least once a day.

There is some evidence that personal communications are shifting away from email, though. Messages from friends and family are taking up a smaller share of all time spent with email, while the share spent with commercial emails is rising. And the proportion of respondents spending at least 20 minutes per week with email from friends and family fell from 71% in 2009 to 66% in 2010.

But email is still a major method of communicating for the vast majority of internet users. Across all age groups, it was the top choice for receiving commercial communications. Most respondents preferred the phone for personal communication, but email was the most important online channel for communicating with friends and family among every age group except 18- to 29-year-olds, a demographic for whom email was tied with social networks.

comScore, today released The State of the Internet in Australia, which looks at the latest trends in digital consumer behavior in the market.

The findings of the report were also recently presented at a comScore-hosted industry event in Sydney. Among the report’s key findings was that Social Networking now accounts for the largest amount of total time spent online at 22 percent, an increase of 5.3 percentage points from the previous year, as social media plays an increasingly prominent role in Australians’ digital lives.

A complimentary copy of The State of the Internet in Australia can be downloaded at the following link: http://www.comscore.com/Press_Events/Presentations_Whitepapers/2011/State_of_the_Internet_in_Australia

“2010 was dynamic year for the digital media industry in Australia,” said Will Hodgman, comScore executive vice president for the Asia Pacific region. “Consumers are turning to the Internet with increasing frequency for a vast array of activities including entertainment, commerce, news & information and communication, as digital media becomes embedded in the daily lives of Australians. Look for 2011 to be another year of continued innovation and increased competition as brands vie for consumers’ attention in this rapidly fragmenting digital environment.”

Social Networking Accounts for Nearly 22 Percent of Time Spent

Social Networking accounted for 21.9 percent of Australians’ time online in December 2010, up 5.3 percentage points versus the previous year, and leading as the top online activity. Portals accounted for 19.7 percent, down nearly 10 percentage points from the previous year, while Instant Messengers accounted for 11.6 percent of time, down 7.7 percentage points, as both categories lost share to Social Networking throughout the year. Entertainment which accounted for 9.1 percent of time in 2009, increased 2 percentage points to 11.1 percent.

Additional key insights from the report include:

• In December 2010, Microsoft Sites led as the most-visited Internet property in Australia, followed by Google Sites and Facebook.com. When looking at the top sites by total minutes spent, Facebook.com assumed the #1 spot followed by Microsoft Sites and Google Sites.
• More Australians visited Retail sites compared to last year, outpacing increases in the global average. Amazon and Apple led as the most-visited retail destinations.
• Group-buying sites continued to gain traction over the past year. Cudo, an MSN property, currently leads the space with 418,000 unique visitors in December 2010.
• 3 out of 4 online users in Australia watched online video in December 2010, with an average viewer watching more than 7 hours of video during the month.
• Nearly 12 million Australians conducted an online search query in December, with an average searcher performing 115 queries. Google Sites accounted for 80 percent of searches in December.

Australia experienced one of the strongest housing markets in the world during 2010, new research shows.

But likely interest rate hikes will slow the market in 2011, the Global Real Estate Trends report predicts.

The report, released by Canada’s Scotiabank, tracked the housing markets in 12 advanced economies throughout 2010.

Home prices increased in Australia, Canada, France, Sweden, Switzerland and the United Kingdom.

They remained flat in Germany and the United States, and fell in Ireland, Italy, Japan and Spain.

Australia led the pack, thanks to relatively-low unemployment and tight housing supply.

But interest rate hikes and a cut to the first homeowners grant slowed a "red-hot" property market in 2010 to some degree, the report said.

Economist Adrienne Warren anticipates the Reserve Bank of Australia will lift interest rates by an additional 75 basis points in 2011.

Australia’s close trade ties with Asia and resource wealth would continue to underpin a solid pace of domestic activity.

"Higher interest rates will worsen already strained affordability," Ms Warren said in a statement.

Canada’s market also fared well, but was "one of the most volatile" expected to be tempered by more moderate employment and income growth in 2011.

The UK property market staged a strong early-year recovery while Germany’s decade-long housing slump also came to an end.

But it was a different story in Spain, Ireland and Italy, where the market continues to fall.

Japan’s two-decade long property slump continued in 2010, and is expected to slump further in 2011 on the back of a weaker economy.

The surprise result came from the US where the housing market stabilised.

That trend is expected to continue, with the report predicting the US Federal Reserve to maintain its record-low 0.25 per cent rate through the end of 2011.

Source: www.ninemsn.com.au

Searching the web recently keeping up with the goings on with social media, I came across an article by a self proclaimed social media guru on the subject of auto thank you messages on Twitter.

These are messages that you can send out automatically to thank someone who decides to follow you. I’ve had them programmed on my Twitter accounts for ages now and what surprised me was this guru stating in his article that if he receives one of these auto thank you messages he automatically un-follows the company or person. He says it annoys him, oh really you poor dear, I think you’re forgetting that the whole concept of social media is being social.

In my mind, it is just a polite way of acknowledging the follow and as long as the message does not contain a blatant add or sales pitch, I have no problem with these messages at all.

This guru’s belief is that common courtesy rules, apparently don’t apply to social media marketing, well he’s wrong, because I think they do and I will continue to send out my messages to those that do decide to follow me, and by chance if this social media expert is offended by this, then goodbye.

Being social and communicating and connecting with your followers is the essence of social media and I won’t decide to follow or un-follow someone because they sent me an auto thank you message.

That’s just too ridiculous for words, and I wonder if this guy is consulting to companies on social media strategy, what he is advising his clients to do, I just hope he’s not working for you.

There are a lot of instant social media experts around today, and most of them don’t really have a clue.

Decide who you are going to follow by the quality of information they are providing, how interesting and unique it is and if it is informative and relevant.

Oh and if they happen to send you a thank you message for the follow, then that’s good manners.

Remember, Focus on being social not doing social.

The average online video stream discovered on the Twitter social network is viewed for two minutes and seven seconds , according to a new study from TubeMogul, Brightcove, and DynamicLogic.

Twitter Beats Yahoo, Facebook

Comparing the average viewing time of 103,731,006 random video streams discovered on several leading social networks and search engines, “Online Video Best Practices” finds that the average video stream sourced via Twitter is viewed for two minutes and seven seconds. No other social network or search engine analyzed broke the two-minute mark.

Search engine Yahoo followed with an average viewing time of one minute and 54 seconds, closely trailed by social network Facebook with an average viewing time of one minute and 50 seconds. Search engines Google (1:27) and Bing (1:09) had significantly shorter average online video viewing times.

Online Videos Have Short Shelf Life

Analyzing the average 90-day viewing lifecycle of an online video, the study finds the average online video receives half its 90-day online view total in the first six days, and 75% in the first 20 days.

The shelf life of online videos has dropped dramatically since 2008, when it took the average online video took two weeks to get half its 90-day view total and 44 days to reach 75%.

Repurposed, Made-for-Web Ads Have Different Strengths

There is no one superior production format, it turns out; repurposed TV spots typically result in higher impact on awareness metrics, while made-for-web video content more ably persuades its viewers.

More specifically, repurposed TV ads are slightly better at raising brand awareness (affect 2% of viewers compared to 1.9%) and message association (2.2% compared to 2.1%), and affect a moderately higher percentage of viewers in terms of online ad awareness (4.7% compared to 4.3%).

Meanwhile, made-for-web ads outperform repurposed TV ads in brand favorability (1.6% compared to 1.2%) and purchase intent (1.4% compared to 0.8%).

Custom Content Boosts Purchase Intent Among 18-34-Yr-Olds

Comparing the affect of repurposed TV and made-for-web content on viewers of different ages, the study finds that purchase intent among 18-to-34-year-olds who view made-for-web content (2.8%) dwarfs purchase intent for either type of content among any age group. This percentage is more than double the next-highest purchase intent rate, 1.1% of 18-to-34-year-olds exposed to repurposed TV content.

This age group also has significantly higher online ad awareness from viewing made-for-web content (5.9%) than any other online ad awareness score, although nowhere near double the amount. The highest brand favorability score is among 35-to-49-year-olds who view made-for-web content (2%), while brand awareness is highest among 35-to-49-year-olds exposed to repurposed TV content (3.3%).

8 in 10 Marketers Using Online Video Seek Higher Engagement

Close to 80% of marketers using online video on their sites do so to increase visitor engagement, or time spent, according to other study results. This is by far the most popular reason. Another 60% use online video to strengthen their brand, and almost 60% use online video to increase overall visitors (more than one answer was permissable).

No other reason garnered as much as a 40% response rate. Approximately 30% of respondents said they use online video on their sites to increase available ad inventory.

Google admitted in a blog post Friday that external regulators have discovered that e-mails, URLs and passwords were collected and stored in a technical mishap, while the vehicles for Google’s Street View service were out documenting roadway locations.

According to Google, data was mistakenly collected in more than 30 countries, including the United States, Canada, Mexico, some of Europe, and parts of Asia.

In the blog, posted by Alan Eustace, senior vice president of engineering and research, he noted "we failed badly here" and added that Google has spent months analyzing how to strengthen their internal privacy and security practices.

"We want to delete this data as soon as possible, and I would like to apologize again for the fact that we collected it in the first place," Eustace wrote.

Google announced in May that it had collected unencrypted WiFi data by mistake through its Street View service, but the severity of the situation was unknown.

According to a Google spokesperson, the company first became aware of the problem when the Data Protection Authority in Germany asked Google to review all of the data collected through its Street View cars as part of a routine check. The spokesperson added that in addition to street locations, Street View cars also collect WiFi data about hot spots in order to improve the location database for things such as Google Maps for mobile.

When Google went back and looked at the data, it turned out that in addition to WiFi hot spots, they were mistakenly collecting information that was being sent across unencrypted networks.

For the information to have been collected by Google, a person had to have been sending something over an unencrypted network at the same time that a Street View car was collecting data in that same location.

According to Google, the vast majority of the data is in fragments, but in the past week several countries have issued reports that they have found entire emails and passwords.

The data has since been segregated and secured, and WiFi data is no longer being collected from Street View cars.

Google has deleted the data collected from Ireland, Austria, Denmark and Hong Kong, but other countries have opened their own investigations, and Google has not been given permission from authorities to delete the data.

In a statement, Connecticut Attorney General Richard Blumenthal said, "This alarming admission that Google collected entire e-mails and passwords validates and heightens our significant concerns. Our multistate investigation, led by Connecticut, into Google’s alleged invasion of privacy through wireless networks is continuing."

In the blog post, Eustace outlined the steps that Google is taking to strengthen its internal privacy and security practices including appointing a director of privacy across both engineering and product management and enhancing the core training that engineers and employees responsible for data collection receive.

"We are mortified by what happened, but confident that these changes to our processes and structure will significantly improve our internal privacy and security practices for the benefit of all our users," Eustace wrote.

Story by Marina Landis, CNN – www.cnn.com