Online Real Estate Technology

The federal LNP party is planning to crack down on their party candidates in Queensland using social media sites because they can’t control the content that their members are posting on sites such as Facebook and Twitter. The plan by the federal arm of the party is to provide their candidates with party monitored fan pages so that any inappropriate content can be filtered or removed.

Social media sites are just that social, they allow the owners of the pages to post comment or content on any subject they want without censorship or control, and it is these last two that get most small businesses in trouble. The LNP’s decision is to me, closing the stable door after the horse has well and truly bolted.

The policies and procedures on how the party and it’s public office members interact with social media sites such as Facebook and Twitter, should have been put in place a long time ago and the party should have employed a well thought out strategy to do just this.

Trying to censor their members after they’ve been allowed to have a free reign is going to be very difficult for them, as it seems it is now, with several of their high profile politicians defying the ruling and some asking for exemptions. Wouldn’t it have been so easy to put these rules in place before they started on social media? I think so.

I know from talking to so many business owners their greatest fears in using social media are the lack of privacy, and control over the content that is published about their business. Setting up your policies and procedures manual and creating the rules around who will manage, monitor and administer your social media strategy should be one of the first strategies implemented.

No point in following the LNP and doing it after the event.

Once the rules have been put in place it is a lot easier to monitor the content, what is posted on sites and how to engage your community to build loyalty for your business. Remember though, social media is about openness and engaging your community in your business, censoring the information you post on sites to the point of being down right boring, will not help you in tapping into the social media community.

Social media has a very large voice, and you need to  make sure the message you are shouting about is the one you really want your customers to know about, so before you start getting too deep into your Facebook page or your Twitter account, make sure you know what the rules of engagement are.

Make sure that all staff who are part of your online strategy, are trained on what is acceptable content and what is not, before they get access to your sites.

Setting the rules early will help you control the very powerful tool social media is and will also allow you to breathe a little easier.

Remember, set up the rules before you start, trying to do it after the damage has been done can be a very costly mistake for you and your business.

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.

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.

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.

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.   

One thing that has really annoyed me over the past few months is the amount of spam I’ve been receiving via social media sites I’m a member of. I’m sure you know the sort of spam I mean, “Click here to earn a million dollars”, “A friend of mine just found the secret to Internet marketing and you can too thanks to me”, all that kind of rubbish.

Then there’s the Twitter spammers, spamming Twitter with all sorts of offers, promising to increase your followers by a 1000%, and then when you’re hooked, along comes the crunch, it’ll only cost you $99:95 for this amazing strategy.

Then if you sign up for these fantastic once in a life time offers, you get suckered, they will never ever leave you alone again, everyday getting email after email offering amazing deals only available to you.

The reality of this, is that if a deal sounds to good to be true, it probably is and a lot of the testimonials used are fake, just there to get your money, so my advice to you is give them the big heave ho.

So what is the point of this article? I want to assure you that you don’t need all of these quick paths to fame and fortune on social media, you’ll achieve great results by providing good quality content and information by becoming a trusted adviser. There is no quick fix on this and the followers you will gain by using these spam sites is rubbish, so don’t waste your money.

What you want to do with your social media network is generate referrals, and turn those  referrals into business. Clients come from referrals and often those referrals originate from friendships we’ve made via social media sites, so there are ways to do it right and generate long term relationships via social media, not by spamming people. For example I’ve allowed my Twitter following to build organically and I get new followers every day, why, because I only Tweet when I’ve something to say, I always try and provide good quality information that is of use to them in business and I’ve never ever participated in spam.

So what are some of networking things you can do to avoid being considered a spammer and become a trusted adviser.

Don’t sell me before you get to know me – Build rapport and trust before trying to sell me your product.

Don’t spam your friends or followers – We don’t like it, it’s annoying and it just makes you not want to support your product or service.

Don’t play the numbers game – Allow your follower numbers to build organically by providing good content and networking, who cares about huge numbers of followers if they never connect with you. A small loyal band of supporters will do me thanks.

Don’t be a faker – We can all see through you, don’t have a hidden agenda be honest and up front. If you are a fake, you’ll go on my spam blacklist forever, no second chance here.

Don’t ignore people - It only takes a moment to communicate with your followers

Take time to get to know me – Spend some time with me and get to know me, then I’ll be open to your product or service, but I don’t wnat it rammed down my throat every second of every day

Treat me with respect - I’m here to follow you and get advice, give me some good staff and I’ll think you’re a guru.

Ok, there endeth the lecture, so now I’ve got that off my chest I feel better, and hopefully given you some advice, particularly those of you who haven’t yet got into social media but are thinking of starting your strategy.

Remember it takes time and effort to build loyalty and create friendships, there are no quick fixes not even by spam, but in the end,all your efforts will be worth it.

Mike Andrew owns and operates an Internet Marketing Consultancy on the Gold Coast in Queensland

If you’re a real estate agent or small business owner just getting into a social media strategy, or already using social media networks such as Facebook and you haven’t yet created a Facebook brand page, then go and create one right now. They are an excellent way of promoting your brand not only to others on Facebook, but also promoting your brand or product via Facebook adds.

If you are considering using Facebook adds or any form of on line advertising then it’s important to understand the searching and viewing habits of the audience you’re trying to impact. Social media sites are changing the way we search on line, and as marketers, relying on this information and understanding where and how your audience views or searches for information on social media sites is vital.

So which are the best days to run your adds or banners, and which days generate the best click thru rates for advertisers? Some new research out today helps shed some light on this and I’ve detailed some of the results for you.

Content posted on Facebook based brand pages has a higher than average click thru rate on a Tuesday, the average click thru rate on Tuesday is 9.89%, the highest of any day. Wednesday follows closely behind with click rates of 9.87%.

Friday and Saturday had the lowest click rates with a very measly 2.67% on Friday and 2.7% on Saturdays. If you  take all the days into account, click thrus for Facebook brand pages average 6.76%. This average is lower than Sunday, Monday, Tuesday and Wednesday, but still much higher than average CTRs for display advertising across social networks in general, including Facebook itself.

So really what this research means, is that certain days of the week are better for launching a product promotion, and by really understanding how consumers use social media sites, you and your company can start to target where you’ll get the best return on your investment.

In a nut shell, you really need to have a well thought out communication strategy for updating your Facebook brand page, and an understanding of when to create promotions to get optimum response.

Response to your marketing on social media sites is better early in the week then dwindles and picks up again on Sundays.

What I’ll cover for you in the next post on this subject, are results of the latest eye tracking study on social media pages, where are users eyes focused when viewing these pages and how does it differ from other web page viewing.

This has an impact when you’re deciding to use advertising on social sites such as Facebook etc, does your target market actually look at the adds? I’m sure you’ll find that an interesting read.

About the data:The sample data reported is compiled from nearly 200 million fans impressions on Facebook pages over a five-month period (March – August 2009).

For some time now I’ve been using my social media network as my on line CV, suggesting to prospective clients and others I work with “to check me out on line and Google me” if they’d like to know more about what I do and a number of times this has been very effective for me and has led to new clients and speaking engagements on using social media to drive new business .

By using this method I’ve found it really gives them a good understanding of what I do, and of course, when it comes to working with them on a web campaign or social media strategy they have a clear understanding of what can be achieved. I’ve effectively replaced the old style paper resume with a new generation concept, and once they do a search on me they see all the web sites I own, articles I’ve written and those that have been syndicated and can see my area of expertise far better than I could explain or show on paper.

There is however a down side to all of this, and that’s why your on line presence or social network needs to managed very carefully and you need to be really aware of what information you put on line on your Facebook or Myspace page, as those photos, words or comments can really come back and bite you big time!!

Job seekers today are being urged to manage their on line footprint very carefully, because a recent report by Viacom in the UK, found that 1 in 5 employers had researched social networking sites and found personal information about prospective employees, and 59% said it had influenced their recruitment decision.

Amongst the reasons given for not employing people they had researched on the net, were and I quote, “His MySpace website showed a negative side to him including excessive alcohol abuse and disrespect for his job’ and ‘We found that the candidate was on the local police wanted list.’ The report also found that we as users of social media sites are leaving significant footprints of personal information on the web, as we use blogging sites, social networking sites etc.

The spread of people posting personal information on the web is not limited to younger generations though, with 31% of all internet users leaving personal information, which is searchable by anyone, on the web. However, the biggest group of information providers are in the age group 18-24, with just under half of those questioned for this survey, posting personal information on Facebook, MySpace and Youtube. The biggest concern to come out of this survey though, is that over 54% of the 18 to 24 year olds questioned during this research,responded that someone other than themselves, had posted photos, information and comments about them without their approval.

So, with the rise of search engines such as Google and Yahoo, be aware that employers are never more than a click away from getting information about you the job seeker, and of course, the same is true for companies, as job seekers are able to research information about prospective employers, so this is really a two way street.

The upshot of all of this is that you really need to think very carefully about the information you put on social network sites and you need to protect your name or brand. Your on line reputation is so vitally important today that you can’t afford to neglect it.

I’d love to hear your thoughts on this post, or even if you’ve experienced this problem yourself, so please leave me a comment.