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What’s Effective in 2012 for Real Estate Marketing?
Posted by Sibet B Freides in Marketing, Real Estate Trends on January 10th, 2012
So, it’s 2012 and there are a multitude of options for marketing real estate. What should you spend your advertising dollars on? What funds allocated in your budget will offer the biggest reach, influence and return in the new media world?
ActiveRain, the largest blogging platform and professional social network in real estate, conducted a survey of 1,910 real estate professionals asking the simple question of “what is the most effective real estate marketing or advertising that you do?”
Here are some highlights from the survey results and how you can make it work for your community:
- Referrals and word of mouth were the most preferred, making up an overwhelming 26% of the responses.
- Second place was tied with 13% of responses: Blogging and traditional Direct Mail. This includes postcards, mailers, and printed newsletters.
- Next 12% of responders listed Internet Marketing as a general category. It can be assumed that this category is comprised mostly of pay-per-click ads, such as Google AdWords.
- Finally, networking received 8% of the responses. This includes partner referrals and face-to-face meetings.
Most Effective Real Estate Marketing Plans
Even in this digital age, real estate professionals continue to favor more traditional offline, hand-to-hand marketing techniques: referrals, direct mail, networking, and open houses. Blogging is viewed as an effective medium as well, but it must provide value in order to stay in that 13%.
Most Effective Real Estate Websites
Real Estate professionals polled consistently listed ActiveRain, Craigslist, Facebook, Zillow and Google as the most effective sites for their business. There were very few mentions of WordPress, though as an agency we find it to be at the top of the list for delivering valuable information and gaining a targeted audience. Noticeably absent were Trulia and Realtor.com.
What do you think? Do you agree with the poll? Is there something that works for you that the survey left off?
If you need help with your 2012 marketing plan, let us create a balanced, effective mix of traditional and new media customized for your community’s needs.
Will the Real 2012 Housing Market Prediction Please Stand Up…
Posted by Sibet B Freides in Real Estate Economics, Real Estate Trends on January 3rd, 2012
When you search for housing market predictions 2012 on Google, it returns roughly 1,650,000 results. As you start scrolling through these well-respected sites and their corresponding articles, you are left scratching your head and wondering what to believe. From gloom and doom naysayers to cheery hopefuls saying the worst is behind us, experts are heard quoting a spectrum of possible outcomes.
CBS News strongly feels that the nation’s real estate balance sheet is slowly turning around.
To further quote the positive article, the official unemployment rate dropped to 8.6 percent, even as the labor participation rate dropped to about 62 percent. But the better news is that the U-6, which is the broadest measure of unemployment, fell below 16 percent for the first time since the Great Recession started.
Of course turning around the housing market begins with well-paying jobs so that people can once again afford a mortgage and insurance premiums.
Fannie Mae chief economist feels that people will not undertake the financial obligation of homeownership until they are positive their personal financial situations are on the upswing. But according to their November National Housing Survey homeowners do believe their home value will rise at least 0.2 percent over the next year.
Another positive sign is that interest rates continue to hover at a historic low level, saving homeowners who can refinance hundreds or thousands of dollars per year.
New construction still leads the industry in the slow bounce back. There are even some markets where existing home sales are picking up as well, which benefits agents, appraisers, attorneys, and mortgage lenders.
CBS News also notes that the biggest indication that the housing market might begin to normalize is that the number of homeowners who are seriously delinquent in their loan payments is shrinking.
Does this mean the market will magically shift to normal in 2012? No, but hope remains that it will be a better year overall for real estate.
What do you think? Which news source resonates best with your own personal and professional outlook of 2012?
How Are Builders Catering to the Single Woman Buyer?
Posted by Sibet B Freides in Demographics on December 15th, 2011
Single women continue to be a major force in the real estate market, according to MSNBC and the National Association of Realtors. The demographic accounted for 20 percent of all homebuyers in the past year, whereas single men only made up 12 percent of the total.
Realtors and builders are taking notice of this trend. In new home construction, builders are putting in extras such as security features, gourmet kitchens and yards with little to no maintenance required.
What else is important to this demographic?
Safety. Industry experts also say a building’s proximity to public transit and parking factor into this equation. Late working professional women would take notice of a parking garage and controlled building entrance.
Socializing opportunities and luxury touches. Events, areas for entertaining, spa, massage room and fitness centers with all the bells and whistles are a huge draw for the savvy woman buyer.
Respect. There’s unfortunately still a perception that single women are gullible—that they can be suckered by a wily contractor. In today’s market, that’s an unfair characterization: they’re smart. They’ve done their research. They probably know more about a building’s floorplans than the salesperson.
When women buy for themselves, they are excited about turning the home into something that reflects them and who they are—this is a continuing trend that should not be ignored by builders and developers.
Luxuries Are the New Must Haves
Posted by Sibet B Freides in Real Estate Trends on December 8th, 2011
For most people, building a new home starts with a list of “must haves” and a list of luxuries that it would be nice to have.
Some new home amenities have transitioned over the years from being considered luxuries to being standard additions to today’s custom home designs. One of those amenities is a home elevator. Once thought to be an item exclusively talked about by Robin Leach, home elevators are actually becoming increasingly common for both contemporary and traditional homes.
Because of multiple levels, a home elevator would obviously allow everyone in the family access to the entire house, even after their mobility may be compromised.
What about the cost of a home elevator? When you consider that a home elevator becomes one of the most-often used elements of a new home, the investment is wise, as it will also increase the resale value of your home up to 10%. A home elevator can also help to avoid injury or damage when transporting objects from one floor to the next.
Another concern may be the space it takes to incorporate a lift or elevator into either an existing home or new home plans. Some companies have released a new option: customizable cab sizes and the ability to remotely locate its control box, eliminating the need for a machine room.
What do you think about home elevators becoming the new standard? Would it be worth the investment in your new home?





What is a Lurker?
Posted by Sibet B Freides in Social Media on December 28th, 2011
What are some reasons lurkers don’t participate?
Often they don’t think they know enough about the topic under discussion and don’t want to look foolish. They may also feel like an outsider if many of the other members know each other from a familiar place or common interest.
They may also enjoy reading your content but not feel inspired to take part in the conversation because it doesn’t really speak to them.
How do you bring lurkers out of their shell?
You can offer low-risk ways for them to participate – they won’t feel they need expertise to comment when you present polls, run contests and ask people to share their own experiences.
By tracking links and content most frequently opened you can gauge what lurkers are interested in and what is of value to them. You can even try using different styles and tones to find out what resonates with group members and inspires them to take part in conversations. Include video and photos to appeal to them visually (as long as you’re still being authentic and true to your unique voice).
How have you gotten lurkers to engage with you online? We’d love for you to share your ideas with us by commenting below or doing more than lurking on our Facebook page
Tags: Blog, comment, content, contests, contributor, forum, lurker, participation, polls, social media, Social network
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