Posted on February 18, 2010 at 1:02 pm by CHartman

How Agents stay relevant online

Inman News

Editor’s note: This is Part 3 of a three-part series. Read Part 1 and Part 2.

Looking for some great ideas for your business? Today’s column covers eight simple, common-sense “gems” from Real Estate Connect that can help build your real estate business in 2010.

1. Avoid this simple mistake many agents make
Have you ever visited an agent Web site with great community information, but with no reference to the city or the state? For example, if you reference “Sunny Hills” in Paris, are you referencing the “Paris” in California, Illinois, Missouri, Kentucky, Tennessee or Texas?

When you describe the market areas you serve on your site, be sure to also reference the city, state and ZIP code(s) where they’re located. Failure to provide this information means that search engines cannot accurately match your Web site with visitors who are searching in your area. If Google can’t find you, future customers probably can’t find you either.

2. Where’s your number?
Most agent Web sites have their phone number posted on their home page. Few, however, post their phone number on every page of their site. Here’s the rub: After a Web site visitor views a listing, including a virtual tour and multiple pictures, it can take a substantial amount of time to scroll back to the agent’s home page to find the agent’s phone number.

Consequently, make sure that you post your phone number on every other page of your site, preferably in the upper right-hand corner. If you don’t, that great Web site lead will probably go somewhere else.

3. Become an interesting person
In broker Paul Zweben’s session at Real Estate Connect NYC, he recommended that agents become experts on where to eat and what to do in their local area. Your goal is to stay top of mind in your potential clients’ thoughts by being an interesting person, not just a Realtor. Zweben recommends that the best way to do this is to identify with your Web visitor as a person. Be the resource that helps them find what matters to them.

4. Avoid becoming tone-deaf
The problem with much that is going on in social media is that most people are speaking without regard to who is listening. Agents need to engage with their client base to determine the challenges they’re facing. Rather than a monologue, it’s better to create a conversation based upon what people in your local market area are saying.

5. Tag your photos
Many agents post photos and videos online to market their listings. Regardless of the type of photo or video you post, be sure that you include the location, your name and address, as well as several descriptions of what the video/picture contains. A search engine cannot “read” the visual content of a picture or a photo. (Google’s search engine can convert the audio portion of a video into searchable text.)

Providing this additional data helps you to obtain better search-engine ranking. It also allows people who may be searching for your listings in your neighborhood to find your listing videos and photos more easily.

6. Include your contact information on your videos
If someone finds your listing video on a site other than your Web site, how will they know how to contact you? Approximately 40 to 50 percent of all listing videos lack the listing agent’s contact information. Regardless of whether you shoot the video yourself or hire a videographer, be sure to include your contact information in the actual video in addition to the property’s street address, city, state and ZIP code. Using this approach in conjunction with tagging will help you to improve your search results.

7. Apps are hot; Are you using the ones you already have?
Many agents feel they need to purchase new applications (apps) for their phones or computers. There are so many that it can be completely overwhelming. A great place to start is to use the built-in apps that come with your phone and/or your computer. This includes using the tools that allow you to sync your calendar, address book and other important information from your computer to your smart phone. Many associations and multiple listing services have also tailored apps to fit the needs of both agents and consumers. Take advantage of them.

8. Keep your Web site simple
People who visit your Web site are searching for three primary categories of information. They want to know what is for sale, how much their home is worth, and what’s happening in their local market. Make sure these links are prominently displayed on your home page. You can add other data, but avoid cluttering your home page with too much irrelevant content.

Dealing with all the technology changes can be overwhelming. The key point to remember is to take it one step at a time. Make the changes that are easiest for you to implement. Experiment with new technologies that attract your attention and feel like a good match for your business. Using this simple process is the best way to stay competitive and to keep your business on the cutting edge.

Bernice Ross, CEO of RealEstateCoach.com, is a national speaker, trainer and author of “Real Estate Dough: Your Recipe for Real Estate Success” and other books. You can reach her at Bernice@RealEstateCoach.com and find her on Twitter: @bross.

Posted on January 10, 2010 at 4:18 pm by WHanson

Will 2010 be a year of recovery or double-dip recession? What’s on the horizon that may change the way you do business next year? Here are the developments and personalities we’ll be watching.

1. FHA Under New Command

When the FHA announced in late September that it was hiring a chief risk officer—for the first time in the agency’s 74-year history—it was taking preventive action. The agency had seen the market share of FHA-insured mortgages grow to almost 40 percent from about 4 percent four years ago, and its new chief, David Stevens, was not taking any chances with financial safety. When the agency’s capital-to-insurance ratio had dipped below 2 percent in one of its reserve accounts, Stevens—a veteran mortgage and real estate executive who has held key posts at Wells Fargo, Freddie Mac, and Long & Foster—immediately took steps to assess and manage FHA’s risk. The government insurer hasn’t had a major technology upgrade or staff increase in more than a decade, yet demand for the FHA’s stabilizing presence continues to grow. Can Stevens meet the demand without jeopardizing safety and soundness? Given the no-nonsense steps he’s taken to shore up his agency’s credit position, the answer appears to be yes.

 

2. Bernanke’s Second Term

Ben Bernanke—appointed in September to a second four-year term as Federal Reserve chair—is nothing if not innovative. When the Federal Reserve’s conventional monetary policy tools failed to shore up mortgage lending in 2008, the Fed intervened by committing up to $1.25 trillion to purchase Fannie Mae and Freddie Mac mortgage-backed securities and another $200 billion to purchase their debt. That action is widely credited with keeping mortgage rates at historical lows and putting the brakes on a market that was at risk of free fall. Then, in another unprecedented step, Bernanke committed Fed funds to the purchase of commercial mortgage-backed securities to help thaw those credit markets, though the jury is still out on whether the agency’s commitment is big enough—and for a long enough duration—to do the job.

Read the rest of the article…..

Posted on January 6, 2010 at 4:14 pm by WHanson

Top 10 Real Estate Developments of the ‘00s

By Brian Summerfield, Online Editor, REALTOR® Magazine

Lately, it seems like everywhere I look on the Web, I find some kind of best-of list for the past decade. Not wanting us to be left out of this retrospective frenzy, I thought I’d compile my own list of the top 10 developments in real estate through the ‘00s.

Each day between now and Monday, Dec. 21, I’ll be overviewing the 10 best—and worst—things this decade had to offer for real estate professionals right here on Speaking of Real Estate. So, without further delay, here’s #10 on the list:

#10: Going Green

Back in the early 1980s, homes started to get bigger on average. By the 1990s, many builders were constructing houses so large—yet so similar—that the term “McMansion” had been coined to describe the huge structures with cookie-cutter designs that stood on quarter-acre lots across America.

Sometime early in the ‘oos, a backlash against these houses reached a critical mass due to a combination of the rise of New Urbanism, greater awareness of environmental issues, and the practical realities of the economic downturns that bookended this decade. In addition to the aesthetic revulsion these homes often provoked, the McMansions were reviled by many for being energy eaters. More than one-fifth of all energy used in the United States in 2006 was consumed by residential buildings, and these houses were a major contributor to that figure.

Nowadays, the watchwords in housing are sustainable development, small energy footprints, and green architecture. More builders are starting to use recycled materials in construction and incorporating renewable energy sources into designs—and getting the attention of consumers with these efforts.

However, the push to go green in real estate has occasionally produced a backlash of its own. For instance, many practitioners are apprehensive about overzealous energy regulations for homes, particularly with the proposed Cap and Trade bill. Also, some believe that once the economy improves, Americans will resume their big-house-lovin’ ways.

Whether the green movement in real estate is a long-term trend remains to be seen. But no one can deny that it’s been an important development in this decade.

Other Major Real Estate Developments of the Decade

1. Housing Goes Boom and Bust

2. The Fall of Fannie and Freddie

3. Government-Led Recovery

4. The Practitioner Explosion

5. Commercial Crash

6. HVCC

7. Record Lows in Mortgage Rates

8. RE.net

9. Real Estate on TV

Posted on January 4, 2010 at 4:14 pm by WHanson
Courtesy of Realtor Magazine
Products for Your Budget: 2010 Tech Wish List
Here are some of the top techs available, at budget, mid-range, and high-end price levels.

 

Choose what fits your budget:

 

 

BUDGET BUYER

The following products are available for less than $250.

 

Blog

Multiple platforms

FREE

 

A blog costs little, except your time. Solutions like Blogger, TypePad, and Wordpress make it easy to get started. Even if you opt for a fee-based premium plan, blogging is an investment in your career. It can enhance your reputation, demonstrate your expertise and improve search engine placement. If you do plan to blog in 2010, approach it as a year-long resolution.      

 

Smartphone

Curve 8530

Available through Verizon Wireless for $99, after rebate, with a two-year service contract

 

Blackberry’s new Curve 8530 is one of several models that make it easy and affordable to get started with a smartphone. Running the Blackberry OS, the 3G Curve 8530 has built-in WiFi, GPS, and a 2-megapixel camera with digital zoom and video capabilities. There’s also a mini-QWERTY keypad and microSD memory card slot.

 

USB Camcorder

Flip Ultra

$149; HD version available for $199

 

The Flip Ultra is an easy-to-use, inexpensive solution for posting video tours and testimonials. With 4 GB of internal flash memory, it can record up to two hours of video at 640×480 resolution. The Flip has a USB connector and FlipShare software for formatting, editing, and uploading video to a computer and the Web.

        

Printer

Epson WorkForce 1100

$199

 

Prices have come way down, so you can get a lot more printer for your money now. Case in point: Epson WorkForce 1100. Maximum print size for this color inkjet is 13×19 inches, big enough for quick signs on the fly. To reduce consumables, it has separate ink cartridges for each color. Maximum print speed for standard sized pages is rated 30 pages per minute (ppm) black, 17 ppm color; and 13 ppm black, 5.5 ppm color in its laser-quality mode.

 

Cameraphone

Memoir T929

$199 through T-Mobile, with service contract

 

At this writing, Samsung’s 8-megapixel Memoir T929 is one the highest resolution cameraphones available, but that will surely change as the year progresses. If you don’t need a true smartphone, consider something like this full-featured product with GPS for your communications and photography needs. Specs include 16x digital zoom and built-in flash.

 

 

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MID-RANGE BUYER

Here are a few solutions you can find between $250 and $750.

 

Smartphone

iPhone

$299 with two-year service contract from AT&T

 

Apple’s iPhone set the bar in the smartphone sector, and it’s on many practitioner wish lists. The top-of the line 32 GB iPhone 3GS has a 3-megapixel digital camera/camcorder, touchscreen interface, voice control of phone and iPod functions, and built-in GPS with an integrated maps application. It runs on the iPhone operating system and is compatible with thousands of software apps.

 

Scanner

Snapscan s300

$329

 

Fujitsu’s Snapscan s300 gives mobile real estate professionals seeking an easy solution for converting printed forms and contracts to PDFs for sharing by e-mail. This compact mobile scanner converts two-sided printed documents to searchable PDFs at speeds up to eight pages per minute. It can also scan business cards and export the info to Outlook and other contact management systems.

 

Netbook

Mini 1101

$329

 

HP’s entry Mini 1101 delivers the compact size and connectivity that make this growing class of mini PCs increasingly popular. It has the 1.6 GHz Intel Atom processor, 2 GB of RAM, a 10-inch screen, integrated webcam, mobile broadband, WiFi b/g, and Bluetooth adapter.

 

Picture Projector

S1000pj

$429

 

Nikon’s new S1000pj boasts one feature technology that will hopefully find its way into other handheld devices this year, including smartphones. Built into the camera is a video projector system to display images and video at sizes ranging from 5 to 40 inches, on any surface. It’s also a serviceable compact camera, with a 12.1MP sensor, 5x wide-angle optical zoom lens, and a 2.7-inch LCD.

 

Desktop Computer

ThinkCentre A70z

$499

 

Lenovo’s all-in-one computer, the ThinkCentre A70z, claims less space on your desktop without sacrificing performance or features. Just 2.4-inches thick, it has a 19-inch screen for mounting on the desk or wall. The basic configuration has an Intel Celeron processor, DVD player and hard drive, with optional WiFi and webcam.

 

Multi-Function Machine

imageClass MF8350Cdn

$699

 

Step up to a color laser printer for the home or office with Canon’s network-ready imageClass MF8350Cdn. The desktop-sized printer/copier/scanner/fax measures 17×19 inches. Speed is rated 21 pages per minute when printing black or color, and it can handle two-sided printing, copying, and faxing.

      

  

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HIGH-END BUYER

The following products cost more than $750.

 

Camera/Camcorder

Lumix DMC-GF1

$899 in kit with one lens

 

Panasonic’s Lumix DMC-GF1 is one of the new breed of compact digital single-lens reflex (SLRs) cameras that can double as a high-resolution camera or HD video recorder. As a camera, it has a 12.1-megapixel sensor, built-in flash, three-inch LCD, and settings for point-and-shoot implicity or full creative control. There’s a dedicated video button, and several recording formats, including HD 1280×720 video.

 

Enhanced GPS

Eclipse AVN726E

$1,299

 

If you want a permanent solution for mobile navigation and entertainment, an in-dash system like the Eclipse AVN726E may be a good fit. It’s a full-featured GPS system with a 7-inch touchscreen and voice prompts. It’s also an AM/FM receiver with built-in DVD player and an input jack for direct connection to an iPod.

 

Mobile Workstation

Covet M6500

$2,749 for basic configuration

 

Dell’s new Covet M6500 workstation is designed to be the only computer the mobile professional needs. With Windows 7 Professional installed, it has an Intel Quad Core 1.6GHz processor, 2GB RAM expandable to 16GB, a 160GB hard drive, 17-inch screen, media bay with DVD recorder, and a Dell WiFi mini card for wireless networking.

 

 

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Learn More: 2010 Tech Wish List  ׀  Shopping Glossary  ׀  What Others Want

 

 

Michael Antoniak is a journalist and technology expert with a focus on real estate applications. Antoniak also writes about real estate technology at his blog, RealTechTools. He can be contacted at antoniak@dtccom.net.

Posted on December 4, 2009 at 3:56 pm by CHartman

Google is making a new move to lower language barriers, offering the ability to translate search results from one language to another.

The search giant is in the process of adding the feature to the “show options” button that shows at the top of search results page. “We’ve offered this feature in Google Translate for a while, but now we’re integrating it fully into Google search, making it easier for you to find and read results from pages across the web, even if they weren’t written in a language you speak,” said Maureen Heymans, the project’s technical leader, and Jeff Chin, its product manager, in a blog post.

Clicking the option can dramatically change the results you see. For example, my ordinary search for “Taipei Museum of Fine Art” produced mostly English-language results. The translated results, though, featured Chinese Web sites with a different perspective (see the result below). Among other things, there was a Chinese Wikipedia entry–also conveniently translated by Google when I clicked the link–where there is none written in English.

Clicking the 'show options' button at the top of Google search results adds a 'translated search' option to show native-language search results translated into your own language.

Clicking the ’show options’ button at the top of Google search results adds a ‘translated search’ option to show native-language search results translated into your own language.

(Credit: Screenshot by Stephen Shankland/CNET)

Translation is an obvious tool in Google’s mission to organize the world’s information and make it universally accessible, but it’s not technologically easy. The company applies its large-scale data-processing methods to the task, with machine-learning algorithms that compare the same passages of text in different languages.

Language is at the heart of information transfer among humans. And because so much of Google’s effort to understand the Web is based on what people are saying, it’s got to be a central focus at the company. With automated captioning of speech in YouTube videos, transcribed voice mail in Google Voice, and the combination of speech recognition and machine speech in the phone-based Google 411 service, Google is understanding speech as well as text, too.

The end result of all this speech and language work is that Google, a company dominated by massive data centers, numeric analysis, and engineering, is one of the best at offering a human touch.

It’s now got the ability to translate among dozens of pairs of languages in an ever-growing matrix of combinations. For example, “automobile” in Croatian translates to “karozzi” in Maltese. Or at least Google Translate assures me.

Google already has been adding translated results to search pages in several languages through a program called Cross Language Information Retrieval (CLIR). For example, a Google search in Russian for Tony Blair’s biography will present an option, in Russian and located at the bottom of the search results page, to search pages written in English. Clicking on a link then translates the English page into Russian.

Google has greater ambitions yet in translation.

“We will eventually do 100 by 100 languages, to take this set of languages and convert to another,” Google Chief Executive Eric Schmidt said in a 2008 talk. “That alone will have a phenomenal impact on an open society.”

Google’s dictionary
When it comes to word comprehension, Google has long offered a feature I use two or three times a week to find word definitions. In the Google search bar, you can type “define:disinterested” and “define:uninterested” to compare the two words’ meanings.

That feature only provides links to outside sources, though. Now Google is offering its own dictionary, a move noted by the Los Angeles Times. For a comparison of the dictionary and “define:” results, check the illustrations below.

Google's dictionary offers definitions, pronunciation, synonyms, images, and more.

Google’s dictionary offers definitions, pronunciation, synonyms, images, and more.

(Credit: Screenshot by Stephen Shankland/CNET)

No doubt this will cause some indigestion at sites such as Merriam-Webster.com, Ask.com’s Dictionary.com, and perhaps Wiktionary. Unlike those first two, Google doesn’t–at least yet–show ads on its dictionary results.

The Google dictionary offers synonyms and in some cases images drawn from around the Web. That can produce some indifferent results. One of the two pictures I got for a Google dictionary search for “pismire” was a black-and-white cartoon drawing of three ants.

If the dictionary doesn’t have any of its own results, it shows what the “define:” operator produces. If there is a Google entry, those results are shown below. Because that can often veer away from just the basics of definitions and pronunciation, the dictionary feature sometimes functions somewhat like an encyclopedia, or at least as a referrer to encyclopedia-like content elsewhere on the Web. That’s been done in traditional dictionaries, too, that have entries to describe things like “Bergen-Belsen” specifically and not just define “concentration camp.”

Google’s logophilia
A close understanding of words is related to many parts of Google operations.

Spell checking, a useful if imperfect service computers offer, also is beginning to arrive in the world of Web-based applications. For example, Google has touted the spell-check abilities of its Google Wave service.

Understanding synonyms is relevant to both translation and dictionary results, but perhaps more significantly for Google, it’s part of the underlying processing that interprets what people mean in their search queries.

Note also that Google can translate Gmail subject lines. The world abounds with language barriers, but Google has significantly lowered many of them.

The 'define:' operator in ordinary Google search already could show links to others' definitions.

The ‘define:’ operator in ordinary Google search already could show links to others’ definitions.

(Credit: Screenshot by Stephen Shankland/CNET)

Posted on October 8, 2009 at 9:24 am by WHanson

Another good read from the pages of LORE….

Recruiting a Younger Generation

Tips for hiring Gen-X and Gen-Y

Recruiting is hard work. “You can occasionally pluck the seasoned, successful sales associate from a different company but there has to be a reason for that person to leave,” says John Downey, executive vice president of Coco Early Associates in Massachusetts and New Hampshire. In addition, the ever-changing market is requiring sales associates to be more and more tech savvy in order to meet the needs of the next buying generation.

That’s why Downey’s brokerage decided to make a shift to recruiting younger professionals, in addition to seasoned agents. The company currently has six 20-something sales associates. “This is the best possible time to become a real estate professional as you’re forced to work hard and truly build a network that will keep you going,” says Downey.

Posted on October 6, 2009 at 12:04 pm by WHanson

If you haven’t been to the YPN Lounge, this is one of many excellent posts:

Does Social Networking Result in More Closings?

By Drew Burks

Drew Burks

Drew Burks

Facebook, Twitter, YouTube, and Blogging …

I get asked this question all the time: “Can I really close more business using social networking sites like Facebook, Twitter, YouTube, and a blog?”

The answer is YES!

I know that many are skeptical, so I interviewed quite a few REALTORS® to find out what their experience has been over the past year. The evidence is in…

But before we get to the results, I want to answer another question that I frequently get from REALTORS®:  “Do I need to be active on all of these sites and how do they integrate with one another?”

The answer is YES!

We are experiencing a fundamental shift in the way we communicate and you need to be capable of communicating with the consumer via their preferred method if you want to survive in today’s business environment.

Your blog is the foundation of your online presence — the destination — and social network sites are like the roads and freeways leading back to your destination.

On to the results:

Read the rest of the Blog….

Posted on October 5, 2009 at 11:58 am by WHanson

Some obvious points, but a good reminder:

How to Get the Most Out of Craigslist
Josh Schoenly, who blogs about real estate investments and operates Capitol City Investments in southeastern Pennsylvania, says Craigslist.com helps generate quality leads for his business.

Here are his six steps to getting the most out of Craigslist as a low/no-cost marketing tool:

  • Create an account. If you don’t already have an account (you don’t have to have one to post), sign up.
  • Pick your campaign. Decide what kinds of leads you want to generate. For instance, first-time home buyers, or buyers in a certain school district, or luxury-home buyers.
  • Create your campaign. Create several ads to post and generate traffic. Craigslist won’t let you post the same ad over and over. So in order to post frequently, you need several posting options. Design the ads so they send consistent traffic to your landing page or to your e-mail or phone.
  • Put it to work. Post the ads at least twice daily during the week and once on weekend days. Don’t post early in the morning because the ads will fall to the bottom of the list quickly. Be consistent about posting. If you don’t have time, assign it to an assistant or hire your children.
  • Follow up. Collect e-mail, phone numbers, or both, and follow up with something attractive like a free list of homes new to the market or recent foreclosures. Send out a new bonus list once a week. Other free offers could income teleseminars, home tours, or group open houses. The trick is to find something that will motivate buyers and/or sellers to work with you.
  • Track and tweak. Track the results and see if you can improve them by identifying which ads generate the most e-mail and result in the most sales.

Source: RISMedia, Josh Schoenly (09/25/2009)

Posted on September 24, 2009 at 8:36 am by WHanson

Great article from the pages of LORE……….

 

 

A Day in the Life of a Gen X Real Estate Professional

Blackberry—check. Texting furiously—check. Mobile office—check. Welcome to the world of the Gen X and Gen Y real estate professional.

The young professionals are rarely seen without a Blackberry Smartphone in hand. They have an office, but spend most of their days on the move. Grounded in technology, they communicate with hundreds of other 20- and 30-somethings every day via text messages. They use virtual faxes and the Internet to negotiate contracts. They are the new breed of real estate professionals and they specifically entered real estate with one goal—turning it into a lifetime career.

Posted on September 9, 2009 at 8:33 am by WHanson

A good read from the pages of RISMedia……..

RISMEDIA, September 9, 2009—As you try to make your site the “go to” site for real estate in your marketplace, you continually try to improve it. All the experts tell you to add every possible piece of information that a possible client might want. Before long, you’ve got links to schools, businesses and maps all adding to your content. You’ve got RSS feeds, IDX from all sorts of MLSs, a blog and social networking galore. Why, you’ve even got Aunt Maude’s family Chocolate Chip Cookie recipe on there somewhere. Still, nothing happens. Your site brings you no leads. And so you “learn” that the Internet doesn’t work.

Read more: http://rismedia.com/2009-09-08/online-marketing-content-is-not-king/#ixzz0Qc0MxUil