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Real Estate Today is Consumer Oriented

30 years ago, real estate was centered around the Broker, then the focus shifted to the agent, but now it's all about the consumer.

brick by brick"The consumer is king. Case closed.  Period.  There is no going back." says Sherry Chris, CEO of Better Homes and Gardens Real Estate.

"The consumer does not care how many awards you have on your business card. They couldn't care less that you're No. 1 since 1987 in your service area. They care about the service you're going to provide (to them)."

It used to be that agents would control which properties a client looked at but now, according to Inman News columnist Andrea Bramblia, consumers come to agents with a list of homes they want to see and a plethora of information they've gleaned from the Internet. That puts consumers in the driver's seat.

"Our role as a real estate agent has changed. We used to be the gatekeepers of information, and now we're the collaborators," Chris said.

Social Media becomes a very important aspect of keeping on top of consumer oriented marketing.  You need to be part of the conversation in this new collaborative environment created by Social Media.

Video Marketing is another important medium to utilize.  The vast majority of homeowners say they are more likely to list with an agent who uses video to market properties, says Darin Persinger, founder of ProductivityJunkies.com, a real estate training company.  But, he says, less than 1 percent of agents actually do so.

"YouTube gets more than 2 billion page views a day" says Persinger," nearly double the prime-time audience of all three major networks combined."

Agents say they are reluctant to jump into video because they don't know how to do it well enough, and they don't want to look foolish.  But by focusing on good content, the video will work

Persinger recommends keeping the video short  (two minutes or less)  and focusing on subjects consumers are interested in: property tours, tours of the local community, local real estate market data, and client testimonials.

Optimize your website.  When consumers land on your website, give them as much information as you can.  Offer a free newsletter or something that will allow you to contact them again.

Bramblia offers these widgets you can add to your website to optimize consumer experience:

Top 5 content widgets:

1. Local news: twitter.com/about/resources/widgets

2. Photo and video collections: www.cooliris.com/yoursite/

3. Walkability scores: walkscore.com/services

4. Weather.com: weather.com/services/weather-gadgets

5. Translate into 50 languages: translate.google.com/translate_tools

Top 5 social widgets:

1. Share Facebook information: Facebook.com/Badges 

2. Go viral: Sharethis.com

3. Combine multiple RSS feeds in a single stream. Include content from your lender, title company, appraiser, stager, home warranty person, etc.: Rssmix.com

4. Share your Web activity: friendfeed.com

5. Allow people to come to your site and subscribe to your content: Feedburner.com

Top 5 contact widgets:

1. Online calling: Google Voice

2. Text messaging: RETechBlog.com

3. Free calling: Jaxtr.com

4. Free contact form: Zillow.com/Webtools

5. Free chatting: Zopim.com

The most important thing to remember is to get comfortable with the new technology.  Start small. Don't try everything at once. Keep it simple and do it well.

Read the full story at Inman News.

Creative Commons License photo credit: jaycoxfilm




Posted on August 25, 2011 14:30:30 by Blog Author Scott.Shields
Blog Categories Posted in Marketing

Scott.Shields
View my profile http://www.metrobrokerstv.com/real-estate-today-is-consumer-oriented

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