Category Archives: Real Estate

Getting the hottest news with RSS – Part 2

In my prior post about RSS, we introduced the concept of RSS and RSS readers.  Hopefully, you have had a chance to look at the Google Reader, and perhaps you are starting to develop an interesting list of subscriptions.  In this post we will look at some business possibilities for your RSS subscriptions:

Personal knowledge

Want to sound like you know what you are talking about in a discussion of current events?  Want an edge in a debate about industry specific topics.  Want to share what the thought leaders are talking about or  be the person who always has the most interesting stories?  Have that knowledge served up to you 24/7 – just subscribe to the right stuff.

Here are a few examples:

Interesting and unusual  stories:  Try MentalFloss, The Smoking Gun, Neatorama, and LifeHacker.

Keep up with the thought leaders:  Brian Solis, Chris Brogan, and Seth Godin, just to name a few.

News (local to worldwide) :  From Fox to Al Jazeera, you can subscribe to any spin on the news that interests you.  Just Google what you are looking for

Profession Specific:  In my case, it’s Real Estate:  Check out some of the better and more famous real estate bloggers:  Jim Klinge, Missy Caulk,  and Tom Royce,  to learn about good real estate blogging.  Check  Agent Genius,  Agency Logic and Housing Wire for real estate news.   Search [your profession] +[ blogs]  (without brackets) to get started with a list for your industry.

Technology:  Tech Crunch and Mashable.

Get the picture?  There are millions of feeds out there.  Don’t just use my example list.  Always be on the lookout for good content.   One great source is the links posted by your Twitter and Facebook friends. Continue reading

Have some fun with your Facebook business page

More and more  small and sole proprietor businesses are realizing the importance of a presence on Facebook through a Facebook business page.  Those who create pages want to  induce “likes” to raise their status, their credibility, and to get their message out to as many people as possible -because everyone just loves to hear you go on about how cool you are and how good your business is to work with, right?   Well, people who really really like you personally may be willing to spend their valuable time visiting your Facebook page, see a continuous stream of self-promotion and advertisements.      Funny thing about social media and Facebook, it’s as easy for your Likers to un-like you as it was to like you in the first place.

For small business, social media is about 2-way communication, engagement, not advertising.  People who are likely to be active in social media do not want to be advertised to.   So how do you do a  business page that is engaging,  yet still lets people know about your business?  Simple.  Make it interesting.  Sorry to break it to you, but your real estate listings, the number of new clients you added this month, or tedious stats about your industry don’t interest me.  And when you think about it they don’t interest very many others except your relatives, raving fans, or folks that have lots of time on their hands.  So why not do a few things to make your business page more interesting:

Remember that Content is King

Share some interesting stories on your business page

  1. Unusual and wacky stuff: Everyone likes a bit of humor and weird stuff periodically.  Visit Mental Floss and NeatORama for unusual content
  2. Pass along some wisdom from the gurus:  Seth Godin and Chris Brogan are interesting, but there are many others.
  3. Local news and happenings:   your local newspaper, TV stations,  radio stations, and chamber of commerce all have websites.  Post interesting local content: interesting events, places to go, etc.

Add some pictures and videos

  1. Always have a camera and compact video camera with you.
  2. Post some pictures that have general interest to your target audience- maybe  neighborhood activities, or the opening of the new Wal-mart,  one of your interesting clients in real life, and a few irresistible samples of your work..
  3. Video can be fun.  If your business is locally oriented, do some neighborhood tours with commentary through the windshield of your car (usually best to have someone else drive for you); video neighborhood and community events, and other things that make your town unique.  Video cameras are cheap, and you can do just about anything you will need to with a Flip or Kodak Zi8

ENGAGE!!!!

Monitor your page.  Thank people for their comments on all the interesting content you have produced.  Encourage them to post something on the same theme.  Be friendly.  Be nice.  The world is watching.

Analytics

Facebook pages have incredible, free analytics called Insights. Quickly monitor demographics, likes,  and interests of your page visitors.  Are you hitting your target demographic?  What is interesting to them?   Correct as necessary.

[stextbox id=”grey” caption=”Personal Case Study”]I have 2  Facebook business pages.  One is strictly real estate; not just listings, but relevant RE news stories, local market conditions, my RE blog posts, and it has a real estate URL.   It has an average growth of <1 “liker” a day and at this writing has 678 likers.  Engagement level is virtually nil.  My other business page has listings, real estate news, market conditions, my RE blog posts, AND local news, humor, wacky news, posts from my Memphis blog, local commentary pictures of anything I think is interesting about Memphis, video of neighborhoods, events, music acts, and posts from followers of the page.  It has been up for about a quarter the time the RE page has.  It has an average growth of >10 “likers” per day and has 3180 likers.  Engagement level is quite good.  Get the message?[/stextbox]

Failure to launch exacerbated by economy

According to the Calculated Risk Blog, there is a strong  inverse relationship between the percentage of 24-34 year olds living at home vs. the under 35 homeownership rate. Economist Tom Lawler says this steep growth in grown-ups living with their parents suggests a pent up demand for housing units when the the employment picture improves. Some of that demand, of course, will be for rentals.  Let’s hope that is the reason and solution and staying at home with the parents until middle age won’t become a lasting trend.

Since the 24-34 age group makes up a significant portion of my real estate buyer business (and since my family is directly impacted by this statistic), I hope that, as the economy improves and jobs become more stable and abundant, more and more of that demographic will be willing to leave the nest.

Here is Tom Lawler’s Graph:

via Calculated Risk Blog

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