SlideShare a Scribd company logo
1 of 78
Download to read offline
Resourceful Marketing
   for REALTORS ®



                                      By G. Sax
                     Communications Manager
    Minneapolis Area Association of REALTORS®
The Impetus

Marketing . . . . . . . . . . . . . 59.6%

Technology . . . . . . . . . . . . 54.7%
Business Development . . . 51.1%
Marketing
The last thing you think about.
     The first thing to go.
“I ain’t got time for all that.”

I need to be selling, like, NOW!

How much is this sh*t gonna cost me?
$pend, $pend, $pend!
Design / Designer            Postage
Print / Printer              Ad Space
Photography / Photographer   Domain Name / Emails
Copy / Copywriter            Server Space for Website
Software                     Web Design
Color Printer                Staging
Scanner                      Promotional Products
Film                         Closing Gifts
Paper                        Annual Customer Party
Ink                          Cards for Special Events
Mailing lists                Meals with Clients/Contacts
Memberships                  Tickets to Events
Car / Gas                    Clothing
Not to Mention...
Signs and Riders
Continuing Education
Professional Development
Lockbox Fees
Association Dues
Ad Rates



 Not Tens or
 Hundreds,
     But
 Thousands
  of Dollars
Guiding Principle


Real Estate
 is Local
Guiding Principle

Visuals Matter
Guiding Principle




       VISUALS + DETAILS
Today in the Market
Reacting to the Now
Hyperlocality
Guiding Principle


Availability
     Distribute.
     Distribute.
     Distribute.
Ways to Use
Client Consultation
Blogs and Websites
Social Networking
We Give, You Interpret
Stay Current, Relevant
Example of Fast Sharing
Communication
Be pleasant an
               d
 clear in voice.          Good
                              phon
                          man     e
                             ner.
                s
Yo ur email ha
 a  voice, too.
                           “ummm..
                                  .”


      Spelling matters!
The Tools of Communication
 “Mobile devices”   Video
 Text               Status updates
 Website            Tweets
 e-newsletters      Networking
 Photos             Brand
 Blog
Info Hwy Congestion




             Swanepoel’s
             TREND 7
Clear the Congestion
“I don’t need a million answers.
I just want the good ones.”
                             – WebMD Ad
Embrace the Basics
The Interweb is #1!
93% of all home buyers in Minnesota used
the Internet to search for homes (87%
nationally).

The typical first-time home buyer was 28
years old. The median age of all home
buyers was 34 years old.
              2008 National Association of REALTORS®
                    Profile of Home Buyers and Sellers
                                   MINNESOTA REPORT
Embrace Free
Embrace “Free”
BLOG
Typepad | Wordpress

E-NEWSLETTER
Mad Mimi | Constant Contact | MailChimp

YOUR ASSOCIATION
MAAR | NMRA | SPAAR | MNAR | NAR
Embrace Fun
Embrace New (be picky)
Issuu.com self-publish magazines
ViralHeat.com monitor your reputation on social media
Drop.io share files that are too large to e-mail
Jimdo.com build and host a Web site at no cost
ScreenToaster.com record videos of your screen activity free
99designs.com bid out graphics projects to multiple artists
awayfind.com important emails by text
goldmail.com simple video email; voiceover ppt
getdropbox.com send large photos and files free (up to 2 GB)
Embrace Flash Drives




   Embrace Simple
a simple text
editor goes a
  long way
Embrace “Good Enough”
 craigslist    microblogging
 Flip          apps
 netbook       mp3
 Google Docs   web-based
Your Website
Should minimally have...
  Property photos and descriptions
  Searchable listings
  Current and working links
  Solid organizational structure
  Consistency across the board
  Quickness of navigation
                                   REALTOR® Magazine Online
Your Website
Don't rely on a flat website.
Tell personal stories that turn your
visitors into clients.
Be yourself.
Don't be trite. (Same for Facebook)
Don't "sell." Be cool.
Real Estate 2.0
Social Media
It’s just a tool.

It takes a strategy.

It takes active participation.

It can be whatever you want it to be.

It can be nothing at all if you want, but...
Social Media
On average, companies with high
levels of social media activity
experienced an 18% increase in
revenue in the last year.

 – American Marketing Association
Social Media




National Associaton of REALTORS® – 2009 REALTOR® Technology Report
The ex
                                               am
                                        with th ple
                                               e ring.

                                         The ex
                                                ample
                                        with th
                                               e beer.

Facebook's Growing Demographic           The ex
                                                am
                                         with th ple
                                                e IRL.
– more people to find
– aren't out as much
– love to show off kids and grandkids


    In a "face" industry,
  why wouldn't you be here?
* Tweet *
Ummm.....wow

In August 2009, Twitter drew
25 million unique visitors, up
from 2 million in August 2008.
                       – Nielsen

The technical barrier is down.
Big Potential
Magazines and newspapers talk at you
Websites talk at you electronically
Blogs talk at you electronically, you
talk back
Facebook – organized, interactive
group talk
Twitter – all of the above in 140
characters or less.
Engage

Expand your network.
Learn from others.


    Quickly and all the time.
Twitterverse
@aplusk (yawwwnnn)

@Oprah | @MarthaStewart | @TheEllenShow

@Swanepoel | @tcar | @tboard | @gsax
Twitterverse
@tboard


Saint Paul Real Estate Blog
 Blogger
 Writer
 Photographer
 REALTOR®
 And I am here
Twitterverse
@tcar


NAR Director of Social Media
 He changed relationship status to single
 He sprained his ankle
 He cut his hand opening a blister pack
 He ate Cheetos
Twitterverse
@respres


I Don’t Know What He Does
 But he is deeply involved in real estate
 He is interesting, engaging, and nice
 He is ahead of the pack on most things
 He is eloquent as hell
* Tweet *




www.mytechopinion.com/twitter-for-real-estate-twits
Social Cewebrity




Susan Boyle: 113 million impressions
          ...and counting
Social Cewebrity




    JK Wedding Entrance Dance:
36 million impressions...and counting
Case Study – Jimmy Fallon




          @jimmyfallon
 Forget Leno & Letterman. They’re old.
 Even Conan’s a Twitter hater. I’m old.
Social Reality
Chamber of Commerce Events
Community Involvement
Tweet Ups, Networking Events
Association Involvement

   YOU STILL HAVE TO
     GET OUT THERE
Social Evolution
Horses     Computers
Print      Internet
Radio      Blogs
TV         Tweets

We Change the Way
We Use These Things
Social Evolution
Millennial (Gen Y, Echo Boomer)
Born after 1980.
Already outnumber Gen X.
By 2010, will outnumber Boomers.


Do not discount their choices.
Overheard
  “Visibility is more
important than ability.
Secret agents don’t do
  a lot of business.”
Communication Touch
“Touch” now means...
  Email style, availability
  Text style, availability
  Twitter, Facebook update frequency
  Quality and weight of paper stock
  Your business cards
Business Cards
one or two sides?
gloss or no gloss?
need for email, web, other?
designations?
imagery?
photos?
Business Photos
Communication Ethics
must be truthful and accurate
company name in all marketing
teams: only “group” or “team”
company name larger than team
individual name can be larger
Communication Ethics
company website in marketing
no rules for listed phone numbers
must include name of state
listed price only price you can use

That’s all well and good, but...
My Ideal Business Card
                   Greg Sax
       gregs@mplsrealtor.com
                     @gsax


                 I often go by G. Sax
Beyond the Business Card
 Postcards & Info Boxes
 Open Houses
 Bus Benches, Billboards
 Print, Fax...Dead?
 Learn, Try, Do
 Be Creative, Have Fun
                           Be consistent.
CAN-SPAM



(Controlling the Assault of Non-Solicited Pornography And
                Marketing Act of 2003)
Communication Smell Test
               If you smell like spam,
        you're better off working for Hormel.




You must allow for opt-out.
You must provide a legitimate address.
Subject headers must be about the content.
10 days to take care of opt-out requests.
PR – Hey, It’s Like Sales!
Take initiative
Pitch to the right people
Be factual
                                  Attracting Attention
Tell a good story                REALTOR® Magazine
                        Mariwyn Evans | August 2008
Keep in contact
Be available
Say “I don’t know”
Contact: Greg Sax, Communications Manager
                                                                PR
Minneapolis Area Association of REALTORS®
gregs@mplsrealtor.com, 952.988.3123

Number of lender-mediated homes for sale drops
Q3 2009 Update to "Foreclosures and Short Sales" report released by MAAR

Minneapolis, Minnesota (November 6, 2009) – After four years of exponential growth, the number of lender-mediated properties for sale
dropped by more than 1,200 units from February 1 to April 1 of 2009. The decline is even more impressive considering that the spring
market typically sees an increase in the number of homes for sale.

Lender-mediated home values are dropping quickly, while traditional homes are fairing better. The median sales price of lender-mediated
homes in Q1 2009 was $122,900, a decrease of 21.7 percent from the same time last year. The median sales price for traditional homes was
$212,000, a drop of a quieter 3.6 percent.

For Q1 2009, 36.1 percent of new listings and 58.8 percent of closed sales were lender-mediated. Declining activity in both supply and
demand in the traditional, non-lender-mediated market, means that foreclosures and short sales will continue to hold a heavy market share
throughout 2009.

The five-page "Foreclosures and Short Sales" report for Q1 2009 can be found on the Minneapolis Area Association of REALTORS®
website at www.mplsrealtor.com and includes more analysis and an explanation of the research methodology.

Established in 1887, the Minneapolis Area Association of REALTORS® (MAAR) is the leading regional advocate and provider of
information services, research and education on the real estate industry for brokers, real estate professionals and the public. With more than
8,500 members, MAAR is one of the 25 largest local REALTOR® associations in the nation and serves the Twin Cities 13-county metro area
and western Wisconsin.

                                                                     ###
For interviews, contact Greg Sax
Communications Manager, 10K Research
gregs@10kresearch.com, 952.988.3123




The “F” Word Loses Pluck
Q3 2009 Update to "Foreclosures and Short Sales" report out now

Minneapolis, Minnesota (September 16, 2009) – After four years of exponential growth, the number of lender-mediated
properties for sale dropped by more than 1,200 units from July 1 to August 1 of 2009. The decline is even more
impressive considering that the spring market typically sees an increase in the number of homes for sale.

Lender-mediated home values are dropping quickly, while traditional homes are fairing better. The median sales price
of lender-mediated homes in Q1 2009 was $122,900, a decrease of 21.7 percent from the same time last year. The
median sales price for traditional homes was $212,000, a drop of a quieter 3.6 percent.

For Q1 2009, 36.1 percent of new listings and 58.8 percent of closed sales were lender-mediated. Declining activity in
both supply and demand in the traditional, non-lender-mediated market, means that foreclosures and short sales will
continue to hold a heavy market share throughout 2009.

The five-page "Foreclosures and Short Sales" report for Q3 2009 is online. Google “10K Research.”

                                                         ###
Attracting Media
1.   Be professional
2.   Have pizazz
3.   Be reliable and reachable
4.   Have a catchy draw-in
5.   One page news release (max)
6.   Work with your association
Brand
Brand Consistency
  Brand Identity
  Brand Ubiquity
    Brand Rethink
Brand Perception

      Advil | Ibuprofen

  Tylenol | Acetaminophen

REALTOR® | For Sale by Owner
Brand Personality
Brand Personality
the you in a suit
the you in the neighborhood
the you in the community

                     AND NOW...
the online photos of you
the Googled you
the Facebook you
the LinkedIn you
the blog you
the Twitter you
the rated you
Focus: The Rated You
Yelp! – restaurants & more
Redfin – agents
IncredibleAgents – REALTOR® created
United Airlines
Brand: Integration


     YOU
 YOUR BROKER
Brand: Case Studies




Plus Other Examples
Brand Safety
No alluring or provocative photography

Limit shared personal information

Concentrate on professional proficiency

Maintain care with new clients

                           Real Estate Safety Council’s “Safety Guide”
                                     City of Mesa, AZ, Realtytimes.com
                                Nevada County Board of REALTORS®
Bad PR?

                                              A sk m
                                                     e abo
                                                 the PH ut
                                                        X
                                               examp
                                                       le.




  “This is not a joke. Before I ever got into real
estate, I had very little respect for the profession.
   Give me a call and I'll tell you all about it.”
Bad PR?
Is now a good time to buy a home in Phoenix?
I don't know. Maybe, maybe not.
Is now a good time to sell a home in Phoenix?
I'll give you a hint —
                   maybe, maybe not.
Thank You for Your Time!

                                      By G. Sax
                     Communications Manager
    Minneapolis Area Association of REALTORS®

More Related Content

What's hot

What you need to know this week (w/c June 4 2018)
What you need to know this week (w/c June 4 2018)What you need to know this week (w/c June 4 2018)
What you need to know this week (w/c June 4 2018)Damian Radcliffe
 
A Social Media Evolution Whats Next?
A Social Media Evolution   Whats Next?A Social Media Evolution   Whats Next?
A Social Media Evolution Whats Next?Jeffrey Stewart
 
Trends with Tension 2017
Trends with Tension 2017 Trends with Tension 2017
Trends with Tension 2017 Young & Rubicam
 
The New Marketer
The New MarketerThe New Marketer
The New MarketerIdentitiLab
 
POETS AND QUANTS: HOW BRAND PEOPLE CAN LEARN TO LOVE BIG DATA
POETS AND QUANTS: HOW BRAND PEOPLE CAN LEARN TO LOVE BIG DATAPOETS AND QUANTS: HOW BRAND PEOPLE CAN LEARN TO LOVE BIG DATA
POETS AND QUANTS: HOW BRAND PEOPLE CAN LEARN TO LOVE BIG DATATom Morton
 
Advertising in 2020, tom morton's ipa talk, 24 january 2011
Advertising in 2020, tom morton's ipa talk, 24 january 2011Advertising in 2020, tom morton's ipa talk, 24 january 2011
Advertising in 2020, tom morton's ipa talk, 24 january 2011Tom Morton
 
Are You Missing 70% of Your Market?
Are You Missing 70% of Your Market?Are You Missing 70% of Your Market?
Are You Missing 70% of Your Market?Sandy Glantz
 
Friction is fiction_book_gerd_leonhard bw 2010
Friction is fiction_book_gerd_leonhard bw 2010Friction is fiction_book_gerd_leonhard bw 2010
Friction is fiction_book_gerd_leonhard bw 2010Hamdi Mokhtar
 
Imbee corporate deck
Imbee corporate deck Imbee corporate deck
Imbee corporate deck marcbrogdon
 
OgilvyRED The Future of Work by Jess Kimball Leslie
OgilvyRED The Future of Work by Jess Kimball Leslie OgilvyRED The Future of Work by Jess Kimball Leslie
OgilvyRED The Future of Work by Jess Kimball Leslie Ogilvy Consulting
 
Insight & Inspiration Snapshot
Insight & Inspiration SnapshotInsight & Inspiration Snapshot
Insight & Inspiration SnapshotLHBS
 
Tourism and Distribution - New Paradigm: ATEC, Sydney, 2007
Tourism and Distribution - New Paradigm: ATEC, Sydney,  2007Tourism and Distribution - New Paradigm: ATEC, Sydney,  2007
Tourism and Distribution - New Paradigm: ATEC, Sydney, 2007Anna Pollock
 
Jeff bezos gets it
Jeff bezos gets itJeff bezos gets it
Jeff bezos gets itSan Phan
 
Gez Daring - Building Online Communities
Gez Daring - Building Online CommunitiesGez Daring - Building Online Communities
Gez Daring - Building Online CommunitiesInBlackandWhite
 
Curiosity Stop: Innovate or Die
Curiosity Stop:  Innovate or DieCuriosity Stop:  Innovate or Die
Curiosity Stop: Innovate or DieWe Are Social
 

What's hot (20)

What you need to know this week (w/c June 4 2018)
What you need to know this week (w/c June 4 2018)What you need to know this week (w/c June 4 2018)
What you need to know this week (w/c June 4 2018)
 
A Social Media Evolution Whats Next?
A Social Media Evolution   Whats Next?A Social Media Evolution   Whats Next?
A Social Media Evolution Whats Next?
 
10 Must Do For 2010
10 Must Do For 201010 Must Do For 2010
10 Must Do For 2010
 
Trends with Tension 2017
Trends with Tension 2017 Trends with Tension 2017
Trends with Tension 2017
 
Litmus: Gender On The Net
Litmus: Gender On The NetLitmus: Gender On The Net
Litmus: Gender On The Net
 
The New Marketer
The New MarketerThe New Marketer
The New Marketer
 
DISH Network VS AMC
DISH Network VS AMCDISH Network VS AMC
DISH Network VS AMC
 
POETS AND QUANTS: HOW BRAND PEOPLE CAN LEARN TO LOVE BIG DATA
POETS AND QUANTS: HOW BRAND PEOPLE CAN LEARN TO LOVE BIG DATAPOETS AND QUANTS: HOW BRAND PEOPLE CAN LEARN TO LOVE BIG DATA
POETS AND QUANTS: HOW BRAND PEOPLE CAN LEARN TO LOVE BIG DATA
 
Advertising in 2020, tom morton's ipa talk, 24 january 2011
Advertising in 2020, tom morton's ipa talk, 24 january 2011Advertising in 2020, tom morton's ipa talk, 24 january 2011
Advertising in 2020, tom morton's ipa talk, 24 january 2011
 
Are You Missing 70% of Your Market?
Are You Missing 70% of Your Market?Are You Missing 70% of Your Market?
Are You Missing 70% of Your Market?
 
Friction is fiction_book_gerd_leonhard bw 2010
Friction is fiction_book_gerd_leonhard bw 2010Friction is fiction_book_gerd_leonhard bw 2010
Friction is fiction_book_gerd_leonhard bw 2010
 
Imbee corporate deck
Imbee corporate deck Imbee corporate deck
Imbee corporate deck
 
OgilvyRED The Future of Work by Jess Kimball Leslie
OgilvyRED The Future of Work by Jess Kimball Leslie OgilvyRED The Future of Work by Jess Kimball Leslie
OgilvyRED The Future of Work by Jess Kimball Leslie
 
Insight & Inspiration Snapshot
Insight & Inspiration SnapshotInsight & Inspiration Snapshot
Insight & Inspiration Snapshot
 
Tourism and Distribution - New Paradigm: ATEC, Sydney, 2007
Tourism and Distribution - New Paradigm: ATEC, Sydney,  2007Tourism and Distribution - New Paradigm: ATEC, Sydney,  2007
Tourism and Distribution - New Paradigm: ATEC, Sydney, 2007
 
Jeff bezos gets it
Jeff bezos gets itJeff bezos gets it
Jeff bezos gets it
 
Social media 101
Social media 101Social media 101
Social media 101
 
ICCE SOCIAL MEDIA MASTERCLASS
ICCE SOCIAL MEDIA MASTERCLASSICCE SOCIAL MEDIA MASTERCLASS
ICCE SOCIAL MEDIA MASTERCLASS
 
Gez Daring - Building Online Communities
Gez Daring - Building Online CommunitiesGez Daring - Building Online Communities
Gez Daring - Building Online Communities
 
Curiosity Stop: Innovate or Die
Curiosity Stop:  Innovate or DieCuriosity Stop:  Innovate or Die
Curiosity Stop: Innovate or Die
 

Viewers also liked

Small is Big: Controlling Media Messages About Real Estate
Small is Big: Controlling Media Messages About Real EstateSmall is Big: Controlling Media Messages About Real Estate
Small is Big: Controlling Media Messages About Real EstateGreg Sax
 
Show Don't Tell: Localized Market Metrics Done Right
Show Don't Tell: Localized Market Metrics Done RightShow Don't Tell: Localized Market Metrics Done Right
Show Don't Tell: Localized Market Metrics Done RightGreg Sax
 
Real Estate BarCamp Indiana
Real Estate BarCamp IndianaReal Estate BarCamp Indiana
Real Estate BarCamp IndianaGreg Sax
 
Calendar P7 - S1
Calendar P7 - S1Calendar P7 - S1
Calendar P7 - S1052adavies
 
Inequality: Income vs. consumption
Inequality: Income vs. consumptionInequality: Income vs. consumption
Inequality: Income vs. consumptionAEI
 
Balanço patrimonial 2
Balanço patrimonial 2Balanço patrimonial 2
Balanço patrimonial 2aalpere
 

Viewers also liked (7)

Artigo Cientifico
Artigo CientificoArtigo Cientifico
Artigo Cientifico
 
Small is Big: Controlling Media Messages About Real Estate
Small is Big: Controlling Media Messages About Real EstateSmall is Big: Controlling Media Messages About Real Estate
Small is Big: Controlling Media Messages About Real Estate
 
Show Don't Tell: Localized Market Metrics Done Right
Show Don't Tell: Localized Market Metrics Done RightShow Don't Tell: Localized Market Metrics Done Right
Show Don't Tell: Localized Market Metrics Done Right
 
Real Estate BarCamp Indiana
Real Estate BarCamp IndianaReal Estate BarCamp Indiana
Real Estate BarCamp Indiana
 
Calendar P7 - S1
Calendar P7 - S1Calendar P7 - S1
Calendar P7 - S1
 
Inequality: Income vs. consumption
Inequality: Income vs. consumptionInequality: Income vs. consumption
Inequality: Income vs. consumption
 
Balanço patrimonial 2
Balanço patrimonial 2Balanço patrimonial 2
Balanço patrimonial 2
 

Similar to Resourceful Marketing for REALTORS®

Tippie MBA Marketing Academy Guest Lecture
Tippie MBA Marketing Academy Guest LectureTippie MBA Marketing Academy Guest Lecture
Tippie MBA Marketing Academy Guest LectureLydia Fine
 
Social media presentation by Joe Pryor Oklahoma City real estate investment s...
Social media presentation by Joe Pryor Oklahoma City real estate investment s...Social media presentation by Joe Pryor Oklahoma City real estate investment s...
Social media presentation by Joe Pryor Oklahoma City real estate investment s...Joe Pryor
 
Speed Leads Intro
Speed Leads IntroSpeed Leads Intro
Speed Leads Introguest00a3f6
 
Disruption theory and news
Disruption theory and newsDisruption theory and news
Disruption theory and newsJournovationSU
 
Low Or No Cost Marketing
Low Or No Cost MarketingLow Or No Cost Marketing
Low Or No Cost Marketingmatthuey
 
Elders Real Estate National Conference - Cairns 2015 - Peter Brewer
Elders Real Estate National Conference  - Cairns 2015 - Peter BrewerElders Real Estate National Conference  - Cairns 2015 - Peter Brewer
Elders Real Estate National Conference - Cairns 2015 - Peter BrewerPeter Brewer
 
Social Media And Advertising 1196991487121589 4
Social Media And Advertising 1196991487121589 4Social Media And Advertising 1196991487121589 4
Social Media And Advertising 1196991487121589 4mtk4
 
Open Business Practice Dublin Presentation Oct08
Open Business Practice  Dublin Presentation Oct08Open Business Practice  Dublin Presentation Oct08
Open Business Practice Dublin Presentation Oct08Martin Bailie
 
Instabrand: The Rise of Visual Storytelling In A Content Marketing World
Instabrand: The Rise of Visual Storytelling In A Content Marketing WorldInstabrand: The Rise of Visual Storytelling In A Content Marketing World
Instabrand: The Rise of Visual Storytelling In A Content Marketing WorldChristian Adams
 
Social Media and Advertising: Ad Club 10/07
Social Media and Advertising: Ad Club 10/07Social Media and Advertising: Ad Club 10/07
Social Media and Advertising: Ad Club 10/07Eric Weaver
 
Four Pillars Technology CE Program
Four Pillars Technology CE ProgramFour Pillars Technology CE Program
Four Pillars Technology CE ProgramMatthew Rathbun
 
CAR - Mobile Tools and Technology Presentation
CAR - Mobile Tools and Technology PresentationCAR - Mobile Tools and Technology Presentation
CAR - Mobile Tools and Technology PresentationMark Flavin
 
MAR - First 10 things You Must do in Social Media
MAR - First 10 things You Must do in Social MediaMAR - First 10 things You Must do in Social Media
MAR - First 10 things You Must do in Social MediaLinda Davis in Ledyard CT
 
The Press Release is Dead: Using New Communications Tools to Build Your Busin...
The Press Release is Dead: Using New Communications Tools to Build Your Busin...The Press Release is Dead: Using New Communications Tools to Build Your Busin...
The Press Release is Dead: Using New Communications Tools to Build Your Busin...Curt Mercadante
 
Margaret Manning, Digital Government: talking to the people in a social world
Margaret Manning, Digital Government: talking to the people in a social worldMargaret Manning, Digital Government: talking to the people in a social world
Margaret Manning, Digital Government: talking to the people in a social worldReading Room Singapore
 
Open Business Practice Dublin Presentation V1
Open Business Practice  Dublin Presentation V1Open Business Practice  Dublin Presentation V1
Open Business Practice Dublin Presentation V1Martin Bailie
 
Myjive Inc: Social Media Marketing - Rethinking Traditional Marketing Plans
Myjive Inc: Social Media Marketing - Rethinking Traditional Marketing PlansMyjive Inc: Social Media Marketing - Rethinking Traditional Marketing Plans
Myjive Inc: Social Media Marketing - Rethinking Traditional Marketing Plansmyjive
 

Similar to Resourceful Marketing for REALTORS® (20)

Tippie MBA Marketing Academy Guest Lecture
Tippie MBA Marketing Academy Guest LectureTippie MBA Marketing Academy Guest Lecture
Tippie MBA Marketing Academy Guest Lecture
 
Social media presentation by Joe Pryor Oklahoma City real estate investment s...
Social media presentation by Joe Pryor Oklahoma City real estate investment s...Social media presentation by Joe Pryor Oklahoma City real estate investment s...
Social media presentation by Joe Pryor Oklahoma City real estate investment s...
 
Speed Leads Intro
Speed Leads IntroSpeed Leads Intro
Speed Leads Intro
 
Disruption theory and news
Disruption theory and newsDisruption theory and news
Disruption theory and news
 
Low Or No Cost Marketing
Low Or No Cost MarketingLow Or No Cost Marketing
Low Or No Cost Marketing
 
Elders Real Estate National Conference - Cairns 2015 - Peter Brewer
Elders Real Estate National Conference  - Cairns 2015 - Peter BrewerElders Real Estate National Conference  - Cairns 2015 - Peter Brewer
Elders Real Estate National Conference - Cairns 2015 - Peter Brewer
 
Notes from fusion 2013
Notes from fusion 2013Notes from fusion 2013
Notes from fusion 2013
 
Rent Wiki Social Prez
Rent Wiki Social PrezRent Wiki Social Prez
Rent Wiki Social Prez
 
Social Media And Advertising 1196991487121589 4
Social Media And Advertising 1196991487121589 4Social Media And Advertising 1196991487121589 4
Social Media And Advertising 1196991487121589 4
 
Open Business Practice Dublin Presentation Oct08
Open Business Practice  Dublin Presentation Oct08Open Business Practice  Dublin Presentation Oct08
Open Business Practice Dublin Presentation Oct08
 
Instabrand: The Rise of Visual Storytelling In A Content Marketing World
Instabrand: The Rise of Visual Storytelling In A Content Marketing WorldInstabrand: The Rise of Visual Storytelling In A Content Marketing World
Instabrand: The Rise of Visual Storytelling In A Content Marketing World
 
Arts adminsocialmediamasterclassmar2016 day1-160207192550
Arts adminsocialmediamasterclassmar2016 day1-160207192550Arts adminsocialmediamasterclassmar2016 day1-160207192550
Arts adminsocialmediamasterclassmar2016 day1-160207192550
 
Social Media and Advertising: Ad Club 10/07
Social Media and Advertising: Ad Club 10/07Social Media and Advertising: Ad Club 10/07
Social Media and Advertising: Ad Club 10/07
 
Four Pillars Technology CE Program
Four Pillars Technology CE ProgramFour Pillars Technology CE Program
Four Pillars Technology CE Program
 
CAR - Mobile Tools and Technology Presentation
CAR - Mobile Tools and Technology PresentationCAR - Mobile Tools and Technology Presentation
CAR - Mobile Tools and Technology Presentation
 
MAR - First 10 things You Must do in Social Media
MAR - First 10 things You Must do in Social MediaMAR - First 10 things You Must do in Social Media
MAR - First 10 things You Must do in Social Media
 
The Press Release is Dead: Using New Communications Tools to Build Your Busin...
The Press Release is Dead: Using New Communications Tools to Build Your Busin...The Press Release is Dead: Using New Communications Tools to Build Your Busin...
The Press Release is Dead: Using New Communications Tools to Build Your Busin...
 
Margaret Manning, Digital Government: talking to the people in a social world
Margaret Manning, Digital Government: talking to the people in a social worldMargaret Manning, Digital Government: talking to the people in a social world
Margaret Manning, Digital Government: talking to the people in a social world
 
Open Business Practice Dublin Presentation V1
Open Business Practice  Dublin Presentation V1Open Business Practice  Dublin Presentation V1
Open Business Practice Dublin Presentation V1
 
Myjive Inc: Social Media Marketing - Rethinking Traditional Marketing Plans
Myjive Inc: Social Media Marketing - Rethinking Traditional Marketing PlansMyjive Inc: Social Media Marketing - Rethinking Traditional Marketing Plans
Myjive Inc: Social Media Marketing - Rethinking Traditional Marketing Plans
 

Recently uploaded

Eco-Efficient Living: Redefining Sustainability through Leech's Green Design ...
Eco-Efficient Living: Redefining Sustainability through Leech's Green Design ...Eco-Efficient Living: Redefining Sustainability through Leech's Green Design ...
Eco-Efficient Living: Redefining Sustainability through Leech's Green Design ...Newman George Leech
 
Call Girls in Nehru Place Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Nehru Place Delhi 💯Call Us 🔝8264348440🔝Call Girls in Nehru Place Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Nehru Place Delhi 💯Call Us 🔝8264348440🔝soniya singh
 
Prestige Sector 94 at Noida E Brochure.pdf
Prestige Sector 94 at Noida E Brochure.pdfPrestige Sector 94 at Noida E Brochure.pdf
Prestige Sector 94 at Noida E Brochure.pdfsarak0han45400
 
Experion Elements Sector 45 Noida_Brochure.pdf.pdf
Experion Elements Sector 45 Noida_Brochure.pdf.pdfExperion Elements Sector 45 Noida_Brochure.pdf.pdf
Experion Elements Sector 45 Noida_Brochure.pdf.pdfkratirudram
 
9990771857 Call Girls in Noida Sector 10 Noida (Call Girls) Delhi
9990771857 Call Girls in Noida Sector 10 Noida (Call Girls) Delhi9990771857 Call Girls in Noida Sector 10 Noida (Call Girls) Delhi
9990771857 Call Girls in Noida Sector 10 Noida (Call Girls) Delhidelhimodel235
 
Call Girls In Peeragarhi, Delhi↫8447779280↬Call Girls in Peeragarhi Delhi NCR
Call Girls In Peeragarhi, Delhi↫8447779280↬Call Girls in Peeragarhi Delhi NCRCall Girls In Peeragarhi, Delhi↫8447779280↬Call Girls in Peeragarhi Delhi NCR
Call Girls In Peeragarhi, Delhi↫8447779280↬Call Girls in Peeragarhi Delhi NCRasmaqueen5
 
Call Girls in Sarai Kale Khan Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Sarai Kale Khan Delhi 💯Call Us 🔝8264348440🔝Call Girls in Sarai Kale Khan Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Sarai Kale Khan Delhi 💯Call Us 🔝8264348440🔝soniya singh
 
Call Girls in Kashmiri Gate Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Kashmiri Gate Delhi 💯Call Us 🔝8264348440🔝Call Girls in Kashmiri Gate Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Kashmiri Gate Delhi 💯Call Us 🔝8264348440🔝soniya singh
 
9990771857 Call Girls in Noida Sector 1 Noida (Call Girls) Delhi
9990771857 Call Girls in Noida Sector 1 Noida (Call Girls) Delhi9990771857 Call Girls in Noida Sector 1 Noida (Call Girls) Delhi
9990771857 Call Girls in Noida Sector 1 Noida (Call Girls) Delhidelhimodel235
 
call girls in Shahdara (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Shahdara (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in Shahdara (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Shahdara (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
Affordable and Quality Construction SVTN's Signature Blend of Cost-Efficiency...
Affordable and Quality Construction SVTN's Signature Blend of Cost-Efficiency...Affordable and Quality Construction SVTN's Signature Blend of Cost-Efficiency...
Affordable and Quality Construction SVTN's Signature Blend of Cost-Efficiency...AditiAlishetty
 
8 Key Elements for Comfortable Farmland Living
8 Key Elements for Comfortable Farmland Living 8 Key Elements for Comfortable Farmland Living
8 Key Elements for Comfortable Farmland Living Farmland Bazaar
 
Call Girls in Pitampura Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Pitampura Delhi 💯Call Us 🔝8264348440🔝Call Girls in Pitampura Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Pitampura Delhi 💯Call Us 🔝8264348440🔝soniya singh
 
Call Girls In Vasundhara Ghaziabad ❤️8860477959 Low Rate Escorts Service In 2...
Call Girls In Vasundhara Ghaziabad ❤️8860477959 Low Rate Escorts Service In 2...Call Girls In Vasundhara Ghaziabad ❤️8860477959 Low Rate Escorts Service In 2...
Call Girls In Vasundhara Ghaziabad ❤️8860477959 Low Rate Escorts Service In 2...lizamodels9
 
Kumar Fireworks Hadapsar Link Road Pune Brochure.pdf
Kumar Fireworks Hadapsar Link Road Pune Brochure.pdfKumar Fireworks Hadapsar Link Road Pune Brochure.pdf
Kumar Fireworks Hadapsar Link Road Pune Brochure.pdfBabyrudram
 
Dynamic Netsoft A leader In Property management Software
Dynamic Netsoft A leader In Property management SoftwareDynamic Netsoft A leader In Property management Software
Dynamic Netsoft A leader In Property management SoftwareDynamic Netsoft
 
Call Girls in Khan Market 9654467111 ESCORTS SERVICE
Call Girls in Khan Market 9654467111 ESCORTS SERVICECall Girls in Khan Market 9654467111 ESCORTS SERVICE
Call Girls in Khan Market 9654467111 ESCORTS SERVICESapana Sha
 

Recently uploaded (20)

Eco-Efficient Living: Redefining Sustainability through Leech's Green Design ...
Eco-Efficient Living: Redefining Sustainability through Leech's Green Design ...Eco-Efficient Living: Redefining Sustainability through Leech's Green Design ...
Eco-Efficient Living: Redefining Sustainability through Leech's Green Design ...
 
Call Girls in Nehru Place Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Nehru Place Delhi 💯Call Us 🔝8264348440🔝Call Girls in Nehru Place Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Nehru Place Delhi 💯Call Us 🔝8264348440🔝
 
young call girls in Lajpat Nagar,🔝 9953056974 🔝 escort Service
young call girls in Lajpat Nagar,🔝 9953056974 🔝 escort Serviceyoung call girls in Lajpat Nagar,🔝 9953056974 🔝 escort Service
young call girls in Lajpat Nagar,🔝 9953056974 🔝 escort Service
 
Prestige Sector 94 at Noida E Brochure.pdf
Prestige Sector 94 at Noida E Brochure.pdfPrestige Sector 94 at Noida E Brochure.pdf
Prestige Sector 94 at Noida E Brochure.pdf
 
Experion Elements Sector 45 Noida_Brochure.pdf.pdf
Experion Elements Sector 45 Noida_Brochure.pdf.pdfExperion Elements Sector 45 Noida_Brochure.pdf.pdf
Experion Elements Sector 45 Noida_Brochure.pdf.pdf
 
9990771857 Call Girls in Noida Sector 10 Noida (Call Girls) Delhi
9990771857 Call Girls in Noida Sector 10 Noida (Call Girls) Delhi9990771857 Call Girls in Noida Sector 10 Noida (Call Girls) Delhi
9990771857 Call Girls in Noida Sector 10 Noida (Call Girls) Delhi
 
Call Girls In Peeragarhi, Delhi↫8447779280↬Call Girls in Peeragarhi Delhi NCR
Call Girls In Peeragarhi, Delhi↫8447779280↬Call Girls in Peeragarhi Delhi NCRCall Girls In Peeragarhi, Delhi↫8447779280↬Call Girls in Peeragarhi Delhi NCR
Call Girls In Peeragarhi, Delhi↫8447779280↬Call Girls in Peeragarhi Delhi NCR
 
Call Girls in Sarai Kale Khan Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Sarai Kale Khan Delhi 💯Call Us 🔝8264348440🔝Call Girls in Sarai Kale Khan Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Sarai Kale Khan Delhi 💯Call Us 🔝8264348440🔝
 
Call Girls in Kashmiri Gate Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Kashmiri Gate Delhi 💯Call Us 🔝8264348440🔝Call Girls in Kashmiri Gate Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Kashmiri Gate Delhi 💯Call Us 🔝8264348440🔝
 
9990771857 Call Girls in Noida Sector 1 Noida (Call Girls) Delhi
9990771857 Call Girls in Noida Sector 1 Noida (Call Girls) Delhi9990771857 Call Girls in Noida Sector 1 Noida (Call Girls) Delhi
9990771857 Call Girls in Noida Sector 1 Noida (Call Girls) Delhi
 
call girls in Shahdara (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Shahdara (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in Shahdara (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Shahdara (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
 
Affordable and Quality Construction SVTN's Signature Blend of Cost-Efficiency...
Affordable and Quality Construction SVTN's Signature Blend of Cost-Efficiency...Affordable and Quality Construction SVTN's Signature Blend of Cost-Efficiency...
Affordable and Quality Construction SVTN's Signature Blend of Cost-Efficiency...
 
8 Key Elements for Comfortable Farmland Living
8 Key Elements for Comfortable Farmland Living 8 Key Elements for Comfortable Farmland Living
8 Key Elements for Comfortable Farmland Living
 
Low Rate Call Girls in Triveni Complex Delhi Call 9873940964
Low Rate Call Girls in Triveni Complex Delhi Call 9873940964Low Rate Call Girls in Triveni Complex Delhi Call 9873940964
Low Rate Call Girls in Triveni Complex Delhi Call 9873940964
 
Call Girls in Mahavir Nagar whatsaap call US +919953056974
Call Girls in Mahavir Nagar  whatsaap call US  +919953056974Call Girls in Mahavir Nagar  whatsaap call US  +919953056974
Call Girls in Mahavir Nagar whatsaap call US +919953056974
 
Call Girls in Pitampura Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Pitampura Delhi 💯Call Us 🔝8264348440🔝Call Girls in Pitampura Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Pitampura Delhi 💯Call Us 🔝8264348440🔝
 
Call Girls In Vasundhara Ghaziabad ❤️8860477959 Low Rate Escorts Service In 2...
Call Girls In Vasundhara Ghaziabad ❤️8860477959 Low Rate Escorts Service In 2...Call Girls In Vasundhara Ghaziabad ❤️8860477959 Low Rate Escorts Service In 2...
Call Girls In Vasundhara Ghaziabad ❤️8860477959 Low Rate Escorts Service In 2...
 
Kumar Fireworks Hadapsar Link Road Pune Brochure.pdf
Kumar Fireworks Hadapsar Link Road Pune Brochure.pdfKumar Fireworks Hadapsar Link Road Pune Brochure.pdf
Kumar Fireworks Hadapsar Link Road Pune Brochure.pdf
 
Dynamic Netsoft A leader In Property management Software
Dynamic Netsoft A leader In Property management SoftwareDynamic Netsoft A leader In Property management Software
Dynamic Netsoft A leader In Property management Software
 
Call Girls in Khan Market 9654467111 ESCORTS SERVICE
Call Girls in Khan Market 9654467111 ESCORTS SERVICECall Girls in Khan Market 9654467111 ESCORTS SERVICE
Call Girls in Khan Market 9654467111 ESCORTS SERVICE
 

Resourceful Marketing for REALTORS®

  • 1. Resourceful Marketing for REALTORS ® By G. Sax Communications Manager Minneapolis Area Association of REALTORS®
  • 2. The Impetus Marketing . . . . . . . . . . . . . 59.6% Technology . . . . . . . . . . . . 54.7% Business Development . . . 51.1%
  • 3. Marketing The last thing you think about. The first thing to go. “I ain’t got time for all that.” I need to be selling, like, NOW! How much is this sh*t gonna cost me?
  • 4. $pend, $pend, $pend! Design / Designer Postage Print / Printer Ad Space Photography / Photographer Domain Name / Emails Copy / Copywriter Server Space for Website Software Web Design Color Printer Staging Scanner Promotional Products Film Closing Gifts Paper Annual Customer Party Ink Cards for Special Events Mailing lists Meals with Clients/Contacts Memberships Tickets to Events Car / Gas Clothing
  • 5. Not to Mention... Signs and Riders Continuing Education Professional Development Lockbox Fees Association Dues
  • 6. Ad Rates Not Tens or Hundreds, But Thousands of Dollars
  • 9. Guiding Principle VISUALS + DETAILS
  • 10. Today in the Market
  • 13. Guiding Principle Availability Distribute. Distribute. Distribute.
  • 14.
  • 15. Ways to Use Client Consultation Blogs and Websites Social Networking We Give, You Interpret Stay Current, Relevant
  • 16. Example of Fast Sharing
  • 17. Communication Be pleasant an d clear in voice. Good phon man e ner. s Yo ur email ha a voice, too. “ummm.. .” Spelling matters!
  • 18. The Tools of Communication “Mobile devices” Video Text Status updates Website Tweets e-newsletters Networking Photos Brand Blog
  • 19. Info Hwy Congestion Swanepoel’s TREND 7
  • 20. Clear the Congestion “I don’t need a million answers. I just want the good ones.” – WebMD Ad
  • 22. The Interweb is #1! 93% of all home buyers in Minnesota used the Internet to search for homes (87% nationally). The typical first-time home buyer was 28 years old. The median age of all home buyers was 34 years old. 2008 National Association of REALTORS® Profile of Home Buyers and Sellers MINNESOTA REPORT
  • 24. Embrace “Free” BLOG Typepad | Wordpress E-NEWSLETTER Mad Mimi | Constant Contact | MailChimp YOUR ASSOCIATION MAAR | NMRA | SPAAR | MNAR | NAR
  • 26. Embrace New (be picky) Issuu.com self-publish magazines ViralHeat.com monitor your reputation on social media Drop.io share files that are too large to e-mail Jimdo.com build and host a Web site at no cost ScreenToaster.com record videos of your screen activity free 99designs.com bid out graphics projects to multiple artists awayfind.com important emails by text goldmail.com simple video email; voiceover ppt getdropbox.com send large photos and files free (up to 2 GB)
  • 27. Embrace Flash Drives Embrace Simple
  • 28. a simple text editor goes a long way
  • 29. Embrace “Good Enough” craigslist microblogging Flip apps netbook mp3 Google Docs web-based
  • 30. Your Website Should minimally have... Property photos and descriptions Searchable listings Current and working links Solid organizational structure Consistency across the board Quickness of navigation REALTOR® Magazine Online
  • 31. Your Website Don't rely on a flat website. Tell personal stories that turn your visitors into clients. Be yourself. Don't be trite. (Same for Facebook) Don't "sell." Be cool.
  • 33.
  • 34. Social Media It’s just a tool. It takes a strategy. It takes active participation. It can be whatever you want it to be. It can be nothing at all if you want, but...
  • 35. Social Media On average, companies with high levels of social media activity experienced an 18% increase in revenue in the last year. – American Marketing Association
  • 36. Social Media National Associaton of REALTORS® – 2009 REALTOR® Technology Report
  • 37.
  • 38. The ex am with th ple e ring. The ex ample with th e beer. Facebook's Growing Demographic The ex am with th ple e IRL. – more people to find – aren't out as much – love to show off kids and grandkids In a "face" industry, why wouldn't you be here?
  • 40. Ummm.....wow In August 2009, Twitter drew 25 million unique visitors, up from 2 million in August 2008. – Nielsen The technical barrier is down.
  • 41. Big Potential Magazines and newspapers talk at you Websites talk at you electronically Blogs talk at you electronically, you talk back Facebook – organized, interactive group talk Twitter – all of the above in 140 characters or less.
  • 42. Engage Expand your network. Learn from others. Quickly and all the time.
  • 43. Twitterverse @aplusk (yawwwnnn) @Oprah | @MarthaStewart | @TheEllenShow @Swanepoel | @tcar | @tboard | @gsax
  • 44. Twitterverse @tboard Saint Paul Real Estate Blog Blogger Writer Photographer REALTOR® And I am here
  • 45. Twitterverse @tcar NAR Director of Social Media He changed relationship status to single He sprained his ankle He cut his hand opening a blister pack He ate Cheetos
  • 46. Twitterverse @respres I Don’t Know What He Does But he is deeply involved in real estate He is interesting, engaging, and nice He is ahead of the pack on most things He is eloquent as hell
  • 48. Social Cewebrity Susan Boyle: 113 million impressions ...and counting
  • 49. Social Cewebrity JK Wedding Entrance Dance: 36 million impressions...and counting
  • 50. Case Study – Jimmy Fallon @jimmyfallon Forget Leno & Letterman. They’re old. Even Conan’s a Twitter hater. I’m old.
  • 51. Social Reality Chamber of Commerce Events Community Involvement Tweet Ups, Networking Events Association Involvement YOU STILL HAVE TO GET OUT THERE
  • 52. Social Evolution Horses Computers Print Internet Radio Blogs TV Tweets We Change the Way We Use These Things
  • 53. Social Evolution Millennial (Gen Y, Echo Boomer) Born after 1980. Already outnumber Gen X. By 2010, will outnumber Boomers. Do not discount their choices.
  • 54. Overheard “Visibility is more important than ability. Secret agents don’t do a lot of business.”
  • 55. Communication Touch “Touch” now means... Email style, availability Text style, availability Twitter, Facebook update frequency Quality and weight of paper stock Your business cards
  • 56. Business Cards one or two sides? gloss or no gloss? need for email, web, other? designations? imagery? photos?
  • 58. Communication Ethics must be truthful and accurate company name in all marketing teams: only “group” or “team” company name larger than team individual name can be larger
  • 59. Communication Ethics company website in marketing no rules for listed phone numbers must include name of state listed price only price you can use That’s all well and good, but...
  • 60. My Ideal Business Card Greg Sax gregs@mplsrealtor.com @gsax I often go by G. Sax
  • 61. Beyond the Business Card Postcards & Info Boxes Open Houses Bus Benches, Billboards Print, Fax...Dead? Learn, Try, Do Be Creative, Have Fun Be consistent.
  • 62. CAN-SPAM (Controlling the Assault of Non-Solicited Pornography And Marketing Act of 2003)
  • 63. Communication Smell Test If you smell like spam, you're better off working for Hormel. You must allow for opt-out. You must provide a legitimate address. Subject headers must be about the content. 10 days to take care of opt-out requests.
  • 64. PR – Hey, It’s Like Sales! Take initiative Pitch to the right people Be factual Attracting Attention Tell a good story REALTOR® Magazine Mariwyn Evans | August 2008 Keep in contact Be available Say “I don’t know”
  • 65. Contact: Greg Sax, Communications Manager PR Minneapolis Area Association of REALTORS® gregs@mplsrealtor.com, 952.988.3123 Number of lender-mediated homes for sale drops Q3 2009 Update to "Foreclosures and Short Sales" report released by MAAR Minneapolis, Minnesota (November 6, 2009) – After four years of exponential growth, the number of lender-mediated properties for sale dropped by more than 1,200 units from February 1 to April 1 of 2009. The decline is even more impressive considering that the spring market typically sees an increase in the number of homes for sale. Lender-mediated home values are dropping quickly, while traditional homes are fairing better. The median sales price of lender-mediated homes in Q1 2009 was $122,900, a decrease of 21.7 percent from the same time last year. The median sales price for traditional homes was $212,000, a drop of a quieter 3.6 percent. For Q1 2009, 36.1 percent of new listings and 58.8 percent of closed sales were lender-mediated. Declining activity in both supply and demand in the traditional, non-lender-mediated market, means that foreclosures and short sales will continue to hold a heavy market share throughout 2009. The five-page "Foreclosures and Short Sales" report for Q1 2009 can be found on the Minneapolis Area Association of REALTORS® website at www.mplsrealtor.com and includes more analysis and an explanation of the research methodology. Established in 1887, the Minneapolis Area Association of REALTORS® (MAAR) is the leading regional advocate and provider of information services, research and education on the real estate industry for brokers, real estate professionals and the public. With more than 8,500 members, MAAR is one of the 25 largest local REALTOR® associations in the nation and serves the Twin Cities 13-county metro area and western Wisconsin. ###
  • 66. For interviews, contact Greg Sax Communications Manager, 10K Research gregs@10kresearch.com, 952.988.3123 The “F” Word Loses Pluck Q3 2009 Update to "Foreclosures and Short Sales" report out now Minneapolis, Minnesota (September 16, 2009) – After four years of exponential growth, the number of lender-mediated properties for sale dropped by more than 1,200 units from July 1 to August 1 of 2009. The decline is even more impressive considering that the spring market typically sees an increase in the number of homes for sale. Lender-mediated home values are dropping quickly, while traditional homes are fairing better. The median sales price of lender-mediated homes in Q1 2009 was $122,900, a decrease of 21.7 percent from the same time last year. The median sales price for traditional homes was $212,000, a drop of a quieter 3.6 percent. For Q1 2009, 36.1 percent of new listings and 58.8 percent of closed sales were lender-mediated. Declining activity in both supply and demand in the traditional, non-lender-mediated market, means that foreclosures and short sales will continue to hold a heavy market share throughout 2009. The five-page "Foreclosures and Short Sales" report for Q3 2009 is online. Google “10K Research.” ###
  • 67. Attracting Media 1. Be professional 2. Have pizazz 3. Be reliable and reachable 4. Have a catchy draw-in 5. One page news release (max) 6. Work with your association
  • 68. Brand Brand Consistency Brand Identity Brand Ubiquity Brand Rethink
  • 69. Brand Perception Advil | Ibuprofen Tylenol | Acetaminophen REALTOR® | For Sale by Owner
  • 71. Brand Personality the you in a suit the you in the neighborhood the you in the community AND NOW... the online photos of you the Googled you the Facebook you the LinkedIn you the blog you the Twitter you the rated you
  • 72. Focus: The Rated You Yelp! – restaurants & more Redfin – agents IncredibleAgents – REALTOR® created United Airlines
  • 73. Brand: Integration YOU YOUR BROKER
  • 74. Brand: Case Studies Plus Other Examples
  • 75. Brand Safety No alluring or provocative photography Limit shared personal information Concentrate on professional proficiency Maintain care with new clients Real Estate Safety Council’s “Safety Guide” City of Mesa, AZ, Realtytimes.com Nevada County Board of REALTORS®
  • 76. Bad PR? A sk m e abo the PH ut X examp le. “This is not a joke. Before I ever got into real estate, I had very little respect for the profession. Give me a call and I'll tell you all about it.”
  • 77. Bad PR? Is now a good time to buy a home in Phoenix? I don't know. Maybe, maybe not. Is now a good time to sell a home in Phoenix? I'll give you a hint — maybe, maybe not.
  • 78. Thank You for Your Time! By G. Sax Communications Manager Minneapolis Area Association of REALTORS®