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E M I L Y C I N G R A M
O C T O B E R 2 8 , 2 0 1 4
Irresistible Real Estate
(and Selling) Ideas
The Nitty Gritty
Legal Mumbo Jumbo
COPYRIGHT NOTICE
Copyright © 2009-2014 PorterWorks All rights reserved.
No part of this publication may be reproduced, transmitted or used in any form or by any means, electronic or mechanical, including
photocopying, recording, and scanning, or by any information storage and retrieval system without prior written permission of PorterWorks.
Permission may be requested from PorterWorks, 19126 Soundview Dr. NW, Stanwood WA, 98292 or info@porterworks.com.
DISCLAIMER
The material presented in this course and publications is intended to provide information regarding its subject matter. Neither PorterWorks,
Inc. nor anyone acting on its behalf (collectively, the “Publisher”) is engaged in rendering legal or other advice. A reader with legal or other
questions relating to the material should consult a competent attorney or other professional who can provide advice. The Publisher has no
responsibility for inaccuracies or omissions and specifically disclaims any liability, loss, or risk, whether personal, financial, or otherwise,
incurred as a consequence, directly or indirectly, from the use and/or application of any of the material. Opinions, findings, conclusions
and/or recommendations expressed herein do not necessarily reflect the views of the Publisher.
Please note that any contracts, contract clauses, contract provisions, etc., provided in these materials are included only for illustrative
purposes and are not to be used by readers, students or participants. Anyone with legal or other questions relating to the material should
consult a competent attorney or other professional who can provide advice. It is also important to check on federal, state and local
regulations.
Logistics
 Introduction
 Rules
 Expectations
 Breaks
 Food
 Facilities
 Preoccupation
 Engagement
 Special Needs
Who is Emily C Ingram?
 Local mortgage resource with New
American Funding
 13 years experience
 Loan originator, processor, and
underwriter
 Bachelor’s degree in mathematics
 Board member, Jefferson Co Home
Builders Association
 Board member, Real Estate
Professionals for Affordable Housing
 Occasionally skips work to go sailing
Course Objectives
 Determine customer needs.
 Target specific market groups.
 Discover physical marketing strategies.
 Identify technical marketing tools.
 Have fun!
 Enjoy lunch.
Why is Marketing Important?
 Notify people that you’re “in the business”
 Introduce your services to potential customers
 Obtain leads that result in successful transactions
 Build a solid reputation
 Position yourself as a subject matter expert
 Pay the bills
First Things First
Definitions
advertising [ad-ver-tahy-zing]
noun
1. the act or practice of calling public attention to one's product, service, need, etc.,
especially by paid announcements in newspapers and magazines, over radio or
television, on billboards, etc.
branding [bran-ding]
noun
1. The marketing practice of creating a name, symbol or design that identifies and
differentiates a product from other products
marketing [mahr-ki-ting]
noun
1. the total of activities involved in the transfer of goods from the producer or seller
to the consumer or buyer, including advertising, shipping, storing, and selling.
Who is Your Customer?
Who is Your Customer?
In Washington...
• Median age of all home buyers = 46
• Median age of FTHB = 32
• Median age of repeat home buyers = 51
Source: http://economistsoutlook.blogs.realtor.org/2014/09/23/interactive-median-age-of-home-buyers-2003-2013/
Who is Your Customer?
Who is Your Customer?
Motivation
PG:C Ratio
• There needs to be enough “P” (Pain) and/or enough
“G” (Gain) to affect “C” (Change).
• Most agents only sell the benefits (Gains) while
there are dozens of disadvantages (Pains) that
might motivate the “change” (i.e. buying the
home!)
• Actually…some studies have shown that people are,
in general, more motivated by sticks than carrots
(pain vs. gain.)
Be a Solutionist
 Uncover problems and then solve them.
 Find out what buyers want and need.
 Stop and listen, really listen. Are you listening?
 Leverage the PG:C Ratio.
 Discover the needs of everyone (mom, dad, each kid,
agent).
 Your new home saves…
Pain: Losing Buying Power
Pain: Wasted Rent
Gain: Time
Gain: Smaller Home
• Optimized storage
• Optimized work surfaces
• Raised ceilings
• Outdoor living spaces
• Multiple-use spaces
• Using natural light
• Built-ins
• Less time spent cleaning!
Traditional Marketing
Drive Traffic to Listings
 Powerful listing flyers
 Property "business" cards
 Open house
Keep in Touch
 Just listed / just sold post
cards
 Anniversary / Thanksgiving
cards
 Newsletter
Think Outside the Box
 Discovery cards
 Market to FSBOs
 Market to expired listings
 Networking groups
Expand Your Horizons
 Data mining
 Neighborhood information
 Show the possibilities
Customer Relationship Management
Customer Relationship Management
Customer relationship management (CRM) is a
system for managing a company's interactions with
current and future customers. It often involves
using technology to organize, automate and
synchronize sales, marketing, customer service, and
technical support.
Source: Google
Why is CRM Important?
 Efficient use of time
 Customer expectations
 Tasks easily remembered
 Work / life balance
 You look smart!
CRM Options
CRM Minimum Requirements
 Basic contact information
 Integrated task manager,
calendar, and phone book
 Accessible across all
platforms
 Import / export ability
 Customizable
 Categorize contacts
 Run reports
Build Your Database
 Traditional prospecting
 Personal sphere of influence
 Past clients
 Prospective clients
Manage Your CRM
 Enter conversations / email
 Follow-up dates
 Run reports
 Send email / snail mail
 Drip email marketing
Bulk Email
 Directly within CRM system
 Free: Mailchimp, Outlook
 Cheap: Constant Contact
 Expensive: Top Producer, Market Leader
CRM Best Practices
 Find contacts on social media
 Ask for permission
 Understand CAN-SPAM
 Avoid spam filters
 Subject lines
 Limited email contact
Personal Web Site / Blog
Why It’s Important
• Establish yourself as a SME
• Target readers that are potential clients
• Branding
• Build traffic
Developing a Web Site
 Broker provided
 DIY tools
 Real estate centric
 Unique site
Best Real Estate Web Sites:
https://placester.com/real-estate-marketing-academy/top-25-most-beautiful-real-estate-websites-2014/
Drive Traffic
 Online advertising
 Search Engine
Optimization
 Organic sources
Best Practices
 Contact information
 Great site design
 Responsive design
 Visitor registration
 Photography / video
 Integrated blog
 Google analytics
 Unique content
Value of Web Site Features
Listing Syndication
The Big Three
Why Are They Important?
 Listing exposure
 Additional information for consumers
 Levels the playing field
 Full picture of the available market
 Broadly reaching advertising platform
 They’re not going away
How They Work
 List homes for sale (or not)
 Pay for exposure
 Rules (charges) change
 Leads aren't vetted
 Jefferson County closed
Realtor.com
 Fed by the MLS
 #AccuracyMatters
 Poor market share
 Complete your profile!
Best Practices
 Complete your profile
 Focus on one or two
 Call leads immediately
 Edit and/or add listings
 Search for leads
 Advice columns
 Ask for reviews
 Share the cost
Social Media
“Socialnomics”
"As a real estate professional,
creating a strong social media
presence is an essential part
of your overall marketing
strategy. Not only does it
create visibility, but it can
also lend credibility and
authenticity to your business,
thereby positioning you as the
local expert.“
Source: http://maximizesocialbusiness.com/using-
twitter-in-your-real-estate-business-7410/
Facebook
Why Use Facebook?
 1.32 billion monthly active users
 829 million people log onto FB daily
 67% of Internet users in the US are on FB
 The 45-54 age bracket has seen a 46% growth since YE 2012.
 Among US Internet users, 73% with incomes above $75,000
are on FB.
 Gender skews slightly toward women, but not by much
The Implication: A huge and vastly growing number of
Facebook users are active and consistent in their visits to the
site, making them a promising audience for your marketing
efforts.
How Does it Work?
 Personal = Profile = Friends
 Business = Page = Likes
 Newsfeed
 Engagement is key!
"Of the 1,500+ stories a person
might see whenever they log onto
Facebook, News Feed displays
approximately 300. To choose
which stories to show, News Feed
ranks each possible story from more
to less important by looking at
thousands of factors relative to each
person."
- Facebook product marketing lead Brian Bloan
Getting Started
 Professional image / profile
 Privacy settings
 Acquire friends / fans
 Start posting
 Engage
 Mix it up
Using Facebook Effectively
 80% / 20% rule
 Provide value
 Variety is best
 Filch material
Facebook Best Practices
 Integrate
 Educate & inspire
 Practice
 Maintain consistency
 Differentiate yourself
LinkedIn
Why Use LinkedIn?
 300 million users
 2 new users per second
 Demographic
 Referral source
 Keep connected
 Search engine optimization
 Professional networking
"LinkedIn users tend to be in
their 40s and older, they tend to
be white collar professionals,
and they tend to be people with
college degrees. “
Source:
http://www.forbes.com/sites/joshbersin/2012/05/21/f
acebook-vs-linkedin-whats-the-difference/
How Does it Work?
 Virtual Rolodex
 Professional network
 Online business card
 Connections
 Introductions
 Largely free
 Groups & jobs section
Getting Started
 Be secretive
 Professional photo
 Optimize heading / title
 Custom URL
 Write a killer summary
 Be unique
 Add experience, education, volunteer work
Using LinkedIn Effectively
 Reach out
 Comment
 Never post listings
 Keep it organized
"Being successful on LinkedIn is
much more than just putting
your profile out there. Don’t
just create your profile and
expect the referrals to come
rolling in. You must participate
by sharing status updates, by
commenting in groups, by
interacting with your network."
Source: http://linkedintobusiness.com/LinkedIn-for-
Real-Estate-Agents/
LinkedIn Best Practices
 Be selective
 Be a groupie
 Be stingy
 Write personal notes
 See other people
 Re-order
 Procrastinate
Twitter
Why Tweet?
 271 million monthly active users
 500 million tweets sent every day
 78% of Twitter active users are on mobile
 US Air crash into Hudson 1/2009
 Not crowded
 Stay plugged in
 Stay connected
How Does it Work?
 Rolling conversation
 140 characters
 Followers
 No algorithms
 @MickeyMouse
 #MinnieIsCute
Getting Started
 Pick a user name
 Design a compelling background
 Complete your bio
 Follow targeted accounts
 Learn the basic language
 Tweet once per day
Using Twitter Effectively
 Network locally
 Add value
 Leverage the #hashtag
 Use @mentions
 Leave room for RTing
 Credit the source
Twitter Best Practices
 Get personal
 Be a good Twittizen
 Choose carefully
 RT intelligently
 Utilize search.twitter.com
 See what's trending
Social Media Wrap-Up
Establish Your Goals
 Who is your target audience?
 What problem can you solve?
 What unique outlook can you share?
 How much time can you commit?
 What specific result will you achieve?
“The fastest growing demographic on Twitter is the 55-64 year age bracket.
• This demographic has grown 79% since 2012.
• The 45-54 year age bracket is the fastest growing demographic on both
Facebook and Google+.
• For Facebook, this group has jumped 46%.
• For Google+, 56%.”
Source: http://www.fastcompany.com/3021749/work-smart/10-surprising-social-media-statistics-that-will-make-you-rethink-your-social-stra
Social Media Rules
 Exercise in branding
 Network as you do IRL
 Watch your language
 Be lazy
 Maintain consistency
 Include in ALL marketing
Technology Toolkit
Why Are Tools & Apps Important?
 Perform tasks
quickly and
conveniently.
 App use in 2013
posted 115% year-
over-year growth.
 Apps drive
engagement.
Social Media Management
 Hootsuite
 everypost
 SocialBro
 Twitter Analytics
 boardreader
 Topsy
 Bitly
Home Design
 Houzz
 snapshop showroom
 Paint Tester
 Magic Plan
 Floor Plan Creator
 Lowe's Virtual Room Designer
 Gladiator Garage Works
Move That Listing
 Virtual Staging Solutions
 Visual Stager
 VisualTour
 Videolicious
 VoicePad
Photography Tools
 Self help
 Exposio
 Ribbet
 PicMonkey
 Camera+
 ProCapture
Productivity Tools
 Open Home Pro
 Docusign
 Docusign Transaction Rooms
 Evernote
 Any.do
 Drop Box
 Homesavvy
QR Codes
Conclusion
Five Cs of Effective Real Estate Marketing
 Content driven
 Creative
 Concise
 Consistent
 Connected
Source: http://blog.zurple.com/the-five-c%E2%80%99s-of-effective-real-estate-marketing

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Irresistible Real Estate Marketing (and Selling) Ideas

  • 1. E M I L Y C I N G R A M O C T O B E R 2 8 , 2 0 1 4 Irresistible Real Estate (and Selling) Ideas
  • 3. Legal Mumbo Jumbo COPYRIGHT NOTICE Copyright © 2009-2014 PorterWorks All rights reserved. No part of this publication may be reproduced, transmitted or used in any form or by any means, electronic or mechanical, including photocopying, recording, and scanning, or by any information storage and retrieval system without prior written permission of PorterWorks. Permission may be requested from PorterWorks, 19126 Soundview Dr. NW, Stanwood WA, 98292 or info@porterworks.com. DISCLAIMER The material presented in this course and publications is intended to provide information regarding its subject matter. Neither PorterWorks, Inc. nor anyone acting on its behalf (collectively, the “Publisher”) is engaged in rendering legal or other advice. A reader with legal or other questions relating to the material should consult a competent attorney or other professional who can provide advice. The Publisher has no responsibility for inaccuracies or omissions and specifically disclaims any liability, loss, or risk, whether personal, financial, or otherwise, incurred as a consequence, directly or indirectly, from the use and/or application of any of the material. Opinions, findings, conclusions and/or recommendations expressed herein do not necessarily reflect the views of the Publisher. Please note that any contracts, contract clauses, contract provisions, etc., provided in these materials are included only for illustrative purposes and are not to be used by readers, students or participants. Anyone with legal or other questions relating to the material should consult a competent attorney or other professional who can provide advice. It is also important to check on federal, state and local regulations.
  • 4. Logistics  Introduction  Rules  Expectations  Breaks  Food  Facilities  Preoccupation  Engagement  Special Needs
  • 5. Who is Emily C Ingram?  Local mortgage resource with New American Funding  13 years experience  Loan originator, processor, and underwriter  Bachelor’s degree in mathematics  Board member, Jefferson Co Home Builders Association  Board member, Real Estate Professionals for Affordable Housing  Occasionally skips work to go sailing
  • 6. Course Objectives  Determine customer needs.  Target specific market groups.  Discover physical marketing strategies.  Identify technical marketing tools.  Have fun!  Enjoy lunch.
  • 7. Why is Marketing Important?  Notify people that you’re “in the business”  Introduce your services to potential customers  Obtain leads that result in successful transactions  Build a solid reputation  Position yourself as a subject matter expert  Pay the bills
  • 9. Definitions advertising [ad-ver-tahy-zing] noun 1. the act or practice of calling public attention to one's product, service, need, etc., especially by paid announcements in newspapers and magazines, over radio or television, on billboards, etc. branding [bran-ding] noun 1. The marketing practice of creating a name, symbol or design that identifies and differentiates a product from other products marketing [mahr-ki-ting] noun 1. the total of activities involved in the transfer of goods from the producer or seller to the consumer or buyer, including advertising, shipping, storing, and selling.
  • 10. Who is Your Customer?
  • 11. Who is Your Customer? In Washington... • Median age of all home buyers = 46 • Median age of FTHB = 32 • Median age of repeat home buyers = 51 Source: http://economistsoutlook.blogs.realtor.org/2014/09/23/interactive-median-age-of-home-buyers-2003-2013/
  • 12. Who is Your Customer?
  • 13. Who is Your Customer?
  • 14. Motivation PG:C Ratio • There needs to be enough “P” (Pain) and/or enough “G” (Gain) to affect “C” (Change). • Most agents only sell the benefits (Gains) while there are dozens of disadvantages (Pains) that might motivate the “change” (i.e. buying the home!) • Actually…some studies have shown that people are, in general, more motivated by sticks than carrots (pain vs. gain.)
  • 15. Be a Solutionist  Uncover problems and then solve them.  Find out what buyers want and need.  Stop and listen, really listen. Are you listening?  Leverage the PG:C Ratio.  Discover the needs of everyone (mom, dad, each kid, agent).  Your new home saves…
  • 19. Gain: Smaller Home • Optimized storage • Optimized work surfaces • Raised ceilings • Outdoor living spaces • Multiple-use spaces • Using natural light • Built-ins • Less time spent cleaning!
  • 21. Drive Traffic to Listings  Powerful listing flyers  Property "business" cards  Open house
  • 22. Keep in Touch  Just listed / just sold post cards  Anniversary / Thanksgiving cards  Newsletter
  • 23. Think Outside the Box  Discovery cards  Market to FSBOs  Market to expired listings  Networking groups
  • 24. Expand Your Horizons  Data mining  Neighborhood information  Show the possibilities
  • 26. Customer Relationship Management Customer relationship management (CRM) is a system for managing a company's interactions with current and future customers. It often involves using technology to organize, automate and synchronize sales, marketing, customer service, and technical support. Source: Google
  • 27. Why is CRM Important?  Efficient use of time  Customer expectations  Tasks easily remembered  Work / life balance  You look smart!
  • 29. CRM Minimum Requirements  Basic contact information  Integrated task manager, calendar, and phone book  Accessible across all platforms  Import / export ability  Customizable  Categorize contacts  Run reports
  • 30. Build Your Database  Traditional prospecting  Personal sphere of influence  Past clients  Prospective clients
  • 31. Manage Your CRM  Enter conversations / email  Follow-up dates  Run reports  Send email / snail mail  Drip email marketing
  • 32. Bulk Email  Directly within CRM system  Free: Mailchimp, Outlook  Cheap: Constant Contact  Expensive: Top Producer, Market Leader
  • 33. CRM Best Practices  Find contacts on social media  Ask for permission  Understand CAN-SPAM  Avoid spam filters  Subject lines  Limited email contact
  • 35. Why It’s Important • Establish yourself as a SME • Target readers that are potential clients • Branding • Build traffic
  • 36. Developing a Web Site  Broker provided  DIY tools  Real estate centric  Unique site Best Real Estate Web Sites: https://placester.com/real-estate-marketing-academy/top-25-most-beautiful-real-estate-websites-2014/
  • 37. Drive Traffic  Online advertising  Search Engine Optimization  Organic sources
  • 38. Best Practices  Contact information  Great site design  Responsive design  Visitor registration  Photography / video  Integrated blog  Google analytics  Unique content
  • 39. Value of Web Site Features
  • 42. Why Are They Important?  Listing exposure  Additional information for consumers  Levels the playing field  Full picture of the available market  Broadly reaching advertising platform  They’re not going away
  • 43. How They Work  List homes for sale (or not)  Pay for exposure  Rules (charges) change  Leads aren't vetted  Jefferson County closed
  • 44. Realtor.com  Fed by the MLS  #AccuracyMatters  Poor market share  Complete your profile!
  • 45. Best Practices  Complete your profile  Focus on one or two  Call leads immediately  Edit and/or add listings  Search for leads  Advice columns  Ask for reviews  Share the cost
  • 47. “Socialnomics” "As a real estate professional, creating a strong social media presence is an essential part of your overall marketing strategy. Not only does it create visibility, but it can also lend credibility and authenticity to your business, thereby positioning you as the local expert.“ Source: http://maximizesocialbusiness.com/using- twitter-in-your-real-estate-business-7410/
  • 49. Why Use Facebook?  1.32 billion monthly active users  829 million people log onto FB daily  67% of Internet users in the US are on FB  The 45-54 age bracket has seen a 46% growth since YE 2012.  Among US Internet users, 73% with incomes above $75,000 are on FB.  Gender skews slightly toward women, but not by much The Implication: A huge and vastly growing number of Facebook users are active and consistent in their visits to the site, making them a promising audience for your marketing efforts.
  • 50. How Does it Work?  Personal = Profile = Friends  Business = Page = Likes  Newsfeed  Engagement is key! "Of the 1,500+ stories a person might see whenever they log onto Facebook, News Feed displays approximately 300. To choose which stories to show, News Feed ranks each possible story from more to less important by looking at thousands of factors relative to each person." - Facebook product marketing lead Brian Bloan
  • 51. Getting Started  Professional image / profile  Privacy settings  Acquire friends / fans  Start posting  Engage  Mix it up
  • 52. Using Facebook Effectively  80% / 20% rule  Provide value  Variety is best  Filch material
  • 53. Facebook Best Practices  Integrate  Educate & inspire  Practice  Maintain consistency  Differentiate yourself
  • 55. Why Use LinkedIn?  300 million users  2 new users per second  Demographic  Referral source  Keep connected  Search engine optimization  Professional networking "LinkedIn users tend to be in their 40s and older, they tend to be white collar professionals, and they tend to be people with college degrees. “ Source: http://www.forbes.com/sites/joshbersin/2012/05/21/f acebook-vs-linkedin-whats-the-difference/
  • 56. How Does it Work?  Virtual Rolodex  Professional network  Online business card  Connections  Introductions  Largely free  Groups & jobs section
  • 57. Getting Started  Be secretive  Professional photo  Optimize heading / title  Custom URL  Write a killer summary  Be unique  Add experience, education, volunteer work
  • 58. Using LinkedIn Effectively  Reach out  Comment  Never post listings  Keep it organized "Being successful on LinkedIn is much more than just putting your profile out there. Don’t just create your profile and expect the referrals to come rolling in. You must participate by sharing status updates, by commenting in groups, by interacting with your network." Source: http://linkedintobusiness.com/LinkedIn-for- Real-Estate-Agents/
  • 59. LinkedIn Best Practices  Be selective  Be a groupie  Be stingy  Write personal notes  See other people  Re-order  Procrastinate
  • 61. Why Tweet?  271 million monthly active users  500 million tweets sent every day  78% of Twitter active users are on mobile  US Air crash into Hudson 1/2009  Not crowded  Stay plugged in  Stay connected
  • 62. How Does it Work?  Rolling conversation  140 characters  Followers  No algorithms  @MickeyMouse  #MinnieIsCute
  • 63. Getting Started  Pick a user name  Design a compelling background  Complete your bio  Follow targeted accounts  Learn the basic language  Tweet once per day
  • 64. Using Twitter Effectively  Network locally  Add value  Leverage the #hashtag  Use @mentions  Leave room for RTing  Credit the source
  • 65. Twitter Best Practices  Get personal  Be a good Twittizen  Choose carefully  RT intelligently  Utilize search.twitter.com  See what's trending
  • 67. Establish Your Goals  Who is your target audience?  What problem can you solve?  What unique outlook can you share?  How much time can you commit?  What specific result will you achieve? “The fastest growing demographic on Twitter is the 55-64 year age bracket. • This demographic has grown 79% since 2012. • The 45-54 year age bracket is the fastest growing demographic on both Facebook and Google+. • For Facebook, this group has jumped 46%. • For Google+, 56%.” Source: http://www.fastcompany.com/3021749/work-smart/10-surprising-social-media-statistics-that-will-make-you-rethink-your-social-stra
  • 68. Social Media Rules  Exercise in branding  Network as you do IRL  Watch your language  Be lazy  Maintain consistency  Include in ALL marketing
  • 70. Why Are Tools & Apps Important?  Perform tasks quickly and conveniently.  App use in 2013 posted 115% year- over-year growth.  Apps drive engagement.
  • 71. Social Media Management  Hootsuite  everypost  SocialBro  Twitter Analytics  boardreader  Topsy  Bitly
  • 72. Home Design  Houzz  snapshop showroom  Paint Tester  Magic Plan  Floor Plan Creator  Lowe's Virtual Room Designer  Gladiator Garage Works
  • 73. Move That Listing  Virtual Staging Solutions  Visual Stager  VisualTour  Videolicious  VoicePad
  • 74. Photography Tools  Self help  Exposio  Ribbet  PicMonkey  Camera+  ProCapture
  • 75. Productivity Tools  Open Home Pro  Docusign  Docusign Transaction Rooms  Evernote  Any.do  Drop Box  Homesavvy
  • 78. Five Cs of Effective Real Estate Marketing  Content driven  Creative  Concise  Consistent  Connected Source: http://blog.zurple.com/the-five-c%E2%80%99s-of-effective-real-estate-marketing