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How the internet is transforming real estate
[object Object],[object Object],[object Object],[object Object],[object Object],How to make the most of the web
This is real estate 2009!
Latest research from USA – the web #1 for search National Association of Realtors Home Buyer Survey 2008
NZ: Media usage – searching for property
Traditional model has changed
Buyers in control
Relationship with buyers has changed  5 – 10 years ago Today Research / Research / Research
“ Traditional agents will not be replaced by technology... ..they will be replaced by agents with technology” Real estate professionals need to change!
[object Object],[object Object],[object Object],[object Object],[object Object],How to make the most of the web
“ Edutainment” Breadth Understanding interest / behaviour Browse full set of listings in target areas Browse full set of listings in target areas Depth “ Serious buyers” Narrow down to view target listings in area  Quick-look filter  Deeper filter & inspiration Price check & risk reduction Depth
Evolving consumer experience Searching for property
Evolving consumer experience Searching for property buy Searching for someone to help me sell my property
25,016 6,000 / week 3,636 4,500 / week 7,810 3,500 / week 41,107 100,000 / week 10,103 15,000 / week 17,412 8,000 / week 7,162 30,000 / week Not one site – many audiences 110,000 listings – 168,000 sessions per week
Understanding interest / behaviour
[object Object],[object Object],[object Object],[object Object],[object Object],How to make the most of the web
>1,000,000 sessions per week 40% up on same period last year
Seasonal pick up– the web provides key indicator
Supply and demand in the local market
Rich / comprehensive property information
Property information at your finger tips
1,528,000 properties in NZ
Every property has a web page
[object Object],[object Object],[object Object],[object Object],[object Object],How to make the most of the web
What are they looking for?
Address Accurate pricing Large images / high quality images Maps Get the basics right!
Richer and richer information
Information online – StreetView from Google
Google Maps – real estate
Email alerts – first impressions count!
Your listings – for your client and for you
Featured listings
Featured listings – cost effective advertising Negotiation Auction Listing # UPH10354  PO081104  Price range: $700k - $1m $750k - $850k Listed:  21 Nov  21  Nov 4,114  page views in January with a featured listing 232 page views in January 17 times more views
14 days with a featured listing delivers an audience of  over 10 times  more viewings than a regular listing $250  inc GST Featured listing for just Vendor paid marketing – that delivers
Buyers - call to action
[object Object],[object Object],[object Object],[object Object],[object Object],How to make the most of the web
 
[object Object],[object Object],[object Object],[object Object]
Courtesy of Business 2.0 How to be found on Google!
The power of links
To be found you need to be online
Part 1: Find yourself on Google
Part 2 : Be found on Google
Blogging – conversations online ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Blogs – hosted on realestate.co.nz
Social Media – building a profile
Free profile page – linked to your listings
Free page – add full profile
Sell yourself!
Promote yourself everyday to over 15,000 people a day ,[object Object],[object Object],[object Object],[object Object]
Login / sign up / profile yourself
“ Homebuyers & Agents have information overload.  Agents must create legitimate value-add services & become the trusted go-to person” Stefan Swanepoel The changing face of real estate
Enjoyed the presentation? www.tinyurl.com/nzrealestate
Proudly supporting the real estate industry

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