Special offer

Don’t Wait for the Tweet, Check the Net, or Watch the Wall – You Won’t See This Here

By
Education & Training with Corcoran Consulting & Coaching

In a recent article in Inman's News, an agent vented that all the time she had invested in social media sites yielded her little for her trouble. As her headline proclaimed "social media sites don't sell real estate." There's no question about that - agents do. But, in this new Web 2.0 world, successful agents are finding ways to make various Internet resources work for them.

Laura Duggan of West Austin Properties did just that. She advertised a $13.5 million listing on Yahoo's home page. Within a short time, it was featured as the number one most viewed listing on there. It rotated through the list as one of the top 10 most expensive homes viewed for five days. They got over 2,000 leads who registered to see listings on their website at www.WestAustin.com  in two days!  See a screenshot attached! You gotta love that viral marketing.

Will all the leads be great leads, qualified to buy a $13.5 million home? Definitely not! There will be undoubtedly be some curiosity seekers who wonder how a single home could be worth the budget of their small town.  

Will the Duggan team have a steady supply of leads for immediate follow up and drip email campaigns? Absolutely! Assuming one person is qualified to buy the advertised home, the 1,999 others are candidates for the stock of other properties handled by West Austin Properties.

Will Laura Duggan be complaining anytime soon that investing in social media isn't worth her investment? Don't wait for the tweet, check the net, or watch the wall.  You won't see this there!

Bob Corcoran

screen shot

Debra Cernick
DeShazer Ryan Realty - Libby, MT

Very interesting Bob. Thanks for the great post and the reality of our modern Internet importance.

Apr 25, 2009 03:08 AM
Laura Gray
RE/MAX Realty Group - Gaithersburg, MD

Bob - That is the beauty of internet marketing , you never know who is "clicking" or saving your various marketing features. One thing is for sure , you attract a much wider audience than an ad in the local newspaper or farming a specific neighborhood.

Apr 25, 2009 03:18 AM
Jason Crouch
Austin Texas Homes, LLC - Austin, TX
Broker - Austin Texas Real Estate (512-796-7653)

Laura is a social media friend of mine through Plaxo, and she is a sharp cookie.  Great story!

Apr 25, 2009 03:41 AM
Karen Singbeil
RE/MAX at Mara Lake | Associate Broker | Personal Real Estate Corporation - Sicamous, BC
Sicamous & Mara Lake Luxury Homes & Condo Expert!

I agree that it may not sell the house but it does give your properties more exposure and that is more contacts which turn into good leads! Thanks for the post.

Apr 25, 2009 03:45 AM
Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

You said it all!    These are just communication devices that our consumers use, and so it's essential to "be there", too.    If we don't, we'll find ourselves down some scenic back road, without noticing where we got off the main highway, and the biz will be tooling along, far from us.    In a shift, one has to "move up".

Apr 25, 2009 04:19 AM
Bob Corcoran
Corcoran Consulting & Coaching - Swansea, IL

There's a lot of new technology to absorb these days.  Laura's success shows the investment is worth it.  Thanks for your comments!

Bob Corcoran

Apr 25, 2009 05:58 AM
Peter Clarke
Your Choice Realty Corp - Ottawa, ON

Hi Bob, another way to create traffic and leads is to write articles about your local real estate market. My new project - www.HousingMarketMedia.com - enables Real Estate Industry Professionals to do just that. Check kit out - I look forward to your feedback!

 

To Our Success!

May 21, 2009 05:13 AM
Bob Corcoran
Corcoran Consulting & Coaching - Swansea, IL

Thanks!  I will check it out!

May 21, 2009 05:24 AM