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Twitter Kings and QueensOne thing that haunts an experienced agent is that when you do a lot a business it is easy to spot the achievers from the wannabees.  Perhaps it is the old 80/20 rule.  That 20% actually get it, and make a living from it, and the others just pretend.  In my own mind, the new real estate social icons in our industry are the "Twitter Kings & Queens!"  It does not mean they produce any sales, but rather they've become larger than life and very visible amongst their social media real estate peers.  So in my mind, and in the minds of many other experienced agents...questions and concerns are raised about the major disconnects.  An old Wendy's commercial used to ask "So where's the beef?" As an industry we must ask claims to fame and success be substantiated, and not just accepted at face value.  Unlike years gone past were earnings were a part of the measure of your abilities, the new social media counts "Tweets!"

It should be no surprise to anyone that real estate is an ego driven industry where puffing and bragging have become so trite that they are accepted as normal behavior.  Those that follow blindly without can create an almost cult like following in the new fads. However, it does not mean they will survive and prosper.  These issues are nothing new in real estate.  Rather it is just the media that is new.  It's exponentially viral and could be an incredible tool.  The new social media can easily boost an individual to gain high visibility, but is their staying power, and profit?  Is the "Tweet peak" just an ego high or can it be converted to dollars?  It's hard to say, because most never talk about their closed volume of sales.  There will always be 'fame junkies' that claim they are the big producers, and those that dream.  In life, there will always be those that "Do" and those that talk a great game, but "Never sell real estate!" 

The buzz words in real estate these days are, "Twitter, Tweets, podcasts, Facebook, social media, RSS feeds, and Blogs."  At first glance these so called real estate socal media appear to be almost random schizophrenic ramblings that make no sense.  To me, Blogging seems have the most structure and it is coherant, covers topics of interest, and makes sense.  You could gain a major audience from it that will actually bring you business you can close.   However from what I see, most of the Blogs, Twitters, and tweets come from non productive agents that do not understand the purpose of what they are doing or why they are doing it.  It may leave the beholder to assume Tweets and Twitters are for those in our industry with real estate attention deficit.  They are not even maximizing the use of it for viral marketing and SEO.

So there is a disconnect when I listen to a great presentation, between what is being said and reality.  "Do they walk the talk?"  It is always a good idea to check it out.  When when I visit a blog or website it is 'Inactive!'  It is a total a disappointment! The last post may have been several months or even a year ago.  It's very sad that the presenter it still trying to ride that 15 minutes of fame and make a living out of it.  So I am at a loss to explain the euphoria about social media if it cannot be backed up with closed sales and referral fees paid.  Talk is cheap.  The end game of the social media exercise should be to sell your talents, make a living out of it, and not just to gain personal fame.  The bottom line is what is the measure of success?  Tweets or Dollars?

On a similar note....several years ago I went to a local seminar on websites, and I listened to a speaker that was a great presenter, but really did not offer any ground breaking advice for those in attendance that actually wanted make money from her ideas.  During the seminar she kept mentioning her website, and when I went back to the office...so I decided to look at the website.  The interesting thing was it was a real estate site that was abandoned sometime ago.  There were missing graphics, and the website was selling juices, vitamins, herbal medicines and nonsense.  What a terrible reflection on the talents and industry professional.  It was also misleading to those agents that attended the seminar, and purchased tapes and training materials.  Making claims of achievement is one thing, but to never have acheived those goals is pretty much a sham.  I sometimes get the same feeling when I go online and read posts, (or should I say "Boasts?")  The claims are so incredulous that there is a disbelief of the accomplishments, and claims that are made by those posting are doubted.  So what message is being sent to the viewers? Are those posting, "Shallow, concieted, clueless, inexperienced, lack knowledge, obsessive compulsive or just plain dreaming?"

The topics we write about and discuss reveals a lot about who we are.  So too is the content we Blog about.  It is easy to understant why so many that Twitter and tweet do not discuss real estate for their topics.   The claim may be that it doesn't have to be about real estate, but the bigger question is why not?   What a great opportunity for high ranking SEO, and professional visability.  My personal feelings...the reason many do not blog or twitter about real estate is because many do not sell real estate and make a living from it.   It is obvious to many they do not understand it.  

There could be many great topics to discuss on your Blogs, Twitters and Tweets that may actually bring you a real business - buyers, sellers or a person relocating and looking for your assistance.  What a novel idea!  Topics could include: contract changes, a discussion of agency, home inspections or inspectors, liability, insurance, defective building products, the importance of title insurance, fixed rate financing vs. adjustable rates, fiduciary to clients, license law, marketing and negotiation strategies are not part of the vocabulary of those that claim their fame of having millions of "Tweets" but no closed sales to back up their wasted time.  So In the future  perhaps we should judge the "Twitter Kings and Queens" by their closed sales volumes.  Performance matters.

 

Jim Crawford REMAX

RE/MAX Paramount Properties  678-595-5283 Direct

Or  888-940-0074 Toll Free Office

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231 Comments on Twitter Kings and Queens - You Don't Seem To Sell Much Real Estate!

NOV
11
2009
288,572 Points 38 Featured Posts Outside Blog

This is certainly confirmation for those that have to work extra hard at their (chosen) profession just to get back here and blog/connect. It aggravates me when I have to blog at 11pm, but at least I'm actually working most of the day on transactions! My pull to get to the blogging aspect is mostly to keep away from the roller coaster trend that a sales job can be - and blogging is a primary source of business for me.

9:37am • #1
287,033 Points 7 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Very interesting Jim.  I've read a lot of posts that are back and forth on Twitter.  Some say they get business from it and have even recruited agents in their office from it, others say it's a waste of time.  I'm not sure how I feel about it yet, but I definitely keep up with it to "keep up with the Jones'" for now. 

Sincerely,

Kathleen

9:41am • #2
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Steve Kappre, Gloucester County, NJ Loan Officer/Mortgage Planner - 856.419.3561 (Treasury Mortgage)  I used the Net for over 13 years to make a great living.  I can demonstrate where ny business comes, from, what I earned, and the percentage of my closed business I can attribute to the source.  Success can also be duplicated.  If we get one closed deal from a source, can you close 20 from the same source.  If not, it is just luck!

9:55am • #3
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Kathleen Cooper, JCKC Realty, Broker, SRES, REALTOR®  Those that make the claims can easily substantiate the claims if they have them.

9:56am • #4
267,859 Points 72 Featured Posts Outside Blog

Interesting. Contrarian in part - which always stirs a little controversy. A little elitist to some degree but not obnoxiously so. Possibly incorrect judgment on your part but until everyone starts posting their numbers on a shared grid we'll never know.

I stick with my experience that it's not the only tool you use, it's how you use the tools you have. You are right about keeping "on brand". So, what are your sales numbers so far this year? :) Of course your title struck me since our network on BTR handles "Twitter Queens Radio".

10:03am • #5
752,565 Points 72 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

I gotta tell you that I agree to a certain extent.  I see people who are on all day.  I think that the value is in the relationships.  Relationships are best built orally.  Whether face to face or via the phone.  However.....I would say that social networking is a mode of the future.  I keep facebook up and minimized when I'm at my computer and dabble with it when I'm on those long boring phone calls.  The fact is that there is a major shift.  We need to capitalize on it or I believe, it will pass you by.  I don't want to miss the boat!  But relationships will rule.  They're best off orally, but I'll take this as well.

10:11am • #6
270,372 Points 8 Featured Posts Outside Blog Attended Rain Camp

Jim,

Blogging is fun, so is social media interaction, but aren't they just different means-to-an-end which is closed sales?

In my market, there are few who are actively involved in social media and blogging who actually close more than a handful of sales. I noticed this right away when I started to blog. I checked out the prominant participants numbers. I wasn't wowed by the amount of business they close.

Even so, I believe there is a great potential here and on other sites like Facebook and maybe even twitter.

But the real money is usually on the other end of the telephone. (remember those?)

 

10:51am • #7
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Ken Cook, FHA Home Loans 678-439-8683  Ken, I think as an industry we need to know what is going on, and what people are saying and doing.  We can never be afraid to ask questions, or raise new topics.  Since I've been in the business there have been loads of fads that come and go.  Real estate agents typically have an 80% turn over in personnel in good times. If we have a 100 agents in an office, how many really produce?  So now that they are on the web...they are successful?  So the reality is...not everyone that is out there today will be doing business in a few years. 

BTW...I never heard the term ""Twitter Queens" before I wrote this. 

11:04am • #8
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Larry Bettag - Cherry Creek Mortgage  I never meant to imply that social media is not efective, but it isn't everything.  I also beleive it is the wave of the future.  It is a strong component of our sales.  I totally agree with you that there is a lot to be said for pressing the flesh, showing up, suiting up, and being involved.  All sales cannot be passive.

11:06am • #9
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Rich Cederberg- Northwest Albuquerque Real Estate Expert (RE/MAX Elite)  Phones and appointments, home inspections, and closings are a big part of the business.  So is understanding real estate license law, contracts, negotiations, contingencies, sales techniques.  There are a lot of skills needed to survive and prosper in real estate and Twittering may not be the first on the list especially if you are new to the business and don't understand the big picture in real estate first.

We need to ask ourselves, "Do real estate skills come first?"

11:12am • #10
784,370 Points 47 Featured Posts Outside Blog Hit Router Attended Rain Camp Called Shot Master

Jim,

History is an excellent teacher here with your topic. Think back until about two years ago. All the "real estate gurus" were esposing the need to be on the internet, long after most productive agents were already there. The "social media gurus" are about in the same place. Many need something new to talk about and Twitter and Facebook are easy targets. I know agents who claim a "facebook" success, when in fact, the client was already in their SOI.

I consider the social media just another tool in my toolbox. Right now they're the hex wrenches. Nice to have but don't get used very often.

Great topic.

Rich

11:38am • #11
220,676 Points 4 Featured Posts Outside Blog

Am in total agreement with you, Jim.  I find it hard to find the time for real work & prospecting, let alone saying "HI" to all the Facebook messages.

1:04pm • #13
224,448 Points 22 Featured Posts Outside Blog Hit Router Attended Rain Camp Called Shot Master

Jim - there are some that just seem to live on Facebook and Twitter.  I like Facebook, and have found it very useful, but am still struggling with Twitter.  I know Twitter will become important for Google rankings, but am slow to jump on that bandwagon.  Personally, there are not enough hours in the day to be a Twitter King or Queen, and still produce enough volume to make a living.  Just my take.

1:21pm • #14
565,012 Points 54 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Thank you for giving me permission to not Tweet or drive myself nuts about learning Facebook.  I need to concentrate more on my localism posting.  I think those social media sites have their place, but I think that place is limited.  There is a whole world out there that does not Tweet or spend the day on Facebook.  If I find it difficult they sure as hell are going to also.  So, writing intelligent, informative posts is what I intend to concentrate on.

1:48pm • #15
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate (Long and Foster® Real Estate, Inc.)  Thanks for the response.  Many are already employing these tools and staying below the radar. You're right.   It is just another tool, and it is the the end all....

2:44pm • #16
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Joan Snodgrass Tri-Lakes Realtors, Shell Knob, MO (Tri- Lakes REALTORS)  On some of the Facebook pages the post will say..."I'm tired and I'm going to bed now!"  Who cares?

2:45pm • #17
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Lina Robertson, ozarks-realestate.com, Springfield MO Real Estate For Sale (RE/MAX Solutions)  I think some are just obsessive compulsive and feel that they have to be there.  Don't get me wrong, I do belong to both of them, but it isn't my life.

2:47pm • #18
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Jane Peters Los Angeles Living, Los Angeles Homes (BRC Realty Group)  I agree with you.  Localism has a big place in what we do to earn a living.  Informative posts...what a great concept!

2:52pm • #19
176,333 Points 8 Featured Posts Attended Rain Camp

I recently checked out a very prominent agent on ActiveRain - couldn't find ANY listings under her name for the last 6 months - there is only so much time in a day - if you are constantly on ActiveRain, Twitter, Facebook, etc etc - how can you possibly have time to get clients into the car? much less sell them, write a contract, do the inspections,etc. etc.

3:19pm • #20
404,350 Points 4 Featured Posts Attended Rain Camp Called Shot Master

Jim - Truer words couldn't have been written..... anyways who needs the internet? lol

Seriously though, Localism posts are what's generating my business and am thankful for it... That's why I do love the Internet and the Active Rain Folks and the platform they have provided us with....

3:21pm • #21
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Lise Howe, Realtor and Attorney Licensed in DC, MD and VA (Coldwell Banker Residential Brokerage Chevy Chase)  I can agree. Well one thing I can understand is my own model is mostly referrals these days, but I supply a lot of agents business.  Our stats show up lean, but there was a time we closed 40-50 sides a year.  We make almost as much money referring the work to other agents.  The business leads come almost exclusively from my websites.

3:33pm • #22
Outside Blog

good job well thought out ...and I agree

3:39pm • #24
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Greater Mortgage Solutions & Valley Hills Realty   I think it is OK for all in our business to separate the hype from facts. We have a right to talk about it, and ask questions.  I did not build a web business from Tweets, but I did achieve it with websites and SEO placement.  Blogging has been a big help.  Localism works best.

3:45pm • #25
195,530 Points 4 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Jim,

I really enjoyed your post. I found it to be both blunt and informative.

I use facebook and twitter and yes I'm a twitterqueen (that is, I'm a member of their website) and I have managed to garner a lot of cool and interesting ideas from them. However, I am not the definition of twitterqueen as you used it. I don't spend all day on either Twitter or facebook, as both are just tools in an advertising campaign and not the beginning and end of it. Although I found this site through Twitter so it's been a great advantage to me.

Generally I repost my blog posts from Localism on facebook and I link back to them on Twitter. Since our web site is not up and fully functioning yet I have been dependant on these three sites to get the word out. But I have to agree with you that some take the social media presence too far, particularily when they have no substance. I tend to only "friend" of "follow" those that can back up the talk and there are many off them out there.

:)

3:46pm • #26
839,998 Points 163 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Jim - In our business, real estate skills will always trump social media skills.  Period.  That being said, I have generated a good amount of real estate income from my participation on Twitter.  I recruited two of our best agents there, and I have had a couple of solid referrals that closed.  More importantly, it has led to some other opportunities for further exposure, including my online radio show with Ken Cook (we met here first, but the radio thing started from Twitter). 

Twitter is a tool worth using if it's used correctly.  I may or may not be a "Twitter King" at this point, but I know that I'm good at selling homes.  :)  Frankly, I remember hearing similar comments from agents when I was setting up my website in 1998: "Why are you spending so much time on that?  Who's going to find you there?"  Eleven years and tens of millions of dollars in sales later, I am happy that I have that website.

3:48pm • #27
580,986 Points 61 Featured Posts Localism Sponsor Outside Blog Called Shot Master

There are good tweeter and bad tweeters and there may even be some "twits" in there.  But to use Twitter effectively is probably not so easy.  I have a twitter account and its mainly for developing local connections - even with local businesses.  I've made a few "friends" that way.  Blogging too has its advantages and disadvantages.  For me, blogging is hard work.  I include a lot of market statistics and valuable information, take a lot of photographs.  Still - it took nearly two years for the blogging to start to "stick" and translate into sales.  For some, it may never happen because unless you post information that is of value, the phone will not ring.

 

3:49pm • #28
724,358 Points 48 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

I use both Twitter and facebook.  Primarly on twitter I follow news and friends.  Facebook, while I started only as personal social use to find old high school friends and keep in touch with family has gotten me a couple of leads that lead to closings.  A family member used me to write an offer because "facebook" kept it in her face daily that I am a real estate broker.  So while I do use it primarily to gain business, it has benefited my business.  And as the broker I hand off leads to my agents so I am usually in the office all day most days, so I make the time for those things, but my business has reaped the benefits of me sitting here plugging away.  I do fine AR much more beneficial than other social media, but I also have fun here too.  Today in fact, my post had NOTHING to do with real estate.

 

4:09pm • #29
240,793 Points 29 Featured Posts Localism Sponsor Outside Blog

Well written post, Jim.  Just the kind of to the point commentary I've come to expect from you.  I receive emails by the score every day by someone promoting their new web 2.0 strategy.  I won't say Twitter and Facebook have no value, but it's still good 'ol fashioned hard work that puts dollars in the bank.  What these social media outlets have let me do (AR included), along with more than a decade of pavement-pounding hard work, is amend our business model to one in which we refer out a good portion of business.  As Rich mentions above, they're just tools...

 

4:11pm • #30
105,770 Points 12 Featured Posts

Hey Jim,

Internet, blogs, facebook, twitter.... the fundamentals of closing the deals remain the same. I've generally found that the people selling it as the Greatest thing since sliced bread are selling something... somehow.

On another note... check out http://twitter.com/duponthomes on how they are using Twitter to engage their followers and take notes.

I see a lot of wasted Twitting out there... there is a way to use it to help close some deals though... Took me a while to get the big "A-ha" but it came...

Thanks for posting something I often think when I hear about social media queens or kings...

4:18pm • #31

Jim good post.  I think that Facebook, Twitter...etc are good tools to gently remind your SOI what you're doing, but not meant to replace face time and handwritten notes.  Used properly (not as propsecting) they are great extras, but not the real thing

4:18pm • #32
278,556 Points 15 Featured Posts

Jim, the internet is a moveable feast. There are so many ways we can choose to market. If you tried to do everything you would be the jack of all trades and master of none. It is more important to do something well. Soemtimes I think that people with out an internet marketing plan are doing the same thing that agents did years ago. I will advertise in the newspapers, the magazines, send out postcards and something is bound to stick. I see the same attitude on the web.  

4:24pm • #33
385,873 Points 6 Featured Posts Outside Blog

Hi Jim, I think you are being generous with 20/80, in my experience it is more like 10/90.

Be that as it may, most of my buisiness comes from contacts developed from my mortgage classes and from the Internet.  It seems to work that most of my blogs are business related and I have developed my FHA Guru brand.

I agree with Larry Bettag when he says that nothing takes the place of face-to-face contact but, in my veiw, it is a numbers game in tying to contact, in a positive way, as many people as possible.

There is a difference, as a lender whose business comes almost entirely from Realtors, I am dealing with professionals whereas Realtors are dealing directly with the public.

Thanks for making me stop and evaluate what I am doing.

4:29pm • #34
732,603 Points 144 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

So true! Too many agents have lost focus with social media. Like Crouch said above "if used correctly". I don't like tweeting so much and don't care for being in 89 places at once. I've got other things pulling at me, namely existing clinets.

4:30pm • #35
2 Featured Posts

You got it!  The proof is in the paycheck. I think you've got to do the things that bring results!

Verlyn

4:35pm • #36
1,039,916 Points 46 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

I feel better already - I thought I was doomed for the trash heap

4:40pm • #37
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Connective Realty, LLC  I basically use it the same way, but I do not live on it.  It does  generate some extra activityon Active Rain, and yes my blog posts are followed by some news worthy folks.  It does get me noticed.

4:40pm • #38
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Jason Crouch, Broker - Austin Texas Real Estate (512-796-7653) (Austin Texas Homes, LLC)  Jason...the thing is ou are not playing on it...you have integrated it as a component of your business.  A business that you already understand.  I met a young agent recently that had it all backwards.  He wanted to focus exclusivley on social media, and yet had no background in real estate for a foundation.  I don't think that would work well.

If you are not a good real estate agent to bein with... the all the social media stuff is not going to help.

4:45pm • #39
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Ruthmarie Hicks (Keller Williams Realty)  You are right.  Blogging is very cumbersome, and to have any real effect it has to have substance.  Each marketplace will be in will be different.  Some smaller markets a Blogger can own the Internet.  In big cities like Atlanta I compete with over 30,000 agents to get a piece of the pie.

4:48pm • #40
314,929 Points 2 Featured Posts Attended Rain Camp Called Shot Master

Hi Jim. I use them as tools and prefer human contact. Garbage in garbage out.... Lisa in comment #20 makes me curious... who is it LOL ~ Lana

4:51pm • #41
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Fairbanks Alaska Real Estate Specialists Jesse & Kathy Clifton 907-699-6024 (Jesse Clifton & Associates, REALTORS®)  I agree that Twitter and FaceBook are tools, but they are not the core of my Internet business.  My website alone drives over 2000 unique visits a day, and has for a long time before I got involved with AR or Blogging.

4:51pm • #42
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Paul Francis, CRS - 702.592.3058 - www.LasVegasRealEstateHome.com (Prudential Americana Group - REALTORS)  Thanks Paul, there is a reality side to this, and it does work, but I like to keep the correct perspective.  I've given many leads out to big Bloggers and Tweeters only to be totally disappointed in the service, follow up or lack of commitment to real estate.

4:54pm • #43
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Marc Baysek-EXIT Realty Rockingham NC (EXIT Realty Platinum)  Well I do use the web to farm for my business, and I've never made more money in real estate.  It is not limited to one media.  The primary source of my business is leads generated from my websites.

4:56pm • #44
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Joe Pryor.com Realtor Oklahoma Investment Properties (Redbud Realty)  A plan is hte key.  Too many agents spend blindly hoping something works, but never know where and why the calls come from. I track them.

4:57pm • #45
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Bill Ladewig Your FHA Guru - FHA and VA Loans Since 1970  Bill Thanks for stopping by.  I tried to be kind.  7% of agents control 93% of the business.  You know what you are doing, whom you are targeting, and what you can expect in return.  Most agents do not.  They think it is luck.

4:59pm • #46
897,725 Points 43 Featured Posts Outside Blog Called Shot Master

The 80/20 rule definitely still applies Jim. Being successful if a real estate buyer or seller is counting on you is way way more important than being social. There are two kinds of people...vocation where your job does not feel like work and your passion shows. The other kind is vacation where they work harder at cutting corners or avoiding work, a thorough job. Social butterflies are fun at parties but give me the little red hen work real estate agent, etc anytime. And as for the tweet 11000 followers..how many do you really know and have seen in person, know personally? Good thorough post. I think the same about the cookie cutter websites and outdate smoke and mirrors. They get a lot of folks sucked in but pretty flash, empty promises are not want folks want. You are wasting their time without up to date, fresh helpful information about the area..they want community information, not just the home, home, home push these days. Treat them like you would want to be treated!

5:01pm • #48
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Verlyn Steward (Prudential Woodmont Realty)  You are right.  For some, developing business relationships may be a better key to success.  We all have our talents.

5:02pm • #49
1 Featured Post Localism Sponsor

I've been working actively on Twitter for about 5 months now.   I cannot point to any deals yet but I'm not ready to conclude that it's a bust. The jury is still out.  Here are a couple of stats that I find promising though.

  • I have 275 followers (which is not very high by Twitter standards). 
  • I knew 4 of them (my son, his girlfriend and two other Realtors in my company) before Twitter so that means I've connected with 270 new people in 5 months.
  • 130 of them live within my immediate market area.
  • Another 15 or so live in my state.
  • In the last 2 months, I've had lunches or other real world meetings with 8 of them.
  • 3 folks are now receiving auto listings from me.
  • 1 has told me that he wants to look for an investment property after Christmas.

The challenge if you want to use this is to get past the mindset that Twitter is a self-contained environment that exists for it's own sake.

The people on Twitter are just people and they live, work and breathe and will all have some type of Real Estate needs at the same proportion of people that you might meet at a Church Social, Lions Club meeing or Block Party.  The have the same potential to provide you with referrals as the folks you meet at BNI or some other networking group.

If I look at the people I've met in the last 5 months from other sources - such as Open Houses, Floor Time or other marketing efforts - I haven't closed any deals with those folks either.  All of the business I've closed in the last several months has either been referrals or they are folks that I met in the spring or last year.

Things take time to gel.  If I continue at the pace I am, I will personally know close to 500 new, local people by the end of 2010. People that did not know I existed before the spring of 2009 I can't imagine how that will not generate business.

It's free, and when you start using some of the 3rd party tools to manage your contacts, you don't really have to spend too much time on it.  I probabaly spend 30 - 45 minutes a day Tweeting.  Usually first thing in the morning when I get to my desk and then again from my iPhone while I'm watching TV at night.

Also - I've met some really interesting folks.  I found a new dog groomer, a great auto-detailer, a fabulous musician who is working with me on some music.  There are also some really, really, really smart people posting things out there.  I've learned a lot from the people that I follow.

So for now, I'm meeting new people, learning from people and enjoying it immensely. I can't see the downside of keeping it in the mix of things that I do.

 

5:12pm • #52
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Andrew Mooers | Northern Maine Real Estate / Aroostook County Broker (MOOERS REALTY)  A lot of life is not about the soft sell, it is rolling up the sleeves, cleaning the toilets, mopping up messes, and showing persons homes and properties on short notice.   There is a lot of substance that occurs in between the posts.

5:13pm • #53
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Rick Schwartz (William Raveis Real Estate)  The price is right, and if you have the time...it may work.  The difference is that you are actively trying to make it work.

5:16pm • #54
248,084 Points 6 Featured Posts Localism Sponsor Outside Blog

Love your commentary.

Atlanta is a tough market.  We have a lot of competition.  Like you, most of my business comes from non social media sources: website, "farm", past clients and referrals.  However, I am investing in the social media as insurance for future business.  Not sure I am getting the return the time and effort justifies right now.  We will evaluate that in future months as we review our business plan.

I will confess I do not find Facebook an appropriate place to "tout" your skills and success.  Needs to be a muted presence in my opinion.  Friends can find you there if they need you.  I do find LinkedIn to be an appropriate social media presence.

Thanks for sharing your perspective on tools for the competitive Realtor!

5:17pm • #55
269,874 Points 59 Featured Posts Outside Blog Called Shot Master

Jim - As an avid fan of all things computer based, I both agree and disagree.  There are people people wasting their time.  There are times when I waste time.  But there are plenty of times when I haven't.  Same goes for blogging, door knocking, and cold calling.  Each activity that is available to us to help us generate business - no matter what it's rooted in, is capable of working for some and not others.  Take the hard sell for instance - I hate it.  I could never use it.  I'd fail at it.  But it does work.  If it didn't, it wouldn't be used.

Is Twitter (or anything else for that matter) The Answer?  Nope.  Nothing is the silver bullet.  You can buy a solution in a box, learn the latest internet fad, and take all the classes you want, but nothing can solve it all for you.

Larry Bettag said:

Relationships are best built orally.  Whether face to face or via the phone.

Again, I agree and disagree.  Yes, there is a certain something you can't get without being face to face.  It is important...no doubt.  Is it necessary?  I don't think so.  All of our relationships should be built however the client wants them built.  I built a strong relationship with a client through emails and text, long before we ever met.  They never answered their phone or returned calls, so there was no voice contact of any kind.  That client when we finally met?  As if we knew each other for years.  The client worked in text and email.  I responded in kind.  It's not for us to determine what makes the client feel best, it's up to us to open ourselves to work with them in a way they feel most comfortable.

As for my numbers?  From Twitter I can attribute 2 clients.  Not much, but I'm still growing.  I will tell you that San Antonio twitter users know my name and what I do and many have sent me questions about real estate when they had a sudden thought and needed an answer.  Without Twitter would they have found me, picked up a phone, and called me?  I don't know if they would.

The key is involvement.  You can shake hands and go belly to belly or you can get to know people on Twitter.  Although I prefer to see someone in front of me, I've of a generation that grew up on computers and know that we can do these same interactions via a keyboard.  Eventually, it must go offline, but in the meantime, you can build.

5:28pm • #56
1,052,991 Points 178 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Tweetering and facebooking are only ways we reach our sphere. In the end, it's back to the basics, Jim. Thank you for mentioning this. What you are online may be somewhat different in person.

5:31pm • #57
247,702 Points 20 Featured Posts Attended Rain Camp Called Shot Master

I do exactly what Rick does.  My goal is to meet local folks that I might not otherwise run into.  I try and limit my followings to local people though.  I do follow RE tech folks for ideas.  I don't need to talk to my friends on twitter, but I do use facebook for that.  I don't really use facebook to meet people though. I use it to stay in touch.  Different purpose.

5:32pm • #58

I think the 80/20 rule has become the 90/10 rule

5:39pm • #59
1,220,493 Points 44 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Twitter is just one more marketing channel in an overall plan. This post could easily have been titled "Facebook Kings and Queens" or "Blogging Kings and Queens" and been just as accurate. How much an agent uses social media is an individual decision, but they also need to hold that time and/or money accountable.

5:41pm • #60

I really believe it depends on how you use these tools if they are effective.  If all you are doing all day long is "tweeting" and blogging and using face book it's a real issue.  I use all of the above to connect with others.  I go out into the public and meet business owners and let them know I want to write about their area or their business.  Then I blog about them, I get their email address so that I can send them a link to the blog, then I put them on a mailing or email drip campaign and befriend them on facebook.  I use on line to support in person meetings and then to strengthen those ties, and yes I am doing business too.

Anna Matsunaga
5:42pm • #61

I enjoyed your blog. It was enlightening and educational in a public media kind of way. I have been using many of the social web sites and I haven't really created any business associations in it yet. I have learned alot about cut & paste tools.

We have a similar saying in our area " there may be 85 agents in this town but ony about 20% of them are actually working full time in real estate."  So, the competition is not as bad as it seems. However, when we take into account for all of the agents in the state then it gets kind of scary.

I think that these social networking sites are great but it must be pretty hard to get leads from them. I won't give up but I also will not expect my real estate leads to come from those sites.

5:46pm • #62
186,349 Points 2 Featured Posts Called Shot Master

I've always wondered how people can sellreal estate when they blog so much. I only have time to blog is when I'm not busy. I have noticed that many people with hundreds of thousands of points started their real estate careers just about the time they started blogging. And now they are considered experts in their field. They had very little experience, but a gift for writing and SEO. All things considered, I would want the paycheck to back it up.

5:50pm • #63
6 Featured Posts

Jim-

I don't necessarily disagree with you here--certain points, yes--but I am concerned by posts like this because I think they provide a mental "easy way out" for agents that are about to give up or have yet to begin their SM endeavors.

It's probably been said in the comments above, but look at Jason Crouch. He met his two top producers via twitter and closed quite a bit of business just last month through them.

See, Jason uses twitter correctly. That is, he analyzes its capacities and does his own thing.

These bah humbug posts are fun, and this one is particularly substantive--but they almost always error in the same way as your "twitter Kings and Queens"-- lack of data. Plus, why is the burden on them to prove to skeptics that twitter makes them the bucks? They think it's working, so why would they have to prove it to you?

5:58pm • #64
128,109 Points 1 Featured Post

I don't post everthing because I don't want the agents in my market to pick up on my niche..

Yes, I get buisness from tweeting and facebook...  My average sides in Michigan were 24, I'm working on my 60th tranaction this year...many from localism...facebook and my realtown blog...

In my area, other agents don't get it and I really don't want them to...  I will continue to post, give information for the public, and not brag about where all the leads come from...

I am a little independant firm and the largest Re/Max office in our area asked me to come teach his agents how to get and close internet leads... more than once...needless to say I have chuckled a couple of times...

My internet clients say they feel like they know me, that's why they do business with me...

On facebook my older clients and I are friends... I am always on their facebook page giving helpful hints....

Angie Ridley...

6:03pm • #65

Jim

well put post and very interesting angle for this group of readers. the 80/20, or even 90/10 rule is surely in effect.  its important to keep the dollarization of our marketing efforts into perspective ni thinks like twitter, and a/r.

great platforms for showmanship, but sometimes easily confused with excuses to not really do much business.

6:12pm • #66
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Sally English, www.ENGLISHTEAM.com; GRI CRS (REMAX Executives, Inc. in Atlanta Georgia)  Thanks Sally.  Atlanta is a hyper competitive market, where every second counts.  I still do not get the return on Blogging that I do in SEO and webs.  That is OK, it is a component of my marketing exposure, and we have tallied up sales and listings from it.  It is an investment in the future.

6:14pm • #67
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Matt Stigliano (RE/MAX Access - San Antonio Real Estate Rockstar)  Matt I think your perspective is right on!  You can attribute sales directly toa marketing effort.  So can I.  Even if it was a totally new technology, I would be willing to wait until something triggered.  I can also identify interviews from local media directly to a post.  It works, but it isn't a fad with me.

6:18pm • #68
768,025 Points 62 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

As a broker the statement PERFORMANCE MATTERS says it all. I don't care how active you are on any platform if your results are low then you're doing the wrong stuff. Course corect and figure out what the top 10% know that you don't know. Quit wasting time on stuff that creates zip zero nada.  Of course that's not aimed at you Jim!  I know you!

6:19pm • #69
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Melina Tomson, M.S. Salem Oregon Real Estate Specialist (Tomson Burnham, llc)  It can also be used to brand ourselves amongst those we would like to do business with.  I think you are headed in the right direction.

6:21pm • #71
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

John Novak - Las Vegas and Henderson NV Real Estate (Keller Williams Realty The Marketplace)  Amen!  And time is money.  What we do should have is a monetary measurement at some point...otherwise we are just fools with another addiction.

6:24pm • #73
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Anna Matsunaga  Occasionally I do the same thing.  However, I still have a lot better return on my SEO on my own websites.

6:26pm • #74
554,129 Points 8 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

Jim, I'm so busy there is no time for twitter.....I think it's because our website is already generating leads and we're work it hard.  I know Twitter is a way to stay connected to past clients, however, I can't keep up now.

6:43pm • #75
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Anna 'Banana' Kruchten, Phoenix Property Shoppe  Thank you for your comments.  We must build on firm ground where we already know what is working.  Another thought I had as I read the comments, is why are all these seminars, webinars doesn't anybody question the validity of what they are being told?  If I am at a seminar where I have live access to a website, via my laptop, look up a website.  See if it can be found online easily, or is it just hype?

6:54pm • #76
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Rose Sutton (United Country West Coast Realty)  For as much as I Blog, comment, and post...nothing compares with the leads generated from a good website.    I get hundreds per day.  I do not get anything remotely near that from Blogging, Twitter or FaceBook.

7:05pm • #78
295,340 Points 15 Featured Posts Called Shot Master

I guess I agree with Ian, there are parts of this that are completely true and I agree with you, but the slant of your post will definitely help other agents excuse themselves out of social media venues.

For that I guess I can only thank you!! (But it's not so good for them.)

7:06pm • #79
239,272 Points 1 Featured Post

That was a very interesting concept about Twitter.  I set up my account on Twitter and people that I don't even know are following me.  I think there is little content about Real Estate on Tweets because it is hard to say much in 140 characters or less.

7:10pm • #81
462,329 Points 29 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Jim,  I enjoyed reading your post and the comments too.  I'll take a solid paycheck from my clients any day over Tweets and Twitter followers.  My blogging on A/R for two years has helped me reach my local consumer target clients and that's the main reason I'm here.  It works.

7:11pm • #82
382,260 Points 19 Featured Posts Localism Sponsor Outside Blog

I just joined FB about 2 months ago and I was on Twitter but did not spend much time there. Still, I have had my best year ever (attributable to my website, SOI and AR, ). I recently installed tweetdeck which makes tweeting more interesting but I am amazed at the amount of time spent tweeting. Some people tweet every 1-2 minutes!! It will be interesting to see how many leads I receive and close next year from FB and Twitter.

7:12pm • #83
110,065 Points

Great posts and comments by everone. We won't always agree that one tool (Facebook, Twitter, ActiveRain, MySpace, LinkedIn, YouTube and the list goes on and on and on ... ) is better than the other, but one think I know for sure is that we can use any or all of these tools but it is only a part of what works. The belly-to-belly does work. No belly, no money! I use many or most of these tools and I never forget about the belly part because that's also the money part!

Jean Richer
Ottawa ON

7:12pm • #84
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Ian S. Greenleigh (DriveBuy Technologies)  I am not really saying "Bah Humbug" to the new social media, I used them.  I am not obsessed with them, and I have closed good business from them.  However, proportionally speaking, if I were to have spent this amount of time on my websites alone...there would be a much better return.

In real estate we have million dollar clubs, platinum, gold members, diamond clubs.  Even CRS designation was based upon closed sales...  So why not share some success stories and back them up with dollars earned.  It was common place for Internet speakers to do this just a few years ago.  Or are those in social media ashamed to admit...they are not closing a lot of sales from these new social media outlets?

If I were making an investment, I would not be to forward if I asked before signing a contract what type of return can I get on my investment?  So why would we not ask the same questions here?  Time is money!

7:14pm • #85
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Complete Realty, LLC  Excellent!  Very impressive.  The Internet accounts for over 85% of all business we close either directly or by referral.  The portion that I would say that comes from Blogging or social media is less than 10% of that online business.

7:18pm • #86
851,352 Points 153 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

Tweeting and Facebook are no different than being here all day, UNLESS.....you are blogging for business.

I try to mix it up...my outside blog is just business so easy to focus.

I go back and forth on whether to send my blogs to twitter, I turn it on and off.

I think you can get addicted when you first start blogging and using social media then you realize you have to focus on your clients and get back to the money making activities. That's why I haven't been here or on the others as much. But, it's ok, I check in daily.

Very well said, Jim.  Benn on Agent Genius did a similiar post this week.

7:19pm • #87
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Greg George (NC Mortgage Guru, Specializing in Conv, Rehab, Jumbo, & FHA)  The last few years in Atlanta have been very rough, so I had a lot more time to develop webs, Blogging, and social media.  My best single return is Websites.  They are still returning a lot of leads each day that I am starting to question time spent in other areas.

7:21pm • #88
254,906 Points 4 Featured Posts Outside Blog Hit Router

I wouldn't say that I don't understand Twitter, it is that I don't really enjoy it. For every 1 quality tweet it seems like there is 100 stupid or useless tweets. I am much more comfortable with Facebook.

I am sure if I was to spend more time on twitter I could find a use for it but if I spent more time playing golf I am sure I would shoot better than the 106 I carded today. So be it.

7:23pm • #89
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Dawn Maloney, CDRS Elite (RE/MAX Commitment)  A craftsman will tell you that to become a journeyman from an apprentice level takes at least 4 years.  During that time, the apprentice will make loads of mistakes, but he / she will be guided by a master.  It is not the tools, but how they are to be used that matters.

7:24pm • #90
1 Featured Post Localism Sponsor

I guess the only other comment I have is actually a comment I made n a different blog last week.

Why must we choose between being great online marketers and great Realtors? 

It may not end up being Twitter - it could be the next thing or the one after that - but SM isn't going away.

  • If you put all your eggs in online social media you'll probably go broke pretty quickly.
  • If you put none of your eggs in online social media, you'll probably go broke in a few years. 

The home buying public is not, by and large, joining Twitter, FB, Youtube, etc because they want to meet a Realtor.  They are joining the SM platforms for their own reasons - but they are joining and many of them are getting really involved - why would we want to hide from them?

 

 

7:25pm • #91
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Sybil Campbell Realtor, ABR, SRES Williamsburg Va homes for sale (Long and Foster, REALTORS®)  140 characters is less than a META description on a web page.  It is almost impossible to fit many ideas into such a condensed frame.  To those reading many of them, they sound disconnected, aloof, and wanting.

7:26pm • #92
105,700 Points 2 Featured Posts

Hi Jim,

There's no arguing different peoples approaches to social media, we're all internet alchemists to one degree or another when it comes to pulling sales off the web. I'm basically with you in terms of being detailed and to the point. Just give me the hard data and let's get on with the heavy lifting. But a lot of folks favor the 'social' side of the equation and seem to have plenty of clients as well.

As for the social lions... AR is a bit of a club, isn't it. It takes all kinds.

7:27pm • #93
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Barb Szabo E-pro Realtor Cleveland Ohio Homes (RE/MAX Trinity)  I noticed many that used to Blog are now on Facebook almost exclusively.  It will be interesting to see if it produces major results. 

7:30pm • #95
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Jean Richer (Keller Williams ~ Ottawa Realty Ltd)  You're correct...it is the appointment that matters.  We need face to face contacts to sell ourselves.

7:33pm • #96
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Missy Caulk-Ann Arbor- Realtor(R)- Ann Arbor Real Estate (Keller Williams-Ann Arbor)  Missy, you are so right.  There has to be a balance, and it has to be a focus toward clients, needs and real estate.  We have to ask ourselves "Are we running a business or a popularity contest?"

7:36pm • #97
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Overland Park Homes for sale and Real Estate :: Michael Russell (Overland Park KS Realty Executives )  I could also improve my score in Tetris if I spend 18 hours a day playing it.  However, it is not bringing me money.  A good golf game, may return you more in networking and business other than tweeting about golf.  Face to face is good.

7:38pm • #98
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Rick Schwartz (William Raveis Real Estate)   No point hiding from anyone that I can do business with.  I also agree that I cannot put all my eggs in one basket.  I've done that before.  It was a mistake.

7:41pm • #99
507,026 Points 36 Featured Posts Localism Sponsor Outside Blog Hit Router

Thanks for saying what is on your mind Jim! For some time now I have found Twitter very boring and non productive to getting clients. My clients find me from Activerain and referrals. I've been almost too busy to blog lately because these clients are closing on properties. Tweets are the last thing on my mind.

7:55pm • #101
1,065,517 Points 156 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Jim, some of the "royalty" probably are starved for attention and the Twitter venue gives them star status.

7:59pm • #102

Well Jim, interesting take, but as a "TwitterQueen" (I am an actual founding member of the group at Twitterqueens.net), and as an experienced REALTOR, I take umbrage with your blog post.  I don't disagree that there may be those out there who are talking the talk without walking the walk, but sounds to me as though you may be sucking on a few bitter grapes... would you disagree?

I am the #1 Coldwell Banker Agent in my State, #1 in my office, and in the top 10% in my market, I am also an extremely active Twitter user (over 33k tweets), and avid blogger, I teach Social Media for the Real Estate industry, and I also have partial ownership in a Social Media consulting business, so sir I call you out on your comments above and I take it as an insult that you would be so bold as to assume it is all about Ego (nothing wrong with a healthy dose of ego when it is earned and warranted), or that is the point of Social Media.  You sir obviously do not comprehend it.

I have metrics to show that Twitter works, I have clients I have closed, referrals I have placed, a network of fellow REALTORS I can trust and rely on, who embrace the latest technology, and are capable of multi-tasking, working hard, selling houses, and "tweeting" at the same time.  It only really requires a modest intelligence, but I suspect if you did an IQ Test, those on Twitter would test as the 99% percentile in the country easily.

Are there those that don't sell, and aren't successful? Aren't there always that sort in any industry?  Perhaps someone in your market has upset you and provoked such a blog post, but I read your post more as reactive to a personal experience than as a scientific or analytic review of the media.

What do I find on Twitter when it come to REALTORS? I find people who are willing to share, willing to help each other, to reach out over company lines and market boundaries to offer support, to help elevate our profession, to use each other as sounding boards, to seek advice, to uphold the Code of Ethics, to keep that higher standard alive, to bring us each closer to a more ideal industry. We all share the same love of the industry and strive to achieve more. I know so many who are top agents, who take the time to discuss their experience, and help others. Part of this is the reason we created TwitterQueens.

TwitterQueens exists to "empower women" through the use of Social Media, but we welcome men and women alike. We do not only have REALTORS, but that is a large portion of our members. We have nearly 400 members, many are tops in their market, in their office, and even in the industry. Where do you stand in your office and market?

Everyone is allowed their own opinion, and I respect that, but to me your blog post reads as though a particular person has offended you and you are calling out a whole segment of our industry.

I was recently at a TweetUp (event where Twitter users meet at a location, and non-users are welcome, we are friendly and inclusive people) and someone in an unrelated industry asked me "Why do so many Real Estate agents use Twitter?", I had never thought of this because the circles I swim in are Real Estate industry folks, so to notice the abundance was not something I was considering. But - this individual who had nothing to do with the industry noticed the correlation, and it brought me pause to think of this for a moment.

Aren't we often on the cutting edge of technology, or the first to embrace it? From Cell phones, to GPS devices, to Computers, our industry has a long history of embracing new technology, while the naysayers kick and scream - you end up being dragged along (when did you get your first cell phone which was the size and weight of a brick, if you are such a "long timer" in the industry I expect you will say 1989?).  So - as a pundant you understandably don't "get it".  Honestly, I don't want you to get it, if you don't get it then someone who does will be happy to help those clients who are seeking assistance on Twitter, Facebook, FriendFeed, Linked-In, Wordpress, Blogger, Blogspot, etc.

This month alone: I have 5 ratified contracts (11/11/09 is todays date), 1 client is from Twitter, 2 clients are direct referrals from friends I reconnected with on Facebook, I am referring a client to an REALTOR I know from Twitter, my consulting company got 5 new clients from Twitter connections... I do not believe I need to continue listing my connections and results.

I am a full-time REALTOR, I am tracking for 27 units for the year (with 10 weeks off for medical reasons), I am a Mother of two, I am a wife, I have a consulting business, I work for charities, I support my community, I teach, and I tweet.

So Jim, now you have met a TwitterQueen for real.  What say you sir?

 

8:07pm • #103
223,351 Points 2 Featured Posts Attended Rain Camp Called Shot Master

I think I just started an ActiveRain Twitter war by alerting 'The TwitterQueens' to this blog, on Twitter.  That would be 1 of them^

I think they will have a few things to say about this.

Like everything Real Estate, Everything is not for Everyone

What works for one, may be a waste of time for others.  One thing I think we can agree on is that print media is on life support while the internet grows by leaps and bounds

And lets not forget that Social Media Recently surpassed PORN as the number 1 thing on the internet For the First time ever.

There is definitely something worth exploring

8:08pm • #104
300,676 Points 55 Featured Posts Localism Sponsor Outside Blog

Jim - I am a firm believer in what you are saying, as I know how much productivity is lost with all the time that is consumed with social media.  Since I spent a good portion of this year out of town taking care of my parents the one and only thing I could play around with from a distance was enhancing my online exposure through social media.  Has it increased my business?  NO.  Sure, I still get leads from my online activities but I think my business was thriving just the same before facebook, linkedin, trulia voices and twitter.  Although, I must say AR and my point2 website are avenues that DO bring me business and I know for sure are worth the time and money spent. I am certain that all the others I can do without and still produce the same results

8:19pm • #105
868,299 Points 50 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp

It was interesting to read your post and then Ken's response.  I think you certainly have a point.  I am on too much social media, and until the last few weeks not seeing the real and direct benefit I wanted...  and there are people that are one 10x as much as I am... I wonder where they find the time. 

8:32pm • #106

Jim,

I would presume that this post was written to do just what it's done - create buzz.  There is no virtue to this post, it doesn't educate and it doesn't inspire - it does however insult others.


If practitioners are so innocuous when on Twitter, why are you concerned about their activities?  This post makes no sense, unless your goal was simply to offend/hurt others.  Which is great since it's so very difficult to find judgmental people - I'm so glad I found this. #sarcasm

But I do want to pose this question - if the measure of value for time spent online is close transactions; what is the virtue of blogging on Activerain which is targeted to other agents?

I am only a moderate user of Twitter, but I have made good connections there of both consumers and practitioners.  I also happen to simply enjoy it.

Your post to negates the truth that some people are good at engaging others and building relationships with the myriad of tools available -including Twitter.

If it's not for you, than great. and that’s not ok.  I’ve never heard anyone chastise people who aren’t on the system.
Just as you do not see the value of Twitter interactions, I do not see the value of clearly attacking another human...  Well, other than hubris or traffic on your AR blog, I suppose.

Matthew Rathbun
8:41pm • #107
101,747 Points 2 Featured Posts Outside Blog

 Jim,

As in any sales field 10% of the people do the majority of the sales so it's not surprising that you'll see a lot of people on twitter or Facebook who don't do any business, similar to those that blog on ActiveRrain. There plenty of people around here with badges and points and banners and trophies that don't close much business. Who really cares?

 There is a process for twitter and Facebook but most won't understand and go back to basics.   Facebook can be a better way to drip your sphere of influence. If you're the typical e-mail newsletter campaign purveyor and it works for you great; but I just think about how many e-mail newsletters I receive that I never even open. So learning how to direct information through Facebook without hitting people in the head with the typical real estate frying pan mentality, a sphere can be touched in much better ways.

 As for twitter,  twitter is a much more difficult venue for the average person to master. There are a lot of pitfalls, traps, time wasters that really sidetrack people. In fact the only way to use twitter is with third-party client like to tweetdeck or seesmic desktop. This way you can use the software to monitor certain (hyper local) terms. I have my third-party client set up to alert me when people are talking about my trade area, industry news and issues want to stay on top of. Twitter has become a replacement hub (not completely) for my RSS feeds. I can scan local news, local issues, industry news, industry trends that affect my business faster and more efficiently.

I feel pretty confident that my participation in places like Facebook and twitter and help me stay connected with clients and colleagues, definately expose me to new marketing ideas, and keeps me on top of my game.  I know my sphere is reading my Facebook feed, cause my activities and postings come up in conversation.  This is a far more effective drip campaign than most people realize.

 My goals are pretty straightforward, I need to stay in touch with my local market, what my local competition is up to, what news is taking place in my market, I need to stay in touch with the industry so I can provide the latest and best tools for my clients and my market; twitter, Facebook, ActiveRain are some of the ways I can do that; but the biggest mistake most agents make when they get involved with any of these websites as they forget to be HYPER LOCAL.

I'm licensed in California, my most effective range to be the best service to my clients is a 25 mile radius from my office. So blogging, twittering, or Facebooking to people in "Donkey Spank" Alabama is a total waste of time. The majority of my interest in any of these sites is what's going on in that 25 mile radius from my office.

One last thing I would caution is that before you make judgment on someone's production level, make sure that you have their production level correct. I work in an area that is covered by two different multiple listing systems and a competing agent took a shot at me thinking I have low production not even considering the production I had on the other MLS system. This is a factor when you live on the border of two territories, the producing agents belong to both and provide a better service to their clients.

8:41pm • #108
327,401 Points 61 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

I find Twitter's format to have tremendous capacity for business generation.  I further find it to be the latest in a long line of affronts to the English language, tucked in neatly behind text messaging.  Technological shorthand is the fifth horseman of the Apocalypse. 

I am a contributing marauder, and I hate myself for it.

8:42pm • #109
681,152 Points 18 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

This certainly has turned into a very intereting discussion.  I am still up in the air about the benefits of social media... I guess it is important to look behind the tweet curtain to see who is really there!

8:43pm • #110
1,230,151 Points 262 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

Jim...

I find most of the social networking tools available can lead to business if used appropriately ... and correctly!

8:54pm • #111
161,972 Points 1 Featured Post Localism Sponsor

Jim-  I don't totally disagree with your premise, but interestingly enough, I found this post via Twitter.  If kept in perspective, I believe there's a place for everything.

8:56pm • #112
4 Featured Posts

Just so you know up front, I am #2 of the three founding members of twitterqueens.net.

I remember being very confused about how Twitter fit into a business profile.  I can even understand why you wouldn't like to use it and agree that if you don't like the medium then you should NOT. 

What I can't understand, however, is how you made the leap to assuming that people who are active on social media don't turn numbers in sales.  Did you do a study?  Did you ask some heavy hitters for their current sales volume?  What are your metrics for this very inflammatory throwdown of a blog?

I know many very successful agents that manage their own blog, write on guest blogs, keep tabs on their Facebook and Twitter and are growing their business with these mediums.  I happen to BE one of those agents.  It may seem to you that there is no way we could ever get all that done and still actually meet people, but we do it all the time.  Your level of multi tasking or priorities is obviously not the same as mine, for example.  I, for one, don't watch TV.  I use that time on my social media work. 

Social media is an emerging tool.  It should be considered as a form of marketing and prospecting and used in that format.  It has been VERY effective for me.  I could bore you with success stories, but that isn't what you want to hear.

9:05pm • #113
223,351 Points 2 Featured Posts Attended Rain Camp Called Shot Master

Ted Mackel  I could not disagree more.  But that is the beauty of things, in our business and our country

As a Florida Realtor I am much more interested in the Baby boomers in the other 49 states as well as Canada.  And than there is the European investment in the tremendous deals available in my state.  

Some people's business comes from farther out than their own backyard.  I would estimate 80% of my deals involve people over 500 miles away.

 

Richard Weisser gets it, as does Maya Paveza #TwitterQueens

 

Marilyn Katz was LoveTheGulfRE in that Tweet??? cause that would be me, stirring the pot, so to speak

9:06pm • #114
146,061 Points 2 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

 

Jim - If I didn't know better, I'd say this post was written with the intent of getting people all riled up and generating yourself some Google juice in the process.  :)

 

There has been a paradigm shift in this industry. 87% of people now search for their homes online. Advertising real estate in newspapers is just as effective as grabbing a fistful of money and setting it on fire.

 

Agents who cannot SHIFT with the market are going to get sh*t.....I mean, left behind.

 

Social skills are the most important thing in this business. Real estate IS relationship marketing.  And developing NEW relationships happens on Facebook, and Twitter, and blogs.  I'm cultivating business relationships on Facebook....things are percolating. Have I had a sale yet from it? No, but I'm getting a relocation listing from it. Not bad considering I  never "met" the person in real-life until recently, I stand to make upwards of $5K, and have been Facebooking about 6 months. Not bad for free media.

 

That doesn't mean I've stopped cultivating and growing my real-life connections. It means I've branched out into the wide world and it's working for me and I like it. Nothing wrong with that.

 

Do what works for you.....don't do what doesn't.....and if there is time left over for judging others, well.....that just means there's some free time that can be better spent….either building the business, or spending time with the family, or taking a nap.

 

As for me,  I’m putting on my pajamas.  Peace out, bro!  :)

 

 

 

9:09pm • #115
314,929 Points 2 Featured Posts Attended Rain Camp Called Shot Master

Talk about controversy --- but in comment #8 Jim explicitly states:

"BTW...I never heard the term "Twitter Queens" before I wrote this."

It's like a publicity stunt. Ironically heightened by Twitter LOL...

9:15pm • #116
406,830 Points 35 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

I enjoyed reading this post in it's entirety and have to agree with you. I have complained (mildly) in the past that I do not have a s much time to blog as many people here but the reality is that I am busy listing and selling real estate here in Austin, Texas. You certainly nailed it here and I also agree with Jason Crouch who I know has actually increased his real world business through Social networking. Karen Kruschka also humorously echoed a personal sentiment of mine in her comment. Thanks again for a very direct and compelling post!

9:30pm • #117
690,196 Points 83 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

I keep getting Facebook invites from people I have no idea who they are.  NOW . . . if they were planning to buy in the Metro Porrtland area, I'd be their friend, in a heartbeat!  But, similiar to those who call to solicit MY business, with friends like that . . . as the saying goes.

9:42pm • #121
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Maya Paveza (Coldwell Banker Preferred)  Thank you for your thoughts.  Not every person is going to be as talented as your self.  You have done well, and will probably do so for years to come.  Most of the persons I've met, and Twittered away in my market are out of business.  Including those that taught it en masse to those that drank it all in like Kool Aid.  Their offices are now closed, and the agents are gone.  Theor office had one of the lowest ratio of closing per agents in town.  They specialized in social media. 

I have never said that social media does not work. However it will not work for all.  For some it may even be an obsession. Since we are not clones, everyone carries a different message.  The impact of each tweet will vary from market to market.  For some it may be very successful, but the marority in this market are not making it on social media alone.  I know that the same 80/20 rules apply to social media, however, some agents seem a lot larger than life.  They simply do not produce on any level.  I've even had brokers mention this to me.

9:49pm • #122

Twitter is great for some, not so great for others.  Such is life. 

I am glad the Twitter Queens are doing so well ... i like their site!  Very nice!  I am happy for anyone succeeding, and if twitter is a big part of their success... then great!

 

But as for this quote from the Twitter Queen in post #103:

"It only really requires a modest intelligence, but I suspect if you did an IQ Test, those on Twitter would test as the 99% percentile in the country easily."

Sorry, Twitter Queen, but I have got to call B.S. on that one.

Tim Wilson
9:49pm • #123
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Daniel J. Hunter, If I Can, I Will. (Hudson, FL Realtor with Fruits Real Estate Services, Inc.)  I never said not to explore it.  Many in real estate are going to flounder because they do not understand the basics of real estate, marketing, contact management and contracts.

9:51pm • #124
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Lane Bailey - REALTOR & Car Guy (Diamond Dwellings Realty)  Our own market is very saturated and difficult to work right now.  We still have too few buyers, and too many agents.  It is very difficult to see where the best return will be.  Since all real estate is local, in some markets social media may dominate.  Not here.  I've still found the web in Atlanta my best return.

9:56pm • #126
101,747 Points 2 Featured Posts Outside Blog

Daniel Hunter,

For you - you are in a market that is global or national.  ;)

10:00pm • #127
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Matthew Rathbun - It was never meant to offend but to enlighten.  Dialog is good for all isn't it?   Every day you can read real estate Blogs written by those that obviously do not understand real estate, license law, negotiations, they give legal advice (even thought they are not lawyers).  They also talk about commissions which is a direct violation of Anti Trust Law.  They mention deals  they are in and ask questions that should be posed to their broker or a lawyer.  It is a sin, that thier lack of knowledge is also viral.  It is multiplied by rss feeds and the threads go on. 

Social Policy needs to be developed just to tell a lot of agents they have gone beyond the bounds of violating real estate license law in many states but may have even set themselves and their broker up for liable.   There is a darker side to social media, Tweets, FaceBook, and Blogs.  It is called "Lawsuits, and liability!"

10:04pm • #128
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Ted Mackel Simi Valley Homes For Sale Simi Valley Real Estate Agent (Keller Williams Realty Simi Valley)   Thank you for sharing, and you definitely have a plan.   I do feel FaceBook has a better place for peer to peer and past clients.  I also understand and agree with your comments because of the MLS.  I understand MLS, referral agents, teams etc... 

10:08pm • #129
223,351 Points 2 Featured Posts Attended Rain Camp Called Shot Master

seems I stirred up quite a hornets nest.  And while the twitter queens are here because I alerted them to the blogpost, it was also because i just happened to follow them early on, and as a result I realized the power of Twitter.

Should I stick with the Tried and true print media?  ROFL, yes that was rhetorical.  Our firm went from 80% dollarwise print 2+ years ago to 90% online marketing.  Only print media we will consider is one that includes a virtual presence.

Everyday it seems someone is inviting me to the latest greatest, UGH

Facebook, twitter, Activerain, LinkedIn, BrokerAgentSocial.com, Naymz, mybloglog, trulia, Zillow, delicious etc...................

it goes on and on.

I joined them all and evaluated.

I focus on AR, knowledge and SEO.   I learn and network on Twitter, using it as a realtime newstream

Facebook is for friends & family & hopefully referals

LinkedIn seems to have promise based on its numbers, but....nothing yet, probably a result of not being prioritized higher

the rest have all but fallen by the wayside.  At one time I thought my head would explode ~ websites, screennames, passwords, updates AAARRRGGGHHHH

I found my favorites, right or wrong, this is what I am pegging my future business on.

Hyperlocal, broad involvement, Tech Savvy

easily found on the web.  Do not believe me?  google 'lovethegulf'! the results are all me & that is only one angle of my marketing

I actually expect to be better because upon reading a few blogs here, I am going to delete my Wordpress & Blogspot blogs, after some more research, as they are but copies of AR and splitting up my google juice.  Originally writing one post and copying the HTML to two other blogs really was not that big a deal.  But the dilution appears to be.

I am lightyears ahead of my clients on the net, and even my co-workers.  Some have joined Facebook but most are just taking advantage of Web1.0.  One reason tho is that one of our realtors has a son that, all he does is create Realtor SEOed buyer lead generating webpages, for the hosting fees.  So that agent has 20 SEOed websites and other agents have taken advantage of it.  But the webdesigner/hoster will not allow competing Realtors to have access.

The agent actually ranks higher than our Firms webpage (I personally have problem with that)

being positioned at the forefront of web2.0 can only be a win IMHO

10:13pm • #133
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Marilyn Katz - ABR, e-PRO - WestportCTProperties.com (Prudential Connecticut Realty)  A lot of my Blog traffic comes directly from Twitter.  I do not have a problem with the functionality of it. 

10:17pm • #134
546,564 Points 11 Featured Posts

Hi Jim -- Well said.  Without performance, there is no need for any SM.

10:18pm • #135
223,351 Points 2 Featured Posts Attended Rain Camp Called Shot Master

TED Mackel you are correct.  And i think that is very important before forming conclusions about 'anything'

it has been said over and over again 'Real Estate is Local'  even if the local Real Estate just happens to be Global.

I have had an Irish lady receiving listings for virtually my entire 5 years in business.  She was one of my first internet leads, but she is caring for her sick mother.  Eventually she will buy a personal Condo in Pinellas and a few investment units, but her time is otherwise occupied.  She does look at the emails EVERYDAY  though.  That I KNOW

Back in the begining we were looking at about $1mm in sales.  She may still spend that, or she may settle on the same number of units at a lower price.

Because of this, I think blanket statements, aside from the 80/20 rule, should be carefully analyzed before being 'put out there'

10:24pm • #136
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Lesley Lambert (413-575-3611) Real Estate Agent,Realtor,Westfield, MA (Park Square Realty serving Western MA)  I give out loads of referrals, and I am constantly amazed at how many solid leads are dropped by agents I find even on Active Rain and in Twitter, that just never get around to following up on a hot lead.  I have attended many seminars, and check out the inactive stale sites. Because I am a real estate trainer and columnist, I am constantly asked by brokers of these non productive agents on what to do.  So yes there is a disconnect.  It does not mean it is more than other areas in real estate.  However it is much more visible.  Social media is perfect for viral marketing, but it also magnifies the problem.  All you have to do is read the posts.  Most of these agents are not selling anything, and with very little knowledge of real estate.

10:25pm • #137
223,351 Points 2 Featured Posts Attended Rain Camp Called Shot Master

Chris Olsen gets it.  Although I hear all the time about agents/brokers/firms that spend so much time on the internet/social media yet are not able to track what works for them.

I hope someday to be a Jason Crouch or Lenn Harley, but for now my primary AR goal is Learning from those more experienced/knowledgeable.  

and just because one thing makes one agent a top producer, it does not mean it will make all a top producer.

10:28pm • #138
610,797 Points 26 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

Jim, it's been said in other comments, but it's really the 90/10 rule now. I find that Twitter and Facebook allow me to connect with other people here on AR in a completely different and more casual way to get to know them better. It's also been great to connect with my family out of state.

It's a way to keep your name in front of people so they remember you when they have a need. Even Realtors can't remember other Realtor's names after a few months, so how do we expect the public to remember? Do you have to do it? Not today, but then you didn't have to have a website 10 years ago...

10:30pm • #140
290,596 Points 14 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Sounds like a little bit information, a little bit sour grapes, and a little bit of unnecessary testiness. But, what-evs. Yes, I said it!

10:30pm • #141
223,351 Points 2 Featured Posts Attended Rain Camp Called Shot Master

Jim Crawford, brokers actually ask you what to do with Dead Wood?  lulz

doesnt exactly sound like they are the best businessmen.  

I hope you do not feel under attack because I had an initial difference of opinion, and I just happened to know the Real Life TwitterQueens and brought them here.  obviously this has been a very successful Blog

And alot of great differing viewpoints in the remarks

10:33pm • #143
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Lana Robbins P.A., GRI, Realtor ® in Tampa Bay, Florida (Coldwell Banker Residential Real Estate LLC)  That is correct.  I never heard the phrase or saw the term "Twitter Kings, and Queens"  before I wrote this Blog post.

10:33pm • #144
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Russell Lewis, Broker,CLHMS,GRI (AvenueOne Properties, Austin Texas Real Estate) Thank you Russell.  Even if we look at Active Rain, there are over 150,000 members.  Most are not active.  Most will be replaced by other Bloggers and ideas in short order.  Many have moved on to find something they assume better.  I am sure there is no uniform standard of success for all Active Rain users.  Some will achieve success and many will not.  Will it help?  Of course it will.  It is another tool to be used for SEO, Google juice and web placement.

10:38pm • #145
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Carla Muss-Jacobs, ABR, CEBA, e-PRO, Realtor (Principal Broker/Owner EBA Portland, LLC)  A lot of social media is based upon viral marketing.  You join and they have access to your email accounts etc.  It then goes out and identifies you, and taps into someone else's address book...etc...etc...etc...  It is almost like a virus.

There is an old saying in real estate, "Don't hang out at the office, because you are not going to sell a home to another agent!"  Relocation traffic is dead when we compare it to previous years or even decades.  The chances that if business were good, it could be an incredible money maker.  Having the #1 position in GA, has not brought me many referrals.  One would assume that much visibility would be incredible, but the markets are anemic.

10:44pm • #146
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Tim Wilson - Thank you for your comments.

Daniel J. Hunter, If I Can, I Will. (Hudson, FL Realtor with Fruits Real Estate Services, Inc.)  The web is where it is at.  I am a firm beleiver in that.

10:49pm • #147
333,761 Points 8 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Jim, you have hit this one out of the park.  Real Estate Agents need to focus selling Real Estate.  Bill Good in is fantastic book "HOT PROSPECT" provides a very good resolution to the problem.  Agents, don't spend your time blogging and doing all the other extraneous stuff. Outsource it.  Focus on becoming a good agent.  Get appointments, close transactions.

10:50pm • #148
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Daniel J. Hunter, If I Can, I Will. (Hudson, FL Realtor with Fruits Real Estate Services, Inc.)  I agree.   Lenn Harley is one of the most gifted persons I know in web development, SEO and creating Google juice.  She also creates some incredible graphics.

10:54pm • #150
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Frank & Sharon Alters, CDPE-Short Sales Jacksonville-Orange Park-Fleming Island (Watson Realty -)  I've used a website since 1996.    Social media is a way to keep my name out there and the names of otehr agents in front of me also.

On Active Rain, I wil see how active their blog is before I call with a referral.  I will also read their blogs to see if they are really into real estate.  The content tells a lot about a person.  Are they active?

 

10:59pm • #151
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Frank & Sharon Alters, CDPE-Short Sales Jacksonville-Orange Park-Fleming Island (Watson Realty -)  I've used a website since 1996.    Social media is a way to keep my name out there and the names of otehr agents in front of me also.

On Active Rain, I will see how active their blog is before I call with a referral.  I will also read their blogs to see if they are really into real estate.  The content tells a lot about a person.  Are they active?

 

10:59pm • #152

Whoa Jim...

It's always fun to see peopel back pedal. I love it when generalizations are made that cause us to taste the perverbial foot in mouth.

I am sure you are educated, professional, and ceratinly verbose, (enough to express your opinion). However, your post lacks what those who understand social media share on a daily basis. Two years ago a devestating market began and I witnessed the 35 year veteran agents who I followed like a school child when I started my career 8 years ago, losing their jobs. Their brokerages were closing, and many still teter on the brink of closure.  One year ago, with a semi-productive website in hand, yet nearly broke myself from advertising in magazines, newspapers and print, I began exploring social media. Presented and explained first in real estate periodicals, I quickly learned I had better begin researching how this phenomenon would affect my business. Little did I know where it would lead. After careful examination of where my buyers come from, who my community is made up of, I knew I had no option if I were to survive but learn how to communicate and capture the attention of those I needed to sustain my business. It was not senior citizens.(Don't let my mom hear that.. she's my best advertiser on Facebook now!)

Careful planning brought me to Facebook,.. then to Twitter. Within one month of being on twitter, I met a group in my area and two became customers, closing transactions in the next 6 months. Oh.. and I barely knew what a tweet was.. but after that jump start, you can bet I was all over it.  My business has increased by 38% in one year as adirect result of connections made on Twitter alone. I have people in my pipeline that will most likely close in the next year,... after I sell their homes, ( two sided transactions,.. and there are 10 of those right now.). I track the numbers, I monitor the activity. My website traffic has quadrupled since using twitter and facebook to drive traffic back to my site. The open house customer I had this past weekend saw my post on facebook and ran to it..we wrapped that up with a contract.

Your post, as far as I am concerned is as far off base as the naysayers on every news channel or that write editorials form my local newspaper, neither of which I subscribe to or watch either. My "spare" time is spent prospecting to the generation that will sustain my business and my community. That is rare though..see, I'm a direcctor our local Board of Realtors and serve on FAR's as well. I'm not likey going to make too much of an ass of myself.  did I just say that? Ah yes,.. FAcebook and twiitter let people know we are human too!

I'm also,.. just FYI, probably Twitterqueen #4 or 5,... and all I can say about that is there are people who get it about balancing work, life, charity, community,.. and these are the 10% of the people that most certainly do 90% of the work. Were it not for these people, my new website -launching next week - would not be happening..nor would I have met my new web designer or known about 5 major elements I'm integrating into it, nor would I know much of what I use now in my listing presentations or for my marketing plan --- which has moved into the next generation. If you want to learn a few things.. follow a few of the Twitterqueens, better yet, pull up a chair around 10PM - 12PM when we pop a cork and reflect on what's really important in life. Not much being said there about rankings, numbers or sales quotas. Just who's still breathing at the end of the day. Sometimes you just need to know there are others who are in the same "stream."

So here's to you Jim...*clink," seems you may  not know as much as you think you do,...like the rest of us. Relax, you are not alone.

 

 

Debbie Kirkland
11:01pm • #154
223,351 Points 2 Featured Posts Attended Rain Camp Called Shot Master

C Lloyd McKenzie Realtors should focus on Real Estate? Where in the world do you get such foolishness.  Lulz

actually it is sound advice as you start out 'with an established, although small SOI'

but how does one get 10,000 hours experience to be an expert if one does not put oneself out there?

do you have to lie to make it the truth (eventually) or do you have to starve?

 

And Jim Crawford I would like to say I know you had that clarifier long before i notified the actual TwitterQueens.

But it was just a topic I HAD to notify the gals about.  It was a Coincidence, but too sweet of one to not make a cross connection.  Not that I am a puppet master, but it was amusing to see the two sides debate the issue.  But best case scenario serious connections could be made as a result in regards to this topic and how to maximize it

That is what we are here for after all, right?

11:05pm • #155
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Daniel J. Hunter, If I Can, I Will. (Hudson, FL Realtor with Fruits Real Estate Services, Inc.)  Thanks.  I welcome the discussion.  We are in an industry that has a tremendous failure rate every two years.  In the best of times, it is estimated that we have an 80% turn over.  We also live in trying times.  The bubble has burst and the numbers of real estate agents are tripping over themselves trying to make a living and pay the bills. 

Some are so desperate, they will grasp on to one item, and place all their eggs in one basket looking for the magic bullet.  Perhaps some will find it, and many won't.  They will be part of that large percentage that never makes it in real estate.  They will have exhausted all their resources, attended every seminar, and purchased every tape in the business,but they will still not place themselves in front of potential clients and close a deal.

Social media skills do not come first in real estate.  In fact ther eare many very successful agents that do not even use any of this.  New agents need to first understand the basics: real estate contracts, handling objections, financing, title issues, how to qualify a buyer and get them to commit them and more.

11:08pm • #156
990,409 Points 3 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp

I would say that blogging is acceptable as active prospecting. I don't have the same opinion for Twitter.

11:11pm • #157

Very interesting post.  A concept I have questioned many times as I have opened my Twitter account and recently started to link everything up to Twitter.  Am I wasting my time?  We shall see.  I think it is all about your target audience and the best way to reach them.  

11:14pm • #159
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Debbie Kirkland -Thank you for sharing your success.  You are using it as a tool, many are not.  Have you ever stopped to assess how would your success compare to other forms of marketing?  A great website with IDX?  How many leads could you develop?  Could you close more business if you had a website with a great SEO position that generated enough leads that you could live off the referrals?

There is more than one way to be successful in real estate by using more than one tool.  Just some food for thought.

11:20pm • #160
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Vickie Nagy, Realtor, Pre-Foreclosure Specialist Certified Call 925.407.7987 (Keller Williams Realty in Danville CA)  I prefer Blogging.  However, active Blogging in AR can work better with Twitter, and in Active Rain you can set up a password setting to your Twitter account to post on Twitter automatically and simultaneously can even notify FaceBook.

11:25pm • #161
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Aja Shroll (Bill Griffin Real Estate)  No it is not a waste of time when you have a plan.  It is no different than one person buying a website and paying a fortune for the development...but it fails because they never thought the entire thing through.  Success is a planned event.

11:27pm • #162
2 Featured Posts Localism Sponsor Outside Blog

That's interesting.  You've got some great points.  I think it's easy to be consumed and overwhelmed by all the technology.  I don't completely understand why so many agents feel they NEED to be be on twitter.

11:36pm • #163
533,857 Points 4 Featured Posts Outside Blog

You make a great point Jim. Of course if these tools are used correctly, they can provide closed sales. Now used incorrectly...they can equal empty pockets as well.

11:40pm • #164
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Ryan "Tiny" Crozier, CPDE (RE/MAX Excel, REALTORS)  I agree.  I know of one very succcessful real estate office that does not even have an office website.  The agents are all top producers even in a lousy market, and very few are online.  Perhaps they need to keep doing what they are doing.

11:52pm • #165
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Roland Woodworth "Clarksville-Fort Campbell Area Realtor" (Exit Realty Clarksville)  Perhaps someone could even run a seminar at a low easy cost to make you an expert in it.  In real estate it has been said that more money is made by selling to agents than from deals closed.  We make big money,and someone always wants to get into our pockets and relieve us of that excess cash.  The catch?  Oh you will make so much money....!

11:55pm • #166
NOV
12
2009
101,747 Points 2 Featured Posts Outside Blog

Daniel Hunnter,

I think where we diverge a little is that if the people looking to move to my area are from far away then it makes completely more sense to HYPER LOCAL blog and dominate all the longtails for my market area. If the buyers are Googling, they are going to Google terms relevant to my trade area.

Answering real estate questions in "Donkey Spank" Alabama isn't going to come up for a search in my market area nor is that a very targeted approach.

12:03am • #167

Jim,

In the end, if I was looking for a home in Atlanta, you and your website would appeal to me pretty quickly and I could easily support a decision to hire you.

You actually have property listings on your pages.  Imagine that.

That about sums it up for me.

Tim Wilson
12:30am • #168
362,055 Points 5 Featured Posts Localism Sponsor Attended Rain Camp

Hi Jim, love all the comments you've generated. While I agree that it's supposed to be all about the bottom line, I for one am sick of reading basic RE stuff as a Google search will give you pages of repetitive 'stuff.' Hyperlocal is important to me in many ways but I have a completely different business model/plan and I hope to spill that on you at some point. I was a controller in a previous life so have done market reports almost since day one (not easy here...) but can't make myself write about many industry-related topics. I'm way too irreverent. ;-) The one comment I feel is important to make is that I use SM for many reasons; however, the most important aspect of SM (especially Twitter) for me is KNOWLEDGE. Also, Twitter searches provide results that are not based first on who is paying... Hope to see you again somewhere before too long.

4:47am • #169

Jim, I watch the "social networking" agnets in my office have "fun" communicating with their netwok, but it seems to me they are spending an enormous amount of time doing that instead of other prospecting. I stay in touch with my rather large sphere and mine that opportunity, but have yet to understand why any of them would like to know I'm having breakfast.

5:36am • #170

Good Morning Jim!

Thanks for your response. Quite a discussion you have stirred up.

I think the long and short of it is this...

Many agents don't "get it", and if you don't get it, it won't make sense or work.

The key to success in social media is determing why you are there and what you expect to get out of it. Figure out the end results, organize a business plan, and then work toward it. It is easy to fail, to lose your way, or not succeed.  But as many have mentioned it is about "hyper-local". Using searches, targeting markets, it all works when done properly.

My plan includes a network of REALTORS/Agents, then on the local level also joining up with people, and being a source of information to anyone who wants help.  It works. I also have created a"persona" in that I am "mayaREguru" and not 100% of Maya Paveza REALTOR, or Maya Paveza Mom/Wife.  I do not believe in 100% transparency, and that is a divisive issue amongst many so called Social Media experts, and truly there can be so few experts (there are a few I will call out and are worth following on Twitter if you are interested... they are Todd Carpenter (@tcar), Rob Hahn (@RobHahn), Jeff Corbett (@JeffX), Joe Ferrara (@jfsellsius), Andy Kaufman (@andykaufman), Teresa Boardman (@tboard), Michael McClure (@ProfessionalOne) and the list can go on and on, I know so many I respect and trust.  If people want to consider Twitter and the like as serious resources, look to these people, read their blogs, and seek their advice.

Thanks Jim! I can see you will be quite busy today with your replies.

Off to get my kids to school, before heading off to an inspection for a Buyer I got through Twitter and a Tweetup. =)

6:39am • #171

Jim you are right on. I alot time first thing in the morning..it's now 7.45 am here, and last thing at night for A/R, Facebook and once a week for Twitter. There is just too much work and prospecting to do during the day. We do get business from social media but the bulk by far still comes from print ,internet  and personal contact networking! Cheers.

6:52am • #172
745,977 Points 3 Featured Posts

Jim,

 

I haven't adopted the twitter bug yet. I'm really not too sure about it and I think it could be a major time-waster.

Maya knows all about twitter and has been successful using it. However, I'm sure that she would be a very successful agent even without twitter.

 

So, I'm still on the sidelines.

 

Brian

7:19am • #173
395,352 Points 35 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp

Jim:

The bragging and puffing you refer to is distasteful and I think ineffective in any medium.  That having been said, we all have to find the most effective ways of communicating with the public and generating business.

I think there are many people who are having success with Twitter but it is certainly not for everyone.

 

7:23am • #174
269,041 Points 2 Featured Posts Called Shot Master

I think that technology is a great tool to grow your business, but I am a big believer in personal relationships. I use Facebook to connect with my database and blog semi regularly.

I can relate to your story of the website seminar. I just heard from an agent about a seminar. I looked up the speaker and he doesn't do much in relation to the topic. I wasn't at the seminar but it seems like false advertising.

7:40am • #175
4 Featured Posts

Jim, I think you said it best in your reply to Debbie Kirkland and by doing so circled the wagons back to my point:

 

"There is more than one way to be successful in real estate by using more than one tool.  Just some food for thought."

Food for thought, indeed.

7:53am • #176
160,846 Points

Jim - A few of my collegues and myself had this very discussion last week. One of the "Top Producers" in my office actually logged into the local MRIS system to check the Sales and Listings of many of our local Social Media "Kings and Queens". Needless to sat their stats were definately part of the 80% not the 20%. I don't care what anybody says , there aren't that many referals in the country for any of them to say they refer ALL of their business out to other agents.

I think that we have started to see the begining of the next "BUBBLE" - Social Media agents beware

8:13am • #177
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Tim Wilson -  Thanks Tim, it is about the homes...buying selling and relocating.  It's the bottom line.

8:22am • #178
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Susie Blackmon-Maggie Valley Waynesville Horse Person/NC Broker/Realtor (Susie Blackmon LLC) - Susie, it was great seeing you in Cary. The difference is you know the applications fo the tools.  It works for you.

8:26am • #179
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Maya Paveza (Coldwell Banker Preferred)  Thanks for sharing.  You obviously know your stuff, and your success is a testimonyto that.  SEO and going local is a key element to success on the web in all forms of online marketing.  We agree on many points, and it is not just about the homes, and not just about real estate where our success will be made.  The key is knowledge, develop a plan or strategy, and execution.  Many others just are dabbling in the black arts of SM hoping something will work.

8:35am • #181
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Chad McBain (RE/MAX R.E. CENTRE)  The web works best for me.  I get so much more return for the time spent on it.

8:37am • #182
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Brian Madigan LL.B. (Royal LePage Innovators Realty) Twitter does work.   If you want to set up a Twitter account, tie your AR post to it in settings.  At least your Blogs will receive an extra boost.  Think of it as "Auto Pilot!"

8:39am • #183
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Claudette Millette - Metrowest Mass Exclusive Buyer Broker (The Buyers' Counsel)   I think you nailed it.    In simple terms, it is like buying a car.  Most persons will never bother reading the owners manual.  They'll put the keys in the ignition and just drive off.  A lot of life can have maximized results if we are aware of all the features.  Unfortunately...few really do. 

There used to be an old saying, "If you can't dazzle them with brilliance, dazzle them with BS!"

8:45am • #184
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Integrity Mortgage Funding  I agree.  Personal relationships and maintaining them is key to success.  I personally know a person that belongs to every mastermind group out there, and goes to every convention.  You name it...but the person does not close any business whatsoever.  A seminar superstar, and yet has no plan for real estate.  If you give a referral, they drop every lead.  Kind of scary isn't it?  Yet the name amongst peers is recognized.

8:51am • #185
864,876 Points 76 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

AR does work for me, and I have a Facebook Business Page so I don't hammer my friends non stop with listing info and too much real estate overload. You have to know how to use each tool as they are TOOLS that must be learned.

8:51am • #186
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Lesley Lambert (413-575-3611) Real Estate Agent,Realtor,Westfield, MA (Park Square Realty serving Western MA)  There a lot of agents that say I waste time on the web.  They earn a lot more money than I do, and I do pretty well.  I like what I have set up and I am very comfortable.  I do not need to close a 50 deals a year, nor do I need the stress.  My business has switched to almost a total referral business, and I make almost as much money as I used to getting out there in the mean streets everyday.  There are many ways to make a great living in real estate.

8:56am • #187
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Laura Gray (RE/MAX Realty Group)  It is interesting.  Having been licensed in the DC area before and currently... it is an area for developing relationships.  You can make a fortune in your area if you meet the right persons.  Since I develop webs, I find there are fewer leads via the web in DC  as compared to Atlanta.  In Atlanta I can generate loads of leads every day.  In DC in spite of very high web position...it is still difficult to raise the level of enthusiasm.

9:00am • #188
134,188 Points 4 Featured Posts Outside Blog

Great observation.  Bottom line, literally, is if its not about dollars, its about egos. One works, the other feels real good.

And that brings me to a client that also became a mentor.  Years ago he used to be an ad account exec for 409, the spray cleaner.  And we all know how successful that product has been over the years.

Anyway, I was at a trade-show working a booth for his company.  He overheard me in a conversation with some IBM reps.  He didn't interupt, but came over later and in a very fatherly way gave me this advice:


"Mike, when you're selling BS, NEVER tell them it stinks.  Tell them it FEELS really, really good!"

Words of marketing wisdom from someone who's done it!.

: )

 

9:05am • #190
292,307 Points 5 Featured Posts

Jim: Thanks for this. I've often wondered if Twitter and Facebook are excuses for not getting out there and hustling up business. That being said, I feel I need to at least know about the mediums. I have heard of success stories. In fact, a former classmate of mine is a realtor in Utah. She read my blog post and wished I lived closer so we could do business together. Unfortunately, Utah wasn't a state I could do loans in. Oh well. Thanks again. You bring up some great points!

9:37am • #192
4 Featured Posts

Jim,

I agree and don't agree. Anyone can use any tool and if used ineffectively . . . it gains you nothing.  If one also "puts all of their eggs in one basket" (i.e. social media), you usually will see less gains as well.  It's important to fully understand how to effectively use social media, make it a part of your online strategy for both buyers and sellers, and know what works and what doesn't.  It's also important to balance an offline and online strategy.  Most don't do this.  You'll hear things like "I get 100% of my business online."  The part you don't hear is how much business that is.  And if you looked at that model, you may see huge opportunities that could increase that business if there was effective use of both online and offline strategies.

The second part is that one can not dismiss the value of social media either.  Why?  The demographics for those services is a good majority of our customer base.  They are the way people are doing things today.  In terms of the 'see through', it is my feeling that if you can 'see through' it then most likely so can the consumer.  One can simply attract, but conversion is a another situation.  If the latter isn't occurring then that is that person's loss.  

What bothers me at times are the instances where others are not aware that we all carry one brand, Realtor, and their behavior can have an impact on all of us carrying that brand.  There are some on here that I will not mention.  

My husband who is a manager by profession always says that it looks like a boat to him.  A boat in which all of the agents are on one side with the fishing poles dropped in the water.  Then someone wanders over to the other side and catches a fish with a different pole.  Then everyone drops their pole, gets the same one and runs over to the other side.  Then someone yells that they caught a fish using a certain bait.  Then everyone drops that bait in as well.  And all the while you have this smaller group that is there fishing, constantly evaluating, testing, planning, and catching fish at an even pace.  And you have to ask, which group do you want to be in?

10:38am • #194

Another column that agrees with you: http://rismedia.com/2009-11-11/social-media-can-be-a-sinkhole-for-real-estate/

Anon
10:54am • #197
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Kathleen West Flagler County & Palm Coast Realtor (Trademark Realty Group of Palm Coast)  I totally agree with you, and I think you have a great perspective.  Thank you for responding.  If a person wins a lottery everyone wants to win.  After all it is an easy thing to do....isn't it?  However the reality is "What are the odds?"

To do one deal is good, to do two is better, call me back when you are doing 25 a year closed sides from it.  Then your on to something.

10:54am • #198
428,125 Points Outside Blog Called Shot Master

Jim, I agree, a few that I have followed now it appear spend a great deal of time on all those different sites. I don't have the time to place post on my blog due to business. I used twitter connected through AR. I don't see those who want to be social media leader making any money in Real Estate.

11:30am • #199
220,691 Points 2 Featured Posts

I agree Jim.  I have been reluctant to jump on the Tweeting train.  I think it is a passing fad and really don't see how it generates business.  What I have heard is people will disconnect from people that only send out business related tweets.  Good post and best of luck to you.

11:47am • #200
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Frank Rubi Kenner/Metairie LA Real Estate (Frank Rubi Real Estate Licensed in Louisiana)  I have some very big agents in my office that are really big producers, I know none of them are into social media.  Many in our business can claim they are building thier business, but I have also built for 2+ years via SM...my best results are still directly from my websites and face to face networking past clients.

1:46pm • #201
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Jerry Murphy (Windermere Real Estate)  I think a large element of Twitter is a Fad, but there is a component that is great for viral marketing.  It will be interesting to see what folks will say about Twitter 2 years from now.  "Boom or Bust?"

1:48pm • #202
782,324 Points 71 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Jim this is so on the money for most that tweet their ass off all day - LOL It is funny because there are agents in my market who have a Twitter and Facebook account and are now marketing themselves to the public as social media market experts. None of these people do ^%$# for business. It has gotten to the point where I think they are just plain ridiculous.

4:00pm • #203
6 Featured Posts

Jim-

I tried to be respectful in my post, and I really appreciate that you did the same--the hallmark of a true professional. Regardless of our particular opinions on social media, twitter and the bunch, this is the level at which these discussions should be had.

Thanks.

5:12pm • #204
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Bill Gassett Metrowest Massachusetts Real Estate (RE/MAX Executive Realty)  That is pretty much the same reason I wrote this.  There are many persons in real estate that never break down where there business comes from.  To be honest, they just don't know where their money comes from.  I make it a point to track my sources and even ask questions at closing.

5:28pm • #205
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Ian S. Greenleigh (DriveBuy Technologies)  Ian, thank you for your comments. Discussion is healthy even when there are differences of opinion.  I also try to keep an open mind.  I personally beleive there is value in social media.  I do not use it as the core of my online business.  It is a component, but with the lowest portion of return.

5:31pm • #206
412,693 Points 1 Featured Post

For me your above comment Jim rings true with me.  I do some blogging on AR but is only another "component" as you say and for me doesn't yield any $$.  Thanks for getting this post out to us today. 

BTW.....I've never seen so many comments on a blog.  You are the man of the hour.....day......week....month!!

Patricia/ Seacoast NH

6:46pm • #207
412,693 Points 1 Featured Post

For me your above comment Jim rings true with me.  I do some blogging on AR but is only another "component" as you say and for me doesn't yield any $$.  Thanks for getting this post out to us today. 

BTW.....I've never seen so many comments on a blog.  You are the man of the hour.....day......week....month!!

Patricia/ Seacoast NH

6:46pm • #208
180,451 Points 3 Featured Posts Localism Sponsor Outside Blog

I personally love this post!  You are totally right! There are many people in my area who are blogging and hitting Twitter hard. They claim to be experts in their field but when I pull their numbers on our local MLS... many have never...ever... sold a home!

You are right! They can puff themselves up and get 5,000 followers, but what the heck are they going to do when the phone actually rings. In this market you need someone who knows what the heck they are doing!

I do understand the other side of the coin though... sometimes in the beginning or your career ... you gotta fake it until you make it!

Great post!

7:46pm • #209
161,450 Points 1 Featured Post

Hi Jim, I'm surprised at the emotional charge on this topic. I don't know the ultimate value of Twitter yet for Real Estate (does anyone), but I know that some of the "affiliate marketers" are making a killing on it. Probably because 1 million new potential customers are arriving every two months as they get laid off and start looking at social networking where no small number of sharks await.

I think nearly every other aspect of Twitter has been covered in the comments and your replies except for perhaps two: First, Twitter is lightning fast. I have seen event after event from Iran to the Ft. Hood shooting break on twitter before anywhere on MSM. That is a powerful element that I'm sure enterprising Real Estate folks will find a way to profitably exploit. Secondly, an interesting late development in Twitter is their Lists feature. That brings an entire new dimension to "following" that already has a small band of experts that will tell you how to profit from it. (see aforementioned sharks)

8:10pm • #211
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Erin Newington, Sacramento Mortgage Planner ((916) 687-6868 First Priority Financial)  I am glad you enjoyed it.   If the phone ring and they do not know what to do...there was no point in faking it until they make it..they are just wasting their own time.

8:12pm • #212
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Orange County Web Design By Dave Keys Dave Keys 888-216-1231 (Dave Keys Web Design and Photography)  I agree with your thoughts, and also the speed in which Twitter works.  I think it has some great SEO applications which could catapult a website in visibility.  It is total SEO viral marketing tool!

8:16pm • #213
277,620 Points 8 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Jim, it seems that in my market those who tweet are constantly tweeting about stuff like, cooking cookies, doing laundry, picking up the kids, etc...not about selling real estate.

8:21pm • #214

Damon and Jim,

I'm not an agent, so I haven't weighed in on this blog post yet because I cannot relate *specific* transactions to twitter.  I am an RE Assistant, so I will leave it to my agent to do that.

One of the best things I ever learned from a TwitterQueen was this - you wouldn't go to a barbecue and go from group to group spewing Real Estate, market stats, mortgage rates, etc.

Guess what?  You would talk about laundry, baking cookies, picking up the kids....FURTHER....you might even ASK other people about THEIR laundry, THEIR cookies, THEIR kids.

You do this because you are human, and because you want to connect with people.  And THAT'S what twitter is about.  If you don't get that, then you're right - it's a huge waste of time, and it's not going to get you anywhere.

shari_tweets
9:01pm • #215
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

shari_tweets  - Thank you for your imput, explanations and insights.

9:05pm • #217
1,014,390 Points 36 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

I know what my results have been from my online marketing and social media since I began it seriously a little over a year ago.  It has made a big difference in my business.  It's not a game to me and is simply used as one of my marketing tools just as I would more traditional advertising and marketing.

11:23pm • #218
NOV
13
2009
1 Featured Post

Jim,

What is a more important use of time, using technology and new media to develop and support business or using it to argue about it? I prefer the former. Based on the quantity of your responses to comments, you seem to have spent a pretty substantial amount of time over the last couple of days doing the latter.

It seems to me that there are a good many non-twitterqueens that are not selling many houses. In fact, this has been true long before there was such a thing as a twitterqueen.

So, if farming, junk mailing, drip campaigning, refrigerator magnets, NFL football schedules, cold calling, door knocking, etc is working for you, then have at it. If you don't see the value in these technologies, then don't use them. Why anyone would make a distinction that establishing relationships and providing service via social media technology is different from prospecting is baffling.

Personally, I think your posts would be much more helpful if you shared some of the secret to your success rather than trying to blow holes in the marketing strategies of others. Reading blowhards on twitter and facebook is not a whole lot different from reading blowhards on ActiveRain.

As we say in the twittersphere - #justsayin.

10:24am • #220
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Joe Sheehan, ABR, SRES (RE/MAX Professional Realty, Inc.)  I do that all the time now.  If you know anything about me, my seminars and real estate articles have always been about maximizing technology and items that do not cost anything, and are very productive use of time.  I do not sell anything, there is no fee for admission.  Unlike others that try to cash in on the ignorance of others...I've always been a proponent of common sense.  Thank you for your comments.

3:39pm • #221
247,504 Points 6 Featured Posts Localism Sponsor

I couldn't agree more!  I was just reading another article about the leading real estate gurus in the social media arena and not once did they mention how many SALES were generated by all their exposure and 'fame'.

Great post...

6:52pm • #222
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

KERRY LUCASSE - Your Intown Atlanta Real Estate Consultant (Keller Williams Peachtree Rd)  They won't offer proof because most of them cannot.   The same exact thing happened when the Internet and IDX arrived in real estate. Everyone became the overnight star and expert.   No one in this industry is bold enough to stand up to false and unsubstantiated claims and ask for proof.  Where are they all now?

 

7:05pm • #223
121,551 Points 18 Featured Posts

Hi Jim~ I totally love you, but I don't agree with most of what you have said in your post. I think that there is stark difference between marketing concepts in what a blog does, and what tools like Twitter and Facebook can and should be used for. And those that understand the difference are successful at it.

I tell my clients that the reason Twitter and Facebook are so popular is that it gives people (your potential clients)  a common platform to have a "voice" to be "listened to" NOT talk at, sold, spammed, baited and switched. If you look at Twitter and Facebook from the perspective of "listening" to people and make actual meanful connections to the real people in your community, then they are more likely to listen to the stuff you SELL..like real estate, when they need it.

If you only are on Twitter or Facebook because some so-called RE GURU said to be..you're missing the point. It's about LISTENING and CONNECTING to people, not sitting around and "marketing" to them. At the end of the day..your connections may not close a deal this month, or this year..but if you do it right you can make real connections when you open your ears and stop tweeting junk.

A blog though is about YOU, YOUR VOICE, YOUR COMMUNITY etc. it opens up your world so others can give YOU feedback. How does it feel when we get comments, and feedback on our blogs? It feels awesome. We feel like we were heard, and there is power in that.

Not there aren't spammers etc on Facebook and Twitter too, but don't we tend to tune them out? Twitter and Facebook are listening tools. IMHO. Those that understand that are tremendously successful, and have better success with those online connections that move offline and close deals.

So whose to say that what agents are doing on Twitter today won't pay off now or in future?? That's like asking you to tell me how many deals you've closed because you've handed out your business card.

7:17pm • #224
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Laura Monroe- Real Estate Virtual Assistant (Creative Agent Solutions.com (916)343-3823)  Thanks for sharing I like your perspective, and I have no problem with the process the way you presented it.  I get it. This post is meant for all to ask some questions of themselves, and marketing.  Isn't the reason we are in business to make money?  Pay the mortgage?  Meet our obligations?  Some forms of marketing have a much greater return than others.  Some are very time consuming, and really in retrospect are they worth the effort?  So this post is just about accountability.  I am not talking of spamming for business.  I feel these are legitimate questions, but only one person offered up any numbers.  That was impressive, but only one person?

  • Is the return in closed sales worth the effort?
  • How much time is being spent?
  • Is it cost effective?
  • How much time does it take each day?
  • What type of sales has it generated?
  • How many sales is it generating, a month, per year?
  • How does it compare against the return of other types of marketing?
  • What percentage of closed business is it?

 

7:29pm • #225
NOV
14
2009
481,309 Points 36 Featured Posts Outside Blog

With Bing now crawling tweets and Google promising to do the same in the near future, it's more important than ever to be Twitter savvy.  It's a fine line between "pitching" and losing followers or integrating your Real Estate Tweets in such a way as to arouse interest.  I could write a few blogs on this subject and perhaps I will.  I have achieved that balance that seems to work AND I am having fun as well. Oh, I forgot:  I'm also selling Real Estate!

 

1:59pm • #226
481,309 Points 36 Featured Posts Outside Blog

Jim, thanks for the reminder.  I've been neglecting my company blog lately (busy selling real estate & tweeting)...

2:00pm • #227
NOV
15
2009
182,199 Points 13 Featured Posts Localism Sponsor Outside Blog

So sad that there are still Brokers and agents out there who only measure success with "deals".  

The Twitterqueens and Twitterkings I know (most IRL - not just online) are some of the most caring, giving and professional agents I have ever met.  To them, real estate is about relationships, enriching the real estate community and improving our reputation as an industry....along with making a living as real estate professionals.  While some may feel we are "playing" and wasting our time, I respectfully disagree.  This is how we communicate - you won't find us knocking on doors, interrupting people who don't want to her from us with cold calls or wasting our time sending out unwanted postcards.  We refer to each other.  We help each other within our business and feed each other business.  We don't need old fashioned relocation departments..we have our own network. Does it work for everyone?  Of course not.  Yes, performance does matter; however, many of us feel performance is measured by many things other than the amount of money we make. 

Tina in Virginia and a proud member of Twitterqueens

 

5:28pm • #229
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Tina Merritt - Virginia Beach Real Estate (Long and Foster Real Estate)  Thank you for your thoughts and insights.  I do the same thing with my websites.  It works very well and delivers over 100-200 registration leads every day.  Even in a terrible economy in Atlanta, we are holding our own.

9:16pm • #230
NOV
16
2009

I find that it is important to consider the "new" social media aspects, and I notice that you have mentioned that you have used them.  That will help to expand your market as younger couples begin to look into purchasing their own little piece of real estate.  I've noticed most of the responses are coming from Real Estate Agents, and although I value the opinion of my peers highly, I also like to get a view from both sides of the fence.  I myself am not a real estate agent, however, I am starting to be of an age to consider settling down and finding a house to live in instead of moving from apartment to apartment.  When I go to look for an agent, I would like to know that the agent I choose is very knowledgable in their field. If they don't know the important things obviously I am not interested, as I wouldn't be interested in learning Organic Chemistry from a History professor.  On the other hand, I would like to know that the agent is also a real person, instead of a real estate robot.  I use twitter and there are people I have unfollowed because all they ever tweet about is business.  I do not believe twitter or facebook are just passing fads, though time may prove me wrong.  However, social media is here to stay even if it is not in the format of twitter or facebook specifically.  Blogs help, but if you want to get them out to the most people, posting a link in Twitter or Facebook helps tremendously. 

I have also seen a lot of people complaining about how much time is spent by agents on Twitter and Facebook "playing".  Twitter and Facebook both have applications that are available on most smart phones with no laptop necessary and there are even applications to post to both simultaneously.  I have found only one piece of software to post to active rain from a mobile phone and it's just a browser update made specifically for iphone.  I have noticed that you took the time to respond to just about every post made in response to your original article and that's admirable, there are few people who are willing to take that kind of time these days because there is so much information flowing it's impossible to keep up with all of it and get anything done.  I will not argue that there are a lot of agents out there that will fail or burn out because they are spending too much time on the social media aspect.  It's a chicken or feathers business, and there are a lot more feathers than chickens. 

Perhaps I am misunderstanding what you are saying in your article, but it seems like you have some disdain for social media as such.  That seems odd to me because blogging is social media as well... Twitter and Facebook should by no means be your only connection in the social media world, they are simply avenues to get your version of social media to the world.  I would caution you against posting only about your business however, several of my peers look at people who tweet only about their business as commercials to be avoided.  They want to know you are a real person, and that you have good and bad days too.  They want to know you are someone they can relate to, not just someone that is looking to make a buck by selling them a product.

K DeWolfe
2:13pm • #231
DEC
07
2009

Really very interesting topic..i love Twitter i am reguler working with Twitter.it is useful to increase your social networking.

 

Thanks.

Elan Emerging Technologies

BlackBerry Application Development india
4:51am • #232
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

K DeWolfe -Thank you for such an in depth response.  I guess in a nutshell there are many in real estate that Blog and Twitter away, but they do not sell real estate.  Perhaps they view social networking or social media with socializing, but they do not sell real estate or understand it.

10:47am • #233

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Jim Crawford ~ Atlanta Real Estate-ABR E-PRO

Atlanta, GA

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RE/MAX Paramount Properties

Address: REMAX Paramount Properties, 1605 Mansell Road Suite C, Alpharetta, GA, 30009

Office Phone: (888) 940-0074

Cell Phone: (678) 595-5283

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Atlanta real estate broker associate, real estate columnist for www.RealtyTimes.com, real estate speaker. Real estate marketing, Internet marketing for real estate, real estate coaching Feedjit Live Website Statistics


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