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Legacy vs. Modern Marketing

By
Real Estate Agent with Premier Mortgage & Real Estate

I'm going to toss some thoughts out here because members here at ActiveRain cover a large demographic.

I'd like to get some input from some of the long-timers who once only knew legacy marketing, vice more modern marketing approaches we have available at our disposal today.

The thought ran across my mind the other day that maybe we are re-inventing the wheel?  Really ask ourselves, are we?  How did real estate agents get by successfully in the past without computers and the Internet?

I think that some of the marketing approaches used back "pre-tech" were probably very refined and effective.  I am curious how many agents still use those dying marketing strategies when put up against the new wave of modern technologies?

Then this question came to me.... "Eventually, wont all agents make the shift over to social media and modern business models?"

I think that technology is great.  In fact, I would love to be 100% social media if possible.  But, I cannot get my brain to get on-board with the practicability of it.

Legacy vs. Technology, that is the battle of the future.  Myself, always looking for the edge, I would shift to 100% legacy approaches if I knew the majority shifted to social media.  I want to be in the minority, where the competition is lower.  Well, that is one way to look at it.

So, where is the balance between legacy and modern day marketing?

Does anyone still maintain a legacy marketing strategy out there?!  Part of me would imagine it would be highly effective do to the shift of agents going tech!  I would love to hear if my theory is right or wrong.

Posted by

Keith Bennett
DRE# 01869992
Premier Mortgage & Real Estate
9225 Carlton Hills Blvd. Suite #3
Santee, CA. 92071
Direct Line - 858.344.4512
Fax - 619.312.1621
Email - Keith@RallyRE.com
Web - www.RallyRE.com

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Susan Neal
RE/MAX Gold, Fair Oaks - Fair Oaks, CA
Fair Oaks CA & Sacramento Area Real Estate Broker

Hi Keith - I don't feel that one is better than the other.  I use a combination of both.  I do some door-knocking, postcards, calling and open houses, but I also have a substantial web presence, advertise my listings online, and am engaged in social media:  Facebook (personal, community and business pages, LinkedIn, Twitter, and of course Active Rain).  I use print and email flyers and have printed and enewsletters.

I get most clients from Active Rain and open houses, but do get people from the other methods too.

Jun 12, 2010 06:05 PM
Wade Kawahara
Dominion Real Estate Partners, LLC - Phoenix, AZ

I think that without using new technology, you will not be successful but usingold techniques can also add to your leads.

Jun 12, 2010 06:08 PM
Keith Bennett
Premier Mortgage & Real Estate - Santee, CA

@Susan,

Good to hear that your marketing strategy is working and that it involves both legacy and more modern approaches to marketing.  Good point about open houses, I did not mention open houses in my post, but it is very relevant to this thread.  Thanks for bringing that important marketing tool to the table for discussion as well.  I think we could (and many probably have) written a blog post just on open houses.  Thanks again for your input in reference to my questions.

-Keith

Jun 12, 2010 06:11 PM
Keith Bennett
Premier Mortgage & Real Estate - Santee, CA

@Wade

I think you are right!  A good balance is probably the best approach.  I think that many agents may get swept away with the technology and forget about the proven methods of the past.  Though, this does not mean that the newer more modern approaches of marketing real estate and branding ourselves should be ignored as well.  Thanks for your input.

-Keith

Jun 12, 2010 06:14 PM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Remember do what everyone else will not do or have given up doing.

Jun 12, 2010 06:39 PM
Keith Bennett
Premier Mortgage & Real Estate - Santee, CA

@Elite

Sounds like good advice.

 

 

Jun 12, 2010 06:48 PM
Susan Neal
RE/MAX Gold, Fair Oaks - Fair Oaks, CA
Fair Oaks CA & Sacramento Area Real Estate Broker

Keith - I have written several posts about open houses, why I like them and how to have a successful one.  It always surprises me to hear from some Realtors that they never do them. 

Jun 13, 2010 09:55 AM