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Social Marketing, when do I have time....

By
Real Estate Agent with The Wichita Home Team with KW Signature Partners

For the last two days I have been in Kansas City, MO at a Social Meeting seminar for RE/MAX agents.  Yesterday we covered Linked-in and Facebook and today we covered Twitter, You Tube and blogging. (yes we are talking about Active Rain).  My question to everyone is where do we find the time to do this RIGHT?

I have had these accounts before this Class but now that I have cleaned them up I will feel obligated to actually use the,  This means record a video too......I have gone out and found a number of videos that I have added to my You-Tube channel but have wimped out making my own videos.

Twitter has been the most confusing to me.  I think our instructor, Brad Hanks, has shown me why to Tweet, when to tweet, how often to tweet and why it works.

Facebook has already made me money (3 sales) this year.  I have to give credit to my son who works with me and my daughter-in-law who got me started.  I was trying to hard to be too professional and now I realize it is a SOCIAL site.  I need to lighten up.  I do have a group page and fan page for the serious side of the business.

Yes I do have Linked-In and Plaxo too and I am adding more data......Let's see.......I have to sell homes and run a two office company too to make a living,  Maybe only 4 hours of sleep a night will be enough.

Picture is an OLD Twin Cessna originally made in Wichita, KS

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July, 2015 Mid-year Real Estate Report

 

For the United States, NE Oklahoma and the Grand Lake area.

 

 

 

Nationally, June Home sales were the highest of any month since the RE/MAX National Housing report began in 2008.  In the last 5 month each month’s sales were higher than the proceeding moth and the same month one year ago. The median sales price of homes sold in June was $224,671, 7% above a year ago.  Nationally, supply still lags demand with only a 3.6 month supply of housing.  A 6 month supply is a balanced market.

 

 

 

Nationally, April, May and June saw an increase in inventory but June’s inventory was still 11.8% below a year ago.  For example the DFW area reported only a 1.8 month’s supply of homes. Grand Lake’s supply of housing was almost 14 months.

 

Nationally The average home lost $13,067 of equity value in the last 9 years but over the last 3 years the value of a home went up $45,533 and that equity loss should be wiped out in another two years.  The Tulsa area was not hit nearly as bad.  The last 3 years equity gain was only $21,100 but the 9 year position was a $19,400 value increase over 2006.  The Grand Lake area is still behind values 9 years ago but values are slowly rising.  The only negative to a faster recovery will be the dramatic decrease in oil prices and increase in job losses in the oil industry and how that impacts buyers from the OKC, Tulsa and Wichita, KS area.

 

Grand Lake real estate sales

 

2015 sales started slow but are beginning to accelerate. There were 426 residential sales in the 1st 6 months of 2015, a 2.9% increase but Junes increase over June, 2014 was 40.8% or 100 sales compared to 71.

 

Pending sales at the end of June, 2015 were up 13.4% over June, 2014 and YTD pending sales were up 5%.  During June, 2015 32 homes went under contract priced over $200,000, 34 homes sold between $100,000 and $200,000 and 27 homes were sold under $100,000. 

 

The number of listings available for sale was down 11.4% at the end of June, 2015 compared to a year ago. The greatest need seems to be homes under $100,000 that are stick built so they can qualify for government loans. (USDA, FHA and VA)

 

Homes are selling at 91% of last listed price, the highest level in over a year.  If no new listings entered the market it would take about 13.5 months to sell Grand Lake’s entire inventory.  This number is three times the national average for major metro areas.

 

 

 

Show All Comments
Jason Gracey
Re/Max Vintage - Cypress, TX
Re/Max Vintage

Stefan Swaneopel has a great book out on social media and how to manage it. It is a 10-step program that really helps you focus your time and effort within social media.

Jul 14, 2010 09:43 AM
Kay Van Kampen
RE/MAX Broker, RE/MAX - Springfield, MO
Realtor®, Springfield Mo Real Estate

Wayne, sounds like you came back with a lot of information.  Sorry I wasn't able to attend.

Jul 14, 2010 03:16 PM
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