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Social Media in Real Estate – Life in the trenches

By
Services for Real Estate Pros with Top Producer Systems

Did you know that more than 33% of all daily internet traffic occurs on Facebook? Or that Facebook gets more visits than Google?

Clearly, social media is here to stay. So, how do we make use of powerful mediums like Facebook and Twitter to grow our business? Essentially, they need to be an extension of ourcommunication and marketing efforts.

If you’re thinking of diving in to social media, but wondering how, here are my suggestions for approaching this new medium as a way of generating new business…

10 Tips to Grow Your Online Social Network

1. Start with the basics. Many agents are overwhelmed by the large number of social networking tools and sites that they could use. Instead of spreading yourself too thin, get started with just a few of the more popular social media tools. Many agents get fantastic results with these basics:

a) Create a blog to start and join online conversations. Post short articles that clients, prospects and other agents might find interesting, such as recent sales and listings, market updates, community news and events, and upcoming open houses. Use a scanning tool like Google Alerts to find relevant real estate conversations. Comment on those blog post and point readers to related content on your own blog.

b) Establish a Facebook presence. Create an account and personal profile on Facebook and invite your network to join. Grow your network by joining real estate groups and pages, such as Top Producer’s Facebook Page.

2. Approach online social networking as you would building relationships in the real world. It takes time to develop new relationships- for you to get to know your network, and for them to get to know you. Ask yourself how you would make friends, build trust, establish rapport and gain business in the real world, and apply those same principles in your social networking endeavor.

3. Create a friendly, professional online profile. Upload a professional photo of yourself, and information about your real estate expertise and areas. Include contact information to make it easy for people to get hold of you in the ‘real world’, including your website, email address and office phone number. And make sure that any personal photos and details you share are items that you’re comfortable sharing with potential referrals and clients. It’s okay to have your personal as well as professional worlds blend into one another over social media. In fact, you should be prepared to share a details of your personal life while social networking. Potential clients want to know you as a person before they enlist your services.

4. Aim to spend at least 30 minutes per day online social networking. Update your online networks on personal or professional news, send personal messages, share tips, and stay up-to-date on people’s lives. It’s important to be consistent in your updates- better to update two or three times a week than to update every day for one week, then post nothing for four weeks. Remember to comment on the posts of others, as everyone appreciates their thoughts being acknowledged. Commenting on your clients’ and prospects’ Facebook posts is a great way to check in and let them know you’re part of their world.

5. Focus on delivering value and participating in conversation. Nobody wants to be “friends” with someone who’s just going to aggressively sell and market to them. Help the people in your network advance their goals – share their goals with others, introduce them to helpful contacts, and make public recommendations if you honestly believe in what they have to offer. Help them reach their goals first, and they’ll be more likely to call you when it’s time to make a move.

6. Take the time to read other comments before posting your own. Commenting on blogs, Facebook pages, and other social media platforms is an easy way to network if you’re pressed for time. However, make sure you take a minute or two to read the other posts so yours doesn’t look haphazard and off-topic. It’s easy to spot the person who just posted and left the conversation! Engage with the dialogue by reviewing the other comments.

7. Meet the influencers. Take time to get to know the influencers in a network. These might be the group’s organizers, long time members, or people who make regular contributions. Share your experiences with them about the group. Ask questions, as they will understand how you can become established within the network.

8. Post links frequently and position yourself as a resource for market information. Facebook and Twitter are great platforms for posting quick links and starting a conversation. If you come across an excellent article with current, local market information, post the link where your peers and prospects can access it. Not only do quality links keep your page engaging, they help you supply your clients with their own resources for educating themselves on the market, rather than presenting a hard sell. They’ll remember who the information came from!

9. Promote social media channels on your website and in email signatures. To encourage clients and prospects to participate in your social media channels, include links to your different social media accounts from your website and in your email signatures. For example, your email signature could include links to your blog, Facebook or Active Rain page, along with your name, email address and phone number. Make sure you set up a unique url to your Facebook page by registering a username. Selecting one that is short and easy to distribute will go a long way in helping to promote your page, as you can list it on business cards, email signatures, and ads. Go to facebook.com/username to create yours.

10. Use systems and tools to automatically connect with your social media network. Tools like Top Producer 8i now allow you to link your contacts and prospects with their latest Tweets and Facebook posts, giving you insight as to what is happening in their lives, their interests and their plans going forward. This information is available today within the contact information.

With Top Producer 8i you also have access to recent real estate activity around their home, actives and sold's come directly from Realtor.com anywhere in the U.S. The mapping feature allows you to get a feel for the neighborhood cosmetically which empowers you to have a legitimate, consultative conversation with everyone in your data base! All in all, social media is the new normal – it’s here to stay. Personally, I’m excited by the power and opportunity this new medium provides our industry. How are you using social media to generate new sales in today’s market?

Todd & Devona Garrigus
Garrigus Real Estate - Beaumont, CA
Broker / REALTORS®

 Gregg- Great post. I need to take this Facebook, and social networking thing, more seriously. And I'm going to start with your suggestions! Thanks! I've suggested and reblogged.

Sep 28, 2010 05:03 AM
Robyne Roveccio
Realty One Group - Scottsdale, AZ
CDPE GRI, ABR, e-Pro

Thanks so much for this post! Just got back from KW Technology Camp and the main topic was using social networking. It is not a matter of "getting around to it" anymore. Customers are on the net and we should be too!

 

Sep 28, 2010 05:49 AM
Anonymous
John Cunningham

Thanks Gregg, I read most of your post twice. Being on top of the sm movement is essential for a "top producer".

Sep 28, 2010 06:09 AM
#9
Chad Clark
Allison James Estates & Homes - Rotonda West, FL
CDPE

Thanks for the information.  I am just beginning to learn about social media and this gives me somewhere to start.

Sep 28, 2010 06:13 AM
Anonymous
Holly Bellomy

Thank you, Gregg for the tips!  It's good to be reminded of the power of social media!

Sep 28, 2010 07:21 AM
#11
Janice Smith
Capstone Real Estate, LLC - Portland, OR

Thanks, Gregg. Very helpful.

Sep 28, 2010 09:04 AM
Janet Naisbitt-Bagley
ERA Realty Center - Cedar City, UT

Do you moonlight as a professional writer?  I am impressed with the depth of your comments, and I hope to take some of your detailed advice!  Thank you very much.

Sep 28, 2010 09:16 AM
Lanre-"THE REAL ESTATE FARMER" Folayan
Samson Properties - Bowie, MD
I don't make promises.I deliver results.SOLD HOMES

Gregg this is a well written blog on How to grow your online social network. Will definitely bookmark this one. Thanks for sharing. Great post.

Sep 28, 2010 09:18 AM
Jon Quist
REALTY EXECUTIVES ARIZONA TERRITORY - Tucson, AZ
Tucson's BUYERS ONLY Realtor since 1996

I have bookedmarked your blog. Now I am off to socialize!

Sep 28, 2010 11:28 AM
Gregg Paul
Top Producer Systems - Richmond, BC

Wow!  Thanks for all the great support on this post everyone.  Everything that I have learned has come from our Marketing Guru Ashleah Wilson!  I have watched him take our company Facebook page up to 30,000 folllowers and growing using the principles above.

For those of you who are not using Top Producer but are actively leveraging Social Media as an extension of your marketing and interaction, well, we can bring all that together! All of your contact's recent Facebook posts and Tweets (Twitter folks) are available to you to see and respond to or post yourself using Top Producer 8i - putting into practice what we talked here :)

Sep 28, 2010 12:01 PM
Michele Sims
Affinity Real Estate, LLC - Alamogordo, NM

Thanks for the great tips! 

Sep 28, 2010 02:21 PM
Anonymous
Anonymous

Gregg, good post.  I'm also an ActiveRain member.  My only problem is #4--spend 30 minutes a day.  I find myself clicking for hours. I don't remember how I spent my before the internet......

Sep 28, 2010 02:29 PM
#18
Marilyn Katz
Berkshire Hathaway HomeServices New England Properties - Westport, CT
ABR, e-PRO - WestportCTProperties.com

Greg- Found this post on Facebook, which brought me back to AR.  Nice link-back in action.

Sep 29, 2010 01:26 AM
Tim Stephens
kwElite Omaha - Omaha, NE
Omaha Real Estate

Great tips!

The thing I always try to impress upon people who ask about social media is this:

"Be INTERESTED and INTERESTING".

People don't care how much you know until they know how much you care.

Tim

Sep 29, 2010 02:00 AM
Anonymous
Sherry Hindmarsh

Great Article Greg.  I found on face book and loved the simple, straightforward tips!

Sep 30, 2010 05:27 AM
#21
Anonymous
Anonymous

Great Advice! Growing my page day by day

Oneonta NY Local Homebuyers

 

Sep 30, 2010 12:03 PM
#22
Anonymous
Mike Pedersen

Hey Greg!

You are dead on with your points in this post. It really takes patience and the understanding that you are building relationships, not "pitching" people. So many people are "throwing up" on poor Facebook or Twitter people, and it's hurting the rest of us who truly want to help.

I look forward to getting to know you and what you do.

Cheers,

Mike

Oct 01, 2010 04:13 AM
#23
Anonymous
Mary Ann Mazza-Peeler

Thanks for posting all the great tips. 

Oct 04, 2010 01:09 AM
#24
Ginger Harper
Coldwell Banker Sea Coast Advantage~ Ginger Harper Real Estate Team - Southport, NC
Your Southport~Oak Island Agent~Brunswick County!

Great information.

Will share it too.

Ginger

Oct 10, 2010 10:55 AM
Jeff Markell
Empire Home Loans Inc. - Tustin, CA
Sr. Mortgage Consultant - Forward & Reverse

 

Gregg, Congrats on an excellent post. I think you are right on with all of your 10 Tips. Of the 10, I recommend anyone new to Social Media pay close attention to #2. This takes time folks. Don’t expect to create accounts and be famous overnight. You will have to work at it, but results will come if you’re diligent.

 

Apr 27, 2011 06:16 PM