flowerOver the couple of weeks, I've had the distinct pleasure of talking and/or meeting several individuals from the Active Rain blogging community.  Missy Caulk, who is just a couple of hours away in Ann Arbor called me because she was going to be in Grand Rapids, Michigan for a convention.  When we met for lunch at the Amway, it was like sitting down with a good friend. We brought her a bouquet of flowers to celebrate her being named one of the "Twelve Top Female Real Estate Bloggers" by the widely read Sellsius blog. The conversation flowed easily and we laughed a lot.  We didn't want it to end.  So, when she invited us to join her and her team at the convention, we tagged along. 

Later on, I got a call from Steve Volkers, an agent in Grand Rapids who was inquiring about the upcoming Blogging Seminar.  Steve is very progressive in his thinking and I appreciated hearing about how he is connecting via Facebook and other Web 2.0 platforms in addition to Blogging.  Steve's blogging efforts have yielded tangible results in leads and successful transactions.  Upon reflection about my conversations, I realized that the volume of commissions from leads within the past year from 3 real estate agents related blogging efforts alone was well over $100,000.  That's not small change...particularly in Michigan.

green cactusMore recently, I spoke on the phone with Amber Riviere.  The first time I read a blog Amber wrote was when she won the Prime Time Contest hosted by Mark Flanders with her article entitled "Drive." The reason I was calling Amber was because I had received a call from Jeff Dowler.  Jeff was calling me about a creative NEW newsletter that Amber has launched called the 411 NewsletterThis on line newsletter is Amber's answer to expanding the reach of excellent blog posts to real estate clients all over the country. 

You see, consumers are just beginning to grasp the gold mine of information available through real estate blogs. The phenomenon has not yet reached the critical mass which will will create a Tipping Point. But, it's a movement which is gaining members and momentum very quickly. 

Amber's idea...give agents the opportunity to subscribe to an online version newsletter created from Blog Posts which can be e-mailed to hundreds of clients.  As the agent you don't have to do a thing...just contact Amber to subscribe to the service.  Not only is this expanding the reach of well written blog posts, it's giving agents another way to add Value to their clients without even having to write a Blog! 

It is crystal clear to me now why this is going to be an extremely powerful aspect of marketing.  The explosion of blogs in every arena, 109 Million as tracked by Technorati, will eventually make blogging another mainstream source of news and information.  Think of how often you hear blogs quoted or see their authors on Fox News and CNN...something you rarely saw 3 years ago.

Looking back...a year ago, I couldn't understand why my kids wanted to be on Facebook and Xanga.  Nor, would it have made sense to me that one of the most eagerly anticipated rites of passage, entrance into a prestigious university, would be celebrated with almost the same level of exuberance as being eligible for an e-mail address that allowed you to join the school's Facebook network.  But when we took our son to college, students seemed to know each other.  They settled into an easy camaraderie...not as strangers but friends who had already met and were eager to delve deeper into relationship. Seeing this first hand, in tandem with my own experience was a watershed moment for me.

flowerWhen I've met potential clients who have been reading my blog, it a very different sort of introductory process.  Sitting down with someone who has read your blog is like meeting a friend...one with whom you have some delightful catching up to do.  The barriers of mistrust have been broken down.  The true work of service and counsel can begin unhampered by lingering suspicions and misplaced apprehension. Clients have told me, they "feel they know me."

I just finished reading an interesting blog post  entitiled "Lead Generation Paradigm Shift" by Pat Kitano author of theTransparent Real Estate Blog. Pat's insights about how the shift from Web 1.0 to Web 2.0 are going to change consumer relationships is intriguing.

According to Pat Kitano:

"Web 1.0 was about buying leads sourced from sites that collected contact info, usually as a toll for the consumer to see additional information. Web 2.0 promotes the free exchange of information with the presumption that the good will of such exchange would lead to a business relationship. The newest paradigm is just beginning to appear. Web 2.x will promote the free distribution of data as currency to attract leads" (I really encourage you to read this article in full context...)

If Pat is right...and I think he is, this paradigm shift will yield a blogger increasingly expanding returns through the interconnectivity of relationships realigning potential leads back to source authors in exchange for the attraction power of their ideas. Those who have already started to build this database by blogging are literally investing currency in the bank of ideas.  Are you Building a Deposit which you can withdraw from tomorrow to fund your future by writing posts that consumers will WANT to read?

 

Copyright 2007 Audu Real Estate  All Rights Reserved

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Lola Audu, CRS, GRI e-Pro ~ Audu Real Estate

Lola Audu, is the Designated Broker & Owner of Audu Real Estate.  Our company specializes in helping people buy and sell homes in the greater Grand Rapids, West Michigan area.  We've had the privilege of helping hundreds of clients succeed in their goals of purchasing and selling property including demonstrated success in the negotiation of Short Sale Transactions. You can contact us via e-mail @ info@auduhomes.com or by phone at 616-791-0511. 

Twitter feed for Lola Audu     Auduhomes on Facebook     Lola Audu's photostream on Flickr 

 
Post is included in group: Realtors®

55 Comments on The IDEA BANK...Have You Started A Deposit Account?

OCT
20
2007
2 Featured Posts

Lola:

 I have been absent from Active Rain for a bit and I must say, I beleive you are one of the best here on AR!

10:46pm • #1
293,061 Points 100 Featured Posts Localism Sponsor Outside Blog
Thank you for your kind comment Randal.  Appreciate your stopping by to read.
10:53pm • #2
352,156 Points 9 Featured Posts Localism Sponsor Outside Blog

You have such great insight.  I think you are absolute on point with our observations!  I have been trying to absorb as much as I can about blogging as I am a novice.  You are an inspiration and contribute so much to AR.  Thank you for sharing your insights.

11:04pm • #3
293,061 Points 100 Featured Posts Localism Sponsor Outside Blog
Hi Joan, Thanks for your comment.  When I read the blog by Pat Kitano and thought about recent comments from the owners of Active Rain about creating different avenues for distribution of blog content...it made absolute sense.  It's such a different way of thinking that initially it takes a while to wrap your mind around it.
11:06pm • #4
OCT
21
2007
146,533 Points 5 Featured Posts Localism Sponsor

Lola - (comment updated)

I for one am grateful to have been exposed to Active Rain, YOU, and so many other talented folks whom i would have NEVER come into contact with, without my attempt at blogging!!  My head is spinning from realizing the speed of how fast this transitioning is taking place!  WHEW!!! 

So, after reading your post, my mind began swarming with "IDEAS" of concern for those who have not ventured into the depths of Blogosphere .... and here is what came out....  SO.... What If You're Tongue-Tied?  (hope you don't mind my link

 

12:12am • #5
454,362 Points 13 Featured Posts Localism Sponsor Outside Blog
Lola - Yes blogging is going the have one of the greatest impact on how we conduct business in the future.  Already it is paying big dividends.  Thank you for directing me to Amber's newsletter and Pat's article.
12:50am • #6
201,846 Points 4 Featured Posts Outside Blog

Hi Lola - the advances in communication and technology are amazing.  And they progress at a rate that is absolutely mind-boggling.

Your  blog is always full of wonderful information, thought provoking ideas and genuine concern and care for all that you do.  Those are admirable traits, my friend.  Very admirable.

 

1:27am • #7
254,336 Points 44 Featured Posts Outside Blog

Lola, I hope this article is read by those dangling on the fence...perhaps not sure if this "presence" is going to be popular with consumers and worth the time and effort.  It reminds me of 10 years ago.  My broker at that time didn't believe the Internet would play a big part in real estate. 

I wish I could have been a fly in the room when you hand lunch with Missy.  Between you 2 ladies the wealth of knowledge is enormous!

I'm off to read Pats article.  Thank you for the link to it.

4:44am • #8
565,203 Points 95 Featured Posts Localism Sponsor Outside Blog Hit Router

Lola, I loved meeting you and the flowers lasted until yesterday. I never thought about how facebook would aid in college kids getting to know each other faster and better. But, wow great insight. Yesterday someone posted on only 4% of Realtors blog and 10% are "thinking about" it. This from from NAR data. I think it was Ann from Portsmith, N.H. I was shocked and wondered where they got that information.

I love the blog, newsletter idea. I am having one built so once done I will send it out to my  contacts and see IF they will sign up. Great idea !! This new outside blog will be focused on Ann Arbor and Saline, not listings because they are boring in most cases.

7:33am • #9
133,912 Points 19 Featured Posts Outside Blog
Lola, what a wonderful and informative post! You are absolutely correct...the next generation of real estate buyers and sellers will be more likely to do business with someone who communicates "their way." It is great to do business with people who "already know you." Thanks!
9:44am • #10
7 Featured Posts

Lola,

I never imagined what I was getting into when I signed onto AR and created a blog. I still talk to so many people who have no idea what blogging is all about or why we do it. To be honest, I actually meet a ton of people who still don't have a computer or e-mail capabilities. Those people aside, there is a definite transition taking place and I'm so grateful to be able to gain from your insight and knowledge.

Thanks for sharing what you know with the rest of us.

12:56pm • #11
101,649 Points 2 Featured Posts Outside Blog

Great blog and wonderful photos. Where do you get your photos?

Yes those of us who on already active in AR are ten steps ahead of those who are not.  Keep going.

1:10pm • #12
Hi Lola, what a beautifully written post!  Such great, relevant points.  Congrats on being part of the revolution.  Keep up the great work!
1:33pm • #13
576,702 Points 34 Featured Posts Localism Sponsor Outside Blog Hit Router
I have to say that my business is undergoing a fundamental change as a result of a single web search.  It turned up Active Rain and Real Estate Webmasters.  Those two sites have created a serious change in how I looked at the web and my business.. 
1:43pm • #14
1 Featured Post
I love to read your Bloggs.. they are always informative and creative.. Thanks for the inspiration
1:55pm • #15
342,120 Points Outside Blog

Good information. Good post. Thanks for sharing the information.

2:02pm • #16
1 Featured Post

Lola,

Great blog.  I am new to AR and to blogging and still getting my arms around this and my website.  AR has provided a wonderful source of information to draw from.  Thank you for the links and being one of the trailblazers!

2:04pm • #17
593,728 Points 111 Featured Posts Localism Sponsor Outside Blog
You are not only a book of information but also an inspiration for me. I get so much out of your posts and most times have to read it twice to really grasp the information. Thank you for all you contribute here on AR and thank you for sharing it with us. (and I'll learn more yet!)
2:22pm • #18
2 Featured Posts
Lola - this sounds like an interesting new service I will have to check into! You are an inspiration! I spoke with a few builders at the Fall Home Show yesterday about AR and your upcoming seminars. I will be emailing the information to you. I'm certain it will be a great success! 
2:28pm • #19
134,240 Points 8 Featured Posts Outside Blog

Lola,

Thanks for your wonderful contribution, I will check out these posts they sounds like good information. :)

2:35pm • #20
One of the best commentaries I have read since being on AR.
3:22pm • #21
527,117 Points 35 Featured Posts Localism Sponsor Outside Blog
Very thought provoking post on many levels, Lola! Your perception and the links you reference are definitely something to add to lead generation portion of our business plans.
3:50pm • #22
116,137 Points 3 Featured Posts Outside Blog

Lola,

 Thanks for the post. I need to search my area for possible blog conventions. I have been flying under the radar in the blogging world so I hope I am not missing the future.

3:52pm • #23
109,021 Points 11 Featured Posts Outside Blog

Lola, this is a time of transition for our industry. Just what Web 2.x will look like is anybody's guess. My guess is that it will be more  intensely "local" so all these RSS feeds aren't going to be as important as some people think.

But whatever it turns out to be I'm sure you are going to be on the cutting edge.

Good work!

Bill Roberts

4:32pm • #24
195,145 Points 29 Featured Posts Outside Blog
This is really great information! This is very much like bridge building...you never know when you'll need to cross the VERY bridge you build. Blessings!
4:47pm • #25
Great post!  Networking and building key relationships is what this business is all about!
5:13pm • #26
829,949 Points 213 Featured Posts Localism Sponsor Outside Blog Hit Router

Yes, yes.  I have collected all of my posts and I'm planning distribution by any means necessary, including, if necessary, taking them up in a Cessna and dropping them upwind of my market area and letting the wind carry them throughout the MD and VA area. 

As my blogs float to the ground, buyers will be attracted to them by the bright blue paper they are printed on and will collect and save them for periodic review when they need real estate information. 

What else is left?

6:19pm • #27
533,934 Points 45 Featured Posts Outside Blog
Lola, I'd never thought about the advantage of FaceBook for pre-building college relationships - though it makes perfect sense since our blogging develops relationships with clients and other agents before we meet.
6:21pm • #28
160,569 Points 7 Featured Posts Outside Blog
I really do appreciate each and every one of your blog entries.  Than you for sharing your insight with the community!
9:07pm • #29
1 Featured Post Localism Sponsor
What a well written, informative blog and I had to say thank you before I began clicking away on the links!  I'm most excited about the 411 newsletter.  In search of better knowledge, I ended up joining the technology committee at our local board of Realtors.   Apparently, I'm one of the few bloggers and my assignment is to share the ins and outs of blogging with other members at a monthly luncheon in the near future.  I find people like you to be such an inspiration, and make such a contribution to so many people.  It's great to read you!
9:12pm • #30
130,211 Points Outside Blog
another exellent blog with great information and links! thanks-
9:21pm • #31

Hi Lola,

Glad you mentioned Amber's newsletter in your post.  One of our articles will be part of her first newsletter.  We feel honored to have been asked by Jeff Dowler.  Hey, congrats on another Featured post.  Good job!

10:16pm • #32
297,689 Points 12 Featured Posts Localism Sponsor Outside Blog

Lola,

As usual, well said and thought provoking. I liked what you said about meeting with clients after they've read your blog. I'm having a few similar experiences with clients and referring agents. I was called the other day with a CRS referral to my city, I was "interviewed" by other agent, which was just fine with me. I mentioned that she Google my name and my city Brea. I got the referral.

 

10:31pm • #33
121,298 Points 6 Featured Posts Outside Blog
I try to. However, if I can remember things from yesterday I am happy at this point...lol
10:45pm • #34
2 Featured Posts Outside Blog

Great blog.  Thanks for all of these ideas.

Duane Hosek in the Black Hills of South Dakota    www.duanehosek.com

11:09pm • #35
OCT
22
2007
1 Featured Post Localism Sponsor

Lola- I thank you for being here and for your continuing enlightenment. I am always awed by the breath and depth of your posts, and i only touched a few. Alas. one has to sleep. I will just have to return tomorrow. Thanks!

12:45am • #36
404,028 Points 3 Featured Posts Outside Blog
Lola, Thank you for a great post. I will check out the links you mentioned.
6:01am • #37
224,760 Points 2 Featured Posts Localism Sponsor Outside Blog
You always do a great job with your blogs--This one is no exception
7:18am • #38
123,968 Points 3 Featured Posts Outside Blog
If the growth of blogging continues at the current pace, then it will be an even more powerful force in many aspects of our lives.
7:53am • #39
1 Featured Post
The people who keep rising to the surface on AR seem to be the people who do well in their businesses.  It is fortunate that we have all these people at our fingertips to learn from and share.
8:17am • #40
Enjoyed your post Lola.  Thanks for the skinny on 411. It is a wonderful idea.  
Joseph Ferrara.sellsius
10:05am • #41
11 Featured Posts
I thoroughly enjoyed our call last week, Lola, and you are absolutely right.  It's just like talking to an old friend.  Conversations with Rainers are always a lot of fun.  Thanks so much for letting everyone know about 411 Real Estate Place!  Maybe it will lead to another great call or two! ;)
10:05am • #42
293,061 Points 100 Featured Posts Localism Sponsor Outside Blog

To All:  Thanks for your comments.  I have been largely away from my computer over the past 24 hours but appreciate how many of you stopped by to read and share your thoughts.  I'll be responding in a little bit.  Thanks Again.

3:36pm • #43
293,061 Points 100 Featured Posts Localism Sponsor Outside Blog

Hi Diane, Thanks for stopping by to read and comment. I read your blog post very quickly, but will be going back to read it more slowly and comment.  Good discussion you've got going. :)

Jennifer, Amber's newsletter is a great way to add value from the collective wisdom of the blogosphere to our clients.  I think it's a great idea and she's off to a good start.

Hi Carol, Good to hear from you.  Thanks for stopping by!  Hoping to be able to connect with you in GR :)

Kris, I'm smiling as I read your comment about 10 years ago.  Unfortunately, there are still many individuals in the real estate community who fail to comprehend how important and relevant an understanding and engagement with this medium is.

Hi Missy, Wow, that's wonderful about the flowers!  They decided they had to squeeze out every last bit of beauty as a gift from the heart! :)  Thanks also for the tip about Ann's blog.  I'm going to check it out.  I can understand the confusion of many real estate professionals...this way of thinking can seem very confusing at first.

4:39pm • #44
293,061 Points 100 Featured Posts Localism Sponsor Outside Blog

Hi Kelly, Peer support and affirmation is very important to all of us...it will just be done within some additional channels in the future.  However, these new distribution systems of information will be far more expansive in their reach.

Hi Andrew...it's like parallel worlds.  There are many agents who don't want to use e-mail and refuse to get even a domain name or a website.  There were also individuals who refused to buy a TV in the 1950's and 60's.  To each his own...

Thanks for your comment Kay.

Thanks Vickie.

Lane...I can relate.  A single google search brought me to Active Rain and it has definitely been a life changing experience.

4:46pm • #45
293,061 Points 100 Featured Posts Localism Sponsor Outside Blog

Appreciate your visit Donna.

Bob & Carolin...Thanks for your comment.

Kim...You're welcome.

Sally....I feel the same way about you!  Thanks for your comment. :)

Hi Mary, Thanks for spreading the word about the Blogging Seminar.  Truly appreciate it.  This is a tool that can be of such great benefit to those in the home building profession.

Suzanne, Thanks for stopping by to read and comment. 

Appreciate your comment John

4:52pm • #46
316,865 Points 45 Featured Posts Outside Blog

Hi Lola - wow, loads of great info in this post!  And some eye-opening info about facebook, etc.  I'm on there, but just have not done much at all with it or a few others I'm on.  I think now I'll be thinking about them in a slightly different light.

From reading the comments, many of us have AR to thank for getting us to the point where we all are right now, and for putting us ahead of so many.  That report Missy mentioned is one of my posts, "Who Are We?", and the stat NAR had was just as she wrote - 4% have blogs, and another 10% plan to.

I've been slowly making my deposits in a variety of places.  I think I need to speed those deposits up a bit!

Thanks for this terrific post!
Ann

4:58pm • #47
293,061 Points 100 Featured Posts Localism Sponsor Outside Blog

Rebecca...the most important thing is that you're starting today!  Keep up the good work.

Bill...Appreciate your visit.  There is a powerful shift (transition) taking place that will reshape much more than just the real estate community.

Lenn... :)

Sharon...It was a fascinating thing to observe.  Gave me some food for thought with reference to real estate too.

Thanks for your comment Scot.

Chris...Truly appreciate your stopping by to read and comment.

4:58pm • #48
293,061 Points 100 Featured Posts Localism Sponsor Outside Blog

Natalie...Congrats on being on the forefront as a leader in your local community in this area.  Best wishes as you grow and help others to learn about the implications of this new technology.  Thanks for your comment.

Bill & Barbara Jo...Appreciate your comment.

Elizabeth...Thanks for the Blessing and the "Bridge" analogy :)

Lisa...Congratulations on being a part of the Inaugural issue of the Newsletter!  Excellent blog posts will have the opportunity to be amplified through partnerships like this.

Lynda...Very interesting & powerful.  Another agent googled your name for a referral... AND as a result, you got the referral.  First of all...Congratulations and secondly, this is a great example of the ways in which this medium is impacting connections in our spheres of influence and business relationships.

5:10pm • #49
293,061 Points 100 Featured Posts Localism Sponsor Outside Blog

Eloise, Thank you for your kind compliment.  I truly appreciate your visit.

You're welcome Duane.

Christy....:)

Hi Gita, Thanks for stopping by to read and comment.

Appreciate your comment & compliment Diane.

Hi Al...the pace of the growth in this revolution is expanding....

Chelle, Thanks for your comment.  I have learned a lot through this network.  It's a phenomenal place to get a good education particularly about the new media.

5:23pm • #50
293,061 Points 100 Featured Posts Localism Sponsor Outside Blog

Hi Joseph...Honored by your visit.  The 411 Newsletter is worth checking out. :)

Amber...Best Wishes for continued success!  The 411 is a great concept.

Hi Ann, Thanks for stopping by to read and comment and for the link to your blog post.  As soon as I finish with the comments here...I'll be heading over there next. :)

5:32pm • #51
223,416 Points 12 Featured Posts Localism Sponsor Outside Blog
I make deposits daily with the idea in mind that discipline and creativity will pay off in the end.
8:51pm • #52
OCT
26
2007
208,483 Points 2 Featured Posts Outside Blog

Lola...it sounds like soon we'll be  Paying it Forward, which is a very good thing for us all.

Cheers, have an awesome day, and keep up the great posts :O)

1:58am • #54
293,061 Points 100 Featured Posts Localism Sponsor Outside Blog

Tracey, I think you're on the right track!

Fred, Thanks for your comment.

1:42pm • #55
NOV
09
2007
Lola, excellent post. Thank goodness we have kids to keep us in the technology loop, yes? If everything closes as planned this year, I'll have done $15 million in a declining bubble market where the median price is $280K, all thanks to my blog. It's an incredible tool for attracting whatever kind of business you want. Blogging, done well, is the magic bullet of lead generation in real estate.
Diane Cohn
10:46pm • #56

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Lola Audu~Real Estate Broker/Owner Grand Rapids, Michigan Real Estate

Grand Rapids, MI

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Lola Audu~Audu Real Estate~Grand Rapids, MI Real Estate

Address: 3659 Alpine NW, Suite 102, Grand Rapids, MI, 49321

Office Phone: (616) 791-0511

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Grand Rapids, Michigan real estate information including houses for sale, rent and home buyer/seller tips. Also includes wisdom and insights from Lola Audu, CRS Associate Broker.

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