by Rich Schiffer, REALTOR, e-PRO 

(This article is part of a training series presented for real estate professionals, whether new to the industry or experienced, to help them discover, understand, and benefit from the tools that are available on-line.  For access to the full series, join the ActiveRain Technology Toolkit Training group.  If you have not yet joined the ActiveRain Real Estate Network, you may do so here.).

There are many tools that a real estate agent can use for Internet marketing, and most of them can be done with little to no cost. No matter what your marketing budget is, these tools can be used to increase the return on your marketing dollars.

Here is a list of 6 Categories of general Technology Tools that you should be making use of, which I will elaborate on, in detailed posts in the coming days.  Many of these issues were discussed in a recent report by The Strategic Issues Work Group of the National Association of Realtors®' Association Executives Committee.  They were charged with identifying emerging trends that will likely impact our industry in the years ahead.  The Online Trends and Consumer Trends they identified are the very topics this Technology Toolkit Training Series is designed to address

  1. Blogs (sometimes called Web-Logs)
    These are essentially articles that are published on the Internet. When a consumer searches for information on a particular topic, relevant articles that match the search terms rank very highly on the search results.  Real estate agents can tap into this by producing articles rich with local content.
  2. Social Networks
    These "online communities" have created a degree of consumer-to-consumer and consumer-to-service provider communication heretofore impossible.  These networks can be great sources of potential business. Many networks allow on-line discussions, and development of special interest "communities" or "groups" within the network, so users can further self-categorize themselves.  This eliminates the need for costly market demographic studies, and allows the savvy service provider to create and effectively target their "niche" consumer.

  3. On-line Classified ads
    Many specialty sites allow posting free classified ads. Because of the decrease in distribution of newspapers, and increased reliance on the Internet as an information source, this becomes very important.

  4. CRM (Client Relationship Management)
    Because the "Google shift" brings the consumer to us potentially much earlier in their decision-making process than before, there is now a longer "incubation time" during which you need a systematic method for following up with leads, to develop the relationship with them potentially before you ever meet them in person. Email "drip campaigns" that automatically send periodic information to your leads can be instrumental in improving your Lead to Client conversion rates, as well as your repeat  and referral business.

  5. Video Tours
    According to Realtor.com, the button that is used by searchers most often is the one that limits the search results to show only listings with "featured tours." Today's consumers want multi-media. Without it, your "product" might never be seen by them.

  6. Website(s)
    Agent branded websites (and non-branded sites) are increasingly important, as consumers want a personal touch, even if it is only on-line at first. There are many services that can build, host and maintain a quality website,  Some can be costly, while others will easily fit the buget of a new licensee, who might not have a strong client base or marketing budget to start with.

Each of the above categories of Technology Tools will be detailed in future posts within the Technology Toolkit Training group.  For access to the full series, and the detailed tips and strategies, please join that group.

Closing Thoughts

Internet marketing is a tool (collection of tools, actually) that can be used to enhance your business. It is not a magic pill, however.

To be fully successful, Internet marketing must be integrated into your marketing plan, right along with the traditional tools. You still need work your business, and get yourself in front of people, face to face.

The "first impression" that you make on a consumer might not actually be made in person, but the personal touch is still needed to solidify a relationship, build trust, and ultimately close the transaction.

A well-designed Internet marketing program may create a steady stream of leads, but you still need the skills to follow up with them to win them as clients.

Hone your skills, choose the right tools to get the job done, and remember:

"Technology will not replace agents. Agents with technology will replace agents without."

 
Post is included in group: Realtors®
Post is included in group: Online Marketing Help Center
Post is included in group: Real Estate Rookie
Post is included in group: Rookies Turning Pro

25 Comments on 6 "Technology Tools" to tap into the effectiveness of Internet Marketing

APR
24
2008
303,690 Points 12 Featured Posts Localism Sponsor Outside Blog

Hi Rich,

Thanks, lot's of great info. I loved your last statement, well said.

11:13pm • #2
3 Featured Posts Localism Sponsor
Great article!  I just recently discovered the power of online classifieds.  If it's done right, you can drive a TON of traffice to your website!
11:14pm • #3
23 Featured Posts
Yvette --  thanks for the bookmark.  Now go check out the Technology Toolkit Training (you will have to send me a message to request an invitation, as it is a private group)  Some articles in the future will be posted exclusively within that group, so bookmarking here won't be enought is you want the whole series.
11:14pm • #4
23 Featured Posts

Lynda -- Thank you., and like I told Yvette, go check out the Technology Toolkit Training for access to the entire series.

11:16pm • #5
23 Featured Posts
Tony -- Thank you.  I will be detailing techniques on effective classified ads, as well as listing several resources for where to post them online in the follow-up articles in the Technology Toolkit Training group.
11:18pm • #6
Great tech tools thanks for the post and the info keep up the great work
11:53pm • #7
APR
25
2008
23 Featured Posts
Richard -- Thanks, and well, at the risk of sounding like a broken record...check out the Technology Toolkit Training group.  (If you want an invitation to this private group, simply Contact Rich Schiffer, REALTOR, e-PRO )
12:17am • #8
266,452 Points 59 Featured Posts Outside Blog
Rich - I love that last quote!  As a Mortgage Broker, I use several of these but am always looking to adapt and increase my exposure to those that need my help.
9:47am • #9

Did you invent that last sentence? I think I heard that in a seminar a few years ago?

Tom Finn
8:13pm • #10
23 Featured Posts
Tom Finn -- Since I have only been in the business since '06, I certainly cannot claim to be an industry innovator. However, I did use that line in a seminar last year at the RIS Media 18th Annual Leadership Conference. Perhaps you heard me speak there? The concept is not new, to be sure, and someone else may have reached the same conclusion. It would not surprise me if a similar line was uttered by Henry Ford, as he introduced the manufacturers of his day to new manufacturing techniques.
9:20pm • #11
8 Featured Posts
Rich - Fantastic information.  Alot of the tools you mention can and will bring great results if used consistently.  We get a great response from Classified Ads, our AR blog and with our contact management system.  Rich, what a fantastic post!
10:14pm • #12
250,130 Points 3 Featured Posts Outside Blog

Rich,

Internet marketing can make a huge difference in your business results but it requires plenty of work, too. Just signing up with ActiveRain, for instance, and not blogging and commenting isn't going to help any.

10:32pm • #13
17 Featured Posts
Rich~ This is a great article, that so effectively points out the game plan we should all have for our Internet presence, Bookmarked!
10:35pm • #14
APR
26
2008
Hey Rich. Great insight. Really like the last statement. I also think being willing to open yourself up to teach the general public the "how to's" will open many doors to converting leads as well. Technology is highly important, but must be offset with great personal contact and continual follow up!
12:45pm • #15
APR
28
2008
Rich...really good tips to apply to my marketing plan..had not thought about some of them..thanks for sharing.
6:46am • #16
23 Featured Posts

Brande -- if you fully integrate these tools, (as it sounds like you are on your way to doing) you will have a great foundation for your business to succeed in the years to come.

Esko --  Entirely true.  There is a reason "Active" is part of the name of this network.  Only by actively using the tools can you actually build an internet presence.  Buying the best toolbox in the world will not build a thing for you.  You need to at least occassionaly swing that hammer!  The rest of the articles in the Technology Toolkit Training group will be focussing on how to actually use the tools effectively.

Laura -- Remember though, that this only introduces the types of tools...future posts will detail the exact tools, and how to effectively use them.  All the future articles will be posted in the Technology Toolkit Training group

Ray --  You offer an astute observation. Technology can get you in front of the consumers sooner, but only personal contact and followup will convert them to life-long clients. 

Patty -- I am always willing to share what I know.  I am of the opinion that sharing knowledge enhances ones likelihood of gaining new knowledge.

2:02pm • #17
MAY
08
2008
Hi Rich!  Great post and definitely bookmark worthy - which I am doing right now!  JENNIFER
4:14pm • #18
23 Featured Posts
Jennifer -- thanks for stopping by. Remember, bookmarks are only of value if you use them...I will be adding links to future articles as they are posted, so check back frequently.
6:55pm • #19
AUG
16
2008
2 Featured Posts Outside Blog

Don't forget to take advantage of the single property domain web sites that syndicate listings to these classified ad systems.  ListingProducer or TheListingWidget are good ones to look at.  They allow an agent to create a single property domain flyer and get more exposure for your client

1:08pm • #20

I have to bookmark you too.  This internet presence is difficult for someone who isn't so tech-savvy.  Thank you for sharing.

5:45pm • #21
SEP
18
2008

Very Well said. Great information. Thanks for posting.

4:06pm • #22
SEP
22
2008

Great information. Thanks for sharing.

5:08pm • #23

Thank you for your very good information

9:20pm • #24
SEP
23
2008
136,374 Points 2 Featured Posts Outside Blog

Rich, Thanks for the post! I bookmarked it so I can refer back to it. Lots of great info.

10:19am • #25

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Rich Schiffer, REALTOR, e-PRO

Swarthmore, PA

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Weichert, Realtors

Address: 606 E Baltimore Pike, Media, PA, 19063

Office Phone: (610) 565-1300 x 122

Cell Phone: (610) 506-2663

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I will be posting information intended to be helpful for home buyers, sellers, and investors. I will also post articles intended to be of benefit for other Real Estate Professionals. I will try to avoid articles on religion or politics, unless it has direct bearing on Real Estate matters, but I reserve the right to be thought-provoking, and even philosophical at times. (And even humorous, if I am feeling in the mood) Please sign our guestbook:

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