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"Is Social Networking an Excuse for REAL Marketing?" - Counter Point

By
Real Estate Agent with Fathom Realty West Sound WA State 52404

Liz Provo, with Mass Marketing Resources, recently published a semi-provocative article on ActiveRain which garnered an expected amount of comments. It was entitled,

"Are We Kidding Ourselves about the Value of Social Networking?"

She starts out by stating that she's having 'serious' doubts about the overall value of social networking. She then cites as an example a local business she's been following on Twitter who posts upwards of 20 tweets a day to a following of 140 Twitter members, most who, according to her, are from outside their geographical market area. She suggests that this company is wasting time trying to market their message to people who are not interested, and that they're neglecting their real customers and potential customers.

social-networks-are-a-waste-of-timeFrom there, she makes a rather large transitional 'leap' and berates social networkers for taking the 'Easy' way out. We're simply 'zoning' out, she says. We're too lazy to answer our phones or engage in real conversations. We hole up in our offices, ignoring our customers, and play 'Mafia Wars' all day. Social networking is just our 'excuse' for not doing any 'real' marketing or serving our clients.

While I will agree that there are those who can get easily distracted or sidetracked when using social networks to promote their business, there is a significant amount of real estate professionals who have successfully leveraged social media (and especially social networking) to effectively promote and grow their business.

I think it would be safe to say that there are many people who have attempted to use Twitter in their marketing efforts, but for whatever reason, have failed to make it work. One size doesn't fit all in the social media arena. Part of the journey is trying out new tools and seeing what works best in your particular location. For many people, Twitter has definitely become a valuable marketing tool.

She ends her post by saying: its-all-about-how-many-friends-you-have

"So, I'm reconsidering my time spent with this new medium....I will not use social networking as an excuse for other marketing and customer service.

Interestingly, she later states in a comment within her post that she thinks social networking has a place in a balanced marketing plan.

Excuse me? Which is it? Either Social Networking has value or it doesn't. And I thought political candidates were the only ones who flip-flopped!....

Evidently, the point she was trying to make was that there is a difference between connecting/forming relationships and merely chasing numbers.

activerain-offers-true-value-and-benefitOkay, I'll agree that some people get caught up in how many 'friends' or 'fans' they can get on Facebook. Or how many 'followers' they can achieve on Twitter. Or how many points they can earn on ActiveRain. But those things, in and of themselves, don't negate the value of such platforms.

And one of the primary benefits of social media and social networking is the ability they provide to connect and form meaningful relationships.

A perfect example is ActiveRain. ActiveRain is a social network. It has literally revolutionized the way I view marketing and the manner in which I grow my real estate business. Many of my business successes and accomplishments over the past several years can be directly traced to my involvement here. And many of the friendships I have fostered and developed here will no doubt last a lifetime!

So I guess I'll just continue to take the 'Easy' way out and keep depositing those commission checks from clients I've attracted through social networking!....

~     o     ~     o     ~     o     ~     o     ~     o     ~

kitsap-county-wa-real-estate

Rich Jacobson is a licensed real estate professional providing knowledgeable empowerment and relentless representation for his clients of residential properties and vacant land throughout all of Kitsap County WA and portions of Pierce, Mason, and Jefferson Counties. You can also find him at KitsapLife.com, SOUNDBITEBLOG, Crabbing in the Hood, Facebook, Twitter, or e-mail:  kitsapagent@gmail.com

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Rich Jacobson is a REALTOR® and licensed Broker with Fathom Realty. He's a Crab Hunter, Clam Digger, and Oyster Shucker, skilffuly vanquishing anything in a shell! He is the Social Media Evangelist for Life on the Kitsap Peninsula & The Western Puget Sound in scenic WA State.

Paul Guenther - WFG Title
WFG NATIONAL TITLE INSURANCE COMPANY - Flagstaff, AZ
The Extra Mile Is Part Of My Regular Route!

Rich,

Some people don't get it or don't want to get it.  They don't accept change.. That is ok! It means those who do may end up getting the deals. 

Bill Risser and I teach a series on Social Networking and we come across this often, we have converted most :)

Dec 02, 2009 07:13 PM
Maureen McCabe
HER Realtors - Columbus, OH
Columbus Ohio Real Estate

What's she selling? 

I think with the changes for Twitter on Google and Bing the local company she is critiquing is reaching more than the 140 followers with their tweets.  

 

Dec 02, 2009 08:50 PM
Loreena and Michael Yeo
3:16 team REALTY ~ Locally-owned Prosper TX Real Estate Co. - Prosper, TX
Real Estate Agents

Rich - As I have mentioned before, anything good can turn bad very quickly if done wrong. Everything in moderation is good. That's what seems most people seem to not do tastefully. Personally, social media/ networking should only serve as reminders of whom you are and what you do. Every other hour with a tweet is downright offensive.

Dec 02, 2009 09:09 PM
Maureen McCabe
HER Realtors - Columbus, OH
Columbus Ohio Real Estate

Well the internal comment spammers enjoyed themselves on her post, I think the whole thread ought to be condemned by ActiveRain for comment spam.  It is amazing it got that many comments unfeatured. 

Whats with all the links, contact info, headshots was there a feeding frenzy because they were allowed to comment spam? 

Dec 02, 2009 09:17 PM
Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

Agreed Rich. I think there needs to be a good balance between online and offline marketing efforts.

Dec 02, 2009 11:33 PM
Nevin Williams
Fairway Independent Mortgage Corporation - Cary, NC
Senior Mortgage Advisor

Rich - As much as it is tempting I won't fight her on her post.  I have not found Twitter or Facebook to work well for my business the way I run it.  However it does work well for other people since one size does not fit all. 

Like you, Active Rain has made a huge difference in my business.  I did not start to become active on AR until Feb-March of this year.  During this time I have forged great relationships with agents, had loan officers wanting to change brokers find me through AR and they now work for me and the list goes on and on.  In less than one year, AR has accounted for about 20% of my income.  As far as I am concerned, that is enough proof for me that it can work if you work it.

As far as people using facebook to play Mafia Wars etc. it really comes down to work ethic.  Lazy people on Facebook are still lazy and use FB as a means of entertainment.  Hard working people who manage their time effectively will use these social media to enhance their marketing and relationships thereby building their business.

Dec 03, 2009 12:14 AM
Marian Pierre-Louis
Fieldstone Historic Research - Medway, MA
Metrowest Boston

Rich, I'm on board with the online social media/social networking thing.  When used correctly it can be powerful.  But I also use plain old traditional marketing and face to face networking.  Both are beneficial.  On another note, you really have gotten control of the whole blogging thing haven't you?!! I checked out your other blogs and they are amazing.  I particularly like your crabbing blog. 

Dec 03, 2009 01:21 AM
Rich Jacobson
Fathom Realty West Sound - Poulsbo, WA
Your Kitsap County WA Real Estate Broker

Marian, madame Librarian:  I agree. Ours is a relational business. FTF will never be outdone by any form of technology. Thanks for the kind comments on my blogs. I've had some great mentors who have encouraged me along the way. I'm just trying to pay it forward!...

Dec 03, 2009 01:52 AM
Melina Tomson
Tomson Burnham, llc Licensed in the State of Oregon - Salem, OR
Principal Broker/Owner, M.S.

I think the problem is that the past two years have been insanely difficult for many agents.  Social media has become a stress relief for many.  Sometimes that is good, sometimes bad.  I think many agents are unfocused these days and what she is talking about are the agents struggling to deal with the changing market. 

This isn't just a real estate problem, it is a business problem.  Many business's are losing productivity to people tweeting and facebooking while working.  When people are stressed they look for an escape and social media provides a 24/7 escape.

Social media is a fabulous way to meet people that you would never run into on the street.  I have meet folks for tweetups, happy hours, etc that I would never have run into on my normal daily routine.  The thing is to stay focused on the tasks at hand and not get carried away with all of the distractions that social media has to offer.  That attitude isn't about social media though. That is about personal focus, attitude and boundaries.

Dec 03, 2009 04:40 AM
Esko Kiuru
Bethesda, MD

Rich,

Social networking isn't for everybody. If it fits your personality it can be a key component on your marketing plan. Yes, there are many other ways to market, social networking just is the newest kid on the block.

Dec 03, 2009 03:55 PM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Rich great post.  Unfortunately their are many real estate bloggers that do not understand real estate.  So the questions is what comes first...the "Chicken or the egg?"  I believe SM is a a great tool to enhance my career and income.   For those that are new in real estate online social media may not be the best place to get their answers for the newcomer in real estate.  "First things first!"  The place to begin may be local.  Brokers, lawyers that are in your local marketplace and familiar with local MLS rules and state license law are a much better source of legal advice than tossing a problem or situation out to the world.  Local networking and education may be more beneficial.

I would make a suggestion to make AR more beneficial...start local networking chapters!  Then we all can have our cake and eat it too!  These could be AR mastermind groups etc...

Dec 04, 2009 12:39 AM
Walter Grewe III
Long and Foster Realtors - Roanoke, VA
Realtor, SFR, A-REO, Roanoke Homes and Real Estate

Rich,

Liz is obviously out of touch, Farmville is much better than Mafia Wars.

 But I digress, I have sectioned my Facebook friends into SOI and use it to send a monthly newsletter to them, post my listings, and use my status to promote just solds. Needless to say no matter what the endeavor, tracking your results and determining where the money is coming from is the most beneficial thing any of us can do. I am in the process of building an referral based business and am trying to maintain that top of mind presence with my SOI. My focus is to make sure that when my SOI hears someone talking about buying or selling a homeI am the first thing that they think of.

Dec 05, 2009 12:38 AM
Al & Peggy Cunningham, Brokers
RE/MAX West Realty Inc., Brokerage - Brampton, ON
Our Family Wants To Help Your Family!

Rich this turned out to be a very interesting post with lots of interesting comments.  Balance we think is a word that is the centre of all. Your life, your hobbies, your business and your marketing.  A good balance between all mediums does the trick.

 

BTW - Walter, you are absolutely right Farmville beats Mafia Wars, totally.

Dec 05, 2009 09:26 AM
Christine Emmick
Freelance Writer - Wall, PA
Woman of many words

Ahh Rich, I fear you may have missed the point. Sales numbers are one thing, but real relationship building is quite another. Social media is missing something. I blogged on this several months ago. You cannot parent effectively through social media, not that you'd want to parent your clients, but too many are exchanging the call for the email, tweet or post, and you have to admit, this is addicting.

Dec 07, 2009 02:11 PM
Christine Emmick
Freelance Writer - Wall, PA
Woman of many words

Farmville and Mafia Wars.. who has time for either!

Dec 07, 2009 02:12 PM
Rich Jacobson
Fathom Realty West Sound - Poulsbo, WA
Your Kitsap County WA Real Estate Broker

Christine: ABSOLUTELY it's all about relationship building. Social media and social networking should never ever replace personal touch, especially FTF. But it's a great way to make additional meaningful touches. THAT'S the point. To augment and supplement what you're currently doing, but through using today's emerging technologies and the Internet.

Dec 07, 2009 03:25 PM