Internet Marketing, lower overhead and reduced comissions

By
Real Estate Agent with www.WEBMLS.net

The internet, Cell Phones, and fax machines have transformed the Real Estate Industry.  Working from a home office instead of renting an office makes common sense!  Multiple pictures and Virtual tours have cut the amount of houses we show by 75%!  We only tour the top 10 homes that our clients have put on their top ten list.  Even our Gas and mileage are cut in half thanks to technology! Lowering the overhead of our business helps us to allocate our savings to our children's education, our self marketing, our retirement fund, and even allows us to pass the savings on to our clients through offering competitive commission strategies. 

What are your thoughts????

Comments (10)

Chris Tesch
RE/MAX Bryan-College Station - College Station, TX
College Station, Texas Real Estate
Most of my expenses are centered on the internet.  It's how I get buyers, how I make my sellers happy and how I communicate.  Definately a new world out there!  I still work from an office for the busy season though.  Too much happens that you need to be there for!
Mar 31, 2007 03:21 PM
Chris Tesch
RE/MAX Bryan-College Station - College Station, TX
College Station, Texas Real Estate
Most of my expenses are centered on the internet.  It's how I get buyers, how I make my sellers happy and how I communicate.  Definately a new world out there!  I still work from an office for the busy season though.  Too much happens that you need to be there for!
Mar 31, 2007 03:21 PM
Ryan Hukill - Edmond
ShowMeOKC Real Estate Pros of KW Elite - Edmond, OK
Realtor, Team Lead
Oh so true. I'm with Chris and spend most of my advertising budget on internet-related expenses. That in combination with word-of-mouth and face-to-face marketing keep me from ever having to pay for overpriced newspaper ads & other traditional advertising mediums.
Mar 31, 2007 03:26 PM
Ray Saenz
Exit Realty Laredo - Laredo, TX
Homes for Sale in Laredo, TX - Texas, Realtor

Pam,

True and these days there are a lot of ways to do it for free, I love this community

thanks AR

Aurora Denver Colorado Real Estate - Homes for sale in Colorado Spanish Speaking Real Estate Agent 

Mar 31, 2007 04:15 PM
Roger Stensland
Keller Williams Realty Puget Sound - Maple Valley, WA
Let's Move!
While I like the internet and all of the advances we have made because of it, I still like the good old hands-on approach too.  I blend both.
Mar 31, 2007 04:43 PM
Colleen Irwin
Retired - Irondequoit, NY
Creative Real Estate Solutions...
Welcome to ActiveRain and congratulations on your first post and for joining such a great group.  There are tons of resources here for you, a recent post you might want to bookmark will give you great ideas for future posts:  resources for you!
Apr 01, 2007 05:03 AM
Ellie McIntire
Ellicott City Clarksville Howard County Maryland Real Estate - Ellicott City, MD
Luxury service in Central Maryland
Thanks to AR I have cut my marketing budget in half. All the great web sites that are for free that other members have shared are invaluable.
Apr 04, 2007 01:33 PM
Jeff Tumbarello
Steelbridge Realty LLC - North Fort Myers, FL
the net is a great way to do business
Aug 15, 2007 10:20 AM
Anonymous
Jennifer Marks

Wow -- such a great older post -- to the point.  Now with FB, Twitter and all the social media adding into the game plan. I can offer more exposure for less.  Especially in this economy everyway to save is a blessing.

Oct 06, 2009 04:55 AM
#10