Social Media For Real Estate Brokers

Post on 17-Nov-2014

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Presented by:

Mardy Sitzer, Bumblebee Design & Marketing LLC

SOCIAL MEDIA

Finding and Nurturing Leads

One  To  One  

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One  To  Many  

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Hope  For  A  Referral  

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Oh  goobers,  I  forgot  that  is  what  you  do!  

Or  Systematize  For  Big  Results  

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It’s  Not  Free  It’s  Not  Easy  It  Takes  Time  and….  NO  

Not  just  anyone  can  do  it...  

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successfully

If  It  Were  That  Easy  Then  

Every  Broker  Would  Be  A  

Big  Success  

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Photo iStock

Competitive  

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• According to National Association of Realtors (NAR) there is an estimated 2.3 million agents in the U.S.

• 59,322 Real Estate Companies in New York

• According to NY State Records there are more than 27,000 brokers and real estate agents operating in Manhattan competing for 10,000 real estate transactions per year (NIC co-op sales).

Challenge  

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Only 14% of consumers trust advertisements…

78% of consumers trust peer recommendations!

Advertising  Today  

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Only 18% of televison campaigns generate a positive ROI.

Direct Mail response is down 90%.

Social Media continues to grow by 10% a month!

Just  The  Facts  

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 93% of consumers worldwide use search engines to find and access websites. Source: Forrester Research

 There are over 694,000 searches a second on Google alone.

 85% of these searchers don’t click on paid links (ads).

 PPC costs have grown 37% over the past year and continue to rise.

Game  Has  Changed  

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• Customer is in control • Belief: There is NO TRUTH IN ADVERTISING • Everyone has A.D.D. (attention deficit disorder) • No one wants to be sold to.

The Social Web Has Changed Everything!

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“Selling  to  people  who  actually  want  to  hear  from  you  is  more  effective  than  interrupting  strangers  who  don’t”.  

(Seth  Godin)  

I  Mean  Really….  

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Just how many phone calls can you make in a day?

And even if you have some success it is only 1-to-1

Social  Media  Amplifies  

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300 LinkedIn 500 Twitter 150 Facebook 25 StumbleUpon 500 Subscribers 1,475 CONNECTIONS

Hi

You

Influencer

Hi

Social  Media  Is  Custom  Made    For  Real  Estate  

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Why  You  Need  A  Strategy,  A  Plan,    And  A  Program  

The  Buyer’s  Cycle  

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Need  

Awareness  (WOM)  

Confirmation  Verification  

Nurture,  Nurture,  Nurture  

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   Lead  nurturing  =  relevant  and  consistent  dialogue  with  viable  potential  customers  and  influencers,  regardless  of  their  timing  to  buy.    

Proven  methodology  for    lead-­‐to-­‐sale  results.  

•  It’s  crowded  out  there  •  Facebook  post  views  based  on  

Edgerank  •  No.  1  Reason  people  UNLIKE  

on  facebook  is  too  many  posts  and  irrelevant  content  

•  Twitter  streams  filtered  by  3rd  party  products  and  lists  

Making  Noise  Won’t  Help  

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Big  Picture  Strategy  

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Big  Picture  Strategy  

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• Understand who your target/prospect is

Big  Picture  Strategy  

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• Understand who your target/prospect is

• Understand best practices for each vehicle you choose to use

Big  Picture  Strategy  

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• Understand who your target/prospect is

• Understand best practices for each vehicle you choose to use

• Think: What is the value I can to help nurture relationships? How can I help?

Big  Picture  Strategy  

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• Understand who your target/prospect is

• Understand best practices for each vehicle you choose to use

• Think: What is the value I can to help nurture relationships? How can I help?

• Create a communications schedule

Big  Picture  Strategy  

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• Understand who your target/prospect is

• Understand best practices for each vehicle you choose to use

• Think: What is the value I can to help nurture relationships? How can I help?

• Create a communications schedule

• Determine a plan to continue to nurture the relationship once the sale has been made or lost.

Own  Your  Contacts  

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INVEST IN A TOP NOTCH

CRM SYSTEM!

What  Goes  in  a  CRM?  

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•  Create fields for keeping track of relevant information • Where the lead came from – referral person • How they found you • Buy or Rent interest • Do they have kids or planning on kids • Do they have a dog • Play golf / tennis / jog / sail / wine lovers • What company do they work for • Price range

• Where/when you met; follow up meetings; etc. • Keep track of contacts, communications, documents shared • Preferred method of contact (phone, cell, text, IM, FB…) • Professional or social organizations and associations where they belong • Social Media outlets where they engage

CRM  Solutions  

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DESKTOP:

Outlook Entourage Sage Goldmine Excel

WEB BASED:

Google Salesforce Sugar Hi-rise HQ Nutshell Mail Zoho

Sign  Your  Emails  

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•  Keep  in  touch  with  relevant  information  •  Version  for  interests:  Buyers  /  Renters  /  Family  /  Single  /  

already  moved  –  neighborhood  •  CALLS  TO  ACTION:  open  house,  referrals,  engage  on  

social  media  sites  

Monthly  Newsletter  

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Email  

News  letter  

Keep  The  Conversation  Going  

Integrate  SM  with  all  of  your  marketing    

Time  To  Get  On  The  Wagon  

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•  No  gatekeepers  •  Starting  and/or  maintaining  relationships  with  decision  

makers,  influencers,  customers,  fans  •  Keeping  ‘top  of  mind’  •  Protecting  your  reputation  •  Expand  circle  of  influence  •  Finding  hidden  opportunities  •  Turning  a  sales  cold  call  into  a  warm  call  •  Removing  geographic  or  budgetary  boundaries  

Wonder  Drug:  Social  Media  

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Zillow  

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Find and rate brokers and agents, listings, local data and more.

HINT: Build out your profile and get visible.

Zillow  

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Android, iPad, Blackberry, Windows

Trulia  

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Trulia  

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LinkedIn  

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Cool  Tools  

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Calendar coordination that syncs – effective for coordinating multiple parties for meetings, showings, etc.

PROMOTE OPEN HOUSES:

LinkedIn Events Facebook Events

Meetup (invite connections and invite them to invite

those who they know)

Video tours for brokers and agents

Virtual  Open  Houses  

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StreamingVideo + Live Chat Webinar Style

Record and Host on YouTube, Vimeo

And post on your blog, website, etc.

How  Do  You  Look  On  Line?  

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Set  Up  Personal  Profiles  

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• ALWAYS USE YOUR NAME = Brand

• ALWAYS HAVE EMAIL ADDRESS / URL / PHONE #

• ALWAYS BE CLEAR – WHAT YOU DO

• ALWAYS DIFFERENTIATE YOURSELF

• BE CONSISTENT

LinkedIn  –  A  MUST  

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Professional  Profiles  

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Facebook  

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Facebook  

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•  Best  to  attract  fans  that  will  engage  rather  than  shoot  for  mass  followers  

•  Strategize  content  to  be  provocative  –  thought  provoking  –  challenging  –  interesting  –  GOAL  is  to  gain  likes  and  comments  

• Without  engagement  there  is  no  visibility  

Facebook  

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Twitter  

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55,000,000  Tweets  a  Day  

600,000,000  Search  Queries  a  Day  

Twitter  

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Twitter users are: Young Educated Affluent Tech Savvy

Twitter  

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•  Best  to  find  prospects  –  follow  –  watch  -­‐  learn  •  Join  in  when  appropriate  •  Strategize  content  to  be  provocative  –  thought  provoking  –  challenging  –  interesting  –  GOAL  is  to  gain  likes  and  comments  

•  Be  interestED  and  interesting  –  then  sell  • Without  engagement  there  is  no  visibility  

Now  There  is  Google+  

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Mobilize  Your  Profile  

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YOU  GOT  GAME  

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Now get out there and play like a pro….

After the game – keep the team spirit (this is where referrals come from!)

Sorry  –  It  Isn’t  About  You  

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Always  Be  Listening  

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http://www.google.com/alerts

http://socialmention.com/

http://www.netvibes.com

Tweetdeck.com / Hootsuite.com

Be  A  Mensch  

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Always be kind Always be patient Always be helpful Always be mindful Always be generous Always be grateful

What  It  Looks  Like  When  It’s  Right  

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1. How Can I Help?

2. How Can I Make This Fun?

3. How Can I Relate To You (and not just sell)?

4. How Can I Show Up Where You Are?

5. How Can I FIT INTO YOUR LIFE?

A  Good  Website  

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Beyond the goods… Resources to help inform

Helpful Tool – relieves the pain

Sticky  and  Sharable    

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Link bait, sharable, keeps visitor on the site

Lead funnel – good enough to give up their info for

Watch  &  Learn  

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Branded YouTube Channel with keyword rich titles – and stories about neighborhoods and other interesting, entertaining and helpful videos.

High  Value  Face  Time  

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Over 31,000 Fans

More than real estate

Tweeting  With  Over  7,000  and  on  474  Lists  

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Being  Helpful  on  Quora  

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Checking  IN    

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…And  Blogging  Too  

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And  It’s  Working  

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Matthew Shadbolt, Director of Internet Marketing at The Corcoran Group

As a lifestyle brand, Corcoran doesn’t simply create a presence, they participate in it.

“We have created and implemented a comprehensive mobile marketing strategy of leaving tips around New York based on the huge wealth of local neighborhood knowledge which we specialize in at Corcoran. Our brand premise of communicating what it’s like to actually live in a neighborhood and what living in NYC is like ‘beyond the four walls of your apartment’ is a key driver behind this approach.”

“The main thing we’ve seen is that the quality of the referral traffic back into our main website has significantly increased. Not only are we seeing more traffic coming in, but visitors coming in from social media sites are staying longer and looking at more things — something we had also seen with search engines but not in such large numbers. We have generated business through both Facebook and Twitter, primarily on the rentals side. People engaging with us directly on Facebook in particular has been increasing significantly over the past two months.”

Presented  by:  

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Mardy Sitzer Bumblebee Design & Marketing LLC 212-677-4050 mardy@bumblebeellc.com Visit our website at bumblebeellc.com and register for our Weekly Blog: Notes from the Hive And our Monthly Newsletter

Jump in on Twitter: twitter.com/MardySitzer Join us on Facebook: facebook.com/BumblebeeLLC Chat on: skype:MardySitzer Connect on Linkedin: linkedin.com/in/MardySitzer