Posts Tagged as Real Estate Marketing Tips

Transparency and You – What to Know About this Important Market Shift

Remember the days when availability, pricing, market trends, and histories used to be available almost exclusively to the professional real estate industry alone? In today’s real estate market, you are no longer ‘gatekeeper’ to this coveted ‘information key.’ In today’s real estate marketing tips, we’ll take a closer look at transparency in the industry, and how the Internet is changing the market.

Out of the Darkness
No longer in the dark, telling clients not to worry about the nitty-gritty, behind-the-scenes details of the MLS and other essential processes is not an option. The Internet has opened the eyes of clients to what previously went on behind the closed doors of the industry. Today, 80% of shoppers begin their real estate transaction online, where over the years previously coveted information has been compiled, offering today’s clients access to information that was once almost exclusively in the hands of real estate professionals.

Into the Light
With the Internet putting information in the hands of buyers, and the simplicity of the transfer of information to the MLS now well-known, informed buyers and sellers are begging the question, “Why do I need you?” For skilled agents, this is a boon in disguise, as less-than-stellar agents only willing to exert minimal effort for commissions are sure to be systemically cleansed from the industry, strengthening the profession.

Looking to the Future
As the real estate industry further jettisons into the coming “Era of Transparency,” those striving for real estate career success must come out of hiding, educating their clients on the ins and outs of transactions, and why they are uniquely skilled and valuable to clients in accomplishing transaction tasks. Those that do not will be sidestepped by clients in an era of alternatives that do not involve an agent.

Are you ready for the “Era of Transparency?” Take off your blinders, and step-up your game with real estate marketing tips and technology from Properties Online.

Selling New Construction Homes

Flat Fee Real Estate Agent Pricing Arrives in the US Market

Real estate trends from abroad have now reached the U.S., as flat-fee agency Purplebricks expands overseas following successes in the U.K. and Australia. A $177-million investment from Euro media giant Axel Springer, who is acquiring 11.5% of the company, made the expansion possible.

Accelerated Growth in the U.S. Anticipated

$71-million of the $177-million in funds has been allocated for accelerating the company’s expansion into target markets. This will help bolster Purplebricks’ company infrastructure, ensuring adequate recruitment and training to fill essential positions, and ensure managerial depth.

Funds will also be used to support technological advancements, boost advertising and marketing, and expand the company’s service offerings. The added funds from Axel Springer are twice the money it’s used to fund its U.S. operation to-date.

Where is Purplebricks Building Up Business?

Trends have drawn the company to the L.A. market, with later expansion to Fresno, Sacramento, and San Diego. It was plotting a move to the New York market for June 2018, but thanks to the funds from Axel Springer, Purplebricks has pushed up their move to April, setting up regional headquarters in Manhattan.

How are Customers Reacting?

Purplebricks’ flat-fee platform was well-received in all California markets. Homeowners pay a flat fee of $3,200 for listing, regardless of home value, agreeing to pay the buyer’s agent commission on closing. Included in the fee is a dedicated ‘buying expert,’ home photography and 3-D touring video tech, and the ability to make/review/negotiate offers online anytime with the click of a button.

According to the company, a New York homeowner listing a $560,000 home can save $13,600 compared to the standard brokerage commission model. Purplebricks’ partnership with Axel Springer is expected to fuel not just its geographical growth, but reap the benefits of the company’s digital and IT development expertise, sharing innovative new offerings with customers.

Times are changing. Are you stuck on old-school real estate trends? Step-up your game with the help of PropertiesOnline.

Tips for Using Music in Your Real Estate Videos

Professionals are increasingly turning to real estate video marketing to showcase listings. However faux pas abound, from shoddy photos and footage, to irritating, offensive background music that sends potential clients screaming (while covering their ears) in the opposite direction. In today’s video marketing tips, we’re going to look closer at the latter, lending an ear to learning about music selection…

(Don’t) Play that Funky Music
Instead of Dick Clark’s top 40 countdown hits, real estate video marketing should take advantage of instrumental music tracks that set a warm, relaxed tone, engaging the listener, but not overpowering the message (the home listing). Recognizable tunes that have the viewer singing/humming along shift attention from the home to the music, which is not where you want to be. Match your selection to the pace/content of listing video content to add interest, keeping prospects engrossed in the experience.

What About a Voice-Over?
Most videos don’t need a voice track at all. A simple text cue of home features works better, especially with regionally-specific accents (Texas, Tennessee, New York, New England).

Jam-Free Music Access
To avoid legal hoopla (legal action and fines), look to ‘royalty-free’ music. With royalty-free music, you pay one set price, and can use it over-and-over (separately on videos, website, blogs/vlogs) at no additional cost. Watch out for music that’s not royalty-free, or you’ll be forking over every time someone clicks on your video link.

Where to Find Music to Sway Customers
Virtuets, the latest video builder tool from Properties Online, offers a host of royalty-free music for your selection. This service is free with most of our products. Prefer to do-it-yourself, or looking for a wider selection? YouTube also provides free, royalty-free music to account holders. For a small fee, sites like Pond5 and AudioMicro.com also offer realty-specific options.

Sway customers with winning real estate video marketing tips. Set yourself on the path to success with the help of PropertiesOnline today.

Brace Yourself for Important New Trends

Think Outside the Box: Real Estate Marketing Tips

Over the past decade, the real estate industry has been on a roller coaster ride, plummeting to the depths of the housing crisis, then rising dramatically as markets and homeowners recovered, squinting blind-sided into the bright light of inventory shortages and fierce competition.

In light of this, it takes more than the average real estate marketing tips to emerge from such a ride smiling rather than tossing one’s proverbial cookies. How can you ensure your career doesn’t go off-course?

Like the Market, Sometimes You’ve Gotta Get a Little Crazy

– Throw Your Hands Up
Set up accounts and promote your properties on all major social media networks, interacting with the community, sharing good news and announcing new listings.

– Scream All the Way Down
Add social sharing buttons to make it easier for friends, family, and clients to email and share listings. On the flipside, don’t neglect real life interaction. Create an awesome business card too, passing them out like the free food samples at the area wholesale club.

– Watch for What’s Coming Up
Refurbish your website and ‘Contact Us’ page. Create an attention-grabbing, local-oriented, mobile-friendly space, emblazoning contact information on every page. Keep customers on-site with built-in features like mapping, ‘street-view’ and virtual tours. Stay in touch, even years after handing-over keys, with holiday cards to stay fresh in the minds of clients, and offering incentives for client referrals.

– Take a Selfie
Save time for all parties (and yourself), by offering professional quality video listings and information.

– Smile Like You Had a Good Time
Take quality photos (bad ones reflect poorly on your skill and listed properties). Hire a pro if you must to ensure a top-notch image. Sponsor local events to boost your brand.

Like life, your real estate career can be a bumpy ride. Instead of screaming all the way down, keep it on course with the latest, time-sensitive real estate marketing tips and tricks from Properties Online today.

How to Guide Buyers Into a Winning Bid

Getting a Price Drop: How to Have the “Tough Love” Talk with Your Seller

Sometimes in the realty industry, a little tough love is called for. It’s never easy. It’s certainly not fun. But it’s always necessary. How can you get through it without the emotional blowback? We’ve got the real estate selling tips to help you lay on the tough love, and not only survive, but thrive…

How to Help Sellers Get Past Ugly Home Sales Obstacles
Open a sellers’ eyes to listing issues without stumbling clumsily through your explanation or alienating them:

– Seller Has Listed Over CMA
“We began marketing your listing at what the industry refers to as the ‘seller’s price,’ the amount you hoped to get for you home. Following 3 weeks with no offers, it appears the market is not on par with this preliminary pricing. I’ve double-checked our original market analysis, and have a copy for your review, and I’d like to suggest offering your home at a price the market indicates, in this case, $XX.”

– The Price You Put on the Home is Too High
“I am in a position of having to deliver some difficult news. It is one of the toughest parts of my job, but I wouldn’t be providing you the level of service you deserve if I didn’t. My initial price recommendation was based on what you were looking to take away from the home sale, but the market is telling us that pricing is incorrect. I would like to get together with you and discuss price adjustment options.”

– Price is Right, But No Offers
“Homes that linger on the market are either priced to high or in poor shape. Since your home is in excellent condition, I believe the market is telling us we missed the correct price. I suggest we lower your listing price by $XX and see if that nets offers.”

Don’t let listings linger. Move inventory fast with real estate selling tips and tech from Properties Online today.